Company Performance - Autodesk closed the latest trading day at $272.89, reflecting a +0.52% change from the previous session, which lagged behind the S&P 500's gain of 0.58% [1] - Over the past month, Autodesk shares gained 3.69%, outperforming the Computer and Technology sector's gain of 0.6% and the S&P 500's loss of 0.84% [1] Upcoming Financial Results - Autodesk is expected to report an EPS of $2.14, representing a 14.44% increase compared to the same quarter last year, with anticipated revenue of $1.61 billion, indicating a 13.39% rise [2] - For the entire fiscal year, earnings are projected at $9.48 per share and revenue at $6.92 billion, reflecting changes of +11.92% and +12.84% respectively from the prior year [3] Analyst Estimates and Valuation - Recent changes to analyst estimates indicate a positive outlook for Autodesk's business operations and profit generation [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Autodesk at 3 (Hold), with the consensus EPS estimate moving 0.44% lower over the past month [6] - Autodesk is trading at a Forward P/E ratio of 28.63, which is a premium compared to the industry average of 25.98, and has a PEG ratio of 1.85, below the Internet - Software industry's average of 2.2 [7] Industry Context - The Internet - Software industry is part of the Computer and Technology sector, which has a Zacks Industry Rank of 143, placing it in the bottom 43% of over 250 industries [8]
Autodesk (ADSK) Rises Yet Lags Behind Market: Some Facts Worth Knowing