Previous Close | 176.90 |
Open | 179.96 |
Bid | 176.93 x 800 |
Ask | 177.19 x 800 |
Day's Range | 175.30 - 180.98 |
52 Week Range | 163.20 - 344.39 |
Volume | |
Avg. Volume | 1,858,281 |
Market Cap | 38.507B |
Beta (5Y Monthly) | 1.43 |
PE Ratio (TTM) | 79.48 |
EPS (TTM) | 2.23 |
Earnings Date | Aug 23, 2022 - Aug 29, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Mar 22, 2005 |
1y Target Est | 249.94 |
The move comes in a weak month for industrial software companies, with the market rife with worries over rising interest rates' impact on economic growth. Slowing growth is an issue for Autodesk because it makes software for the design-and-build (architecture, engineering, and construction) and design-and-make (manufacturing) end markets. The market speculating that economic growth will slow doesn't mean it will necessarily happen.
The first half of the year has been brutal for investors. But now is the time to buy high-quality businesses if you have some cash available.
In the latest trading session, Autodesk (ADSK) closed at $173.86, marking a +1.1% move from the previous day.