Absolute Software (TSE:ABT) – Equities research analysts at National Bank Financial issued their Q1 2017 earnings estimates for Absolute Software in a research note issued on Monday. National Bank Financial analyst R. Tse forecasts that the firm will post earnings per share of $0.00 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.
ABT has been the subject of several other reports. BMO Capital Markets dropped their price objective on Absolute Software from C$9.00 to C$8.50 and set a “market perform” rating for the company in a research note on Monday, August 22nd. Scotiabank downgraded Absolute Software from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from C$8.50 to C$8.00 in a research note on Monday, August 22nd. Finally, Imperial Capital raised their price target on Absolute Software from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 23rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of C$9.00.
Absolute Software (TSE:ABT) opened at 7.22 on Thursday. Absolute Software has a 52 week low of $5.75 and a 52 week high of $8.86. The stock has a 50 day moving average price of $7.42 and a 200 day moving average price of $7.03. The firm has a market cap of $281.34 million and a price-to-earnings ratio of 31.39.
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.
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