Adobe Systems Incorporated (ADBE) Analysts See $1.25 EPS

May 17, 2018 - By Jason Grubb

Adobe Systems Incorporated (NASDAQ:ADBE) LogoInvestors sentiment decreased to 0.89 in Q4 2017. Its down 0.22, from 1.11 in 2017Q3. It turned negative, 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.
Callahan Advsrs Ltd Liability invested 0.06% in Adobe Systems Incorporated (NASDAQ:ADBE). Lenox Wealth Advsrs owns 0% invested in Adobe Systems Incorporated (NASDAQ:ADBE) for 37 shares. Hanson Mcclain reported 211 shares stake. Moreover, Wilbanks Smith & Thomas Asset Ltd Com has 0.35% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Signaturefd Ltd Company reported 1,473 shares stake. Primecap Ca has 23.47 million shares for 3.16% of their portfolio. Fiduciary Tru invested 0.01% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Gradient Ltd Liability Com holds 0.03% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 2,946 shares. Paloma Ptnrs Mgmt reported 4,126 shares. Dixon Hubard Feinour Brown Va invested in 32,477 shares or 1.54% of the stock. 64,800 were accumulated by Art Advsrs. Hardman Johnston Global Ltd Com holds 331,019 shares or 2.46% of its portfolio. Credit Suisse Ag has invested 0.15% in Adobe Systems Incorporated (NASDAQ:ADBE). Moreover, Alpha Windward Lc has 0.16% invested in Adobe Systems Incorporated (NASDAQ:ADBE). 2,698 were accumulated by Westover Capital Advisors Ltd Com.

Since December 13, 2017, it had 1 buying transaction, and 16 selling transactions for $87.08 million activity. $338,846 worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by Lewnes Ann on Wednesday, December 13. 1,125 shares were bought by Banse Amy, worth $199,520. $10.21M worth of Adobe Systems Incorporated (NASDAQ:ADBE) was sold by GARRETT MARK. WARNOCK JOHN E sold $1.12 million worth of stock or 5,000 shares. $5.97 million worth of Adobe Systems Incorporated (NASDAQ:ADBE) shares were sold by LAMKIN BRYAN. 18,079 shares were sold by DILLON MICHAEL A, worth $3.51 million.

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 1.66M 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 company was maintained on Monday, December 11 by Cowen & Co. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Tuesday, January 2 by Stephens. J.P. Morgan downgraded it to “Hold” rating and $185.0 target in Tuesday, December 12 report. The firm earned “Buy” rating on Friday, March 16 by Guggenheim. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, March 16. On Friday, March 16 the stock rating was maintained by JP Morgan with “Neutral”. Stephens maintained the stock with “Buy” rating in Friday, March 16 report. The rating was maintained by Canaccord Genuity with “Buy” on Friday, March 16. The rating was maintained by Cowen & Co on Friday, March 16 with “Buy”. On Wednesday, December 13 the stock rating was maintained by Bank of America with “Buy”.

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 Streetinsider.com with their article: “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” published on May 15, 2018, Benzinga.com published: “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” on May 16, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Investorplace.com and their article: “25 Unstoppable Stocks to Buy No Matter What” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “DocuSign raises IPO price range” with publication date: April 25, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Chart

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