In related news, CFO Deborah Clifford sold 1,557 shares of the business’s stock in a transaction that occurred on Thursday, March 9th. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued. This repurchase authorization allows the software company to repurchase up to 11.9% of its shares through open market purchases. As a group, equities analysts expect that Autodesk will post 4.5 EPS for the current fiscal year.Īutodesk declared that its board has approved a share buyback program on Tuesday, November 22nd that allows the company to repurchase $5.00 billion in outstanding shares. Autodesk’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the company earned $0.98 EPS. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.31 billion. Autodesk had a return on equity of 105.43% and a net margin of 16.44%. The software company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.81 by $0.05. Get Autodesk alerts:Īutodesk ( NASDAQ:ADSK – Get Rating) last released its quarterly earnings data on Thursday, February 23rd. Based on data from, the company has an average rating of “Moderate Buy” and a consensus price target of $232.40.

Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the stock. Finally, Stifel Nicolaus raised their target price on Autodesk from $220.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, February 21st. Credit Suisse Group dropped their target price on Autodesk from $325.00 to $250.00 and set an “outperform” rating on the stock in a research report on Monday, February 27th. Piper Sandler lifted their price objective on Autodesk from $236.00 to $244.00 and gave the stock an “overweight” rating in a report on Friday, February 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $235.00 price objective on shares of Autodesk in a report on Thursday, February 23rd. Mizuho lifted their price objective on Autodesk from $200.00 to $220.00 and gave the stock a “neutral” rating in a report on Wednesday, February 15th. Other equities research analysts also recently issued reports about the company. The brokerage set a “buy” rating on the software company’s stock. started coverage on shares of Autodesk ( NASDAQ:ADSK – Get Rating) in a report issued on Thursday.

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