Logo image of ABST

ABSOLUTE SOFTWARE CORPORATIO (ABST) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:ABST - CA00386B1094 - Common Stock

11.49 USD
-0.01 (-0.09%)
Last: 7/26/2023, 8:09:16 PM
11.49 USD
0 (0%)
After Hours: 7/26/2023, 8:09:16 PM

ABST Key Statistics, Chart & Performance

Key Statistics
Market Cap610.35M
Revenue(TTM)222.06M
Net Income(TTM)-25.79M
Shares53.12M
Float52.02M
52 Week High12.59
52 Week Low7.39
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-0.49
PEN/A
Fwd PEN/A
Earnings (Next)08-21 2023-08-21/amc
IPO2000-03-28
Sector
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustrySystems Software


ABST short term performance overview.The bars show the price performance of ABST in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 10 20 30 40

ABST long term performance overview.The bars show the price performance of ABST in the last 1, 2 and 3 years. 1 year 2 years 3 years 5 10 15 20

The current stock price of ABST is 11.49 USD. In the past month the price increased by 1.23%. In the past year, price increased by 24.22%.

ABSOLUTE SOFTWARE CORPORATIO / ABST Daily stock chart

ABST Competitors/Peers

The largest stocks on the US markets in the "Systems Software" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
MSFT MICROSOFT CORP 33.41 3.59T
ORCL ORACLE CORP 27.95 549.75B
PANW PALO ALTO NETWORKS INC 55.56 135.15B
CRWD CROWDSTRIKE HOLDINGS INC - A 131.21 120.73B
FTNT FORTINET INC 29.64 59.51B
ZS ZSCALER INC 66.62 36.86B
NOW SERVICENOW INC 45.45 31.31B
GEN GEN DIGITAL INC 10.83 16.10B
RBRK RUBRIK INC-A N/A 15.18B
PATH UIPATH INC - CLASS A 26.24 9.47B
FROG JFROG LTD 79.7 7.45B
NTSK NETSKOPE INC-CL A N/A 6.74B

About ABST

Company Profile

ABST logo image Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. The company is headquartered in Vancouver, British Columbia and currently employs 740 full-time employees. The company went IPO on 2000-03-28. The firm is engaged in the development, marketing and provision of software services that support the management and security of computing devices, applications, data and networks for a variety of organizations in various global territories. Its Absolute platform is a cloud-based endpoint visibility and control solution that allows users to see all their devices and applications, secure their data and prove compliance. The company offers its solutions to various industries such as Healthcare, Government, K-12 Education, Professional services, Higher Education and Financial services. The Secure Endpoint product portfolio enables IT and security personnel to monitor and address laptop computer’s problems and ensures the laptops and their mission-critical applications to self-heal. Its products include Absolute Visibility, Absolute Control, Absolute Resilience and Absolute Ransomware Response, Absolute VPN, ZTNA and Insights for Network.

Company Info

ABSOLUTE SOFTWARE CORPORATIO

1055 Dunsmuir Street, Suite 1400

Vancouver BRITISH COLUMBIA 49211 CA

CEO: Christy Wyatt

Employees: 740

ABST Company Website

Phone: 16047309851.0

ABSOLUTE SOFTWARE CORPORATIO / ABST FAQ

Can you describe the business of ABSOLUTE SOFTWARE CORPORATIO?

Absolute Software Corp. engages in the provision of cloud-based service that supports the management and security of computing devices, applications, and data for a variety of organizations. The company is headquartered in Vancouver, British Columbia and currently employs 740 full-time employees. The company went IPO on 2000-03-28. The firm is engaged in the development, marketing and provision of software services that support the management and security of computing devices, applications, data and networks for a variety of organizations in various global territories. Its Absolute platform is a cloud-based endpoint visibility and control solution that allows users to see all their devices and applications, secure their data and prove compliance. The company offers its solutions to various industries such as Healthcare, Government, K-12 Education, Professional services, Higher Education and Financial services. The Secure Endpoint product portfolio enables IT and security personnel to monitor and address laptop computer’s problems and ensures the laptops and their mission-critical applications to self-heal. Its products include Absolute Visibility, Absolute Control, Absolute Resilience and Absolute Ransomware Response, Absolute VPN, ZTNA and Insights for Network.


What is the stock price of ABSOLUTE SOFTWARE CORPORATIO today?

The current stock price of ABST is 11.49 USD. The price decreased by -0.09% in the last trading session.


Does ABSOLUTE SOFTWARE CORPORATIO pay dividends?

ABST does not pay a dividend.


What is the ChartMill technical and fundamental rating of ABST stock?

ABST has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


How is the market expecting ABST stock to perform?

11 analysts have analysed ABST and the average price target is 10.67 USD. This implies a price decrease of -7.16% is expected in the next year compared to the current price of 11.49.


Can you provide the ownership details for ABST stock?

You can find the ownership structure of ABSOLUTE SOFTWARE CORPORATIO (ABST) on the Ownership tab.


ABST Technical Analysis

ChartMill assigns a technical rating of 8 / 10 to ABST. When comparing the yearly performance of all stocks, ABST is one of the better performing stocks in the market, outperforming 93.37% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

ABST Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to ABST. ABST has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

ABST Financial Highlights

Over the last trailing twelve months ABST reported a non-GAAP Earnings per Share(EPS) of -0.49. The EPS decreased by -11.36% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity N/A
Chartmill High Growth Momentum
EPS Q2Q%38.46%
Sales Q2Q%13.05%
EPS 1Y (TTM)-11.36%
Revenue 1Y (TTM)25.77%

ABST Forecast & Estimates

11 analysts have analysed ABST and the average price target is 10.67 USD. This implies a price decrease of -7.16% is expected in the next year compared to the current price of 11.49.

For the next year, analysts expect an EPS growth of 7.92% and a revenue growth 10.4% for ABST


Analysts
Analysts81.82
Price Target10.67 (-7.14%)
EPS Next Y7.92%
Revenue Next Year10.4%

ABST Ownership

Ownership
Inst Owners66.33%
Ins OwnersN/A
Short Float %N/A
Short RatioN/A