Analysts expect revenue increase Adobe

Tomorrow the American Adobe will report its past quarters results. Over the current book year the total revenue will be 11,15 billion USD (consensus estimates). This is quite more than 2018's revenue of 9,03 billion USD.

Historical revenues and results Adobe plus estimates 2019

financial analysis

The analysts expect for 2019 a net profit of 3,86 billion USD. The majority of the analysts expects for this year a profit per share of 7,84 USD. So the price/earnings-ratio equals 38,8.

For this year analysts don't expect the company to pay a dividend. The average dividend yield of the software & services companies equals a limited 1 percent.

Latest estimates around 324 USD

The most recent recommendations for the software & services company are from JP Morgan, Jefferies & Co. and BMO Capital Markets.

Based on the current number of shares Adobe's market capitalization equals 149,43 billion USD. The Adobe stock was the past 12 months quite unstable. Since last December the stock is even 24 percent higher. This year the stock price moved between 205 and 313 dollar.

Historical stock prices Adobe

financial analysis adobe

Click here for dividend . On Monday the stock closed at 304,17 USD. Nieuwsdienst: +31 084-0032-842

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