Adobe Systems Inc (ADBE)

ADBE (NASDAQ:Computer Software & Services) EQUITY
$74.25
neg -1.30
-1.70%
Today's Range: 73.77 - 75.32 | ADBE Avg Daily Volume: 3,237,800
Last Update: 02/11/16 - 12:23 PM EST
Volume: 1,659,911
YTD Performance: -19.61%
Open: $74.20
Previous Close: $75.53
52 Week Range: $71.27 - $96.42
Oustanding Shares: 498,330,407
Market Cap: 36,801,700,557
6-Month Chart
TheStreet Ratings Grade for ADBE
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 7 7 8 9
Moderate Buy 2 1 1 1
Hold 4 4 4 4
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 1.77 1.75 1.69 1.64
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 59.56
Price Earnings Comparisons:
ADBE Sector Avg. S&P 500
59.56 59.50 27.19
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-16.35% 3.81% 93.05%
GROWTH 12 Mo 3 Yr CAGR
Revenue 15.60 0.09 0.03
Net Income 134.60 -0.24 -0.09
EPS 135.20 -0.25 -0.09
Earnings for ADBE:
EBITDA 1.24B
Revenue 4.80B
Average Earnings Estimates
Qtr (02/16) Qtr (05/16) FY (11/16) FY (11/17)
Average Estimate $0.47 $0.51 $2.16 $2.96
Number of Analysts 3 3 4 4
High Estimate $0.49 $0.52 $2.20 $3.10
Low Estimate $0.45 $0.50 $2.13 $2.83
Prior Year $0.27 $0.34 $1.46 $2.16
Growth Rate (Year over Year) 72.84% 50.98% 47.60% 37.47%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
Stocks are divorcing themselves from the fundamentals.

The Book of Boockvar Real Money Pro($)

Peter Boockvar touches on central bankers and the weak earnings picture in this morning's commentary:
Once again, buyers are going for the gusto.
There are a number of oddities under the surface.
Bearish
Oct 07, 2015 | 7:18 AM EDT
Shares of ADBE now seen reaching $65, according to Credit Suisse. Estimates also reduced, given the company's new guidance. Neutral rat...
The five-day market win streak stalled a bit today. Though the close was weak, I still give the win to the bulls because of the modest drop in the averages after an 80-handle rise in the S&P index. That said, there was less than meets the eye as, taking out the share price gains of DuPont (DD) and Chevron (CVX), the market would have produced a less-stellar day. A lot of dead-cat bounces, me thinks! Remember Bob Farrell's lesson -- that when the laggards lead, it's typically a worrisome signpost. Energy and biotech caught bids and might be ripe for a near-term rally, albeit from low levels. Banks unchanged. Bonds closed at the day's highs; municipals and our closed-end muni funds were well-bid. Junk was up for a change! Crude was better. The U.S. dollar was a tad weaker. A technician's field day - Doji, evening stars and three peaks and a domed house!  I will be interested if the bullish investor sentiment rises a lot in this week's surveys; I suspect so! We are setting up for an interesting earnings season, even more than usual considering the crosswinds and headwinds.  If big misses at Yum! Brands (YUM), Adobe Systems (ADBE), Illumina (ILMN) and DuPont foreshadow a very weak third-quarter earnings season (and poor forward guidance), you want to be "all in" short, in my view. I sold Oaktree Capi
Update
Oct 06, 2015 | 6:37 AM EDT
ADBE - Adobe Systems Inc Analyst Meeting - 5PM
'Old' tech is coming on strong.
Futures are slightly lower as earnings begin to roll in.
If the stock pushes over $85, expect a quick push to test $87; a risk-reversal strategy may work well.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.