Earnings Forecast Research on Adobe Systems Incorporated (ADBE)

Adobe Systems Incorporated has received $0.72 as the consensus Earnings Estimate for the Quarter ending on Feb 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.71 while the top line estimate is $0.72 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 37.82%.

Adobe Systems Incorporated reported better than expected with a surprise EPS of 15.28% or $0.11 during its most recent quarterly earnings. The Actual EPS was $0.83 compared to the Estimated EPS of $0.72. San Jose based Adobe Systems Incorporated Last reported the Quarter results on Nov 30, 2016 and the Next earnings date is scheduled to be released on Mar 16, 2017.

Adobe Systems Incorporated has a Price to Earnings ratio of 45.53 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.62. For the Most Recent Fiscal Year, Adobe Systems Incorporated has a price to cash ratio of 35.41. For the Trailing twelve month period, company showed a Net Profit Margin of 19.96% and Return on Equity of the stock is 17.23%.

In the last quarter, Adobe Systems Incorporated reported Annual Earnings of $0.83. Based on the filings, last years Annual Earnings was, $2.51. In the last Quarter, ADBE reported a surprise Earnings per Share of 15.28% . The consensus estimate for current quarter is $0.72 and for the current fiscal year, the estimate is $3.06. For the Next fiscal year, the estimate is $4.09 based on the consensus.

Adobe Systems Incorporated (NASDAQ:ADBE) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.44 points or 0.39% at $113.38 with 1,716,649 shares getting traded. Post opening the session at $113.22, the shares hit an intraday low of $112.695 and an intraday high of $113.75 and the price was in this range throughout the day. The company has a market cap of $56,019 million and the number of outstanding shares has been calculated to be 494,078,480 shares. The 52-week high of Adobe Systems Incorporated (NASDAQ:ADBE) is $114.57 and the 52-week low is $71.27.

Adobe Systems Incorporated is a provider of graphic design, publishing, and imaging software for Web and print production. It offers a market-leading line of application software products for creating, distributing, and managing information of all types. The company license its industry-standard technologies to major hardware manufacturers, software developers, and service providers, and offer integrated software solutions to businesses of all sizes.


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