Share on StockTwits

The Advisory Board Company (NASDAQ:ABCO) President David L. Felsenthal unloaded 4,272 shares of the stock on the open market in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $52.14, for a total value of $222,742.08. Following the completion of the sale, the president now directly owns 32,585 shares in the company, valued at approximately $1,698,982. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

The Advisory Board Company (NASDAQ:ABCO) traded down 1.11% during mid-day trading on Monday, hitting $51.65. 233,719 shares of the company’s stock traded hands. The Advisory Board Company has a 52 week low of $46.58 and a 52 week high of $70.55. The stock has a 50-day moving average of $50.35 and a 200-day moving average of $58.89. The company has a market cap of $1.890 billion and a P/E ratio of 77.96.

The Advisory Board Company (NASDAQ:ABCO) last released its earnings data on Thursday, May 8th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.04. The company had revenue of $138.00 million for the quarter, compared to the consensus estimate of $137.01 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 15.3% on a year-over-year basis. Analysts expect that The Advisory Board Company will post $1.26 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of The Advisory Board Company from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 27th. They now have a $46.30 price target on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of The Advisory Board Company in a research note on Friday, May 9th. They now have a $57.00 price target on the stock, down previously from $68.00. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of The Advisory Board Company in a research note on Tuesday, April 15th. They now have a $68.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. The Advisory Board Company has a consensus rating of “Buy” and an average price target of $65.19.

The Advisory Board Companyprovides best practices research and analysis, software tools, and management and advisory services to the health care and education industries.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.