As of June, 19 The EPS for Adobe Systems Incorporated (ADBE) Expected At $1.25

May 17, 2018 - By Clyde Turner

Adobe Systems Incorporated (NASDAQ:ADBE) Corporate Logo
Big Money Sentiment decreased to 0.89 in 2017 Q4. It has change of 0.22, from 2017Q3’s 1.11. The ratio dived due to Adobe Systems Incorporated positioning: 47 sold and 389 reduced. 107 funds bought holdings and 280 increased holdings. Investors holded 414.95 million in 2017Q3 but now own 410.42 million shares or 1.09% less.
155,734 were reported by Gulf Commercial Bank (Uk). Bancshares Of Nova Scotia has 0.13% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Riverpark Advsr Limited reported 23,077 shs or 0.58% of all its holdings. Private Ocean Lc invested in 25 shs. Hartford Fin Management owns 1,770 shs. First Personal Fincl Svcs has 0.12% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 3,370 shs. Scotia Cap accumulated 0.01% or 2,850 shs. Zevenbergen Capital Ltd accumulated 263,360 shs. 639,419 are held by Korea Invest Corporation. Ls Inv Advisors Limited Liability reported 0.16% stake. Omega Advsrs holds 207,000 shs or 1.36% of its capital. First Savings Bank Of Omaha invested 0.49% in Adobe Systems Incorporated (NASDAQ:ADBE). Da Davidson & holds 21,287 shs. 10,400 were accumulated by Aimz Advsr Lc. Twin Tree Management Limited Partnership owns 63,234 shs or 0.08% of their US capital.

Adobe Systems Incorporated had 16 insider sales and 1 insider buy since December 13, 2017. This’s net activity of $87.08 million. $658,148 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Lewnes Ann. On Friday, April 20 16,000 shs were sold by GESCHKE CHARLES M, worth $3.59M. NARAYEN SHANTANU sold $32.66 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 165,023 shs on Wednesday, January 24. WARNOCK JOHN E sold $671,316 worth of stock or 3,000 shs. On Wednesday, January 31 LAMKIN BRYAN had sold 30,000 shs worth $5.97 million. On Tuesday, February 6 Shares for $10.21M were sold by GARRETT MARK.

On June, 19 is expected Adobe Systems Incorporated (NASDAQ:ADBE)’s earnings report, as reported by RTT. Analysts have expectation on stock’s earnings per share of $1.25. That’s up 54.32 % from last year’s $0.81 earnings per share. ADBE’s profit could hit $615.59 million with 47.48 P/E in case $1.25 earnings per share is announced. Wall Street predicts -2.34 % negative EPS growth as of June, 19. ADBE reached $237.39 during the last trading session after $0.79 change.Adobe Systems Incorporated has volume of 1.66M shares. Since May 17, 2017 ADBE has risen 66.71% and is uptrending. The stock outperformed the S&P500 by 55.16%.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

In total 20 analysts cover Adobe Systems (NASDAQ:ADBE). “Buy” rating has 16, “Sell” are 0, while 4 are “Hold”. (NASDAQ:ADBE) has 80% bullish analysts. 33 are the (NASDAQ:ADBE)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Thursday, March 15 the rating was maintained by Barclays Capital with “Overweight”. The stock rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, March 16. On Friday, March 16 the stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Outperform” rating given by Credit Suisse. In Monday, March 12 report Stifel Nicolaus maintained the stock with “Buy” rating. On Friday, March 16 the rating was maintained by Stephens with “Buy”. On Friday, March 16 the stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Overweight” rating by KeyBanc Capital Markets. On Thursday, March 15 RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Buy” rating. On Friday, March 16 the firm has “Buy” rating by Cowen & Co given. On Wednesday, January 10 the firm earned “Buy” rating by Guggenheim. The company rating was maintained by Guggenheim on Friday, March 16.

Adobe Systems Incorporated operates as a diversified software firm worldwide.The firm is worth $116.91 billion. The Company’s Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content.63.32 is the P/E ratio. This segmentÂ’s flagship product is Creative Cloud, a subscription service that allows clients to download and install the latest versions of its creative products.

For more Adobe Systems Incorporated (NASDAQ:ADBE) news published recently go to: Streetinsider.com, Benzinga.com, Seekingalpha.com, Investorplace.com or Nasdaq.com. The titles are as follows: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” published on May 15, 2018, “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” on May 16, 2018, “DocuSign raises IPO price range” with a publish date: April 25, 2018, “25 Unstoppable Stocks to Buy No Matter What” and the last “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” with publication date: May 10, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Analyst Ratings Chart

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