(1888PressRelease)
March 14, 2009 - Mira, Portugal – SADIF Investment Analytics SA, today announced the release of a new equity research report covering Adobe Systems Incorporated (ADBE). The report utilizes SADIF's powerful StockMarks™ stock rating system and is required reading for any current or potential Adobe investor.
Shares in US software company Adobe Systems have been hit hard by the economic crisis, falling by more than 50% since the start of October compared to a 31% decline in the Nasdaq composite index. Adobe announced mixed preliminary first quarter results on March 4th, revealing that the company's revenue will miss expectations while beating profit expectations due to the company's cost cutting over the past six months. Adobe also announced that it expects second quarter revenues to fall short of analysts estimates. This has not prevented analysts such as those from UBS and Jefferies from upgrading their ratings on the stock. Adobe shares were boosted by the recent news, up 13% since the start of March, but it remains to be seen if the gains will last through the company's scheduled first quarter earnings announcement and analyst call on March 17th. In order to assess whether the recent recovery in the shares will be sustainable over the long-term, we should focus on Abobe's long-term underlying fundamentals. We can assess Adobe's fundamentals through the use of the StockMarks framework. Adobe currently has an overall long-term investment-attractiveness rating (Total StockMark or SMT) of 54, rating close to the market average. This rating places the company fifth when compared to nine of its closest peers, selected on the basis of similarity of business, market positioning factors and share comparisons.
The complete report breaks down the Total StockMark into its three components – Business, Management and Price, performing a thorough analysis of Adobe for long-term investors.
A summary of the StockMarks™ ratings for Adobe is available here:
http://sadifanalytics.com/stockmarks/company.php?ticker=ADBE&cod_country=125
The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites, from multiple professional platforms including Reuters Knowledge, TheMarkets.com and Thomson Research or directly from SADIF-Investment Analytics SA at:
http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_country=125
About SADIF-Investment Analytics SA:
SADIF-Investment Analytics SA is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.
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