Advisory Board (ABCO) to Release Quarterly Earnings on Monday
Advisory Board (NASDAQ:ABCO) will be issuing its Q214 quarterly earnings data on Monday, November 4th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $127.96 million for the quarter.
Shares of Advisory Board (NASDAQ:ABCO) traded down 0.52% on Friday, hitting $68.24. The stock had a trading volume of 124,247 shares. Advisory Board has a 52-week low of $42.72 and a 52-week high of $70.55. The stock’s 50-day moving average is $63.00 and its 200-day moving average is $56.11. The company has a market cap of $2.446 billion and a price-to-earnings ratio of 114.52.
Several analysts have recently commented on the stock. Analysts at Craig Hallum initiated coverage on shares of Advisory Board in a research note to investors on Monday, October 14th. They set a “buy” rating on the stock. On a related note, analysts at Stephens initiated coverage on shares of Advisory Board in a research note to investors on Wednesday, October 2nd. They set an “overweight” rating on the stock. Finally, analysts at KeyCorp initiated coverage on shares of Advisory Board in a research note to investors on Monday, September 30th. They set a “buy” rating and a $72.00 price target on the stock. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Advisory Board has a consensus rating of “Buy” and a consensus price target of $64.00.
In other Advisory Board news, President David L. Felsenthal sold 6,437 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $67.97, for a total transaction of $437,522.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
The Advisory Board Company provides best practices research and analysis, software tools, and management and advisory services to the health care and education industries.
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