Absolute Software Corporation (ABST.CA) Forecast, Price Target & Analyst Ratings

TSX:ABST • CA00386B1094

Current stock price

15.2 CAD
+0.01 (+0.07%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Absolute Software Corporation (ABST.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$14.28
-6.05% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 8, 2022
Period
Q4 / 2023
EPS Estimate
-$0.05
Revenue Estimate
62.273M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$14.28
Upside
-6.05%
From current price of CA$15.20 to mean target of CA$14.28, Based on 7 analyst forecasts
Low
CA$14.14
Median
CA$14.28
High
CA$14.70

Price Target Revisions

1 Month
-1.33%
3 Months
-1.19%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for ABST.CA. The average price target is 14.28 CAD. This implies a price decrease of -6.05% is expected in the next year compared to the current price of 15.2.
The average price target has been revised downward by 1.19% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ABST Current Analyst RatingABST Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

ABST Historical Analyst RatingsABST Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
82.86%
ABST.CA was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about ABST.CA.
In the previous month the buy percentage consensus was at a similar level.
ABST.CA was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-09TD ResearchMaintains Buy
2022-09-14Needham & Company LLCInitiate Buy
2022-08-24BMO FinancialUpgrade Market Perform
2022-08-24TD ResearchUpgrade Buy
2022-08-24STA ResearchMaintains Hold
2022-08-24Needham & Company LLCMaintains Buy
2022-06-17Needham & Company LLCDowngrade Buy
2022-05-11BMO FinancialDowngrade Market Perform
2022-05-11TD ResearchDowngrade Buy
2022-02-09BMO FinancialDowngrade Market Perform
2022-02-09TD ResearchUpgrade Buy
2021-11-11TDNewcrestDowngrade Hold
2021-09-15Needham & Company LLCInitiate Buy
2021-08-11BMO Capital MarketsDowngrade
2021-07-23National Bank FinancialInitiate Sector Perform
2021-07-22National Bank FinancialUpgrade Sector Perform
2021-05-13National Bank FinancialReiterate Sector Perform
2021-05-13TD SecuritiesUpgrade Buy
2021-05-12National Bank FinancialUpgrade
2021-05-12BMO Capital MarketsDowngrade Market Perform
2021-02-11BMO Capital MarketsUpgrade
2021-02-11TD SecuritiesUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 8, 2022
Period
Q4 / 2023
EPS Estimate
-$0.05
Revenue Estimate
62.273M
Revenue Q2Q
18.55%
EPS Q2Q
49.00%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.62%
EPS (1 Month)
0.00%
EPS (3 Months)
-7.14%

Next Earnings Summary

ABST.CA is expected to report earnings on 2/8/2022. The consensus EPS estimate for the next earnings is -0.05 CAD and the consensus revenue estimate is 62.27M CAD.
The next earnings revenue estimate has been revised downward by 0.62% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
ABST.CA revenue by date.ABST.CA revenue by date.
104.7M
5.86%		120.784M
15.36%		197.311M
63.36%		236.71M
19.97%		265.7M
12.25%		300.82M
13.22%
EBITDA
YoY % growth
ABST.CA ebitda by date.ABST.CA ebitda by date.
29.21M
24.67%		22.315M
-23.60%		31.812M
42.56%		56.961M
79.06%		66.694M
17.09%		80.014M
19.97%
EBIT
YoY % growth
ABST.CA ebit by date.ABST.CA ebit by date.
15.3M
40.37%		5.629M
-63.21%		-7.145M
-226.93%		916.98K
112.83%		16.435M
1,692.30%		28.288M
72.12%
Operating Margin
ABST.CA operating margin by date.ABST.CA operating margin by date.
14.61%4.66%-3.62%0.39%6.19%9.40%
EPS
YoY % growth
ABST.CA eps by date.ABST.CA eps by date.
0.24
33.33%		0.08
-66.67%		-0.48
-700.00%		-0.44
7.92%		-0.10
76.92%		0.05
150.00%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		-0.05
49.00%		-0.12
32.00%		-0.09
29.38%		-0.02
80.88%		0.02
140.00%
Revenue
Q2Q % growth		62.273M
18.55%		61.751M
15.28%		65.689M
14.85%		68.882M
17.20%		71.714M
15.16%
EBITDA
Q2Q % growth		16.789M
-59.02%		13.853M
336.04%		14.849M
-18.95%		17.121M
-42.52%		19.12M
13.88%
EBIT
Q2Q % growth		5.017M
149.85%		916.98K
115.57%		1.138M
274.27%		4.569M
157.84%		7.379M
47.08%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ABST.CA Yearly Revenue VS EstimatesABST.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
ABST.CA Yearly EPS VS EstimatesABST.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0.2 -0.2 -0.4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
28.18%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
11.95%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
133.87%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Absolute Software Corporation / ABST.CA Forecast FAQ

What do analysts expect the price target to be for Absolute Software Corporation (ABST.CA)?

7 analysts have analysed ABST.CA and the average price target is 14.28 CAD. This implies a price decrease of -6.05% is expected in the next year compared to the current price of 15.2.

When does Absolute Software Corporation (ABST.CA) report earnings?

Absolute Software Corporation (ABST.CA) will report earnings on 2022-02-08.

Can you provide the consensus estimates for Absolute Software Corporation next earnings?

The consensus EPS estimate for the next earnings of Absolute Software Corporation (ABST.CA) is -0.05 CAD and the consensus revenue estimate is 62.27M CAD.

How many analysts have analysed Absolute Software Corporation (ABST.CA)?

The number of analysts covering Absolute Software Corporation (ABST.CA) is 7.