Adobe Systems Incorporated (ADBE) Analysts See $0.96 EPS

Adjust Comment Print

Insiders sold 14,849 shares of company stock worth $2,519,679 over the last ninety days. The Umb Bank N A holds 124,563 shares with $21.45 million value, up from 122,309 last quarter. About 972,163 shares traded or 206.89% up from the average. (NASDAQ:CBFV) news were published by: Globenewswire.com which released: "CB Financial Services, Inc". It has underperformed by 12.60% the S&P500. The software company reported $1.10 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.01 by $0.09. ADBE's profit will be $473.23 million for 44.59 P/E if the $0.96 EPS becomes a reality. After having $0.90 EPS previously, Adobe Systems Incorporated's analysts see 6.67% EPS growth.

This particular stock's 5-day moving average is 174.10, its 20-day moving average is 180.35 and its 100-day moving average is 160.08.

Mairs & Power Inc increased Oasis Petroleum Inc (NYSE:OAS) stake by 121,400 shares to 352,620 valued at $2.84M in 2017Q2.

Adobe Systems Incorporated (ADBE) opened at $173.52 on Thursday. It has outperformed by 24.93% the S&P500. Therefore 45% are positive. Adobe Systems has a 52 week low of $100.89 and a 52 week high of $186.27. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Overweight" rating given on Friday, December 11 by JP Morgan. The company has a market capitalization of $82,587.66, a price-to-earnings ratio of 50.46, a price-to-earnings-growth ratio of 2.12 and a beta of 1.05. On Friday, December 11 the stock rating was maintained by FBR Capital with "Mkt Perform". As per Tuesday, August 22, the company rating was maintained by Canaccord Genuity. Five investment analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the company's stock. Wood downgraded CB Financial Services, Inc. (NASDAQ:AMGN) on Tuesday, December 20 to "Neutral" rating. Piper Jaffray maintained the shares of ADBE in report on Sunday, August 6 with "Buy" rating.


Investors sentiment decreased to 1.15 in Q2 2017. Its up 0.10, from 1 in 2017Q1. However, the institutional investors are observed to own 89.80% of the total shares. 1ST Source Bank now owns 1,847 shares of the software company's stock valued at $261,000 after purchasing an additional 6 shares during the period. It also upped Ishares Tr Rssll 1000 Grwt (IWF) stake by 18,756 shares and now owns 39,964 shares. Regions Corp stated it has 23,933 shares or 0.04% of all its holdings. This was revealed in their last financial report. Marble Harbor Invest Counsel reported 3,668 shares. Bridgewater Assocs L P accumulated 84,446 shares or 0.11% of the stock.

From another technical standpoint, Adobe Systems Incorporated (NASDAQ:ADBE)'s 14-day Relative Strength Index (RSI) has reached 47.35, putting it inside a neutral zone. Fcg Advsr Ltd Llc, a New Jersey-based fund reported 2,369 shares. BARING ASSET MANAGEMENT Ltd now owns 26,699 shares of the software company's stock valued at $3,776,000 after acquiring an additional 2,864 shares during the period.

Brokerage houses, on average, are recommending investors to sell Bed Bath & Beyond Inc. (NYSE:MUX) news were published by: Globenewswire.com which released: "McEwen Mining Announces Timmins Exploration Program and Funding" on December 01, 2017. It also reduced Texas Instruments Inc (NASDAQ:TXN) stake by 32,819 shares and now owns 293,878 shares. Netflix Inc (NASDAQ:NFLX) was raised too. Its up 0.99, from 0.97 in 2017Q1.

In other Adobe Systems news, EVP Ann Lewnes sold 1,953 shares of the stock in a transaction on Wednesday, September 13th. 117 funds opened positions while 294 raised stakes. Trust Co. of Vermont increased its position in shares of Adobe Systems by 0.6% during the second quarter.


A number of research analysts recently weighed in on ADBE shares. The firm's revenue was up 25.8% compared to the same quarter last year. analysts forecast that Adobe Systems Incorporated will post 3.46 earnings per share for the current year. Adobe Systems earned a news sentiment score of 0.13 on Accern's scale. Aberdeen Asset Management Public Limited Uk, a United Kingdom-based fund reported 112,647 shares. Following the transaction, the executive vice president now directly owns 64,177 shares in the company, valued at $8,719,087.22. Advisory Serv Ntwk Ltd Limited Liability Company holds 0.23% in Adobe Systems Incorporated (NASDAQ:ADBE) or 12,320 shares. Usca Ria Limited Liability Corporation has invested 0.05% in Adobe Systems Incorporated (NASDAQ:ADBE). 9,215 were accumulated by Spectrum Management Gp. Pittenger & Anderson stated it has 0.02% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). 76,342 were accumulated by Gotham Asset Mgmt Limited Liability Co. Nippon Life Global Invsts Americas has 2.02% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 166,430 shares.

The performance for the week for Adobe Systems Incorporated is -1.88% following the monthly performance of -4.03%.

With its market cap stated above, the dividend yield for Adobe Systems Incorporated, ADBE is *TBA. 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 16.08 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.

Since June 14, 2017, it had 0 insider purchases, and 1 insider sale for $311,035 activity.


1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Therefore 33% are positive. Adobe Systems had 125 analyst reports since August 11, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with "Hold" rating in Friday, November 17 report. The stock has "Buy" rating by Pivotal Research on Wednesday, September 21. On Wednesday, September 21 the stock rating was maintained by Pacific Crest with "Overweight". BMO Capital Markets has "Buy" rating and $165.0 target. BMO Capital Markets maintained the stock with "Buy" rating in Monday, September 25 report. Wunderlich maintained the shares of ADBE in report on Thursday, November 3 with "Hold" rating.

Comments