Absolute Software (TSE:ABT) is set to release its earnings data after the market closes on Monday, February 4th. Analysts expect Absolute Software to post earnings of C$0.04 per share for the quarter.
Absolute Software (TSE:ABT) last posted its quarterly earnings data on Friday, November 2nd. The company reported C$0.04 earnings per share for the quarter. The business had revenue of C$31.76 million during the quarter.
ABT opened at C$8.22 on Friday. Absolute Software has a 1-year low of C$6.06 and a 1-year high of C$8.65.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 27th. Stockholders of record on Wednesday, February 6th will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, February 5th. This represents a $0.32 annualized dividend and a dividend yield of 3.89%. Absolute Software’s dividend payout ratio is 222.02%.
Several research firms have recently weighed in on ABT. National Bank Financial increased their price objective on Absolute Software from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a research report on Friday, January 25th. BMO Capital Markets increased their price objective on Absolute Software from C$8.00 to C$8.50 in a research report on Monday, November 5th. Finally, TD Securities increased their price objective on Absolute Software from C$8.00 to C$8.50 and gave the company a “hold” rating in a research report on Monday, November 5th.
In related news, insider Pamela Hester Oneal sold 4,271 shares of the firm’s stock in a transaction on Monday, November 26th. The stock was sold at an average price of C$8.14, for a total value of C$34,765.94. Over the last ninety days, insiders sold 17,545 shares of company stock valued at $70,642.
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Absolute Software Company Profile
Absolute Software Corporation develops, markets, and supports endpoint management and data security solutions for endpoint computing devices in Canada, the United States, and internationally. Its software-as-a-service solutions enable customers to secure endpoints, assess risk, and respond to security threats.
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