Here Are the Facts You Need to Understand ADBE

By Emilio Sanchez • Thursday, December 14 18:26 • Permanent Link

Adobe sank -6.3% today, compared to the S&P 500's day change of 0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

Adobe has moved 89.9% over the last year, and the S&P 500 logged a change of 20.8%
ADBE has an average analyst rating of buy and is 0.82% away from its mean target price of $579.86 per share
Its trailing earnings per share (EPS) is $11.8
Adobe has a trailing 12 month Price to Earnings (P/E) ratio of 49.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $18.92 and its forward P/E ratio is 30.9
The company has a Price to Book (P/B) ratio of 16.1 in contrast to the S&P 500's average ratio of 2.95
Adobe is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92
ADBE has reported YOY quarterly earnings growth of 27.8% and gross profit margins of 0.9%
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform. Its flagship product is Creative Cloud, a subscription service that allows members to access its creative products. This segment serves content creators, students, workers, marketers, educators, enthusiasts, communicators, and consumers. The Digital Experience segment provides an integrated platform and set of applications and services that enable brands and businesses to create, manage, execute, measure, monetize, and optimize customer experiences from analytics to commerce. This segment serves marketers, advertisers, agencies, publishers, merchandisers, merchants, web analysts, data scientists, developers, and executives across the C-suite. The Publishing and Advertising segment offers products and services, such as e-learning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing, as well as Advertising Cloud offerings. The company offers its products and services directly to enterprise customers through its sales force and local field offices, as well as to end users through app stores and through its website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, software vendors and developers, retailers, and original equipment manufacturers. The company was formerly known as Adobe Systems Incorporated and changed its name to Adobe Inc. in October 2018. Adobe Inc. was founded in 1982 and is headquartered in San Jose, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.