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Absolute Software NasdaqGS:ABST Stock Report

Last Price

US$11.49

Market Cap

US$608.9m

7D

0.2%

1Y

24.2%

Updated

28 Jul, 2023

Data

Company Financials +

Absolute Software Corporation

NasdaqGS:ABST Stock Report

Market Cap: US$608.9m

ABST Stock Overview

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.

ABST fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health0/6
Dividends4/6

Absolute Software Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absolute Software
Historical stock prices
Current Share PriceCA$11.49
52 Week HighCA$12.59
52 Week LowCA$7.39
Beta0.36
1 Month Change1.50%
3 Month Change47.69%
1 Year Change24.22%
3 Year Change-2.91%
5 Year Change99.66%
Change since IPO140.08%

Recent News & Updates

Recent updates

Absolute Software declares CAD 0.08 dividend

Oct 20

Absolute Software: Rising Star In The $240.27 Billion Cybersecurity Industry

Oct 04

Absolute Software: Blistering Growth With A $47B Remote Work Opportunity

Sep 16

Absolute Software Non-GAAP EPS of $0.08 beats by $0.01, revenue of $54M beats by $0.9M

Aug 23

Absolute Software Crosses Revenue Milestone In FQ3 Results

Jul 26

I Buy The Dip Of Absolute Software Because Of New Acquisition And Third-Party Tools

Feb 04

Shareholder Returns

ABSTUS SoftwareUS Market
7D0.2%-0.6%0.3%
1Y24.2%34.7%24.2%

Return vs Industry: ABST underperformed the US Software industry which returned 44.1% over the past year.

Return vs Market: ABST exceeded the US Market which returned 14.1% over the past year.

Price Volatility

Is ABST's price volatile compared to industry and market?
ABST volatility
ABST Average Weekly Movement9.6%
Software Industry Average Movement8.0%
Market Average Movement6.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ABST's share price has been volatile over the past 3 months.

Volatility Over Time: ABST's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aChristy Wyattwww.absolute.com

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.

Absolute Software Corporation Fundamentals Summary

How do Absolute Software's earnings and revenue compare to its market cap?
ABST fundamental statistics
Market capUS$608.92m
Earnings (TTM)-US$25.79m
Revenue (TTM)US$222.06m

2.7x

P/S Ratio

-23.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABST income statement (TTM)
RevenueUS$222.06m
Cost of RevenueUS$40.86m
Gross ProfitUS$181.20m
Other ExpensesUS$206.99m
Earnings-US$25.79m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin81.60%
Net Profit Margin-11.62%
Debt/Equity Ratio-2,194.2%

How did ABST perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

-47%

Payout Ratio
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