Several brokerages have updated their recommendations and price targets on shares of The Advisory Board (NASDAQ: ABCO) in the last few weeks:
Shares of The Advisory Board Co. (NASDAQ:ABCO) traded up 0.14% during mid-day trading on Thursday, reaching $42.49. 122,062 shares of the company’s stock traded hands. The company’s market cap is $1.71 billion. The company has a 50 day moving average of $42.86 and a 200 day moving average of $36.79. The Advisory Board Co. has a 12 month low of $18.87 and a 12 month high of $54.84.
The Advisory Board (NASDAQ:ABCO) last issued its earnings results on Wednesday, July 27th. The company reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.13. The firm earned $198.40 million during the quarter, compared to the consensus estimate of $196.49 million. The Advisory Board had a positive return on equity of 11.59% and a negative net margin of 10.21%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 earnings per share. Analysts expect that The Advisory Board Co. will post $1.86 earnings per share for the current fiscal year.