Investors Buy Adobe Systems Incorporated (ADBE) on Weakness

Adobe Systems

PTC Therapeutics, Inc. (NASDAQ:PTCT) has risen 104.51% since October 6, 2016 and is uptrending.

South State Corp decreased Kroger (NYSE:KR) stake by 29,070 shares to 22,066 valued at $515,000 in 2017Q2. It also upped Palo Alto Networks Inc (Call) (NYSE:PANW) stake by 10,000 shares and now owns 20,000 shares. Stamps Com Inc (NASDAQ:STMP) was reduced too.

Based on the latest notes released to investors, 13 analysts have issued a rating of "buy", 12 analysts "outperform", 4 analysts "hold", 0 analysts "underperform" and 1 analysts "sell". Tru Com Of Toledo Na Oh accumulated 1,800 shares or 0.07% of the stock. It improved, as 49 investors sold ADBE shares while 326 reduced holdings.

Several equities analysts recently issued reports on ADBE shares. Toronto Dominion Savings Bank accumulated 0.02% or 54,665 shares. The current market cap of Adobe Systems Incorporated exhibits the basic determinant of asset allocation and risk-return parameters for its stocks. Centre Asset Ltd Com accumulated 83,860 shares. Parametric Portfolio Associates LLC now owns 1,356,065 shares of the software company's stock valued at $191,802,000 after purchasing an additional 472,124 shares in the last quarter. 748 are owned by Cwm Ltd Limited Liability Company.

The target payout ratio for Adobe Systems Incorporated is now measuring at 0.00%, outlining what size the company's dividends should be. Axa accumulated 519,061 shares. Morgan Stanley stated it has 576,857 shares. Prescott Cap Management Ltd Com, Oklahoma-based fund reported 1,900 shares.

The P/E of Adobe Systems Incorporated is now valued at 46.54 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes. Twin Capital Mngmt invested in 89,501 shares or 0.75% of the stock. Keybank Association Oh holds 0.02% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 19,628 shares. Arrow Fincl stated it has 1,974 shares or 0.07% of all its holdings.

The share price of Adobe Systems Incorporated (NASDAQ:ADBE) was up +1.55% during the last trading session, with a day high of 150.45. Long Road Investment Counsel Ltd Co holds 7,900 shares or 0.82% of its portfolio.

Since May 10, 2017, it had 0 insider buys, and 2 selling transactions for $614,410 activity. Mulroy Patricia had sold 2,226 shares worth $285,106 on Tuesday, May 16.

Facebook could bid to stream live Premier League matches
Google, Apple, Facebook , Amazon and Netflix are all being touted as possible rivals to Sky and BT Sport. Woodward claimed the tech giants had been interested in the current rights battle, covering 2016-2019.

Katie Lowes and Adam Shapiro welcome newborn son Albee
Jazz, pregnant: Mom proud of her baby bump that rounds! "I 3 Albee ", he wrote. "We're happy and healthy!" Olivia Pope & Associates have a brand new gladiator.

Trump Puerto Rico response called 'horribly racist' by John Oliver
However, Cruz praised the White House staff and said , "I saw a real connection between the reality and the White House staff". The mayor and Trump met face-to-face for the first time Tuesday, after indirectly exchanging heated words days earlier.

09/20/2017 - Adobe Systems Incorporated had its "buy" rating reiterated by analysts at Jefferies. Therefore 79% are positive. Adobe Systems has a one year low of $98.00 and a one year high of $157.89. Wall Street experts also assign a $164.33 price target on Adobe Systems Incorporated, pointing towards a 9.37% rally from current levels.

This company shares (ADBE) so far managed to recover 53.32% since collapsing to its 52-week low. The stock is a Buy among 6 brokerage firms polled by Factset Research. On Wednesday, September 21 the stock rating was maintained by Goldman Sachs with "Neutral". Royal Bank Of Canada reaffirmed a "buy" rating and issued a $157.00 price target on shares of Adobe Systems in a research report on Monday, July 31st. As per Friday, March 18, the company rating was maintained by Citigroup. The rating was maintained by Needham on Friday, October 9 with "Buy". The stock has "Neutral" rating by Instinet on Friday, January 27. The rating was maintained by RBC Capital Markets with "Buy" on Sunday, September 3.

09/20/2017 - Adobe Systems Incorporated had its "overweight" rating reiterated by analysts at KeyBanc.

Earnings Per Share (EPS) is the earnings made by a company divided by their number of shares. CPE's profit will be $24.24M for 22.90 P/E if the $0.12 EPS becomes a reality.

Adobe Systems Incorporated (ADBE) remained successful in beating the consensus-estimated $1.01 as it actually earned $1.1 per share in its last reported financial results. Retirement Systems Of Alabama holds 0.18% or 239,857 shares in its portfolio. Therefore 84% are positive. Their 52-Week High and Low are noted here. Meanwhile, the average 12-month price target from Wall Street analysts is now 150.25, this means that the stock is underpriced by 1.531%. Callon Petroleum had 70 analyst reports since July 21, 2015 according to SRatingsIntel. Telsey Advisory Group maintained Wynn Resorts, Limited (NASDAQ:WYNN) on Thursday, November 19 with "Market Perform" rating. The stock has "Buy" rating by B. Riley & Co on Thursday, October 22. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, February 8. At the moment, the average analyst rating for ADBE is Moderate Buy. The rating was maintained by FBR Capital on Friday, October 23 with "Outperform". The firm has "Buy" rating given on Tuesday, June 20 by Tudor Pickering. The stock of Microsoft Corporation (NASDAQ:MSFT) has "Outperform" rating given on Tuesday, May 24 by Cowen & Co.

Investors sentiment increased to 1.1 in 2017 Q2.

Since May 1, 2017, it had 0 buys, and 8 insider sales for $1.04 billion activity. It increased, as 30 investors sold WYNN shares while 114 reduced holdings. 108 funds opened positions while 483 raised stakes. 149.22 million shares or 7.19% less from 160.77 million shares in 2017Q1 were reported. Oppenheimer Asset Mgmt owns 33,465 shares. Cwh Mgmt Inc holds 41,483 shares or 1.5% of its portfolio. Ifc Holdg Inc Fl owns 2,251 shares or 0.02% of their United States portfolio. (SKX) stock brought in a $0.13 rise to $24.91. Ranger Invest L P invested 1.24% of its portfolio in Callon Petroleum Company (NYSE:CPE). Stifel Financial Corp holds 0.23% or 438,064 shares. Fmr Ltd has 0% invested in PTC Therapeutics, Inc. Massmutual Trust Fsb Adv holds 15,638 shares. Federated Investors Pa reported 396,896 shares. Ami Asset Mngmt, California-based fund reported 501,311 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related:

  • Here's Why These Two Are Trending: HollyFrontier Corporation (HFC), Yandex NV (YNDX)

    Here's Why These Two Are Trending: HollyFrontier Corporation (HFC), Yandex NV (YNDX)

    Finally, S&T Bank PA increased its stake in shares of HollyFrontier Corporation by 3.4% during the second quarter. Bnp Paribas Arbitrage Sa sold 34,189 shares as the company's stock declined 11.80% while stock markets rallied.

    Apple investigating reports of iPhone 8 Plus battery swelling

    However, what's important to remember is that one of last year's champions is about to make a return in the Pixel 2. When it comes to video performance, the Galaxy Note8 isn't as impressive as the iPhone 8 Plus or even the HTC U11.

    International Business Machines Corporation (IBM): What's the Story?

    The rating was maintained by Deutsche Bank on Wednesday, January 20 with "Hold". (NYSE: IBM ) rating on Tuesday, August 15. For IBM , the company now has $11.7 Billion of cash on the books, which is offset by $8.06 Billion current liabilities.
  • Japanese Company Confirms Employee Died of Overwork After 159 Overtime Hours

    Japanese Company Confirms Employee Died of Overwork After 159 Overtime Hours

    Prior to her death, Sado was covering Tokyo assembly elections, as well as an upper-house vote for the national parliament. Japan Prime Minister Shinzo Abe addressed the situation by placing a legal limit on overtime hours to only 100 per month.
    Las Vegas Mass Shooter Reportedly Booked Hotel Rooms During Lollapalooza

    Las Vegas Mass Shooter Reportedly Booked Hotel Rooms During Lollapalooza

    The hotel spokeswoman, Emmy Carragher, said in the emailed statement that the hotel "is cooperating with the authorities". He killed 58 and injured more than 500 before committing suicide.
    Hammer time in Japan for defiant Hamilton

    Hammer time in Japan for defiant Hamilton

    In the morning it was Vettel who would clock the fastest time in his Ferrari to draw first blood in his duel with Hamilton. His time of 1:29.166 was nearly 20 seconds quicker than Hamilton's wet run.
  • 'Turkey will close Iraq border, air space soon'

    'Turkey will close Iraq border, air space soon'

    Macron is now the only global leader working to reshape the geopolitical situation in Iraq as the Islamic State is dissolving. After graduating from law school in 1959, he was called to serve in the Iraqi army where he commanded a tank unit.
    The NRA Has Broken Its Silence on the Sale of Bump Stocks

    The NRA Has Broken Its Silence on the Sale of Bump Stocks

    The government gave its seal of approval to selling the devices in 2010 after concluding that they did not violate federal law. "Unfortunately, the first response from some politicians has been to call for more gun control ", the statement reads.
    Galaxy Note 8 Camera Rated For Best Zoom Of Any Smartphone

    Galaxy Note 8 Camera Rated For Best Zoom Of Any Smartphone

    The iPhone 8 Plus outdoor photography quality was a standout, with improved capture of HDR scenes, and exposure calculation. Technology giant Google unveiled the latest versions of its flagship Pixel smartphone at a mega launch event on Wednesday.
  • Analyst Research and Recommendations: Glu Mobile Inc

    Quantitative Investment Management LLC purchased a new position in shares of Glu Mobile in the 2nd quarter valued at $1,721,000. For the past 5 years, the company's revenue has grown 0%, while the company's earnings per share has grown -73.48%.
    Denmark becomes latest European nation to ban niqab, burka

    Denmark becomes latest European nation to ban niqab, burka

    Norway's government in June proposed a ban on face-covering Muslim veils in kindergartens, schools and universities. In 2012, a Belgian court refused to overturn the ban, saying that it did not violate human rights.
    Gun control once again at forefront of discussion following Las Vegas tragedy

    Gun control once again at forefront of discussion following Las Vegas tragedy

    Paddock appeared to have heavily premeditated the attack, transforming his 32nd-floor hotel room in a sniper's nest. He added that the event complies with all California gun laws, which are some of the strictest in the nation.

Comments

Latest news

Apple Is Investigating Battery Swelling in iPhone 8 Plus
However, it is largely believed that the core Apple fans are anxiously waiting for the iPhone X, which will be out next month. Plus, the bloating issue doesn't appear to be putting anyone at risk, as the batteries are simply expanding and not exploding.

Gun Store Owner Speaks out About Selling Firearms to Las Vegas Shooter
One of the first laws Trump signed permitted 75,000 people deemed too mentally ill to manage their financial affairs to buy guns. Paddock was able to strike concertgoers 500 yards away as he sniped from the 32nd floor of the Mandalay Bay Resort and Casino.

Bizarre! University in Bihar prints Lord Ganesha's image on student's admit card
In a shocking instance, a university in Bihar has put the photo of Lord Ganesha on the admit card of a B.Com student. Bihar, a state situated in the eastern part of India has always managed to remain in the headlines.

GM's fuel cell truck is ready for the next natural disaster
GM announced SURUS on Tuesday as part of its plans to introduce 20 all-electric passenger vehicles by 2023. At least one SURUS configuration includes a cab, but it's meant to be capable of fully autonomous driving.

Bangladesh retain injured Tamim for S. Africa ODIs
Shafiul hasn't played an ODI since October a year ago although he was in Bangladesh's Champions Trophy squad . Having played 26 matches so far in the 50-over format, Mominul hasn't featured in an ODI since February 2015.

FBI Arrested Father Of Las Vegas Shooter In Oregon In 1978
Claire McCaskill of Missouri, the ranking Democrat on the Homeland Security Committee. "He sent his mother cookies", he said. Investigators found him in 1978 after he attracted publicity for opening the state's first licensed bingo parlor.

Most dislike National Football League protests - and Trump comments
A new poll finds that most Americans don't like two things about the controversy over NFL protests during the national anthem. In the same survey, 48 percent approved of his handling of disaster relief in Florida and Texas; just 27 percent disapproved.

Fed's Dudley expects rate hikes; unmoved by inflation, storm effects
Bostic said his economic forecasts do not include any changes to fiscal policy. "At this stage we only have broad outline strokes".

Texas Capital Bancshares, Inc. (TCBI) Earns Buy Rating from SunTrust Banks, Inc
The stock of Texas Capital Bancshares Inc (NASDAQ:TCBI) has "Hold" rating given on Friday, November 11 by Deutsche Bank. People s United Financial Inc. grew its stake in shares of Texas Capital Bancshares by 4.1% during the second quarter.

Ole Miss Officially Changing Mascot To Landshark In 2018
Army veteran - initiated the tradition of defensive players celebrating by putting up a hand in the shape of a shark fin. According to a brief history of the tradition on the school's website, linebacker Tony Fein - a U.S.

Activision Blizzard, Inc (ATVI) Now Covered by Barclays PLC
It improved, as 53 investors sold ATVI shares while 215 reduced holdings. 98 funds opened positions while 210 raised stakes. Moreover, Stack Fin Management Incorporated has 1.53% invested in The Coca-Cola Co (NYSE:KO) for 328,050 shares.

Vettel lays down early marker for Japan Formula One GP
Mercedes driver Lewis Hamilton can widen his lead when Formula One wraps up its Asian leg at the Japanese Grand Prix on Sunday. Hamilton had decided against racing the team's latest update package at Sepang, as he felt more comfortable with the old aero.

Omnicom Group Inc. (NYSE:OMC) Valuation According To Analysts
The Illinois-based Martin Investment Management Llc has invested 3.27% in the stock. (NYSE:OMC) rating on Wednesday, April 12. A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business.

Vishay Intertechnology, Inc. (NYSE:VSH) Growth Estimates in Focus
It increased, as 14 investors sold VSH shares while 80 reduced holdings. 20 funds opened positions while 67 raised stakes. Savings Bank Of Montreal Can has invested 0.01% of its portfolio in Vishay Intertechnology (NYSE: VSH ). (NASDAQ:NNBR).

" "Cantor Fitzgerald Reiterates "$52.00" Price Target for Mallinckrodt PLC (MNK)
It turned negative, as 37 investors sold NUVA shares while 82 reduced holdings. 37 funds opened positions while 96 raised stakes. The company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.12.

Other news