Navigating Adobe – A Guide to Essential Stock Trading Principles

By Emilio Sanchez • Thursday, October 16 15:19 • Permanent Link

Adobe logged a -0.6% change during today's afternoon session, and is now trading at a price of $328.75 per share. The S&P 500 index moved -1.0%. ADBE's trading volume is 2,872,463 compared to the stock's average volume of 4,234,264.

Adobe trades -27.62% away from its average analyst target price of $454.18 per share. The 35 analysts following the stock have set target prices ranging from $280.0 to $605.0, and on average have given Adobe a rating of buy.

Anyone interested in buying ADBE should be aware of the facts below:

Adobe's current price is 252.0% above its Graham number of $93.4, which implies that at its current valuation it does not offer a margin of safety
Adobe has moved -33.5% over the last year, and the S&P 500 logged a change of 14.2%
Based on its trailing earnings per share of 16.04, Adobe has a trailing 12 month Price to Earnings (P/E) ratio of 20.5 while the S&P 500 average is 29.3
ADBE has a forward P/E ratio of 16.0 based on its forward 12 month price to earnings (EPS) of $20.55 per share
Its Price to Book (P/B) ratio is 11.73 compared to its sector average of 4.19
Adobe Inc. operates as a technology company worldwide.
Based in San Jose, the company has 30,709 full time employees and a market cap of $137.61 Billion.

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.