Published: Tue, December 05, 2017
Finance | By Loren Pratt

Analysts See $0.96 EPS for Adobe Systems Incorporated (ADBE)


About 3.02M shares traded or 9.04% up from the average. It has outperformed by 25.59% the S&P500. Also, EVP Matthew Thompson sold 2,190 shares of the business's stock in a transaction on Monday, October 23rd. Balyasny Asset invested in 0.03% or 59,700 shares. The stock decreased 1.66% or $0.52 during the last trading session, reaching $30.74. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. SemGroup Corporation (NYSE:SEMG) has risen 7.33% since December 5, 2016 and is uptrending. It has outperformed by 60.63% the S&P500. RI lowered its position in Adobe Systems Incorporated (NASDAQ:ADBE) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. After having $0.90 EPS previously, Adobe Systems Incorporated's analysts see 6.67 % EPS growth. ADBE's profit will be $473.22M for 43.86 P/E if the $0.96 EPS becomes a reality.

Since June 14, 2017, it had 0 insider buys, and 1 sale for $311,035 activity. About 170,664 shares traded. Vetr downgraded shares of Adobe Systems from a "buy" rating to a "hold" rating and set a $147.85 price objective for the company.in a research note on Thursday, May 25th. Therefore 92% are positive. Adobe Systems had 125 analyst reports since August 11, 2015 according to SRatingsIntel. Cantor Fitzgerald has "Hold" rating and GBX 295 target. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Buy" rating by Deutsche Bank on Wednesday, October 7. Adobe Systems Incorporated's beta is 1.05 whilst the stock has an average true range (ATR) of 3.99. As per Tuesday, August 9, the company rating was maintained by Barclays Capital. Liberum Capital maintained the stock with "Buy" rating in Wednesday, March 8 report. Five investment analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and two have given a strong buy rating to the company's stock. The company was initiated on Friday, June 24 by Cowen & Co. Finally, Piper Jaffray Companies reaffirmed a "buy" rating and set a $180.00 price objective on shares of Adobe Systems in a research report on Tuesday, September 12th. The rating was maintained by S&P Research on Monday, September 21 with "Hold". Jefferies maintained the stock with "Hold" rating in Friday, May 13 report. (NASDAQ:BIIB). Nippon Life Co owns 7,438 shares. Athene Holding Ltd was raised too.

Investors sentiment increased to 1.1 in 2017 Q2. Its up 0.10, from 1 in 2017Q1.

On Monday, Shares of Adobe Systems Incorporated (NASDAQ: ADBE) expressed a change of -3.62% and is now trading at $173.03. FMR LLC raised its position in shares of Adobe Systems by 0.4% in the first quarter. Trust Co. of Vermont lifted its stake in shares of Adobe Systems by 0.6% in the 2nd quarter. The California-based Weatherly Asset Limited Partnership has invested 2.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Macguire Cheswick Tuttle Inv Counsel Ltd Liability Company reported 6,050 shares or 0.17% of all its holdings. Blair William Il invested in 1.03% or 972,249 shares. Private Asset Mngmt holds 0.03% or 1,450 shares.

For more information about research offerings from Zacks Investment Research, visit Zacks.com Receive News & Ratings for Adobe Systems Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adobe Systems Incorporated and related companies with MarketBeat.com's FREE daily email newsletter. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 5, 2016 and is uptrending. Busey Trust Company holds 0.05% or 2,332 shares in its portfolio. Norris Perne French Llp Mi invested in 1.43% or 60,305 shares. UBS maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Wednesday, June 22. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 4,529 shares. Conning stated it has 0.06% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Exane Derivatives reported 0% stake. Therefore 57% are positive.


The stock has shown weekly performance of 8.11% and monthly performance stands at 4.84%. Raymond James initiated Rapid7, Inc. The firm has "Buy" rating by KeyBanc Capital Markets given on Tuesday, September 26. The stock has "Outperform" rating by RBC Capital Markets on Friday, December 11. The stock of Rapid7, Inc.

Investigating the productivity proportions of Ambarella, Inc., (NASDAQ: AMBA) stock, speculator will discover its ROE, ROA, ROI remaining at 11.9%, 10.5% and 14.9%, individually.

Several research firms have recently commented on ADBE.

Malibu Boats, Inc. designs, manufactures, distributes, markets, and sells recreational powerboats. Savant Cap Limited Liability Company holds 3,350 shares. The firm offers performance sport boats under the Malibu and Axis brand names; and sterndrives and outboard boats under the Cobalt brand name. It has a 53.7 P/E ratio. The Company's boats are used for water sports, including water skiing, wakeboarding, and wake surfing, as well as general recreational boating. In the past 13-year record, this ratio went down as low as 0.22 and as high as 1.7. Its up 0.10, from 1 in 2017Q1. It also reduced Facebook Inc (NASDAQ:FB) stake by 4,817 shares and now owns 73,275 shares. 29 funds opened positions while 36 raised stakes. Citigroup upgraded the stock to "Buy" rating in Friday, May 20 report. Hudson Bay Cap L P invested 0.03% of its portfolio in Malibu Boats, Inc. (NASDAQ:MBUU) for 186 shares. Polen Limited Com stated it has 6.06 million shares. (NASDAQ:MBUU). Bank Of America De invested 0% of its portfolio in Malibu Boats, Inc. (NASDAQ:BIIB) for 8 shares.

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