Shares of Large-cap technology company Adobe moved -3.9 this evening, and are now trading at $542.21 per share. On the other hand, the average analyst target price for the stock is $577.67.
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide.
Potential Adobe Investors Should Analyze the Following:
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Adobe has moved 47.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.55. A number between 0 and 1 could mean that the market is undervaluing Adobe's estimated growth potential
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Its Price to Book (P/B) ratio is 16.66
Understanding Adobe's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-01-17 | 17,606,000 | -9,343,000 | 35 | -5.41 |
| 2022-01-21 | 15,785,000 | -8,118,000 | 37 | 12.12 |
| 2021-01-15 | 12,868,000 | -6,909,000 | 33 | 17.86 |
| 2020-01-21 | 11,171,000 | -6,230,000 | 28 | -9.68 |
| 2019-01-25 | 9,030,000 | -4,995,000 | 31 | 3.33 |
| 2018-01-22 | 7,301,505 | -4,122,919 | 30 |
Adobe's operating margins have averaged 32.3% over the last 6 years, which is significantly higher than the Software industry average of 21.81%. The firm's margins exhibit a relatively stable growth trend of 2.4%.
