Advisory Board Co (NASDAQ:ABCO):
The Advisory Board Company Stockholders Approve Merger Agreement With Optum.
The company is trading up by 0.05% percent from yesterday’s close.
The Advisory Board Company, launched on August 9, 2001, 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..
Advisory Board Co’s P/E ratio is 30.99 and the market cap of the company is 2.19B. As of the latest earnings report the EPS was $1.74 with 40.76M shares outstanding.
Investors are more bearish on Advisory Board Co lately considering the motion in short interest. The stock saw a rise in short interest of 9.49% as of October 13, 2017 from the last reporting period. Short shares increased from 1,923,641 to 2,106,234 over that timeframe. Days to cover decreased 0.0 to 2.0 and the short interest percentage is 0.05% as of October 13.
Several investment analysts have provided guidance on ABCO. On October 4 Robert W. Baird made no change to the stock rating of “Hold” with a current price target of $54.00.
On September 1, 2017 KeyCorp kept a “Hold” rating on the company. August 29 investment analysts at Cantor Fitzgerald maintained a company rating of “Hold” targeting a price of $54.00.Advertisement