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DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
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Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
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Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Buy THIS stock before Taiwan is attacked (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Buy THIS stock before Taiwan is attacked (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Buy THIS stock before Taiwan is attacked (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Buy THIS stock before Taiwan is attacked (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Buy THIS stock before Taiwan is attacked (Ad)
Factory or farm? Oregon may alter land use for chipmakers
Travel disruption hits Germany on eve of transport strike
Buy THIS stock before Taiwan is attacked (Ad)
Adele extends Las Vegas residency, plans concert film
Berlin climate proposal fails to get enough yes votes to win
BREAKING: Tiny biotech successfully treats blindness (Ad)
Turkmenistan votes for new, opposition-free parliament
Technical issues at Lufthansa cause delays in Frankfurt

Absolute Software - ABST Stock Forecast, Price & News

$7.55
-0.12 (-1.56%)
(As of 03/24/2023 08:50 PM ET)
Add
Compare
Today's Range
$7.50
$7.67
50-Day Range
$7.49
$11.96
52-Week Range
$6.79
$12.59
Volume
35,800 shs
Average Volume
85,254 shs
Market Capitalization
$398.49 million
P/E Ratio
N/A
Dividend Yield
3.18%
Price Target
$15.50

Absolute Software MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
105.3% Upside
$15.50 Price Target
Short Interest
Bearish
2.46% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.61mentions of Absolute Software in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$94,541 Bought Last Quarter
Proj. Earnings Growth
233.33%
From $0.15 to $0.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Computer And Technology Sector

84th out of 614 stocks

Private Households Industry

1st out of 5 stocks


ABST stock logo

About Absolute Software (NASDAQ:ABST) Stock

Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. Its solutions includes education, financial services, general date protection regulations (GDPR) compliance, government, healthcare, professional services, and technology solutions such as Absolute for Android, and Absolute for Chromebook. The company was founded on November 24, 1993 and is headquartered in Vancouver, Canada.

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ABST Stock News Headlines

"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
IIROC Trading Halt - ABST
4 TSX Stocks That Could Triple in 2023
The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Absolute Software Slides 15% On Wider Q1 Loss
Earnings Preview: Absolute Software
Absolute Software's Earnings: A Preview
Absolute Software Earnings Preview
See More Headlines
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ABST Company Calendar

Ex-Dividend for 2/23 Dividend
2/08/2023
Last Earnings
2/14/2023
Dividend Payable
2/23/2023
Today
3/26/2023
Next Earnings (Estimated)
5/09/2023
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
NASDAQ:ABST
Employees
2,021
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$15.50
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+105.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-24,490,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$197.31 million
Cash Flow
$0.52 per share

Miscellaneous

Free Float
N/A
Market Cap
$398.49 million
Optionable
Not Optionable
Beta
0.65

Key Executives

  • Christy WyattChristy Wyatt
    President, Chief Executive Officer & Director
  • James M. Lejeal
    Chief Financial Officer
  • Nicko van Someren
    Chief Technology Officer
  • William Morris
    Executive Vice President-Engineering
  • Mark Grace
    Chief Revenue Officer













ABST Stock - Frequently Asked Questions

Should I buy or sell Absolute Software stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Absolute Software in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ABST shares.
View ABST analyst ratings
or view top-rated stocks.

What is Absolute Software's stock price forecast for 2023?

2 analysts have issued twelve-month price objectives for Absolute Software's shares. Their ABST share price forecasts range from $14.00 to $17.00. On average, they predict the company's share price to reach $15.50 in the next year. This suggests a possible upside of 105.3% from the stock's current price.
View analysts price targets for ABST
or view top-rated stocks among Wall Street analysts.

How have ABST shares performed in 2023?

Absolute Software's stock was trading at $10.44 on January 1st, 2023. Since then, ABST shares have decreased by 27.7% and is now trading at $7.55.
View the best growth stocks for 2023 here
.

When is Absolute Software's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our ABST earnings forecast
.

How were Absolute Software's earnings last quarter?

Absolute Software Co. (NASDAQ:ABST) issued its earnings results on Tuesday, February, 14th. The company reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.22. The business had revenue of $57.19 million for the quarter, compared to analysts' expectations of $59.90 million.

How often does Absolute Software pay dividends? What is the dividend yield for Absolute Software?

Absolute Software declared a quarterly dividend on Wednesday, January 18th. Shareholders of record on Thursday, February 9th will be paid a dividend of $0.059 per share on Thursday, February 23rd. This represents a $0.24 annualized dividend and a yield of 3.13%. The ex-dividend date is Wednesday, February 8th.
Read our dividend analysis for ABST
.

Is Absolute Software a good dividend stock?

Absolute Software (NASDAQ:ABST) pays an annual dividend of $0.24 per share and currently has a dividend yield of 3.13%.
Read our dividend analysis for ABST.

What guidance has Absolute Software issued on next quarter's earnings?

Absolute Software issued an update on its FY 2023 earnings guidance on Tuesday, February, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $231.00 million-$235.00 million, compared to the consensus revenue estimate of $241.96 million.

What is Absolute Software's stock symbol?

Absolute Software trades on the NASDAQ under the ticker symbol "ABST."

Who are Absolute Software's major shareholders?

Absolute Software's stock is owned by a number of retail and institutional investors. Top institutional investors include Lynrock Lake LP (11.13%), Connor Clark & Lunn Investment Management Ltd. (7.88%), Legal & General Group Plc (4.30%), Bank of America Corp DE (2.30%), Parallax Volatility Advisers L.P. (0.00%) and Triasima Portfolio Management inc. (2.05%).
View institutional ownership trends
.

How do I buy shares of Absolute Software?

Shares of ABST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Absolute Software's stock price today?

One share of ABST stock can currently be purchased for approximately $7.55.

How much money does Absolute Software make?

Absolute Software (NASDAQ:ABST) has a market capitalization of $398.49 million and generates $197.31 million in revenue each year. The company earns $-24,490,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.

How many employees does Absolute Software have?

The company employs 2,021 workers across the globe.

How can I contact Absolute Software?

Absolute Software's mailing address is 1055 Dunsmuir Street Four Bentall Centre Suite 1400 PO Box 49211, Vancouver A1, 49211. The official website for the company is www.absolute.com. The company can be reached via phone at (604) 730-9851, via email at joohunkim@mkrir.com, or via fax at 604-730-2621.

This page (NASDAQ:ABST) was last updated on 3/27/2023 by MarketBeat.com Staff