Adobe Systems Incorporated (ADBE) EPS Estimated At $1.25

May 17, 2018 - By Anna Granville

Adobe Systems Incorporated (NASDAQ:ADBE) LogoInvestors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. It fall, as 47 investors sold Adobe Systems Incorporated shares while 389 reduced holdings. 107 funds opened positions while 280 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported.
Great Lakes Lc invested 0.02% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). The California-based Tcw Gp has invested 1.92% in Adobe Systems Incorporated (NASDAQ:ADBE). Japan-based Meiji Yasuda Life has invested 0.3% in Adobe Systems Incorporated (NASDAQ:ADBE). Conning Inc has invested 0.07% in Adobe Systems Incorporated (NASDAQ:ADBE). The Japan-based Sumitomo Mitsui Asset has invested 0.11% in Adobe Systems Incorporated (NASDAQ:ADBE). Sequoia Fincl Advsr has invested 0.05% in Adobe Systems Incorporated (NASDAQ:ADBE). Goelzer Mgmt reported 14,000 shares. Canada Pension Plan Investment Board holds 0.36% or 1.10 million shares in its portfolio. Ferguson Wellman Cap Management holds 122,686 shares or 0.74% of its portfolio. Saturna Corporation has invested 2.61% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Mar Vista Prtn Ltd Liability Corp owns 2.43% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 370,106 shares. Paragon Capital Mngmt Limited Liability Company has 0.16% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Dorsey & Whitney Trust Ltd Liability Corporation has invested 0.14% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Wealth Architects Ltd Liability Corporation has 0.2% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 3,497 shares. Oxbow Advisors Ltd accumulated 1,703 shares.

Since December 13, 2017, it had 1 buy, and 16 insider sales for $87.08 million activity. NARAYEN SHANTANU sold $32.66 million worth of stock or 165,023 shares. $3.63 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Rencher Bradley. DILLON MICHAEL A had sold 6,376 shares worth $1.26M. WARNOCK JOHN E also sold $1.12 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Monday, March 19. Another trade for 1,125 shares valued at $199,520 was bought by Banse Amy. Lewnes Ann also sold $338,846 worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, December 13.

Analysts expect Adobe Systems Incorporated (NASDAQ:ADBE) to report $1.25 EPS on June, 19.They anticipate $0.44 EPS change or 54.32 % from last quarter’s $0.81 EPS. ADBE’s profit would be $615.59 million giving it 47.48 P/E if the $1.25 EPS is correct. After having $1.28 EPS previously, Adobe Systems Incorporated’s analysts see -2.34 % EPS growth. The stock increased 0.33% or $0.79 during the last trading session, reaching $237.39. About 1.66 million shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 17, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

Among 20 analysts covering Adobe Systems (NASDAQ:ADBE), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Adobe Systems had 33 analyst reports since November 22, 2017 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Wednesday, November 22 with “Overweight”. Credit Suisse maintained the shares of ADBE in report on Friday, March 16 with “Outperform” rating. The firm has “Buy” rating by Guggenheim given on Friday, March 16. The rating was maintained by Credit Suisse on Monday, March 12 with “Buy”. The firm has “Buy” rating given on Thursday, March 15 by Robert W. Baird. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Monday, March 12 by Stifel Nicolaus. BMO Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, March 16 with “Outperform” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Tuesday, January 23 by Guggenheim. The stock has “Buy” rating by Cowen & Co on Monday, December 11. The stock has “Buy” rating by DZ Bank on Tuesday, March 20.

Adobe Systems Incorporated operates as a diversified software firm worldwide. The company has market cap of $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. It has a 63.32 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.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Nasdaq.com which released: “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” on May 10, 2018, also Seekingalpha.com with their article: “DocuSign raises IPO price range” published on April 25, 2018, Investorplace.com published: “25 Unstoppable Stocks to Buy No Matter What” on May 16, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Benzinga.com and their article: “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” published on May 16, 2018 as well as Streetinsider.com‘s news article titled: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” with publication date: May 15, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Chart

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