Adobe Systems (ADBE) Scheduled to Post Quarterly Earnings on Thursday

ADBE's profit would be $473.22 million giving it 45.19 P/E if the $0.96 EPS is correct. Adobe Systems Incorporated has a 52 week low of $100.71 and a 52 week high of $186.27. Howe & Rusling invested in 40,143 shares or 1.15% of the stock. About 2.28M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 42.29% since December 7, 2016 and is uptrending. It has outperformed by 25.59% the S&P500.

Connors Investor Services Inc decreased Adobe Systems (ADBE) stake by 51.05% reported in 2017Q2 SEC filing. Genesee Valley accumulated 16,384 shares or 0.98% of the stock. Parkside Financial Bank & Trust increased its position in Adobe Systems by 170.3% during the 3rd quarter. The stock increased 2.74% or $4.59 during the last trading session, reaching $172.13. About 2.26M shares traded. Revance Therapeutics, Inc. (NDAQ:RVNC) has risen 20.40% since December 6, 2016 and is uptrending. It has underperformed by 11.43% the S&P500. Medtronic had 74 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Pivotal Research on Monday, June 12 to "Sell". The rating was maintained by Citigroup with "Buy" on Wednesday, September 21. The stock has "Outperform" rating by William Blair on Thursday, July 6. The company was maintained on Tuesday, August 22 by Canaccord Genuity. The firm has "Hold" rating by Northland Capital given on Friday, April 21.

Investors sentiment increased to 1.96 in Q2 2017. Its up 0.10, from 1 in 2017Q1. Motco reported 392 shares. Manning & Napier Limited Liability Corp reported 204,515 shares.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 1.9 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. (NASDAQ:RVNC). Deutsche Savings Bank Ag reported 117,140 shares or 0% of all its holdings. Breton Hill Cap holds 4,925 shares or 0.13% of its portfolio. Columbia Prns L L C Investment Management holds 0.75% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE) for 41,338 shares. Shelter Mutual Ins Company invested 2.99% in Medtronic plc (NYSE:MDT). California Pub Employees Retirement System holds 1.06M shares. The Umb Bank N A holds 124,563 shares with $21.45 million value, up from 122,309 last quarter. Da Davidson And stated it has 84,553 shares. Mairs & Power Inc sold 51,835 shares as Gentherm Inc (THRM)'s stock rose 1.82%. Hendley owns 27,925 shares. Apple Inc (NASDAQ:AAPL) was reduced too.

FMR LLC raised its stake in Adobe Systems Incorporated (NASDAQ:ADBE) by 1.33% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The software company reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.09.

Adobe Systems (NASDAQ:ADBE) is set to issue its quarterly earnings data after the market closes on Thursday, December 14th.

Hedge funds and other institutional investors have recently made changes to their positions in the business.

Adobe Systems Incorporated (ADBE) closed its previous trading session at $167.54 with the loss of -0.53%. 247,814 are held by Aperio Gru. Renaissance Gru Limited Com holds 1.06% or 203,424 shares in its portfolio. During the same period past year, the business posted $0.75 EPS. Adobe Systems comprises about 2.4% of Findlay Park Partners LLP's portfolio, making the stock its 15th largest position. Art Advsr Limited Co accumulated 11,700 shares. Vigilant Cap Management Lc reported 0.01% in Adobe Systems Incorporated (NASDAQ:ADBE).

In other Adobe Systems news, EVP Ann Lewnes sold 1,953 shares of the company's stock in a transaction dated Wednesday, September 13th. It also reduced its holding in Sound Finl Bancorp Inc (NASDAQ:SFBC) by 29,100 shares in the quarter, leaving it with 44,218 shares, and cut its stake in Eagle Bancorp Mont Inc (NASDAQ:EBMT). BLACKROCK INC. owned.38% of Adobe Systems Incorporated (ADBE) worth $5.82 billion at the end of the most recent reporting period.

Driving interest in Adobe Systems Incorporated (ADBE) is a number of factors, including perhaps, a steady decrease of the profile of the company as insider activity takes center stage. FMR LLC now owns 33,995,506 shares of the software company's stock worth $4,423,835,000 after buying an additional 139,986 shares in the last quarter. Over the last three months, insiders sold 14,849 shares of company stock valued at $2,519,679.

Price-to-free-cash-flow (P/FCF) of 31.97 gives an overview of the equity valuation for Adobe Systems Incorporated. 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 54.49 P/E ratio. Finally, Robert W. Baird reissued a "buy" rating and set a $160.00 price target on shares of Adobe Systems in a research report on Friday, September 1st. Therefore 79% are positive. As per Thursday, October 19, the company rating was maintained by BMO Capital Markets. Argus Research maintained it with "Buy" rating and $110 target in Monday, December 14 report.

The stock of Adobe Systems Incorporated (NASDAQ:ADBE) is a huge mover today! The stock has "Buy" rating by Piper Jaffray on Sunday, August 6. Cowen and Company reiterated an "outperform" rating and set a $145.00 price objective (up previously from $140.00) on shares of Adobe Systems in a research report on Friday, March 17th.

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