News stories about The Advisory Board (NASDAQ:ABCO) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. The Advisory Board earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.9029961472374 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Nelnet (NNI) versus The Advisory Board (ABCO) Critical Comparison (americanbankingnews.com)
- Stocks With Rising Relative Strength: Advisory Board Company (finance.yahoo.com)
- Zacks: Brokerages Expect The Advisory Board Company (ABCO) Will Announce Quarterly Sales of $202.29 Million (americanbankingnews.com)
- The Advisory Board Company (ABCO) Set to Announce Quarterly Earnings on Monday (americanbankingnews.com)
- Cappasity Starts ARToken crowdsale and Adds Cryptocurrency Expert David Drake to its Advisory Board (feeds.benzinga.com)
ABCO has been the subject of a number of recent research reports. Zacks Investment Research upgraded The Advisory Board from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Tuesday, July 4th. Stifel Nicolaus reiterated a “hold” rating and set a $53.00 price objective (up previously from $48.00) on shares of The Advisory Board in a research report on Thursday, July 6th. KeyCorp reiterated a “hold” rating on shares of The Advisory Board in a research report on Friday, September 1st. Cantor Fitzgerald reiterated a “hold” rating and set a $54.00 price objective (up previously from $45.00) on shares of The Advisory Board in a research report on Tuesday, August 29th. Finally, Canaccord Genuity downgraded The Advisory Board from a “buy” rating to a “hold” rating and cut their price objective for the company from $56.00 to $54.29 in a research report on Tuesday, August 29th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $51.95.
The Advisory Board (ABCO) remained flat at $53.90 during mid-day trading on Friday. 553,924 shares of the company’s stock traded hands. The firm has a 50-day moving average of $53.69 and a 200-day moving average of $52.48. The company has a market capitalization of $2.20 billion, a P/E ratio of 20.49 and a beta of 1.33. The Advisory Board has a 12-month low of $24.85 and a 12-month high of $59.50.
The Advisory Board (NASDAQ:ABCO) last issued its quarterly earnings results on Tuesday, August 8th. The business services provider reported $0.24 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.08). The Advisory Board had a return on equity of 12.69% and a net margin of 13.65%. The business had revenue of $200.30 million for the quarter, compared to the consensus estimate of $196.16 million. During the same period last year, the firm earned $0.46 earnings per share. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. Equities research analysts expect that The Advisory Board will post $1.90 earnings per share for the current fiscal year.
The Advisory Board Company Profile
The Advisory Board Company is a provider of software and solutions to the healthcare and higher education industries. The Company offers subscription-based membership programs, software and data-enabled services. All of its programs are rooted in best practices and extends across four areas, including Best practices research, Technology, Data-enabled services and Consulting services.
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