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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
META's Outperformance Last Week Points to Imminent Breakout
Positive News SentimentPositive News
NASDAQ:ABST

Absolute Software (ABST) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$11.49
▼
$11.50
50-Day Range
$11.32
▼
$11.50
52-Week Range
$7.39
▼
$12.59
Volume
704,000 shs
Average Volume
738,809 shs
Market Capitalization
$610.81 million
P/E Ratio
N/A
Dividend Yield
2.09%
Price Target
$14.00
ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Absolute Software MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
21.8% Upside
$14.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

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

1.22 out of 5 stars

Computer And Technology Sector

561st out of 584 stocks

Private Households Industry

5th out of 5 stocks

See Top Rated MarketRank™ Stocks Here

ABST stock logo

About Absolute Software (NASDAQ:ABST) Stock

Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company's Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada.


ABST Stock News Headlines

July 13, 2023 | finance.yahoo.com
Absolute Software Named a Leader in the Summer G2 Grid Reports for Endpoint Management and Zero Trust Networking
July 12, 2023 | finance.yahoo.com
Absolute Announces Clearance Under Australia’s Foreign Acquisitions and Takeovers Act
September 25, 2023 | Wall Street Fundamentals (Ad)
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
June 29, 2023 | finance.yahoo.com
Absolute Securityholders Approve Acquisition by Crosspoint Capital Partners
June 16, 2023 | msn.com
Where I’d Invest a $10,000 Windfall Right Now
June 6, 2023 | finance.yahoo.com
Edenbrook Capital Sends Follow-Up Letter to Absolute Software Board
May 30, 2023 | msn.com
Event-Driven Radar: Higher Offer Is Absolute(ly) Possible
May 25, 2023 | seekingalpha.com
ABST Absolute Software Corporation
September 25, 2023 | Wall Street Fundamentals (Ad)
Would Buffett Approve of This Growth Strategy?
Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.
May 18, 2023 | msn.com
Absolute Software holder Edenbrook says takeover price undervalues company
May 16, 2023 | benzinga.com
Moore Kuehn Encourages HMPT, ABST, CTIC and FRG Investors to Contact Law Firm
May 15, 2023 | finance.yahoo.com
Absolute Software Reports Third Quarter Fiscal 2023 Financial Results
May 12, 2023 | msn.com
Absolute Software to be Acquired for $870M by Crosspoint Capital
May 11, 2023 | finance.yahoo.com
Absolute Software to be Acquired by Crosspoint Capital Partners for Enterprise Value of US$870 Million
April 25, 2023 | finance.yahoo.com
Absolute Software Named Winner of Three Global InfoSec Awards during RSA Conference 2023
April 18, 2023 | theglobeandmail.com
Closing Bell: Absolute Software Corp down on Monday (ABST)
April 6, 2023 | theglobeandmail.com
Closing Bell: Absolute Software Corp up on Wednesday (ABST)
April 6, 2023 | msn.com
Absolute Software cutting 40 jobs as part of restructuring plan
April 6, 2023 | markets.businessinsider.com
Absolute Software Cuts 5% Of Jobs
April 6, 2023 | finance.yahoo.com
Absolute Software Announces Workforce Restructuring
April 4, 2023 | finance.yahoo.com
Absolute Software Now Available through SHI’s NASPO ValuePoint Contract
March 20, 2023 | finance.yahoo.com
Absolute Software Named Gold Winner in 2023 Cybersecurity Excellence Awards
March 9, 2023 | finance.yahoo.com
Absolute Software Expands Application Resilience Ecosystem with Latest Product Update
February 14, 2023 | finance.yahoo.com
IIROC Trading Halt - ABST
February 14, 2023 | msn.com
Absolute Software Non-GAAP EPS of $0.05 misses by $0.05, revenue of $57.7M misses by $1.64M
February 9, 2023 | fool.ca
Absolute Software Stock: A Dividend-Payer With a Bright Future
January 30, 2023 | fool.ca
4 TSX Stocks That Could Triple in 2023
See More Headlines
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ABST Company Calendar

Last Earnings
8/09/2021
Today
9/25/2023
Fiscal Year End
6/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Private households
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:ABST
CUSIP
N/A
CIK
1071058
Web
www.absolute.com
Phone
(604) 730-9851
Fax
604-730-2621
Employees
2,021
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.00
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+21.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.49)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-24,490,000.00
Net Margins
-11.62%
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$197.31 million
Price / Sales
3.10
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
53,160,000
Free Float
N/A
Market Cap
$610.81 million
Optionable
Not Optionable
Beta
0.62
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Key Executives

  • Ms. Christy WyattMs. Christy Wyatt (Age 51)
    CEO, Pres & Director
    Comp: $819.95k
  • Mr. Peter Chess
    Gen. Counsel & Corp. Sec.
  • Mr. Mark Grace
    Chief Revenue Officer
  • Mr. James M. Lejeal (Age 58)
    Chief Financial Officer
  • Dr. Nicholas Benedict Van Someren (Age 56)
    Chief Technology Officer
  • Joo-Hun Kim
    Investor Relations, MKR Group
  • Ms. Alice Quinn Hansen
    Chief Marketing Officer
  • Mr. Robert Booker (Age 57)
    Exec. VP of HR
  • Mr. Matt Meanchoff
    Chief Customer Officer
  • Ms. Karen Reynolds
    Chief Communications Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ABST Stock - Frequently Asked Questions

Should I buy or sell Absolute Software stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Absolute Software in the last year. There are currently 1 buy rating 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?

1 equities research analysts have issued 1 year price objectives for Absolute Software's shares. Their ABST share price forecasts range from $14.00 to $14.00. On average, they predict the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for ABST or view top-rated stocks among Wall Street analysts.

How were Absolute Software's earnings last quarter?

Absolute Software Co. (NASDAQ:ABST) released its earnings results on Monday, August, 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.09. The firm had revenue of $31.80 million for the quarter, compared to analyst estimates of $30.35 million.

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

Absolute Software announced a quarterly dividend on Wednesday, April 19th. Investors of record on Thursday, May 11th will be given a dividend of $0.059 per share on Wednesday, May 24th. This represents a $0.24 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date is Wednesday, May 10th.
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 2.06%.
Read our dividend analysis for ABST.

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 variety of retail and institutional investors. Top institutional investors include Trigran Investments Inc. (4.80%), Alpine Associates Management Inc. (3.57%), Goldman Sachs Group Inc. (2.80%), Gabelli Funds LLC (2.24%), Paradigm Capital Management Inc. NY (2.12%) and Sand Grove Capital Management LLP (1.94%).
View institutional ownership trends.

What is Absolute Software's stock price today?

One share of ABST stock can currently be purchased for approximately $11.49.

How much money does Absolute Software make?

Absolute Software (NASDAQ:ABST) has a market capitalization of $610.81 million and generates $197.31 million in revenue each year. The company earns $-24,490,000.00 in net income (profit) each year or ($0.49) 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 9/25/2023 by MarketBeat.com Staff

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