Two Stocks in Focus: Adobe Systems Incorporated (NASDAQ:ADBE) & Valley National Bancorp (NYSE:VLY)

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Adobe Systems Incorporated (NASDAQ:ADBE)

Adobe Systems 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 http://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.

Adobe Systems Incorporated (NASDAQ:ADBE)’s Financial Overview

Adobe Systems Incorporated (NASDAQ) declined -0.09% yesterday to close its trading session at $237.55. The company has 1 year Price Target of $288.96. Adobe Systems Incorporated has 52-Week high of $277.61 and 52-Week Low of $179.34. The stock touched its 52-Week High on 277.61 and 52-Week Low on 179.34. The stock traded with the volume of 3.18 Million shares yesterday. The firm shows the market capitalization of $116.06 Billion.

Adobe Systems Incorporated (NASDAQ) reported its last quarterly earnings on 11/29/2018 where the firm reported its Actual EPS of $1.9/share against the analyst consensus estimate of $1.88/share. The difference between the actual and expected EPS is $0.02 a share with a surprise factor of 1.1%.

The firm is trading with SMA20 of 4.94 Percent, SMA50 of 1.19 Percent and SMA200 of -2.71 percent. Adobe Systems Incorporated has P/S value of 12.85 while its P/B value stands at 13.14. Similarly, the company has Return on Assets of 14.4 percent, Return on Equity of 25 percent and Return on Investment of 16.7 Percent. The company shows Gross Margin and Operating Margin of 86.8 percent and 28.8 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 1.9 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 27 analysts offering 12-month price forecasts for Adobe Inc have a median target of 299.00, with a high estimate of 325.00 and a low estimate of 250.00. The median estimate represents a +25.87% increase from the last price of 237.55.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Valley National Bancorp (NYSE:VLY)

Valley National Bancorp is a bank holding company whose principal subsidiary is Valley National Bank. Valley National Bank provides a full range of commercial and retail banking services through branch offices located in northern New Jersey. These services include the following: the acceptance of demand, savings and time deposits; extension of consumer, real estate, Small Business Administration and other commercial credits; title insurance; investment services; and full personal and corporate trust, as well as pension and fiduciary services.

Valley National Bancorp (NYSE:VLY)’s Financial Outlook

The 10 analysts offering 12-month price forecasts for Valley National Bancorp have a median target of 11.50, with a high estimate of 13.00 and a low estimate of 10.00. The median estimate represents a +16.75% increase from the last price of 9.85.

Valley National Bancorp is expected* to report earnings on 01/31/2019 before market open. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.23. The reported EPS for the same quarter last year was $0.18.

According to Zacks Investment Research, Valley National Bancorp has a Consensus Recommendation of 2.43. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.51% and closed its last trading session at $9.85. The company has the market capitalization of $3.25 Billion. The stock has 52-week high of $13.38 and 52-Week low of $8.42. The firm touched its 52-Week high on 13.38 and 52-Week low on 8.42. The company has volume of 1.29 Million shares. The company has a total of 329.81 Million shares outstanding.

Valley National Bancorp (NYSE) in the last quarter reported its actual EPS of $0.21/share where the analyst estimated EPS was $0.23/share. The difference between the actual and Estimated EPS is $-0.02. This shows a surprise factor of -8.7 percent.

The company has YTD performance of 10.92 percent. Beta for Valley National Bancorp stands at 1.21 while its ATR (average true range) is 0.32. The company has Weekly Volatility of 2.63%% and Monthly Volatility of 3.42%%.

Valley National Bancorp has distance from 20-day Simple Moving Average (SMA20) of 7.35%, Distance from 50-Day Simple Moving Average of 1.01 percent and Distance from 200-Day Simple Moving Average of -14.59%.

The Company currently has ROA (Return on Assets) of 0.7 percent, Return on Equity (ROE) of 6.9 Percent and Return on Investment (ROI) of 22.1% with Gross margin of 0 percent and Operating & Profit margin of 73.2% and 18.6% respectively.

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