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NASDAQ:ABST

Absolute Software Stock Forecast, Price & News

$14.06
-0.51 (-3.50 %)
(As of 05/17/2021 04:30 PM ET)
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Today's Range
$13.98
$14.48
50-Day Range
$13.09
$15.50
52-Week Range
$8.49
$21.20
Volume67,765 shs
Average Volume117,142 shs
Market Capitalization$695.94 million
P/E Ratio63.91
Dividend Yield1.72%
Beta0.9
30 days | 90 days | 365 days | Advanced Chart
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Absolute Software logo

About Absolute Software

Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations. The company offers the Absolute platform to provide the connectivity, visibility, and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health, compliance, and state of decay of endpoint security controls and productivity tools, as well as for reporting and analytics, geotechnology, and endpoint investigation and recovery applications. It also provides professional, technical support, and investigation services. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to corporations, government entities, educational institutions, financial services, healthcare sectors, and consumers. It operates in North America, Europe, and Africa, as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada.

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Industry, Sector and Symbol

Industry Private households
Sub-IndustryN/A
Current SymbolNASDAQ:ABST
CUSIPN/A
CIKN/A
Phone604-730-9851
Employees526
Year FoundedN/A

Sales & Book Value

Annual Sales$104.67 million
Cash Flow$0.59 per share
Book Value($1.01) per share

Profitability

Net Income$10.64 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$695.94 million
Next Earnings Date8/9/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.97 out of 5 stars

Computer And Technology Sector

95th out of 1,551 stocks

Private Households Industry

2nd out of 375 stocks

Analyst Opinion: 4.4Community Rank: 3.4Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Absolute Software (NASDAQ:ABST) Frequently Asked Questions

Is Absolute Software a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Absolute Software in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Absolute Software stock.
View analyst ratings for Absolute Software
or view top-rated stocks.

What stocks does MarketBeat like better than Absolute Software?

Wall Street analysts have given Absolute Software a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Absolute Software wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Absolute Software's next earnings date?

Absolute Software is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Absolute Software
.

How were Absolute Software's earnings last quarter?

Absolute Software Co. (NASDAQ:ABST) issued its earnings results on Monday, May, 10th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.01. Absolute Software had a negative trailing twelve-month return on equity of 21.85% and a net margin of 9.10%.
View Absolute Software's earnings history
.

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

Absolute Software announced a quarterly dividend on Wednesday, April 21st. Stockholders of record on Friday, May 14th will be paid a dividend of $0.0639 per share on Friday, May 28th. This represents a $0.26 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, May 13th. This is a boost from Absolute Software's previous quarterly dividend of $0.06.
View Absolute Software's dividend history
.

Is Absolute Software a good dividend stock?

Absolute Software pays an annual dividend of $0.25 per share and currently has a dividend yield of 1.72%. The dividend payout ratio of Absolute Software is 104.17%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Absolute Software will have a dividend payout ratio of 104.17% in the coming year. This indicates that Absolute Software may not be able to sustain their current dividend.
View Absolute Software's dividend history.

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

Absolute Software updated its FY 2021 earnings guidance on Tuesday, May, 11th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $119 million-$120 million.

What price target have analysts set for ABST?

7 brokers have issued 12 month price objectives for Absolute Software's stock. Their forecasts range from $18.00 to $22.00. On average, they anticipate Absolute Software's stock price to reach $20.00 in the next year. This suggests a possible upside of 42.2% from the stock's current price.
View analysts' price targets for Absolute Software
or view top-rated stocks among Wall Street analysts.

Who are Absolute Software's key executives?

Absolute Software's management team includes the following people:
  • Ms. Christy Wyatt, CEO, Pres & Director (Age 49, Pay $950.03k)
  • Mr. Sean Maxwell, Chief Commercial Officer
  • Mr. William Morris, Exec. VP of Product Devel.
  • Mr. Ameer Karim, Exec. VP of Product Management
  • Mr. Steven H. Gatoff, Chief Financial Officer (Age 54)
  • Dr. Nicholas Benedict Van Someren, Chief Technology Officer (Age 54)
  • Ms. Dianne Lapierre, Chief Information Officer
  • Joo-Hun Kim, Investor Relations, MKR Group
  • Mr. Lang Michener, Legal Counsel
  • Ms. Sandra Toms, Chief Marketing Officer

Who are some of Absolute Software's key competitors?

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 many different retail and institutional investors. Top institutional shareholders include Trigran Investments Inc. (9.83%), The Manufacturers Life Insurance Company (3.63%), Pembroke Management LTD (3.05%), JPMorgan Chase & Co. (1.96%), Alberta Investment Management Corp (1.53%) and Paradigm Capital Management Inc. NY (1.21%).

Which institutional investors are selling Absolute Software stock?

ABST stock was sold by a variety of institutional investors in the last quarter, including Trigran Investments Inc., The Manufacturers Life Insurance Company, Pembroke Management LTD, JPMorgan Chase & Co., Goldman Sachs Group Inc., Paradigm Capital Management Inc. NY, Royal Bank of Canada, and TD Asset Management Inc..

Which institutional investors are buying Absolute Software stock?

ABST stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Alberta Investment Management Corp, Kornitzer Capital Management Inc. KS, Geode Capital Management LLC, Golden Gate Private Equity Inc., Henry James International Management Inc., UBS Asset Management Americas Inc., and Acadian Asset Management LLC.

How do I buy shares of Absolute Software?

Shares of ABST 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 $14.06.

How much money does Absolute Software make?

Absolute Software has a market capitalization of $695.94 million and generates $104.67 million in revenue each year. The company earns $10.64 million in net income (profit) each year or $0.24 on an earnings per share basis.

How many employees does Absolute Software have?

Absolute Software employs 526 workers across the globe.

What is Absolute Software's official website?

The official website for Absolute Software is www.absolute.com.

Where are Absolute Software's headquarters?

Absolute Software is headquartered at 1055 Dunsmuir Street Four Bentall Centre Suite 1400 PO Box 49211, Vancouver A1, 49211.

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 company can be reached via phone at 604-730-9851 or via email at [email protected]


This page was last updated on 5/17/2021 by MarketBeat.com Staff
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