Absolute Software (ABT) Set to Announce Earnings on Tuesday

Absolute Software (TSE:ABT) will be releasing its earnings data after the market closes on Tuesday, February 13th.

Shares of Absolute Software (TSE:ABT) opened at C$6.97 on Tuesday. The firm has a market capitalization of $276.59, a PE ratio of -49.79 and a beta of 0.60. Absolute Software has a 52 week low of C$6.60 and a 52 week high of C$8.82.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 2nd will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, February 1st. This represents a $0.32 annualized dividend and a dividend yield of 4.59%. Absolute Software’s dividend payout ratio is presently -173.92%.

ABT has been the topic of several research analyst reports. TD Securities reduced their price target on shares of Absolute Software from C$8.00 to C$7.00 and set a “hold” rating on the stock in a research report on Tuesday, November 14th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$8.00 price target on shares of Absolute Software in a research report on Tuesday, November 14th. National Bank Financial reduced their price target on shares of Absolute Software from C$8.00 to C$7.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 14th. Canaccord Genuity reduced their price target on shares of Absolute Software from C$8.00 to C$7.50 in a research report on Tuesday, November 14th. Finally, Imperial Capital cut shares of Absolute Software from an “outperform” rating to an “in-line” rating in a research report on Wednesday, January 17th. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of C$7.71.

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About Absolute Software

Absolute Software Corporation is engaged in the development, marketing and support of endpoint security and data risk management solutions to commercial, healthcare, education and government customers. The Company operates through Data and Device Security segment. The Company offers solutions for devices, such as computers, laptops, tablets and smartphones.

Earnings History for Absolute Software (TSE:ABT)

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