Adobe Systems Incorporated (ADBE) Analysts See $1.25 EPS as of June, 19

May 17, 2018 - By Jimmy Cauthen

Adobe Systems Incorporated (NASDAQ:ADBE) Corporate Logo
Big Money Sentiment decreased to 0.89 in Q4 2017. It has change of 0.22, from 2017Q3’s 1.11. The ratio dropped due to Adobe Systems Incorporated positioning: 47 sold and 389 reduced. 107 funds amassed holdings and 280 increased holdings. Investors holded 414.95 million in 2017Q3 but now own 410.42 million shares or 1.09% less.
Checchi Capital Advisers Limited Liability Company holds 0.12% or 4,998 shs in its capital. Smithfield Company accumulated 727 shs. Moreover, Cipher Cap Lp has 0.26% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Arrowstreet Capital Ltd Partnership accumulated 5.37 million shs or 2.26% of the stock. Timessquare Capital Ltd Liability Corporation holds 22,885 shs or 0.03% of its capital. Gilder Gagnon Howe & Lc invested in 511,796 shs or 1.2% of the stock. Asset One Communications invested in 0.31% or 795,729 shs. Suntrust Banks accumulated 48,633 shs or 0.05% of the stock. Whittier Tru Of Nevada reported 5,555 shs. Louisiana State Employees Retirement reported 29,800 shs stake. Zevin Asset Mngmt Limited Liability Company has 4,252 shs for 0.17% of their capital. Peapack Gladstone Fincl owns 0.18% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 18,910 shs. Alphamark Advsr Limited Liability has 0.24% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 3,451 shs. First Citizens Bancshares And Trust owns 8,853 shs. Suvretta Capital Management Ltd Liability invested in 9.36% or 2.26M shs.

Adobe Systems Incorporated had 16 selling transactions and 1 insider purchase since December 13, 2017. This’s net activity of $87.08 million. On Wednesday, April 18 2,937 shs were sold by Lewnes Ann, worth $680,503. On Friday, April 20 GESCHKE CHARLES M sold $3.59 million worth of Adobe Systems Incorporated (NASDAQ:ADBE). THOMPSON MATTHEW also sold $10.16M worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, January 26. On Wednesday, January 31 the insider DILLON MICHAEL A sold $1.26M. Morris Donna had sold 29,404 shs worth $5.81M. On Thursday, March 29 14,000 shs were sold by WARNOCK JOHN E, worth $3.03M.

On June, 19 is anticipated Adobe Systems Incorporated (NASDAQ:ADBE)’s earnings report, as reported by RTT. Last year’s EPS was $0.81, while now analysts expect change of 54.32 % up from current $1.25 EPS. ADBE’s profit could reach $615.59 million with 47.48 P/E in case $1.25 EPS is revealed. -2.34 % negative EPS growth is what analysts predict. $1.28 EPS was revealed for last quarter. ADBE is touching $237.39 during the last trading session, after increased 0.33%.Currently Adobe Systems Incorporated is uptrending after 66.71% change in last May 17, 2017. ADBE has 1.66 million shares volume. ADBE 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 Tuesday, January 23 the stock has “Buy” rating by Guggenheim. On Friday, March 16 Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Buy” rating. On Tuesday, January 23 the stock has “Buy” rating by Credit Suisse. On Friday, March 16 the stock has “Equal-Weight” rating by Morgan Stanley. On Friday, March 16 the rating was maintained by Guggenheim with “Buy”. On Wednesday, January 10 the rating was maintained by Guggenheim with “Buy”. On Monday, December 11 Cowen & Co maintained the shares of ADBE in report with “Buy” rating. On Tuesday, December 12 the firm has “Hold” rating given by J.P. Morgan. On Wednesday, November 22 the stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Overweight” rating given by KeyBanc Capital Markets. On Friday, December 15 RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Buy” rating.

Adobe Systems Incorporated operates as a diversified software firm worldwide.The firm is valued at $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 announced briefly go to: Streetinsider.com, Investorplace.com, Benzinga.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” announced on May 15, 2018, “25 Unstoppable Stocks to Buy No Matter What” on May 16, 2018, “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” with a publish date: May 16, 2018, “DocuSign raises IPO price range” 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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