Autodesk (ADSK) Rises Yet Lags Behind Market: Some Facts Worth Knowing

In the latest trading session, Autodesk (ADSK) closed at $290.23, marking a +1.46% move from the previous day. The stock lagged the S&P 500's daily gain of 1.52%. Elsewhere, the Dow saw an upswing of 1.89%, while the tech-heavy Nasdaq appreciated by 1.88%. The design software company's shares have seen a decrease of 5% over the last month, not keeping up with the Computer and Technology sector's loss of 0.05% and the S&P 500's gain of 1.1%.The investment community will be closely monitoring the performance of Autodesk in its forthcoming earnings report. The company is scheduled to release its earnings on August 28, 2025. It is anticipated that the company will report an EPS of $2.44, marking a 13.49% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.73 billion, indicating a 14.65% increase compared to the same quarter of the previous year. For the full year, the Zacks Consensus Estimates are projecting earnings of $9.64 per share and revenue of $6.97 billion, which would represent changes of +13.81% and +13.67%, respectively, from the prior year. It is also important to note the recent changes to analyst estimates for Autodesk. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Autodesk is holding a Zacks Rank of #3 (Hold) right now. In the context of valuation, Autodesk is at present trading with a Forward P/E ratio of 29.68. Its industry sports an average Forward P/E of 28.87, so one might conclude that Autodesk is trading at a premium comparatively. One should further note that ADSK currently holds a PEG ratio of 1.88. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 2.24 at the close of the market yesterday. The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 71, placing it within the top 29% of over 250 industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. One Big Gain, Every Trading DayTo help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Autodesk, Inc. (ADSK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks