Shares of Large-cap technology company Adobe moved 2.1 this afternoon, and are now trading at $527.2 per share. On the other hand, the average analyst target price for the stock is $604.07.
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide.
Adobe Investors Should Consider This:
-
Adobe has moved 83.0% over the last year.
-
The company has a price to earnings growth (PEG) ratio of 2.21. A number between 0 and 1 could mean that the market is undervaluing Adobe's estimated growth potential
-
Its Price to Book (P/B) ratio is 15.24
Understanding Adobe's Operating Margins
Date Reported | Total Revenue ($ 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%.