ADSK

Is Autodesk, Inc. (NASDAQ:ADSK) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]

Reseller of Autodesk products is a quality business with high return on equity. Huge revenue growth from a change to offering pre-paid 3 year subscriptions. Potential downside from customers not needing to renew those subscriptions for 3 years, pressuring near-term revenue as they lap the change. Expansion into adjacent areas shows promise, but unlikely to grow fast enough to offset near-term weakness.

Looking at Q2, Autodesk (NASDAQ: ADSK) earned $146.10 million, a 11.87% increase from the preceding quarter. Autodesk also posted a total of $913.10 million in sales, a 3.09% increase since Q1. In Q1, Autodesk earned $130.60 million, and total sales reached $885.70 million.What Is ROCE? Changes in earnings and sales indicate shifts in Autodesk's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q2, Autodesk posted an ROCE of 2.17%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on ADSKReturn on Capital Employed is an important measurement of efficiency and a useful tool when comparing companies that operate in the same industry. A relatively high ROCE indicates a company may be generating profits that can be reinvested into more capital, leading to higher returns and growing EPS for shareholders.For Autodesk, the return on capital employed ratio shows the number of assets can actually help the company achieve higher returns, an important note investors will take into account when gauging the payoff from long-term financing strategies.Q2 Earnings Insight Autodesk reported Q2 earnings per share at $0.98/share, which beat analyst predictions of $0.9/share.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Analyzing Autodesk's Unusual Options Activity * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Autodesk (ADSK) reverses its earlier losses of up to 1.9% after The Motley Fool reportedly recommends the company, citing the "accelerating revenue and even faster rising profit" during the software-as-a-service transition.TMF also says Autodesk

Autodesk, Inc. (NASDAQ: ADSK) today announced the international expansion of BuildingConnected, a construction management solution that centralizes and streamlines the bidding process, and encompasses the Autodesk Construction Cloud builders network, a crowdsourced network of construction professionals. Owners and general contractors use BuildingConnected to discover trade partners and identify the right subcontractor for the job, and to solicit and compare bids – also referred to as tenders – from one central location. With its international expansion, the BuildingConnected solution is now available in the United Kingdom, Ireland, Australia and New Zealand.