Adobe Systems Incorporated operates as a diversified software firm worldwide. The company has market cap of $91.21 billion. The Company’s Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. It has a 54.75 P/E ratio. This segmentÂ’s flagship product is Creative Cloud, a subscription service that allows clients to download and install the latest versions of its creative products.
In analysts note sent to clients and investors on Monday morning, Eland Oil Gas PLC (LON:ELA) stock “Buy” was restate by Analysts at Peel Hunt. They currently have a GBX 120.00 PT on the stock. Peel Hunt’s PT would indicate a potential upside of 59.36% from the company’s last stock close.
Since January 1, 0001, it had 1 buying transaction, and 6 insider sales for $2.59 million activity.
Analysts await Adobe Systems Incorporated (NASDAQ:ADBE) to report earnings on March, 15. They expect $1.06 EPS, up 35.90% or $0.28 from last year’s $0.78 per share. ADBE’s profit will be $522.52 million for 43.64 P/E if the $1.06 EPS becomes a reality. After $1.05 actual EPS reported by Adobe Systems Incorporated for the previous quarter, Wall Street now forecasts 0.95% EPS growth.
The stock decreased 0.16% or $0.3 during the last trading session, reaching $185.04. About 2.09M shares traded. Adobe Systems Incorporated (ADBE) has risen 42.29% since January 9, 2017 and is uptrending. It has outperformed by 25.59% the S&P500.
Family Capital Trust Co holds 37.26% of its portfolio in Adobe Systems Incorporated for 494,348 shares. Suvretta Capital Management Llc owns 2.52 million shares or 10.61% of their US portfolio. Moreover, Polen Capital Management Llc has 7.55% invested in the company for 6.29 million shares. The New York-based Fic Capital Inc has invested 7.36% in the stock. Tiger Management L.L.C., a New York-based fund reported 225,800 shares.
Ratings analysis reveals 71% of Adobe Systems’s analysts are positive. Out of 7 Wall Street analysts rating Adobe Systems, 5 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $115.0 while the high is $150.0. The stock’s average target of $126.20 is -31.80% below today’s ($185.04) share price. ADBE was included in 7 notes of analysts from September 21, 2016. As per Thursday, November 3, the company rating was maintained by Wunderlich. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned “Outperform” rating by BMO Capital Markets on Thursday, January 5. The firm has “Buy” rating by Guggenheim given on Thursday, April 13. Stifel Nicolaus initiated Adobe Systems Incorporated (NASDAQ:ADBE) on Wednesday, April 12 with “Buy” rating. The firm earned “Market Perform” rating on Wednesday, January 11 by Wells Fargo. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, September 21. The rating was maintained by Pivotal Research with “Buy” on Wednesday, September 21.
The stock increased 0.62% or GBX 0.4679 during the last trading session, reaching GBX 75.4679. About 43,831 shares traded. Eland Oil & Gas PLC (LON:ELA) has 0.00% since January 9, 2017 and is . It has underperformed by 16.70% the S&P500.
Eland Oil & Gas PLC, together with its subsidiaries, engages in development, exploration, and production of gas and oil properties in West Africa. The company has market cap of 166.15 million GBP. The firm primarily holds interests in the OML 40 license, which covers an area of 498 square kilometers located in the Niger Delta; and 40% interest in the Ubima field that covers an area of 65 square kilometers located in the northern part of Rivers State. It has a 10.63 P/E ratio. It also provides financing services.