Adobe strong outperformer in American software sector

In the recent years Adobe was very succesful for investors. Because of the massive return over the past 5 years of 338 percent the share belongs to the top of the software & services companies. The average stock of the sector yielded the past 5 years a gain of 217 percent.

Momentum software sector

stock analysis The sector trades now at 25 times the earnings per share. The sector trades at 6,35 times the book value per share. Since 2012 the sector has a profit of 217 percent and since 2007 a profit of 292 percent.

Over the current book year the total revenue will be 11,17 billion USD (consensus estimates). This is quite more than 2017's revenue of 9,03 billion USD.

Historical revenues and results Adobe plus estimates 2019

stock analysis

The analysts expect for 2019 a net profit of 3,86 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 7,82 USD. So the price/earnings-ratio equals 36,04.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the software & services companies is a limited 0,5 percent.

Recent target prices around 310 USD

The latest 3 recommendations for the software & services company were provided by Morgan Stanley, Canacord Adams and RBC Capital Markets.

Adobe's market capitalization is based on the number of outstanding shares around 138,45 billion USD. The Adobe stock was the past 12 months quite volatile. Since last May the stock is 16 percent higher. This year the stock price moved between 205 and 292 dollar.

Historical stock prices Adobe

stock analysis adobe

On Monday the stock closed at 281,82 USD.

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