Anticipated $1.25 EPS for Adobe Systems Incorporated (ADBE) as of June, 19

May 17, 2018 - By Elizabeth Bryant

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 positions and 280 increased positions. Investors holded 414.95 million in 2017Q3 but now own 410.42 million shares or 1.09% less.
Chicago Equity Prtnrs Lc reported 113,070 shs or 0.6% of all its holdings. Symphony Asset Limited Liability Corp holds 0.2% of its capital in Adobe Systems Incorporated (NASDAQ:ADBE) for 10,952 shs. Nelson Roberts Advsr Ltd Llc reported 304 shs or 0.02% of all its holdings. Aristotle Cap Mgmt Limited Liability Company holds 4% or 3.29 million shs. Janney Montgomery Scott Ltd Liability Co, a Pennsylvania-based fund reported 10,040 shs. Middleton And Company Inc Ma holds 0.95% or 32,317 shs. Dimensional Fund Advisors Ltd Partnership has 809,907 shs. Federated Investors Pa reported 138,023 shs. Endurance Wealth has invested 0.05% in Adobe Systems Incorporated (NASDAQ:ADBE). Illinois-based Peak6 Invs Ltd Partnership has invested 0.24% in Adobe Systems Incorporated (NASDAQ:ADBE). The United Kingdom-based Parus Finance (Uk) Limited has invested 3.42% in Adobe Systems Incorporated (NASDAQ:ADBE). Monetary Management Grp Inc Inc owns 800 shs or 0.06% of their US capital. First Long Island Invsts Limited Liability Company owns 115,016 shs or 2.74% of their US capital. Amp Invsts invested in 394,541 shs or 0.37% of the stock. Forte Cap Ltd Llc Adv holds 1.84% in Adobe Systems Incorporated (NASDAQ:ADBE) or 35,249 shs.

Adobe Systems Incorporated had 16 selling transactions and 1 insider purchase since December 13, 2017. This’s net activity of $87.08 million. Shares for $680,503 were sold by Lewnes Ann. WARNOCK JOHN E sold 5,000 shs worth $1.12 million. Banse Amy bought $199,520 worth of stock. $3.63M worth of Adobe Systems Incorporated (NASDAQ:ADBE) shs were sold by Rencher Bradley. The insider DILLON MICHAEL A sold $3.51 million. 29,404 shs were sold by Morris Donna, worth $5.81M.

On June, 19 Adobe Systems Incorporated (NASDAQ:ADBE)’s earnings release is anticipated by WallStreet, Zacks reports. Analysts have expectation on stock’s earnings per share of $1.25. That’s up 54.32 % from last year’s $0.81 earnings per share. If the current earnings per share of $1.25 is accurate, 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 earnings per share for previous quarter. Ticker’s shares touched $237.39 during the last trading session after 0.33% change.Currently Adobe Systems Incorporated is uptrending after 66.71% change in last May 17, 2017. ADBE has 1.66M shares volume. ADBE outperformed by 55.16% the S&P500.

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”. 80% are bullish. 33 are the (NASDAQ:ADBE)’s analyst reports since November 22, 2017 according to StockzIntelligence Inc. On Friday, March 16 Morgan Stanley maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Equal-Weight” rating. On Friday, December 8 RBC Capital Markets maintained the shares of ADBE in report with “Buy” rating. The stock rating was maintained by Credit Suisse with “Outperform” on Friday, March 16. The stock rating was maintained by Stephens with “Buy” on Tuesday, January 2. On Thursday, December 14 Canaccord Genuity maintained Adobe Systems Incorporated (NASDAQ:ADBE) with “Buy” rating. The company rating was maintained by Piper Jaffray on Friday, December 15. On Monday, December 11 the stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Buy” rating by Cowen & Co. On Friday, March 16 the rating was maintained by KeyBanc Capital Markets with “Overweight”. In Thursday, March 15 report Barclays Capital maintained the stock with “Overweight” rating. On Tuesday, December 12 J.P. Morgan downgraded Adobe Systems Incorporated (NASDAQ:ADBE) to “Hold” rating.

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 brought out recently go to: Investorplace.com, Seekingalpha.com, Streetinsider.com, Nasdaq.com or Benzinga.com. The titles are as follows: “25 Unstoppable Stocks to Buy No Matter What” brought out on May 16, 2018, “DocuSign raises IPO price range” on April 25, 2018, “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” with a publish date: May 15, 2018, “Don’t Let Adobe (ADBE) Stock Slip Through Your Fingers” and the last “Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolio” with publication date: May 16, 2018.

Adobe Systems Incorporated (NASDAQ:ADBE) Analyst Ratings Chart

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