The Advisory Board Company (NASDAQ:ABCO) fell -2.33% during previous trade. JP Morgan issued rating on the stock of The Advisory Board Company (NASDAQ:ABCO) in a research note issued to investors on Feb-17-17, the stock received “Downgrade” rating from Overweight to Neutral. Additionally Stifel issued their verdict on the stock of the company, on record date of Jan-31-17 the stock was “Reiterated” as Hold from $38 to $47 besides that on Jan-13-17 The Advisory Board Company (NASDAQ:ABCO) was “Downgraded” by Piper Jaffray from Overweight to Neutral. Furthermore on Nov-07-16 the stock was “Downgraded” by BofA/Merrill from Buy to Underperform.
The Advisory Board Company (NASDAQ:ABCO) shares ended last trading session at the price of $46.15 whereas a number of traders indicating mean target price will hit $45.50 over the next twelve months, mean value of price target most recently revised on 02/17/17. The Advisory Board Company (NASDAQ:ABCO)’s highest estimates of price target are $56 and low forecast is $31 based on the opinion of 14 analysts. The price target estimates represents a standard deviation of 6.17. However brokerage recommendations suggests an ABR of 2.19 based on calls of 16 experts, where 7 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 8 suggest Hold, 1 are rating the stock as Sell while 0 as Strong Sell.
The Advisory Board Company (NASDAQ:ABCO) is expected to release the earnings of its current quarter on 2/28/17 After Market Close. The company is expected to release $0.56 EPS for current quarter according to 18 analysts whereas the company reported $0.48EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.51 and high estimate of $0.59. For the current year The Advisory Board Company (NASDAQ:ABCO) has set to release EPS of $1.77 as per the sentiments of 17 analysts, however according to 17 analysts, the company expected to release $1.91 EPS for next year.
The Advisory Board Company (NASDAQ:ABCO)’s average revenue estimates for the current quarter are $205.15M according to 17 number of analysts. However its lowest revenue estimates are $188.53M and highest revenue estimates are $210.4M. A year ago the company’s sales were $204.95M. Its yearly sales growth estimates are 0.10%. For the next quarter the company has anticipated average revenues of $196.21M, according to the sentiments of 15 analysts. For the current year the company has fixed $804.08M revenues, as per the opinion of 18 analysts. For the current year the company has low revenue estimates of $787.52M in contradiction of high revenue estimates of $810M. Whereas for the next year revenues are set at $802.79M by 18 analysts.
The stock exchanged hands 735,950 shares versus average trading capacity of 806,444 shares, while its shares’ total market worth is $1.81B along with 40.15M outstanding shares. The Advisory Board Company (NASDAQ:ABCO) shares were trading -9.92% below from the 52-week high price mark of $51.23 and +144.57% above from the 52-week price bottom of $18.87. However the company observed 52 week high price on 02/02/17 and witnessed 52 week low price on 02/24/16. The company’s price sits 17.79% above from its 50-day moving average of $42.88 and 19.87% far from the stock’s 200-day moving average which is $40.06. The Advisory Board Company (NASDAQ:ABCO)’s price to sales ratio for trailing twelve month stands at 2.36, whereas its price to book ratio for most recent quarter sits at 3.93. Its price to free cash flow for trailing twelve months is 31.99.