Is Autodesk (ADSK) Now Attractive After A 21.5% Share Price Slide?
What Autodesk’s Recent Share Price Moves Might Mean For Value Focused Investors
Before you decide whether Autodesk might be attractively priced, it helps to step back and ask what the recent share price is really telling you about expectations baked into the stock.
Over the last week the share price has fallen 10.2%, contributing to a 16.0% decline over the past month and a 21.5% decline over the past year, even though the 3 year return sits at 7.7% and the 5 year return at 20.9%.
Recent coverage around Autodesk has focused on its role as a core software provider for design and engineering workflows, as well as ongoing attention from investors who are watching how broader software sector sentiment affects established names. This…
