Absolute Software (TSE:ABT) – Equities research analysts at National Bank Financial issued their Q1 2017 earnings estimates for shares of Absolute Software in a research report issued on Monday. National Bank Financial analyst R. Tse anticipates that the firm will post earnings of $0.00 per share for the quarter. National Bank Financial currently has a “Underperform Overweight” rating on the stock. National Bank Financial also issued estimates for Absolute Software’s Q2 2017 earnings at $0.00 EPS, Q3 2017 earnings at ($0.01) EPS, Q4 2017 earnings at ($0.01) EPS and FY2017 earnings at ($0.04) EPS.
Other equities research analysts also recently issued research reports about the company. BMO Capital Markets cut their price objective on Absolute Software from C$9.00 to C$8.50 and set a “market perform” rating on the stock in a report on Monday, August 22nd. Imperial Capital boosted their price objective on Absolute Software from C$6.00 to C$7.00 and gave the company an “outperform” rating in a report on Tuesday, August 23rd. Finally, Scotiabank downgraded Absolute Software from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from C$8.50 to C$8.00 in a report on Monday, August 22nd. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Absolute Software currently has a consensus rating of “Buy” and a consensus target price of C$9.00.
Absolute Software (TSE:ABT) opened at 7.19 on Thursday. The firm has a 50-day moving average price of $7.39 and a 200 day moving average price of $7.03. Absolute Software has a 1-year low of $5.75 and a 1-year high of $8.86. The company has a market capitalization of $280.17 million and a P/E ratio of 31.26.
About Absolute Software
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.
Receive News & Ratings for Absolute Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Absolute Software and related companies with MarketBeat.com's FREE daily email newsletter.