An American-based multinational computer Adobe was founded in December 1982 by John Warnock and Charles Geschke. Nowadays, Adobe is the world’s one of the substantial companies. According to the latest news, the giant company witnessed gains. The stock increased to $481.59 through the day while the company posted a 52-week range of $255.13-$536.88.
Significantly, the software company posted annual sales growth of 21.90% over the last five years. Moreover, Its annual earnings per share were 62.70%, while Earnings Per Share this year is 7.80%. Adobe’s shares outstanding now amount to $480 million, with a float of $477.02.
The giant firm now has a $244.35 billion market cap, and the stock’s 50-day Moving Average is $467.96 while the 200-day Moving Average reached $386.93.
Adobe has 22,634 employees
According to the latest data, Adobe has 22,634 employees and has generated 491,801 per worker through the last fiscal year. Significantly, its revenue per worker was 130,399. Significantly, the stock had a 7.81 Receivables turnover and a 0.55 Total Asset turnover.
The giant company has $2.57 earnings per share (EPS) for the quarter, while it hit a net margin of 26.51 while generating a profit on equity of 29.67.
Adobe Inc.’s Earnings per share increase for this current 12-month fiscal period is 7.80% and is likely to reach 11.17 in the coming year. Considering the longer run, market analysts think that Adobe’s EPS will increase by 17.42% in the following five years.
The company’s Quick Ratio r is 1.40. The stock has managed to achieve an ATR (an average true range) of 19.73. Additionally, its PE Ratio stands at $60.40, and its Beta score stands at 0.99. Another important indicator worth pondering is a publicly-traded firm’s price to sales ratio for the trailing twelve months, which is currently 18.04. Moreover, its price to free cash flow for the trailing twelve months is now stands at 45.68.