Absolute Software (TSE:ABT) – Stock analysts at National Bank Financial issued their Q2 2018 earnings per share estimates for Absolute Software in a report issued on Monday. National Bank Financial analyst R. Tse expects that the company will post earnings of $0.00 per share for the quarter. National Bank Financial has a “Sector Perform” rating and a $7.00 price objective on the stock.
Other research analysts also recently issued reports about the company. Canaccord Genuity dropped their price target on Absolute Software from C$8.00 to C$7.50 in a research report on Tuesday, November 14th. TD Securities dropped their price target on 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. Imperial Capital downgraded Absolute Software from an “outperform” rating to an “in-line” rating in a research report on Wednesday, January 17th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a C$8.00 price target on shares of Absolute Software in a research report on Tuesday, November 14th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of C$7.71.
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Friday, February 2nd will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 4.55%. The ex-dividend date of this dividend is Thursday, February 1st. Absolute Software’s dividend payout ratio is currently -173.92%.
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Absolute Software Company Profile
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.
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