Autodesk (ADSK) Laps the Stock Market: Here's Why

Group 1: Company Performance - Autodesk's stock closed at $304.99, reflecting a +1.28% change from the previous trading day's closing, outperforming the S&P 500 which gained 0.67% [1] - Over the past month, Autodesk shares have increased by 5.68%, while the Computer and Technology sector has decreased by 0.79% [1] Group 2: Upcoming Earnings - Autodesk is expected to release its earnings report on February 27, 2025, with a predicted EPS of$ 2.13, indicating a 1.91% growth compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $1.63 billion, which represents an 11.01% increase from the year-ago period [2] Group 3: Analyst Estimates and Rankings - Changes in analyst estimates for Autodesk are important as they reflect the evolving business trends, with positive changes indicating a favorable outlook on the company's health and profitability [3] - Autodesk currently holds a Zacks Rank of 4 (Sell), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5] Group 4: Valuation Metrics - Autodesk's Forward P/E ratio is 32.6, which is higher than the industry's Forward P/E of 30.31, indicating a premium valuation [6] - The PEG ratio for Autodesk is 2.21, which is in line with the average PEG ratio of 2.21 for the Computer - Software industry [6] Group 5: Industry Context - The Computer - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 143, placing it in the bottom 44% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]