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Absolute Software (ABST) Stock

Profile

Full Name:

Absolute Software Corporation

Sector:

Technology

Country:

Canada

IPO:

08 September 2009

Indexes:

Not included

Description:

Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company's Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. As of July 27, 2023, Absolute Software Corporation was taken private.

Key Details

Annual Revenue

$197.31 M(+63.36% YoY)

Annual EPS

-$0.49(-800.00% YoY)

Annual ROE

-165.21%

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

Aug 23, 2023

Recent annual earnings:

Aug 23, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

May 10, 2023
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

03 Jan '22 TD Securities
Hold
03 Jan '22 Raymond James
Outperform
11 Aug '21 TD Securities
Hold
11 Aug '21 Raymond James
Outperform
12 May '21 Raymond James
Outperform
12 May '21 Canaccord Genuity
Buy
10 Feb '21 Raymond James
Outperform
15 Jan '21 Needham
Buy
23 Nov '20 Raymond James
Outperform
23 Nov '20 Needham
Buy

Screeners with ABST included

No data

Market Data

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Institutional Ownership

Similar stocks

Absolute Software: Accepting The Go-Private Offer May Be The Best Bet
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ABST
Seeking Alpha18 May 2023

Absolute Software has not met the expectations I outlined in a 2020 article. The company recently received a buyout offer from a private equity group.

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The Motley Fool11 May 2023

The cybersecurity specialist is being bought out by a strategic investor. That party is paying a premium of over 30% for the privilege.

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FAQ

  • What is the primary business of Absolute Software?
  • What is the ticker symbol for Absolute Software?
  • Does Absolute Software pay dividends?
  • What sector is Absolute Software in?
  • What industry is Absolute Software in?
  • What country is Absolute Software based in?
  • When did Absolute Software go public?
  • Is Absolute Software in the S&P 500?
  • Is Absolute Software in the NASDAQ 100?
  • Is Absolute Software in the Dow Jones?
  • When was Absolute Software's last earnings report?
  • When does Absolute Software report earnings?
  • Should I buy Absolute Software stock now?

What is the primary business of Absolute Software?

Absolute Software Corporation develops, markets, and provides software services that support the management and security of computing devices, applications, data, and networks for various organizations. The company's Absolute platform offer Absolute Visibility that provides information on device hardware, software, and location; Absolute Control that provide remediation capabilities, such as the ability to remotely freeze devices and delete data; Absolute Resilience, which offer remote scripting, self-healing for critical apps, investigation and recovery services, and sensitive data identification; Absolute Ransomware Response that enables organizations to assess their ransomware preparedness for endpoints, monitors their endpoint cyber hygiene across the entire device fleet and allows for an expedited endpoint recovery; Absolute VPN an enterprise solution; Absolute ZTNA that protects networks and employees with real time risk analysis; and Absolute Insights for Network provides real-time data about device, application, and network performance in a single pane of glass. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to healthcare organizations, educational institutions, governmental agencies, and individual consumers. It operates in North America, the United Kingdom, Vietnam, Germany, Australia, Japan, and Latin America. Absolute Software Corporation was incorporated in 1993 and is headquartered in Vancouver, Canada. As of July 27, 2023, Absolute Software Corporation was taken private.

What is the ticker symbol for Absolute Software?

The ticker symbol for Absolute Software is NASDAQ:ABST

Does Absolute Software pay dividends?

No, Absolute Software does not pay dividends

What sector is Absolute Software in?

Absolute Software is in the Technology sector

What industry is Absolute Software in?

Absolute Software is in the Software Application industry

What country is Absolute Software based in?

Absolute Software is headquartered in Canada

When did Absolute Software go public?

Absolute Software's initial public offering (IPO) was on 08 September 2009

Is Absolute Software in the S&P 500?

No, Absolute Software is not included in the S&P 500 index

Is Absolute Software in the NASDAQ 100?

No, Absolute Software is not included in the NASDAQ 100 index

Is Absolute Software in the Dow Jones?

No, Absolute Software is not included in the Dow Jones index

When was Absolute Software's last earnings report?

Absolute Software's most recent earnings report was on 23 August 2023

When does Absolute Software report earnings?

The date for Absolute Software's next earnings report has not been announced yet

Should I buy Absolute Software stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions