Autodesk Stock Drops 2.55% as Analysts Forecast 14.85% Q4 EPS Growth
Autodesk shares fell 2.55% to $225.32, lagging the S&P 500’s 0.1% gain and down nearly 13% over the past month versus a 4.05% sector decline. Analysts forecast Q4 EPS of $2.63 (up 14.85%) on $1.91 billion revenue (+16.52%), with full-year EPS at $10.21 (+20.54%).
1. Stock Performance
Autodesk closed at $225.32, down 2.55% from the prior session, underperforming the S&P 500’s 0.1% gain, the Dow’s 0.07% rise and the Nasdaq’s 0.14% advance. Over the past month, shares have declined 12.97%, compared with a 4.05% drop in the Computer and Technology sector and a 1.43% fall in the S&P 500.
2. Earnings Projections
The company is set to report Q4 results on February 26, with analysts expecting EPS of $2.63, representing 14.85% year-over-year growth, and revenue of $1.91 billion, up 16.52%. Full-year consensus forecasts call for EPS of $10.21 (up 20.54%) and net sales of $7.16 billion (up 16.76%).
3. Valuation Metrics
Autodesk trades at a forward P/E of 20.15, a premium to the Internet-Software industry average of 19.23. The company’s PEG ratio stands at 1.18, slightly above the industry average of 1.14.
4. Analyst Rankings
Consensus EPS estimates have moved 0.1% lower in the past month, reflecting modest downward revisions. Autodesk holds a Zacks Rank of #3 (Hold), indicating a neutral stance based on recent estimate changes.