ADBE Stock: Adobe Systems Incorporated Analysts See $0.96 EPS


Investors sentiment increased to 1.1 in 2017 Q2. Its up 0.10, from 1 in 2017Q1. It increased, as 49 investors sold Adobe Systems Incorporated shares while 326 reduced holdings. 117 funds opened positions while 294 raised stakes. 418.45 million shares or 0.88% less from 422.18 million shares in 2017Q1 were reported.

Weatherly Asset Mngmt Ltd Partnership has invested 2.06% in Adobe Systems Incorporated (NASDAQ:ADBE). The Connecticut-based Essex Svcs has invested 0.26% in Adobe Systems Incorporated (NASDAQ:ADBE). Wells Fargo Mn reported 2.90 million shares stake. Natl Bank Of Ny Mellon has invested 0.54% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Dixon Hubard Feinour Brown Va reported 35,060 shares. Breton Hill Cap owns 4,925 shares for 0.13% of their portfolio. New York-based Cibc Markets has invested 0.31% in Adobe Systems Incorporated (NASDAQ:ADBE). Hightower Advisors Limited Liability Com invested in 0.11% or 87,764 shares. Amer Natl Registered Invest Advisor Inc holds 8,325 shares. Capital Fin Advisers Lc holds 0.04% in Adobe Systems Incorporated (NASDAQ:ADBE) or 32,864 shares. State Board Of Administration Of Florida Retirement System holds 0.29% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 728,147 shares. Harding Loevner Lp has 0% invested in Adobe Systems Incorporated (NASDAQ:ADBE). Martingale Asset L P has invested 0.59% in Adobe Systems Incorporated (NASDAQ:ADBE). Preferred Lc, Maryland-based fund reported 329 shares. Cap has invested 0.1% in Adobe Systems Incorporated (NASDAQ:ADBE).

Since June 14, 2017, it had 0 buys, and 1 sale for $311,035 activity.

Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on December, 21. They expect $0.96 earnings per share, up 15.66 % or $0.13 from last year’s $0.83 per share. ADBE’s profit will be $477.24M for 48.04 P/E if the $0.96 EPS becomes a reality. After $0.90 actual earnings per share reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 6.67 % EPS growth. The stock increased 0.85% or $1.56 on November 24, reaching $184.46. About 662,988 shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since November 25, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.

Adobe Systems Incorporated (NASDAQ:ADBE) Ratings Coverage

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 30 have Buy rating, 0 Sell and 8 Hold. Therefore 79% are positive. Adobe Systems had 125 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Monday, September 25 by BMO Capital Markets. Cowen & Co maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Thursday, October 19. Cowen & Co has “Buy” rating and $185.0 target. The rating was downgraded by Deutsche Bank to “Hold” on Monday, October 16. The firm has “Hold” rating by S&P Research given on Monday, September 21. The firm has “Buy” rating given on Tuesday, December 8 by Deutsche Bank. RBC Capital Markets maintained Adobe Systems Incorporated (NASDAQ:ADBE) rating on Sunday, July 30. RBC Capital Markets has “Buy” rating and $15700 target. RBC Capital Markets maintained the shares of ADBE in report on Friday, March 18 with “Outperform” rating. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has “Buy” rating given on Wednesday, June 22 by Rosenblatt. Canaccord Genuity initiated it with “Buy” rating and $110 target in Thursday, March 31 report. RBC Capital Markets upgraded Adobe Systems Incorporated (NASDAQ:ADBE) on Tuesday, August 11 to “Sector Perform” rating.

Adobe Systems Incorporated is a software company. The company has market cap of $91.70 billion. The Firm offers services and products used by professionals, marketers, knowledge workers, application developers, enterprises and clients for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences. It has a 58.03 P/E ratio. It operates through three divisions: Digital Media, Digital Marketing, and Print and Publishing.

More important recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: which released: “Why You Should Buy Adobe Systems Incorporated Stock” on November 10, 2017, also published article titled: “Trade of the Day: Adobe Systems Incorporated (ADBE)”, published: “Watch Adobe Systems Incorporated (ADBE) Stock Enter the AI Game in a Big Way” on October 30, 2017. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) was released by: and their article: “Why Adobe Systems Incorporated Stock Is up and Still Going Strong” with publication date: November 17, 2017.


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