Autodesk builds out water infrastructure solutions with $1 billion Innovyze acquisition

  • Autodesk (NASDAQ:ADSK) signs a definitive agreement to acquire water infrastructure software company Innovyze for $1 billion net of cash subject to working capital and tax closing adjustments.
  • The acquisition positions Autodesk as a leader in end-to-end water infrastructure solutions from design to operations and accelerates the company's digital twin strategy.
  • "Combining Innovyze's portfolio with the power of Autodesk 's design and analysis solutions, including Autodesk Civil 3D, Autodesk InfraWorks, and the Autodesk Construction Cloud, offers civil engineers, water utility companies and water experts the ability to better respond to issues and to improve planning," says Autodesk .
  • The transaction is expected to close during Autodesk 's fiscal Q1, which ends on April 30.

    Expectations Autodesk

    Over the current book year the total revenue from the company in San Rafael California will be 4.3 billion USD (consensus estimates). This is quite more than 2020's revenue of 3.79 billion USD.

    Historical revenues and results Autodesk plus estimates 2020

    aandelenanalyses

    The analysts expect for 2021 a net profit of 1.13 billion USD. According to most of the analysts the company will have a profit per share for this book year of 5.09 USD. With this the price/earnings-ratio is an extreme 54.22.

    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.

    Based on the current number of outstanding shares Autodesk 's market capitalization is 60.55 billion USD. The Autodesk stock was the past 12 months quite unstable. Since last February the stock is even 45 percent higher. This year the stock price moved between 125 and 321 dollar.

    Historical stock prices Autodesk past 10 years

    stock autodesk

    Click here for dividend Autodesk. On Friday the stock closed at 276 USD.

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