1. As of noon trading, Autodesk ( ADSK) is down $3.01 (-7.6%) to $36.77 on heavy volume Thus far, 11.5 million shares of Autodesk exchanged hands as compared to its average daily volume of 2.9 million shares. The stock has ranged in price between $34.40-$37.33 after having opened the day at $36.75 as compared to the previous trading day's close of $39.78.

Autodesk, Inc. operates as a design software and services company worldwide. Autodesk has a market cap of $8.8 billion and is part of the computer software & services industry. The company has a P/E ratio of 36.9, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Autodesk as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Autodesk Ratings Report now.

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A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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