Somewhat Positive News Coverage Somewhat Unlikely to Impact The Advisory Board (ABCO) Share Price
Media coverage about The Advisory Board (NASDAQ:ABCO) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. 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 media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 44.3827885922934 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern’s scoring:
- URGENT: Monteverde & Associates PC Announces An Investigation Of The Merger Acquisition of The Advisory Board Company by Optu… (ih.advfn.com)
- ADVISORY BOARD SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit against The Advisory Board … (businesswire.com)
- UPCOMING DEADLINE: 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)
- URGENT: Monteverde & Associates PC Announces An Investigation Of The Merger Acquisition of The Advisory Board Company by OptumInsight, Inc. – ABCO (finance.yahoo.com)
- Glancy Prongay & Murray LLP : Continues Investigation on Behalf of The Advisory Board Company Investors (ABCO) (4-traders.com)
ABCO has been the topic of a number of research reports. Piper Jaffray Companies set a $51.00 target price on shares of The Advisory Board and gave the company a “hold” rating in a report on Thursday, August 10th. KeyCorp restated a “hold” rating on shares of The Advisory Board in a report on Friday, September 1st. Zacks Investment Research upgraded shares of The Advisory Board from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a report on Tuesday, July 4th. Stifel Nicolaus restated a “hold” rating and set a $53.00 target price (up previously from $48.00) on shares of The Advisory Board in a report on Thursday, July 6th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $54.00 target price (up previously from $45.00) on shares of The Advisory Board in a report on Tuesday, August 29th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $51.77.
The Advisory Board (NASDAQ:ABCO) opened at 53.50 on Friday. The stock has a 50 day moving average price of $52.85 and a 200 day moving average price of $50.77. The Advisory Board has a 52-week low of $24.85 and a 52-week high of $59.50. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 20.32 and a beta of 1.35.
The Advisory Board (NASDAQ:ABCO) last issued its quarterly earnings data on Tuesday, August 8th. The business services provider reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.08). The Advisory Board had a net margin of 13.65% and a return on equity of 12.69%. The company had revenue of $200.30 million for the quarter, compared to the consensus estimate of $196.16 million. During the same period in the previous year, the business earned $0.46 EPS. The Advisory Board’s revenue for the quarter was up 1.0% compared to the same quarter last year. Analysts expect that The Advisory Board will post $1.90 EPS for the current fiscal year.
About The Advisory Board
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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