As of June, 19 Adobe Systems Incorporated (ADBE) EPS Estimated At $1.25

May 17, 2018 - By Russell Jones

Adobe Systems Incorporated (NASDAQ:ADBE) Corporate Logo
During 2017 Q4 the big money sentiment decreased to 0.89. That’s change of 0.22, from 2017Q3’s 1.11. 47 investors sold all, 389 reduced holdings as Adobe Systems Incorporated ratio dived. 280 grew positions while 107 funds bought positions. Funds hold 410.42 million shares thus 1.09% less from 2017Q3’s 414.95 million shares.
Prudential Financial has invested 0.46% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE). Karp Capital Mgmt Corporation reported 8,025 shs. Pennsylvania-based Pennsylvania Tru has invested 0.74% in Adobe Systems Incorporated (NASDAQ:ADBE). Telemus Ltd Company stated it has 26,628 shs. Lockheed Martin Inv has 13,400 shs for 0.11% of their capital. Moreover, Trust Of Vermont has 0.04% invested in Adobe Systems Incorporated (NASDAQ:ADBE). 103,791 were accumulated by Icon Advisers Inc. Adage Prtnrs Grp Ltd Liability reported 698,328 shs. Murphy Mngmt, a New Jersey-based fund reported 1,905 shs. Sumitomo Mitsui Tru Holdings has 1.44M shs for 0.33% of their capital. 1,800 were accumulated by Ipg Investment Advsr Ltd Liability Corporation. Marshall Wace Ltd Liability Partnership reported 14,242 shs or 0.1% of all its holdings. Glg Limited Partnership holds 50,691 shs or 0.42% of its capital. Nebraska-based Pittenger Anderson Incorporated has invested 0.02% in Adobe Systems Incorporated (NASDAQ:ADBE). Fiduciary Trust holds 0.01% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,271 shs.

Adobe Systems Incorporated registered $87.08 million net activity with 1 insider buy and 16 selling transactions since December 13, 2017. On Wednesday, January 24 Rencher Bradley also sold $3.63M worth of Adobe Systems Incorporated (NASDAQ:ADBE). $3.03M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by WARNOCK JOHN E. Shares for $3.51M were sold by DILLON MICHAEL A on Monday, February 5. Lewnes Ann sold $680,503 worth of Adobe Systems Incorporated (NASDAQ:ADBE) or 2,937 shs on Wednesday, April 18. 1,125 Adobe Systems Incorporated (NASDAQ:ADBE) shs with value of $199,520 were bought by Banse Amy. On Wednesday, January 24 the insider Morris Donna sold $5.81 million.

Adobe Systems Incorporated (NASDAQ:ADBE)’s earnings report is awaited on June, 19., Zacks reports. Analysts forecast $1.25 EPS, which is $0.44 up or 54.32 % from 2017’s $0.81 EPS. In case of $1.25 EPS ADBE’s profit could be $615.59 million. Analysts at Wall Street see Adobe Systems Incorporated’s -2.34 % negative EPS growth compared to $1.28 EPS for last quarter. ADBE is reaching $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. The stock outperformed the S&P500 by 55.16%.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

A total of 20 analysts rate Adobe Systems (NASDAQ:ADBE) as follows: 16 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 80% are bullish. (NASDAQ:ADBE) has 33 ratings reports on May 17, 2018 according to StockzIntelligence. On Friday, March 16 the stock has “Equal-Weight” rating by Morgan Stanley. On Tuesday, January 23 Canaccord Genuity maintained the shares of ADBE in report with “Buy” rating. On Friday, March 16 Guggenheim maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating. Guggenheim has “Buy” rating and $245.0 target. On Tuesday, January 23 the firm has “Buy” rating by Guggenheim given. The stock rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, November 22. On Friday, March 16 JP Morgan maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating. JP Morgan has “Neutral” rating and $235 target. The company rating was maintained by Robert W. Baird on Friday, December 15. On Friday, December 8 the rating was maintained by RBC Capital Markets with “Buy”. On Friday, March 16 Cowen & Co maintained the shares of ADBE in report with “Buy” rating. In Friday, March 16 report Credit Suisse maintained it with “Outperform” rating and $250 target.

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

Adobe Systems Incorporated (NASDAQ:ADBE) Analyst Ratings Chart

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