Absolute Software Company Profile (TSE:ABT)

About Absolute Software (TSE:ABT)

Absolute Software logoAbsolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones. The Company's solutions are delivered in a software as a service (SaaS) business model. The Company's solutions and technology include Absolute Data and Device Security (Absolute DDS), which enables customers to secure endpoints, asses risk and respond to security threats; Persistence Technology, and Persistence Services. The Company's Absolute DDS enables customers to monitor the security posture of their computing endpoints and respond to security threats. With Absolute DDS, customers can define security alerts based on changes in device attributes, such as software, data, hardware and users.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Technical & System Software
  • Sub-Industry: N/A
  • Symbol: TSE:ABT
  • CUSIP: N/A
  • Web: www.absolute.com/
Capitalization:
  • Market Cap: C$334.43 million
  • Outstanding Shares: 39,577,000
Average Prices:
  • 50 Day Moving Avg: C$7.78
  • 200 Day Moving Avg: C$7.79
  • 52 Week Range: C$5.81 - C$8.75
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$91.21 million
  • Price / Sales: 3.67
  • Book Value: C($1.36) per share
  • Price / Book: -6.21
Dividend:
  • Dividend Yield: 4.2%
Profitability:
  • EBITDA: C$12.27 million
  • Net Margins: -9.02%
  • Return on Assets: -8.77%
Misc:
  • Average Volume: 45,497 shs.
  • Short Ratio: 38.48
 

Frequently Asked Questions for Absolute Software (TSE:ABT)

What is Absolute Software's stock symbol?

Absolute Software trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ABT."

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

Absolute Software declared a quarterly dividend on Friday, July 21st. Shareholders of record on Friday, August 4th will be given a dividend of 0.08 per share on Friday, August 25th. This represents a $0.32 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend is Wednesday, August 2nd. This is a positive change from Absolute Software's previous quarterly dividend of $0.07. View Absolute Software's Dividend History.

How were Absolute Software's earnings last quarter?

Absolute Software (TSE:ABT) issued its earnings results on Monday, August, 18th. The company reported $0.02 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.02. The company had revenue of $25.43 million for the quarter, compared to analyst estimates of $24.29 million. View Absolute Software's Earnings History.

When will Absolute Software make its next earnings announcement?

Absolute Software is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Absolute Software.

Where is Absolute Software's stock going? Where will Absolute Software's stock price be in 2017?

4 equities research analysts have issued 1 year price objectives for Absolute Software's stock. Their predictions range from C$6.00 to C$8.75. On average, they expect Absolute Software's share price to reach C$7.85 in the next year. View Analyst Ratings for Absolute Software.

Who are some of Absolute Software's key competitors?

Who are Absolute Software's key executives?

Absolute Software's management team includes the folowing people:

  • Daniel P. Ryan, Independent Chairman of the Board
  • Geoff Haydon, Chief Executive Officer, Director
  • Errol Olsen, Chief Financial Officer
  • Thomas Kenny, Executive Vice President, General Manager - Global Sales and Marketing
  • Dean Coza, Executive Vice President - Products
  • Todd Chronert, Vice President - Americas Sales
  • Christopher S. Bolin, Chief Product Officer
  • Sean Maxwell, Chief Commercial Officer
  • Arthur Mesher, Director
  • Josef Vejvoda, Director

How do I buy Absolute Software stock?

Shares of Absolute Software and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Absolute Software's stock price today?

One share of Absolute Software stock can currently be purchased for approximately C$8.45.


MarketBeat Community Rating for Absolute Software (TSE ABT)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  99 (Vote Underperform)
Total Votes:  269
MarketBeat's community ratings are surveys of what our community members think about Absolute Software and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Absolute Software (TSE:ABT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: C$7.85
Consensus Price Target History for Absolute Software (TSE:ABT)
Price Target History for Absolute Software (TSE:ABT)
Analysts' Ratings History for Absolute Software (TSE:ABT)
Show:
DateFirmActionRatingPrice TargetDetails
8/17/2017National Bank FinancialUpgradeUnderperform Overweight -> Sector Perform OverweightView Rating Details
8/18/2017Pi FinancialLower Price TargetC$9.00 -> C$8.75View Rating Details
8/18/2017Canaccord GenuityDowngradeBuy -> HoldC$9.00 -> C$8.00View Rating Details
8/18/2017BMO Capital MarketsReiterated RatingMarket PerformC$8.50View Rating Details
5/9/2017ScotiabankBoost Price TargetSector PerformC$7.50 -> C$8.00View Rating Details
8/23/2016Imperial CapitalBoost Price TargetOutperformC$6.00 -> C$7.00View Rating Details
6/1/2016Cantor FitzgeraldLower Price TargetBuyC$11.00 -> C$10.50View Rating Details
5/11/2016Paradigm CapitalBoost Price TargetC$9.00 -> C$10.00View Rating Details
5/11/2016CormarkDowngradeBuy -> Market PerformView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for Absolute Software (TSE:ABT)
Earnings by Quarter for Absolute Software (TSE:ABT)
Earnings History by Quarter for Absolute Software (TSE ABT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017        
8/18/2014C$0.02C$0.02C$24.29 millionC$25.43 millionViewN/AView Earnings Details
5/12/2014C$0.02C$0.03C$24.15 millionC$26.25 millionViewN/AView Earnings Details
2/11/2014Q2 14C$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Absolute Software (TSE:ABT)
2017 EPS Consensus Estimate: $0.10
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.00$0.06$0.03
Q2 20173$0.00$0.03$0.01
Q3 20173($0.01)$0.06$0.03
Q4 20173($0.01)$0.06$0.03
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Absolute Software (TSE ABT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/21/2017Quarterly$0.084.01%8/2/20178/4/20178/25/2017
5/4/2015Quarterly$0.072.81%5/4/20155/27/20155/27/2015
2/4/2015Quarterly$0.073.28%2/4/20152/27/20152/27/2015
10/27/2014quarterly$0.074.07%11/5/201411/7/201411/28/2014
7/29/2014quarterly$0.063.55%8/5/20148/7/20148/28/2014
4/25/2014quarterly$0.063.49%5/5/20145/7/20145/28/2014
1/27/2014quarterly$0.063.36%2/5/20142/7/20142/28/2014
10/22/2013quarterly$0.0611/7/201311/28/2013
7/16/2013quarterly$0.058/7/20138/28/2013
4/16/2013quarterly$0.055/7/20135/28/2013
1/11/2013quarterly$0.052/7/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Absolute Software (TSE:ABT)
Insider Trades by Quarter for Absolute Software (TSE:ABT)
Insider Trades by Quarter for Absolute Software (TSE:ABT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/21/2017Mark GraceInsiderBuy1,785C$7.39C$13,191.15
3/21/2016Eric Stuart RosenfeldDirectorBuy36,400C$6.56C$238,784.00
3/18/2016Gregory Rush MonahanDirectorBuy3,100C$6.34C$19,654.00
3/15/2016Gregory Rush MonahanDirectorBuy14,000C$6.98C$97,720.00
3/8/2016Gregory Rush MonahanDirectorBuy10,000C$6.99C$69,890.00
3/1/2016Gregory Rush MonahanDirectorBuy600C$6.97C$4,182.00
2/11/2016Gregory Rush MonahanDirectorBuy2,000C$5.95C$11,894.00
2/10/2016Gregory Rush MonahanDirectorBuy5,000C$6.06C$30,300.00
2/9/2016Eric Stuart RosenfeldDirectorBuy10,000C$5.84C$58,400.00
2/8/2016Eric Stuart RosenfeldDirectorBuy27,900C$5.94C$165,698.10
2/5/2016Eric Stuart RosenfeldDirectorBuy27,500C$6.00C$164,945.00
12/15/2015J. Ian GiffenDirectorBuy5,000C$0.00C$0.00
12/3/2015J. Ian GiffenDirectorBuy5,000C$0.00C$0.00
11/26/2015Errol OlsenInsiderSell7,500C$8.63C$64,725.00
3/20/2015Martin BestmannInsiderSell18,100C$0.00C$0.00
3/19/2015Martin BestmannInsiderSell2,700C$0.00C$0.00
3/4/2015Martin BestmannInsiderSell20,000C$0.00C$0.00
3/2/2015Martin BestmannInsiderSell15,500C$0.00C$0.00
2/26/2015Martin BestmannInsiderSell15,000C$0.00C$0.00
2/23/2015Martin BestmannInsiderSell30,000C$0.00C$0.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Absolute Software (TSE:ABT)
Latest Headlines for Absolute Software (TSE:ABT)
Source:
DateHeadline
fool.ca logo3 Cybersecurity Stocks That Could Take Off in 2018 - The Motley Fool Canada
www.fool.ca - October 19 at 3:31 PM
finance.yahoo.com logoAbsolute Names Dean Ćoza Executive Vice President of Products to Drive Endpoint Visibility and Control Platform Strategy and Adoption
finance.yahoo.com - October 11 at 3:35 PM
finance.yahoo.com logoPonemon Report Shows Automating Endpoint Security and Asset Management is Key to Saving Organizations an Average of $3.4 Million Per Year
finance.yahoo.com - October 4 at 3:10 PM
finance.yahoo.com logoAbsolute Software Corp. – Value Analysis (TORONTO:ABT) : September 25, 2017
finance.yahoo.com - October 2 at 3:12 PM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bullish Manner : ABT-CA : September 22, 2017
finance.yahoo.com - September 22 at 12:19 PM
finance.yahoo.com logoAbsolute to Present at the Dougherty & Company Institutional Investor Conference
finance.yahoo.com - September 11 at 3:56 PM
businesswire.com logoAbsolute Announces Approval of Normal Course Issuer Bid - Business Wire (press release)
www.businesswire.com - September 9 at 1:45 AM
finance.yahoo.com logoAbsolute Announces Approval of Normal Course Issuer Bid
finance.yahoo.com - September 7 at 3:19 PM
finance.yahoo.com logoAbsolute Software Corp. :ABT-CA: Earnings Analysis: Q4, 2017 By the Numbers : August 24, 2017
finance.yahoo.com - August 24 at 3:23 PM
finance.yahoo.com logoAbsolute Software Corp. :ABT-CA: Earnings Analysis: 2017 By the Numbers : August 22, 2017
finance.yahoo.com - August 22 at 3:39 PM
americanbankingnews.com logoNational Bank Financial Comments on Absolute Software's FY2018 Earnings (ABT)
www.americanbankingnews.com - August 21 at 8:14 AM
americanbankingnews.com logoAbsolute Software (ABT) Raised to Sector Perform Overweight at National Bank Financial
www.americanbankingnews.com - August 19 at 8:00 AM
finance.yahoo.com logoEdited Transcript of ABT.TO earnings conference call or presentation 17-Aug-17 9:00pm GMT
finance.yahoo.com - August 18 at 3:20 PM
finance.yahoo.com logoCANADA STOCKS-TSX slides as investors shun riskier assets, gold shines
finance.yahoo.com - August 18 at 3:20 PM
americanbankingnews.com logoAbsolute Software (ABT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 18 at 3:04 PM
americanbankingnews.com logoPi Financial Lowers Absolute Software (ABT) Price Target to C$8.75
www.americanbankingnews.com - August 18 at 1:22 PM
americanbankingnews.com logoAbsolute Software (ABT) Rating Reiterated by BMO Capital Markets
www.americanbankingnews.com - August 18 at 1:22 PM
americanbankingnews.com logoAbsolute Software (ABT) Downgraded by Canaccord Genuity to "Hold"
www.americanbankingnews.com - August 18 at 1:22 PM
finance.yahoo.com logoAbsolute Reports Fiscal 2017 Fourth Quarter and Annual Financial Results
finance.yahoo.com - August 17 at 8:46 PM
finance.yahoo.com logoAbsolute Software Corp. : ABT-CA: Dividend Analysis : August 04th, 2017 (record date) : By the numbers : August 16, 2017
finance.yahoo.com - August 16 at 3:22 PM
baystreet.ca logoInflation Figures Due Next Week in Canada
www.baystreet.ca - August 11 at 10:18 PM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bearish Manner : ABT-CA : August 11, 2017
finance.yahoo.com - August 11 at 3:38 PM
americanbankingnews.com logoAbsolute Software (TSE:ABT) Set to Announce Earnings on Thursday
www.americanbankingnews.com - August 10 at 8:06 AM
finance.yahoo.com logoNew Absolute 7 Platform Extends Endpoint Visibility and Control, Enabling Enterprises to See, Manage and Secure Every Endpoint, Everywhere
finance.yahoo.com - August 9 at 3:34 PM
finance.yahoo.com logoAbsolute Software Corp. :ABT-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 4 at 8:25 PM
finance.yahoo.com logoAbsolute to Host Conference Call for Fiscal 2017 Fourth Quarter and Annual Financial Results
finance.yahoo.com - August 3 at 8:43 PM
americanbankingnews.com logoAbsolute Software (ABT) Declares Dividend Increase - $0.08 Per Share
www.americanbankingnews.com - July 28 at 10:35 AM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bearish Manner : ABT-CA : July 25, 2017
finance.yahoo.com - July 25 at 3:19 PM
finance.yahoo.com logoAbsolute Software Corp. – Value Analysis (TORONTO:ABT) : July 4, 2017
finance.yahoo.com - July 4 at 8:41 PM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bearish Manner : ABT-CA : July 3, 2017
finance.yahoo.com - July 3 at 3:23 PM
biz.yahoo.com logoQ2 2017 Absolute Software Corp Earnings Release - 4:00 pm ET
biz.yahoo.com - February 6 at 3:19 PM
businesswire.com logoAbsolute to Host Conference Call for Fiscal 2017 Second Quarter ... - Business Wire (press release)
www.businesswire.com - January 23 at 3:17 PM

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Chart

Absolute Software (ABT) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

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