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The Advisory Board Company (NASDAQ:ABCO) issued its quarterly earnings data on Thursday. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.01, Analyst Ratings Network reports. The company had revenue of $141.82 million for the quarter, compared to the consensus estimate of $141.95 million. During the same quarter last year, the company posted $0.31 earnings per share. The Advisory Board Company’s revenue was up 15.1% compared to the same quarter last year. The Advisory Board Company updated its FY15 guidance to $1.14-1.25 EPS.

In other The Advisory Board Company news, President David L. Felsenthal sold 4,272 shares of The Advisory Board Company stock on the open market in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $50.07, for a total transaction of $213,899.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

A number of research firms have recently commented on ABCO. Analysts at Zacks upgraded shares of The Advisory Board Company from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 9th. They now have a $52.50 price target on the stock. Finally, 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. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The Advisory Board Company presently has an average rating of “Buy” and an average target price of $66.07.

The Advisory Board Company (NASDAQ:ABCO) traded down 2.18% during mid-day trading on Thursday, hitting $50.14. 304,659 shares of the company’s stock traded hands. The Advisory Board Company has a one year low of $46.58 and a one year high of $70.55. The stock has a 50-day moving average of $51.04 and a 200-day moving average of $57.39. The company has a market cap of $1.835 billion and a P/E ratio of 76.51.

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

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