ValuEngine Upgrades Adobe Systems to BUY

For today’s bulletin, we take a look at our latest STRONG BUY and BUY upgrades. 

VALUATION WATCH: Overvalued stocks now make up 28.79% of our stocks assigned a valuation and 10.37% of those equities are calculated to be overvalued by 20% or more. One sector is calculated to be overvalued (barely).

For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Natera Inc. is a STRONG BUY upgrads. The other components of our top-five list are BUY upgrades.

Ticker Company Name Market Price Valuation Last 12-M Return 1-M Forecast Return 1-Yr Forecast Return P/E Ratio Sector Name
NTRA NATERA INC 14.21 14.19% 43.97% 1.13% 13.56% N/A Medical
GWGH GWG HOLDINGS 9.23 26.11% 8.69% 0.66% 7.89% 13.98 Finance
ADBEWealth Strength IndexADBE is Extremely Up and trending Up ADOBE SYSTEMS 242.36 -5.49% 25.93% 0.55% 6.57% 43.49 Computer and Technology
OMER OMEROS CORP 14 1.65% -22.57% 0.55% 6.56% N/A Medical
HCKT HACKETT GROUP 17.78 -0.38% 12.53% 0.51% 6.14% 21.42 Business Services

 

Adobe Systems (ADBEWealth Strength IndexADBE is Extremely Up and trending Up) Incorporated is one of the largest software companies in the world. They offer a line of products and services used by creative professionals, marketers, knowledge workers, application developers, enterprises and consumers for creating, managing, delivering, measuring, optimizing and engaging with compelling content and experiences across personal computers, devices and media. They market and license their products and services directly to enterprise customers through their sales force and to end users through app stores and their own website at www.adobe.com. They offer many of their products via a Software-as-a-Service model or a managed services model as well as through term subscription and pay-per-use models. They also distribute certain products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, software developers and original equipment manufacturers.

ValuEngine updated its recommendation from HOLD to BUY for ADOBE SYSTEMS on 2019-01-15. Based on the information we have gathered and our resulting research, we feel that ADOBE SYSTEMS has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.

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ValuEngine Forecast
Target
Price*
Expected
Return
1-Month 243.69 0.55%
3-Month 242.22 -0.06%
6-Month 246.32 1.64%
1-Year 258.28 6.57%
2-Year 228.76 -5.61%
3-Year 225.93 -6.78%
Valuation & Rankings
Valuation 5.49% undervalued Valuation Rank(?) 38
1-M Forecast Return 0.55% 1-M Forecast Return Rank 86
12-M Return 25.93% Momentum Rank(?) 93
Sharpe Ratio 1.31 Sharpe Ratio Rank(?) 100
5-Y Avg Annual Return 26.59% 5-Y Avg Annual Rtn Rank 97
Volatility 20.30% Volatility Rank(?) 69
Expected EPS Growth 15.61% EPS Growth Rank(?) 52
Market Cap (billions) 121.40 Size Rank 100
Trailing P/E Ratio 43.49 Trailing P/E Rank(?) 37
Forward P/E Ratio 37.61 Forward P/E Ratio Rank 9
PEG Ratio 2.79 PEG Ratio Rank 15
Price/Sales 13.44 Price/Sales Rank(?) 9
Market/Book 12.97 Market/Book Rank(?) 11
Beta 1.13 Beta Rank 32
Alpha 0.33 Alpha Rank 93