The Advisory Board (ABCO) Earns Coverage Optimism Score of 0.17
News coverage about The Advisory Board (NASDAQ:ABCO) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. The Advisory Board earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 44.6818119914072 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Glancy Prongay & Murray LLP : Commences Investigation on Behalf of The Advisory Board Company Investors (ABCO) (4-traders.com)
- ADVISORY BOARD SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in … (businesswire.com)
- INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against The Advisory Board Company and Reminds Investors with Losses to Contact the Firm (finance.yahoo.com)
- Glancy Prongay & Murray LLP Commences Investigation on Behalf of The Advisory Board Company Investors (ABCO) (finance.yahoo.com)
- ABCO: Rosen Law Firm Reminds The Advisory Board Company Investors of Important Deadline in Class Action – ABCO (finance.yahoo.com)
Shares of The Advisory Board (NASDAQ ABCO) opened at 53.35 on Monday. The firm has a 50-day moving average price of $53.32 and a 200-day moving average price of $50.51. The firm has a market cap of $2.17 billion, a PE ratio of 20.26 and a beta of 1.35. The Advisory Board has a 52 week low of $24.85 and a 52 week high of $59.50.
The Advisory Board (NASDAQ:ABCO) last released its quarterly earnings results on Tuesday, August 8th. The business services provider reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by $0.08. The business had revenue of $200.30 million for the quarter, compared to the consensus estimate of $196.16 million. The Advisory Board had a net margin of 13.65% and a return on equity of 12.69%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 EPS. On average, equities research analysts predict that The Advisory Board will post $1.90 earnings per share for the current year.
Several equities research analysts have recently weighed in on ABCO shares. Zacks Investment Research cut The Advisory Board from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Credit Suisse Group increased their price target on The Advisory Board from $54.00 to $55.00 and gave the company an “outperform” rating in a research note on Monday, May 15th. Robert W. Baird reissued an “outperform” rating and issued a $65.00 price target (up previously from $57.00) on shares of The Advisory Board in a research note on Sunday, July 9th. Stifel Nicolaus reissued a “hold” rating and issued a $53.00 price target (up previously from $48.00) on shares of The Advisory Board in a research note on Thursday, July 6th. Finally, William Blair cut The Advisory Board from an “outperform” rating to a “hold” rating in a research note on Tuesday, August 29th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $51.77.
The Advisory Board Company Profile
The Advisory Board Company is a provider of software and solutions to the healthcare and higher education industries. The Company offers subscription-based membership programs, software and data-enabled services. All of its programs are rooted in best practices and extends across four areas, including Best practices research, Technology, Data-enabled services and Consulting services.
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