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ABT - Absolute Software Share Price

C$16.32 -0.2  -1.4%

Last Trade - 07/08/20

Sector
Technology
Size
Mid Cap
Market Cap £402.5m
Enterprise Value £380.8m
Revenue £78.2m
Position in Universe 288th / 2676
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +8.10%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -0.30%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
91.0 93.6 88.8 91.2 93.6 98.9 104.3 112.6 +1.7%
+102.1 +25.6 -66.8 +85.3 +26.2 +6.33
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 March 2020, Absolute Software Corp revenues increased 5% to $77.5M. Net income increased 52% to $8.4M. Revenues reflect Cloud services segment increase of 57% to $71.5M, Managed professional services segment increase of 71% to $3.1M, United States segment increase of 3% to $66.4M, Rest Of World segment increase of 24% to $9.5M. Net income benefited from R & D decrease of 10% to $12M (expense).
Health Trend(F-Score)
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Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for ABT
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
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Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
ABT EPS Forecasts Unlock ABT Revenue
Profile Summary

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. The Company's solutions are delivered in a software as a service (SaaS) business model. The Company's solutions and technology include Absolute Data and Device Security (Absolute DDS), which enables customers to secure endpoints, asses risk and respond to security threats; Persistence Technology, and Persistence Services. The Company's Absolute DDS enables customers to monitor the security posture of their computing endpoints and respond to security threats. With Absolute DDS, customers can define security alerts based on changes in device attributes, such as software, data, hardware and users.

Directors
Last Annual June 30th, 2019
Last Interim March 31st, 2020
Incorporated November 24, 1993
Public Since March 28, 2000
No. of Shareholders: n/a
No. of Employees: 477
Sector Technology
Industry Software & IT Services
Index
Exchange Toronto Stock Exchange
Shares in Issue 42,535,495
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ABT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for ABT
Upcoming Events for ABT
Monday 10th August, 2020
Q4 2020 Absolute Software Corp Earnings Release
Monday 10th August, 2020
Q4 2020 Absolute Software Corp Earnings Call
Tuesday 11th August, 2020
Dividend For ABT.TO - 0.0800 CAD
Frequently Asked Questions for Absolute Software
What is the Absolute Software share price?

As of 07/08/20, shares in Absolute Software are trading at C$16.32, giving the company a market capitalisation of £402.5m. This share price information is delayed by 15 minutes.

How has the Absolute Software share price performed this year?

Shares in Absolute Software are currently trading at C$16.32 and the price has moved by 0.124k% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Absolute Software price has moved by 0.122k% over the past year.

What are the analyst and broker recommendations for Absolute Software?

Of the analysts with advisory recommendations for Absolute Software, there are there are currently 3 "buy" , 3 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Absolute Software is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Absolute Software next release its financial results?

Absolute Software is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Absolute Software dividend yield?

The Absolute Software dividend yield is 1.93% based on the trailing twelve month period.

Does Absolute Software pay a dividend?

Last year, Absolute Software paid a total dividend of 0.24, and it currently has a trailing dividend yield of 1.93%. Looking ahead, shares in Absolute Software are due to go ex-dividend on 2020-08-11 and the next dividend pay date is 2020-08-31.

When does Absolute Software next pay dividends?

Absolute Software are due to go ex-dividend on 2020-08-11 and the next dividend pay date is 2020-08-31. The historic dividend yield on Absolute Software shares is currently 1.93%.

How do I buy Absolute Software shares?

To buy shares in Absolute Software you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Absolute Software?

Shares in Absolute Software are currently trading at C$16.32, giving the company a market capitalisation of £402.5m.

Where are Absolute Software shares listed? Where are Absolute Software shares listed?

Here are the trading details for Absolute Software:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: ABT
What kind of share is Absolute Software?

Based on an overall assessment of its quality, value and momentum, Absolute Software is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Absolute Software share price forecast 2020?

Shares in Absolute Software are currently priced at C$16.32. At that level they are trading at 10.53% premium to the analyst consensus target price of 0.00.

Analysts covering Absolute Software currently have a consensus Earnings Per Share (EPS) forecast of 0.237 for the next financial year.

How can I tell whether the Absolute Software share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Absolute Software. Over the past six months, the relative strength of its shares against the market has been 75.3%. At the current price of C$16.32, shares in Absolute Software are trading at 58.01% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Absolute Software PE Ratio?

The Absolute Software PE ratio based on its reported earnings over the past 12 months is 50.5. The shares are currently trading at C$16.32.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Absolute Software?

Absolute Software's management team is headed by:

Errol Olsen - CFO
Daniel Ryan - CHM
Thomas Kenny - EVP
Gregory Monahan - IND
Salvatore Visca - DRC
Gerhard Watzinger - DRC
Arthur Mesher - DRC
Josef Vejvoda - DRC
Christopher Bolin - OTH
Sean Maxwell - OTH
Todd Chronert - VPR
Dean Coza - EVP
Christy Wyatt - CEO
Lynn Atchison - DRC
Leigh Ramsden - CFO
Dianne Lapierre - CIO
Who are the major shareholders of Absolute Software?

Here are the top five shareholders of Absolute Software based on the size of their shareholding:

Lynrock Lake LP Investment Advisor
Percentage owned: 15.67% (6.67m shares)
Trigran Investments, Inc. Hedge Fund
Percentage owned: 14.61% (6.21m shares)
Stadium Capital Management, LLC Hedge Fund
Percentage owned: 9.71% (4.13m shares)
Van Berkom & Associates Inc. Investment Advisor
Percentage owned: 4.91% (2.09m shares)
ETF Managers Group, LLC Investment Advisor
Percentage owned: 4.49% (1.91m shares)
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