Absolute 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: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:ABT
- CUSIP: N/A
- Web: www.absolute.com/
Capitalization:- Market Cap: C$315.14 million
- Outstanding Shares: 39,491,000
Average Prices:- 50 Day Moving Avg: C$7.92
- 200 Day Moving Avg: C$7.51
- 52 Week Range: C$5.81 - C$8.46
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$90.04 million
- Price / Sales: 3.50
- Book Value: C($1.27) per share
- Price / Book: -6.28
Dividend:
Profitability:- EBIDTA: C$11.55 million
- Net Margins: -0.98%
- Return on Assets: -0.95%
Misc:- Average Volume: 64,606 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 declared a quarterly dividend on Friday, July 21st. Investors of record on Friday, August 4th will be paid a dividend of 0.08 per share on Friday, August 25th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.01%. 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) issued its earnings results on Monday, August, 18th. The company reported $0.02 earnings per share for the quarter, meeting analysts' consensus estimates of $0.02. The business earned $25.43 million during the quarter, compared to analysts' expectations of $24.29 million. View Absolute Software's Earnings History.
Where is Absolute Software's stock going? Where will Absolute Software's stock price be in 2017?
5 equities research analysts have issued 1-year price targets for Absolute Software's stock. Their forecasts range from C$6.00 to C$9.00. On average, they anticipate 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?
Some companies that are related to Absolute Software include AGT Food and Ingredients (AGT), Crew Energy (CR), Acasta Enterprises (AEF), Canada Goose Holdings (GOOS), Alacer Gold Corp (ASR), DREAM Unlimited Corp (DRM), Rogers Sugar (RSI), Canaccord Genuity Group (CF), Theratechnologies (TH), Savaria (SIS), Bonterra Energy Corp (BNE), Sprott (SII), Sienna Senior Living (LW), Lundin Gold (LUG), AutoCanada (ACQ), Tamarack-Valley-Energy-Ltd (TVE), Trevali Mining Corp (TV) and Pengrowth Energy Corp (PGF).
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$7.98.
MarketBeat Community Rating for Absolute Software (TSE ABT)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.
Consensus Ratings for Absolute Software (TSE:ABT) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 5/9/2017 | BMO Capital Markets | Boost Price Target | Market Perform | C$7.50 -> C$8.50 |  |
| 5/9/2017 | Pi Financial | Boost Price Target | Buy | C$7.75 -> C$9.00 | |
| 5/9/2017 | Scotiabank | Boost Price Target | Sector Perform | C$7.50 -> C$8.00 | |
| 11/8/2016 | National Bank Financial | Lower Price Target | Underperform | C$6.50 -> C$6.00 | |
| 8/23/2016 | Imperial Capital | Boost Price Target | Outperform | C$6.00 -> C$7.00 | |
| 6/1/2016 | Cantor Fitzgerald | Lower Price Target | Buy | C$11.00 -> C$10.50 | |
| 5/11/2016 | Paradigm Capital | Boost Price Target | | C$9.00 -> C$10.00 | |
| 5/11/2016 | Cormark | Downgrade | Buy -> Market Perform | | |
| 2/3/2016 | Canaccord Genuity | Boost Price Target | Buy | C$9.00 -> C$10.00 | |
(Data available from 7/27/2015 forward)
Earnings History for Absolute Software (TSE:ABT)Earnings History by Quarter for Absolute Software (TSE ABT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/18/2014 | | $0.02 | $0.02 | $24.29 million | $25.43 million | View | N/A | |
| 5/12/2014 | | $0.02 | $0.03 | $24.15 million | $26.25 million | View | N/A | |
| 2/11/2014 | Q2 14 | | $0.01 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Absolute Software (TSE:ABT)2017 EPS Consensus Estimate: $0.10
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | $0.00 | $0.06 | $0.03 |
| Q2 2017 | 3 | $0.00 | $0.03 | $0.01 |
| Q3 2017 | 3 | ($0.01) | $0.06 | $0.03 |
| Q4 2017 | 3 | ($0.01) | $0.06 | $0.03 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Absolute Software (TSE ABT)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/21/2017 | Quarterly | $0.08 | | 8/2/2017 | 8/4/2017 | 8/25/2017 |
| 5/4/2015 | Quarterly | $0.07 | 2.81% | 5/4/2015 | 5/27/2015 | 5/27/2015 |
| 2/4/2015 | Quarterly | $0.07 | 3.28% | 2/4/2015 | 2/27/2015 | 2/27/2015 |
| 10/27/2014 | quarterly | $0.07 | 4.07% | 11/5/2014 | 11/7/2014 | 11/28/2014 |
| 7/29/2014 | quarterly | $0.06 | 3.55% | 8/5/2014 | 8/7/2014 | 8/28/2014 |
| 4/25/2014 | quarterly | $0.06 | 3.49% | 5/5/2014 | 5/7/2014 | 5/28/2014 |
| 1/27/2014 | quarterly | $0.06 | 3.36% | 2/5/2014 | 2/7/2014 | 2/28/2014 |
| 10/22/2013 | quarterly | $0.06 | | | 11/7/2013 | 11/28/2013 |
| 7/16/2013 | quarterly | $0.05 | | | 8/7/2013 | 8/28/2013 |
| 4/16/2013 | quarterly | $0.05 | | | 5/7/2013 | 5/28/2013 |
| 1/11/2013 | quarterly | $0.05 | | | 2/7/2013 | 2/28/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Absolute Software (TSE:ABT)Insider Trades by Quarter for Absolute Software (TSE:ABT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/21/2017 | Mark Grace | Insider | Buy | 1,785 | C$7.39 | C$13,191.15 | |
| 3/21/2016 | Eric Stuart Rosenfeld | Director | Buy | 36,400 | C$6.56 | C$238,784.00 | |
| 3/18/2016 | Gregory Rush Monahan | Director | Buy | 3,100 | C$6.34 | C$19,654.00 | |
| 3/15/2016 | Gregory Rush Monahan | Director | Buy | 14,000 | C$6.98 | C$97,720.00 | |
| 3/8/2016 | Gregory Rush Monahan | Director | Buy | 10,000 | C$6.99 | C$69,890.00 | |
| 3/1/2016 | Gregory Rush Monahan | Director | Buy | 600 | C$6.97 | C$4,182.00 | |
| 2/11/2016 | Gregory Rush Monahan | Director | Buy | 2,000 | C$5.95 | C$11,894.00 | |
| 2/10/2016 | Gregory Rush Monahan | Director | Buy | 5,000 | C$6.06 | C$30,300.00 | |
| 2/9/2016 | Eric Stuart Rosenfeld | Director | Buy | 10,000 | C$5.84 | C$58,400.00 | |
| 2/8/2016 | Eric Stuart Rosenfeld | Director | Buy | 27,900 | C$5.94 | C$165,698.10 | |
| 2/5/2016 | Eric Stuart Rosenfeld | Director | Buy | 27,500 | C$6.00 | C$164,945.00 | |
| 12/15/2015 | J. Ian Giffen | Director | Buy | 5,000 | C$0.00 | C$0.00 | |
| 12/3/2015 | J. Ian Giffen | Director | Buy | 5,000 | C$0.00 | C$0.00 | |
| 11/26/2015 | Errol Olsen | Insider | Sell | 7,500 | C$8.63 | C$64,725.00 | |
| 3/20/2015 | Martin Bestmann | Insider | Sell | 18,100 | C$0.00 | C$0.00 | |
| 3/19/2015 | Martin Bestmann | Insider | Sell | 2,700 | C$0.00 | C$0.00 | |
| 3/4/2015 | Martin Bestmann | Insider | Sell | 20,000 | C$0.00 | C$0.00 | |
| 3/2/2015 | Martin Bestmann | Insider | Sell | 15,500 | C$0.00 | C$0.00 | |
| 2/26/2015 | Martin Bestmann | Insider | Sell | 15,000 | C$0.00 | C$0.00 | |
| 2/23/2015 | Martin Bestmann | Insider | Sell | 30,000 | C$0.00 | C$0.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Absolute Software (TSE:ABT)
Latest Headlines for Absolute Software (TSE:ABT)
| Source: |
|
| Date | Headline |
|---|
 | Absolute 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 |
| Absolute Software Corp. – Value Analysis (TORONTO:ABT) : July 4, 2017
finance.yahoo.com - July 4 at 8:41 PM |
| Absolute 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 |
| Research Initiated on Technology Stocks: MacDonald Dettwiler and Associates, Absolute Software, Descartes Systems Group, and GoldMoney
finance.yahoo.com - June 28 at 3:40 PM |
| Absolute 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 |
| Absolute 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 |
| New 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 |
| Absolute 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 |
| Absolute 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 |
 | Absolute Software (ABT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 22 at 7:58 AM |
| Edited Transcript of ABT.TO earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 14 at 10:27 AM |
| National Bank Financial Weighs in on Absolute Software's FY2017 Earnings (ABT)
www.americanbankingnews.com - May 12 at 12:32 PM |
| Absolute Software Corp. – Value Analysis (TORONTO:ABT) : May 11, 2017
finance.yahoo.com - May 11 at 8:23 PM |
| Absolute to Present at B. Riley & Co.’s 18th Annual Investor Conference
finance.yahoo.com - May 11 at 9:24 AM |
| Absolute 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 |
| Absolute Reports Fiscal 2017 Third Quarter Financial Results
finance.yahoo.com - May 8 at 8:18 PM |
| Absolute Software (ABT) Set to Announce Earnings on Monday
www.americanbankingnews.com - May 5 at 8:08 PM |
| Absolute 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 |
| Absolute Software (ABT) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 25 at 1:16 PM |
| Absolute to Host Conference Call for Fiscal 2017 Third Quarter Financial Results
finance.yahoo.com - April 24 at 11:18 AM |
| Research Reports Initiated on Technology Stocks MacDonald Dettwiler and Associates, Absolute Software, Descartes ... - Yahoo Finance
finance.yahoo.com - April 18 at 5:57 AM |
| Absolute Software (ABT) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - March 30 at 1:22 PM |
| Mark Grace Buys 1,785 Shares of Absolute Software (ABT) Stock
www.americanbankingnews.com - March 23 at 4:29 PM |
| Absolute to Present at AGC’s 2017 Information Security & Broader Technology Growth Conference
finance.yahoo.com - February 8 at 3:21 PM |
| Security Industry Veteran Todd Chronert Joins Absolute to Lead Enterprise Sales for the Americas
finance.yahoo.com - February 7 at 3:17 PM |
| Absolute 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 |
| Top 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 |
| Q2 2017 Absolute Software Corp Earnings Release - 4:00 pm ET
biz.yahoo.com - February 6 at 3:19 PM |
| Morning News Call - Canada, February 3
finance.yahoo.com - February 4 at 1:20 AM |
 | Absolute to Host Conference Call for Fiscal 2017 Second Quarter ... - Business Wire (press release)
www.businesswire.com - January 23 at 3:17 PM |
| Absolute to Host Conference Call for Fiscal 2017 Second Quarter Financial Results
finance.yahoo.com - January 23 at 3:17 PM |
| Absolute Declares Quarterly Dividend
finance.yahoo.com - January 20 at 3:13 PM |
Absolute Software (ABT) Chart for Thursday, July, 27, 2017
