Autodesk Inc.(ADSK:NSD) Barclays lowers the target price to $216

STA Research
by: STA Research

Barclays maintains Autodesk Inc. with an Overweight rating and lowers the target price to $216 from $230 on the company’s stock.

Based on the Autodesk Inc stock forecasts from 19 analysts, the average analyst target price for Autodesk Inc is USD 259.59 over the next 12 months. Autodesk Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Autodesk Inc is Slightly Bullish , which is based on 8 positive signals and 5 negative signals. At the last closing, Autodesk Inc’s stock price was USD 191.63Autodesk Inc’s stock price has changed by -1.08% over the past week, +3.25% over the past month and -34.49% over the last year.

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What we don’t like:

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

 

 

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