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Shares of The Advisory Board Company (NASDAQ:ABCO) have received an average rating of “Buy” from the ten analysts that are covering the company, Analyst Ratings News reports. Two investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $67.14.

A number of research firms have recently commented on ABCO. Analysts at FBR Capital Markets initiated coverage on shares of The Advisory Board Company in a research note on Thursday, August 14th. They set a “market perform” rating and a $50.00 price target on the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of The Advisory Board Company in a research note on Friday, August 1st. They now have a $55.00 price target on the stock, down previously from $57.00.

In other The Advisory Board Company news, Insider Hoose Mary Van sold 1,333 shares of The Advisory Board Company stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $50.76, for a total transaction of $67,663.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of The Advisory Board Company (NASDAQ:ABCO) opened at 50.78 on Wednesday. The Advisory Board Company has a one year low of $46.37 and a one year high of $70.55. The stock has a 50-day moving average of $50. and a 200-day moving average of $56.10. The company has a market cap of $1.843 billion and a P/E ratio of 105.13.

The Advisory Board Company (NASDAQ:ABCO) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.01. The company had revenue of $141.82 million for the quarter, compared to the consensus estimate of $141.95 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts predict that The Advisory Board Company will post $1.24 earnings per share for the current fiscal year.

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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