ABST:NSD-Absolute Software Corporation (USD)

COMMON STOCK | Software-Application | NSD

Last Closing Price

USD 8.30

Change

-0.05 (-0.60)%

Market Cap

USD 0.42B

Volume

0.20M

Avg Analyst Target

USD 14.00 (+68.67%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Absolute Software Corporation (ABST) Stock Analysis:
Based on the Absolute Software Corporation stock forecasts from 4 analysts, the average analyst target price for Absolute Software Corporation is USD 14.00 over the next 12 months. Absolute Software Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Absolute Software Corporation is Bearish, which is based on 3 positive signals and 10 negative signals. At the last closing, Absolute Software Corporation’s stock price was USD 8.30. Absolute Software Corporation’s stock price has changed by +18.40% over the past week, +2.60% over the past month and -40.97% over the last year.

About

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 ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-05-16 )

Largest Industry Peers for Software-Application

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
INTU Intuit Inc

-12.17 (-3.27%)

USD105.14B 47.81 33.41
WDAY Workday Inc

-6.23 (-3.42%)

USD46.24B 1,585.13 112.55
ADSK Autodesk Inc

-4.49 (-2.28%)

USD42.87B 87.98 52.20
TEAM Atlassian Corporation Plc

-11.90 (-6.30%)

USD42.65B N/A N/A
CDNS Cadence Design Systems Inc

-3.06 (-2.15%)

USD39.28B 53.17 35.73
DDOG Datadog Inc

-11.67 (-10.72%)

USD34.29B 1,777.80 579.45
ZM Zoom Video Communications Inc

-5.92 (-6.24%)

USD28.37B 21.09 18.04
TTD The Trade Desk Inc

-0.95 (-1.83%)

USD23.01B 169.00 141.07
ANSS ANSYS Inc

-6.72 (-2.64%)

USD21.56B 48.03 33.53
NUAN Nuance Communications Inc

N/A

USD17.88B 4,558.33 176.15

ETFs Containing ABST

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Application)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -11.80% 89% B+ 62% D-
Dividend Return 1.33% 92% A- 68% D+
Total Return -10.47% 89% B+ 63% D
Trailing 12 Months  
Capital Gain -40.97% 46% F 37% F
Dividend Return 1.79% 67% D+ 41% F
Total Return -39.18% 47% F 38% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -10.74% 15% F 15% F
Dividend Return 0.66% 22% F 18% F
Total Return -10.09% 16% F 15% F
Risk Return Profile  
Volatility (Standard Deviation) 16.36% 94% A 75% C
Risk Adjusted Return -61.66% 6% F 7% F
Market Capitalization 0.42B 47% F 56% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Application)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 155.14 16% F 7% F
Price/Book Ratio 29.19 6% F 3% F
Price / Cash Flow Ratio 8.98 58% F 30% F
EV/EBITDA 111.03 14% F 7% F
Management Effectiveness  
Return on Equity -67.78% 19% F 17% F
Return on Invested Capital -60.22% 17% F 17% F
Return on Assets -0.71% 60% D- 45% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Dividend Yield 2.94% 81% B- 36% F
Short Ratio 17.79 2% F 3% F
Short Percent 0.76% 84% B 77% C+
Beta 0.78 75% C 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.