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Absolute Software Corporation is a software-application business based in the US. Absolute Software Corporation shares (ABST) are listed on the NASDAQ and all prices are listed in US Dollars. Absolute Software Corporation employs 526 staff and has a trailing 12-month revenue of around USD$111.6 million.
|52-week range||USD$7.3238 - USD$16.47|
|50-day moving average||USD$14.2838|
|200-day moving average||USD$12.2096|
|Wall St. target price||N/A|
|Dividend yield||USD$0.25 (1.86%)|
|Earnings per share (TTM)||N/A|
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Absolute Software Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Absolute Software Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Absolute Software Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 47x. In other words, Absolute Software Corporation shares trade at around 47x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Absolute Software Corporation's P/E ratio is best considered in relation to those of others within the software-application industry or those of similar companies.
Absolute Software Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$18.2 million.
The EBITDA is a measure of a Absolute Software Corporation's overall financial performance and is widely used to measure a its profitability.
To put Absolute Software Corporation's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||USD$111.6 million|
|Operating margin TTM||13.43%|
|Gross profit TTM||USD$91.6 million|
|Return on assets TTM||5.87%|
|Return on equity TTM||0%|
|Market capitalisation||USD$735.9 million|
TTM: trailing 12 months
There are currently 767,596 Absolute Software Corporation shares held short by investors – that's known as Absolute Software Corporation's "short interest". This figure is 27.4% up from 602,417 last month.
There are a few different ways that this level of interest in shorting Absolute Software Corporation shares can be evaluated.
Absolute Software Corporation's "short interest ratio" (SIR) is the quantity of Absolute Software Corporation shares currently shorted divided by the average quantity of Absolute Software Corporation shares traded daily (recently around 189529.87654321). Absolute Software Corporation's SIR currently stands at 4.05. In other words for every 100,000 Absolute Software Corporation shares traded daily on the market, roughly 4050 shares are currently held short.
To gain some more context, you can compare Absolute Software Corporation's short interest ratio against those of similar companies.
However Absolute Software Corporation's short interest can also be evaluated against the total number of Absolute Software Corporation shares, or, against the total number of tradable Absolute Software Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Absolute Software Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Absolute Software Corporation shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Absolute Software Corporation shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Absolute Software Corporation.
Find out more about how you can short Absolute Software Corporation stock.
Dividend payout ratio: 122.86% of net profits
Recently Absolute Software Corporation has paid out, on average, around 122.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.86% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Absolute Software Corporation shareholders could enjoy a 1.86% return on their shares, in the form of dividend payments. In Absolute Software Corporation's case, that would currently equate to about $0.25 per share.
Absolute Software Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Absolute Software Corporation's most recent dividend payout was on 25 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 February 2021 (the "ex-dividend date").
Absolute Software Corporation's dividend payout ratio is perhaps best considered in relation to those of similar companies.
Over the last 12 months, Absolute Software Corporation's shares have ranged in value from as little as $7.3238 up to $16.47. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Absolute Software Corporation's is 0.8158. This would suggest that Absolute Software Corporation's shares are less volatile than average (for this exchange).
To put Absolute Software Corporation's beta into context you can compare it against those of similar companies.
Absolute Software Corporation develops, markets, and provides cloud-based endpoint visibility and control platform for the management and security of computing devices, applications, and data for enterprise and public sector organizations. The company offers the Absolute platform to provide the connectivity, visibility, and control of data and devices of the operating system; to recover automatically to a secure operational state without user intervention; to support various other security controls and productivity tools from decay and vulnerabilities; and to enable measurement of the health, compliance, and state of decay of endpoint security controls and productivity tools, as well as for reporting and analytics, geotechnology, and endpoint investigation and recovery applications. It also provides professional, technical support, and investigation services. The company markets its solutions through device original equipment manufacturers, distributors, and value added resellers, as well as directly to corporations, government entities, educational institutions, financial services, healthcare sectors, and consumers. It operates in North America, Europe, and Africa, as well as the Asia-Pacific and Latin American regions. Absolute Software Corporation was founded in 1993 and is headquartered in Vancouver, Canada.
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