EPS for Adobe Systems Incorporated (ADBE) Expected At $0.96

Share

The Fiera Capital Corp holds 402,028 shares with $15.62M value, down from 440,612 last quarter. Bank of Stockton grew its position in Adobe Systems by 0.4% in the second quarter. The stock decreased 0.97% or $1.75 during the last trading session, reaching $179.72. Perigon Wealth Management LLC grew its position in Adobe Systems by 0.4% in the first quarter. It has outperformed by 25.59% the S&P500. The software company reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.09. Insiders own 0.38% of the company's stock. The stock increased 2.51% or $0.0499 during the last trading session, reaching $2.0399. About 3.81 million shares traded or 62.85% up from the average. Insight Rech & Mngmt stated it has 2.06% in Adobe Systems Incorporated (NASDAQ:ADBE). It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 1.72 in 2017 Q2. Its up 0.10, from 1 in 2017Q1. (NASDAQ:SCYX). Asset holds 0.1% or 307,630 shares in its portfolio. Scout Investments Incorporated has invested 0.07% in Entegris, Inc. The institutional investor held 2.05M shares of the consumer non-durables company at the end of 2017Q2, valued at $44.93 million, down from 2.36 million at the end of the previous reported quarter. (NASDAQ:SCYX). Bridgeway Mngmt holds 0% in SCYNEXIS, Inc. Manufacturers Life Ins The stated it has 0.01% in Cinemark Holdings, Inc. It also upped Colliers Intl Group Inc stake by 83,100 shares and now owns 276,941 shares. Parkwood Ltd Liability holds 0.07% or 3,393 shares in its portfolio. Following the completion of the transaction, the executive vice president now directly owns 52,450 shares of the company's stock, valued at $9,503,415.50. (NASDAQ:SCYX). Fmr Llc owns 932,173 shares. Finally, Polen Capital Management LLC boosted its position in Adobe Systems by 8.4% in the fourth quarter. Federated Investors Inc Pa has 41,748 shares for 0% of their portfolio.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. The company has market cap of $88.46 billion. It operates in two divisions, Seeds and Genomics, and Agricultural Productivity. It has a 56.41 P/E ratio. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Channel, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands. The stock of Adobe Systems Incorporated (NASDAQ:ADBE) has "Buy" rating given on Friday, December 11 by Pivotal Research. Therefore 86% are positive. Rio Tinto had 47 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Friday, June 16 by Citigroup. The firm earned "Buy" rating on Thursday, October 19 by Credit Suisse. The rating was maintained by RBC Capital Markets on Friday, December 11 with "Outperform". The rating was initiated by Guggenheim on Wednesday, August 17 with "Buy". The stock of Monsanto Company (NYSE:MON) has "Mixed" rating given on Friday, November 18 by OTR Global. BMO Capital Markets has "Buy" rating and $165.0 target. JP Morgan maintained it with "Overweight" rating and $95 target in Wednesday, October 7 report. The rating was maintained by RBC Capital Markets with "Hold" on Monday, August 7. The rating was maintained by Wunderlich on Thursday, November 3 with "Hold". Deutsche Bank maintained the shares of ADBE in report on Wednesday, March 23 with "Buy" rating. The firm earned "Buy" rating on Thursday, August 31 by Robert W. Baird. About 1.32M shares traded.

Since June 14, 2017, it had 0 buys, and 1 insider sale for $311,035 activity. The shares were sold at an average price of $155.88, for a total value of $304,433.64. Therefore 76% are positive. BidaskClub raised Adobe Systems from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, August 16th. The firm has "Buy" rating by Topeka Capital Markets given on Wednesday, February 24. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) was released by: Investorplace.com and their article: "You'll Have to Pay Up for Adobe Systems Incorporated" with publication date: November 29, 2017. The company was maintained on Wednesday, September 21 by Credit Suisse. They set a buy rating and a $195.00 price objective for the company.

Windward Capital Management Company increased Blackrock Inc (BLK) stake by 1.83% reported in 2017Q2 SEC filing. Its up 0.10, from 1 in 2017Q1.


FDO Partners LLC bought a new stake in shares of Adobe Systems Incorporated (NASDAQ:ADBE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Finally, BMO Capital Markets reaffirmed an outperform rating on shares of Adobe Systems in a research report on Tuesday, September 12th. Oakworth owns 231 shares. Benjamin F Edwards Com invested in 0.05% or 2,461 shares.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Amp Invsts Limited invested 0.31% in Adobe Systems Incorporated (NASDAQ:ADBE). Bb&T Secs Ltd Llc reported 20,123 shares stake. Howard Hughes Medical Institute owns 251 shares. Eqis Capital Management stated it has 1,878 shares.

In related news, EVP Matthew Thompson sold 2,190 shares of Adobe Systems stock in a transaction on Monday, October 23rd. 3,330 are held by Beech Hill Advsr Inc. Sigma Planning invested 0.02% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). 30,700 are owned by Louisiana State Employees Retirement Systems.

Adobe Systems (NASDAQ:ADBE) last issued its quarterly earnings data on Thursday, March 16th. Coastline Communications owns 38,820 shares for 1% of their portfolio. ADBE's profit will be $473.22M for 46.75 P/E if the $0.96 EPS becomes a reality. After $0.40 actual EPS reported by Entegris, Inc. for the previous quarter, Wall Street now forecasts -7.50% negative EPS growth.

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.

Share