Absolute Software Company Profile (TSE:ABT)

About Absolute Software (TSE:ABT)

Absolute Software logoAbsolute Software Corporation develops, markets, and supports endpoint security and data risk management, and endpoint management solutions for desktops, laptops, tablets and smartphones in Canada, the United States, and internationally. It operates through two segments, Data and Device Security, and Endpoint and Service Management. The company’s software-as-a-service solutions allow customers to secure endpoints, assess risk, and respond to security threats. Its products include Absolute Data and Device Security, a software-as-a-service solution that allows customers to monitor the security posture of their computing endpoints and respond to security threats; and Absolute Mobile Theft Management that combines security technology and on-site student safety programs to track, locate, and recover the endpoints while ensuring the safety of students. The company also offers Persistence Services, which leverages its Persistence technology to maintain the installation and integrity of any endpoint software agent on a customer’s computing endpoints. The company markets its products and services through original equipment manufacturers, distributors, value added resellers, and online and traditional retailers, as well as directly to corporations, government entities, educational institutions, and consumers. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada.

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$312.77 million
  • Outstanding Shares: 39,491,000
Average Prices:
  • 50 Day Moving Avg: C$7.96
  • 200 Day Moving Avg: C$7.64
  • 52 Week Range: C$5.81 - C$8.42
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$90.04 million
  • Price / Sales: 3.47
  • Book Value: C($1.27) per share
  • Price / Book: -6.24
Dividend:
  • Dividend Yield: 4.1%
Profitability:
  • EBIDTA: C$11.55 million
  • Net Margins: -0.98%
  • Return on Assets: -0.95%
Misc:
  • Average Volume: 54,048 shs.
  • Short Ratio: 30.13
 
Frequently Asked Questions for Absolute Software (TSE:ABT)

What is Absolute Software's stock symbol?

Absolute Software trades on the Tornton 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 announced a quarterly dividend on Friday, July 21st. Stockholders 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 dividend yield of 4.04%. The ex-dividend date is Wednesday, August 2nd. This is a boost 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) posted its quarterly earnings results on Monday, August, 18th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The firm earned $25.43 million during 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 Thursday, August, 17th 2017. View Earnings Estimates for Absolute Software.

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

5 analysts have issued 12-month target prices for Absolute Software's shares. Their predictions range from C$6.00 to C$9.00. On average, they expect Absolute Software's stock price to reach C$7.70 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
  • Todd Chronert, Vice President - Americas Sales
  • Christopher S. Bolin, Chief Product Officer
  • Sean Maxwell, Chief Commercial Officer
  • Arthur Mesher, Director
  • Josef Vejvoda, Director
  • Salvatore Visca, 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$7.92.


MarketBeat Community Rating for Absolute Software (TSE ABT)
Community Ranking:  3.3 out of 5 (  )
Outperform Votes:  144 (Vote Outperform)
Underperform Votes:  76 (Vote Underperform)
Total Votes:  220
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: 1 Sell Rating, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: C$7.70

Analysts' Ratings History for Absolute Software (TSE:ABT)
Show:
DateFirmActionRatingPrice TargetDetails
5/9/2017BMO Capital MarketsBoost Price TargetMarket PerformC$7.50 -> C$8.50View Rating Details
5/9/2017Pi FinancialBoost Price TargetBuyC$7.75 -> C$9.00View Rating Details
5/9/2017ScotiabankBoost Price TargetSector PerformC$7.50 -> C$8.00View Rating Details
11/8/2016National Bank FinancialLower Price TargetUnderperformC$6.50 -> C$6.00View 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
2/3/2016Canaccord GenuityBoost Price TargetBuyC$9.00 -> C$10.00View Rating Details
(Data available from 8/16/2015 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
8/17/2017N/AView Earnings Details
8/18/2014$0.02$0.02$24.29 million$25.43 millionViewN/AView Earnings Details
5/12/2014$0.02$0.03$24.15 million$26.25 millionViewN/AView Earnings Details
2/11/2014Q2 14$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
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
finance.yahoo.com logoResearch Initiated on Technology Stocks: MacDonald Dettwiler and Associates, Absolute Software, Descartes Systems Group, and GoldMoney
finance.yahoo.com - June 28 at 3:40 PM
finance.yahoo.com logoAbsolute Now Integrated with Microsoft Azure Information Protection Enabling User-Based Access Control to Protect Proprietary Data
finance.yahoo.com - June 21 at 3:37 PM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bearish Manner : ABT-CA : June 19, 2017
finance.yahoo.com - June 19 at 3:18 PM
finance.yahoo.com logoNew Ponemon Study Finds Traditional Endpoint Security Approaches Are Ineffective, Costing the Average Enterprise $6 Million+ Per Year
finance.yahoo.com - June 13 at 8:21 AM
finance.yahoo.com logoAbsolute Enables Enterprises to Harden Mobile Endpoint Security with Persistent Awareness and Remediation of Android Devices and Endpoint Agents
finance.yahoo.com - June 8 at 3:19 PM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bullish Manner : ABT-CA : May 22, 2017
finance.yahoo.com - May 22 at 3:15 PM
americanbankingnews.com logoAbsolute Software (ABT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 22 at 7:58 AM
finance.yahoo.com logoEdited Transcript of ABT.TO earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 14 at 10:27 AM
americanbankingnews.com logoNational Bank Financial Weighs in on Absolute Software's FY2017 Earnings (ABT)
www.americanbankingnews.com - May 12 at 12:32 PM
finance.yahoo.com logoAbsolute Software Corp. – Value Analysis (TORONTO:ABT) : May 11, 2017
finance.yahoo.com - May 11 at 8:23 PM
finance.yahoo.com logoAbsolute to Present at B. Riley & Co.’s 18th Annual Investor Conference
finance.yahoo.com - May 11 at 9:24 AM
finance.yahoo.com logoAbsolute Software Corp. breached its 50 day moving average in a Bearish Manner : ABT-CA : May 10, 2017
finance.yahoo.com - May 10 at 9:39 AM
finance.yahoo.com logoAbsolute Reports Fiscal 2017 Third Quarter Financial Results
finance.yahoo.com - May 8 at 8:18 PM
americanbankingnews.com logoAbsolute Software (ABT) Set to Announce Earnings on Monday
www.americanbankingnews.com - May 5 at 8:08 PM
finance.yahoo.com logoAbsolute Security Posture Dashboard Eliminates Endpoint Blind Spots, Arming IT Security and Compliance Pros to Protect Data and Achieve Compliance
finance.yahoo.com - May 1 at 11:58 AM
americanbankingnews.com logoAbsolute Software (ABT) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 25 at 1:16 PM
finance.yahoo.com logoAbsolute to Host Conference Call for Fiscal 2017 Third Quarter Financial Results
finance.yahoo.com - April 24 at 11:18 AM
finance.yahoo.com logoResearch Reports Initiated on Technology Stocks MacDonald Dettwiler and Associates, Absolute Software, Descartes ... - Yahoo Finance
finance.yahoo.com - April 18 at 5:57 AM
americanbankingnews.com logoAbsolute Software (ABT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 30 at 1:22 PM
americanbankingnews.com logoMark Grace Buys 1,785 Shares of Absolute Software (ABT) Stock
www.americanbankingnews.com - March 23 at 4:29 PM
finance.yahoo.com logoAbsolute to Present at AGC’s 2017 Information Security & Broader Technology Growth Conference
finance.yahoo.com - February 8 at 3:21 PM
finance.yahoo.com logoSecurity Industry Veteran Todd Chronert Joins Absolute to Lead Enterprise Sales for the Americas
finance.yahoo.com - February 7 at 3:17 PM
finance.yahoo.com logoAbsolute Application Persistence Product Extends Embedded Self-Healing Capabilities to Third-Party Endpoint Security and Management Applications
finance.yahoo.com - February 7 at 3:17 PM
finance.yahoo.com logoTop Healthcare Organization Chooses Absolute Self-Healing Endpoint Security Product to Secure more than 100,000 Endpoint Devices, Protect Patient Data and Ensure Compliance
finance.yahoo.com - February 6 at 8:21 PM
biz.yahoo.com logoQ2 2017 Absolute Software Corp Earnings Release - 4:00 pm ET
biz.yahoo.com - February 6 at 3:19 PM
finance.yahoo.com logoMorning News Call - Canada, February 3
finance.yahoo.com - February 4 at 1:20 AM
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
finance.yahoo.com logoAbsolute to Host Conference Call for Fiscal 2017 Second Quarter Financial Results
finance.yahoo.com - January 23 at 3:17 PM
finance.yahoo.com logoAbsolute Declares Quarterly Dividend
finance.yahoo.com - January 20 at 3:13 PM

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Chart

Absolute Software (ABT) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff