ABAXIS, Inc. (NASDAQ:ABAX) Updates On Dividend Release Date


On 2016-07-27, ABAXIS, Inc. (NASDAQ:ABAX) confirmed the dividend disbursement of $0.12 a share to shareholders as on record 2016-09-01. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-30.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ABAXIS, Inc. (NASDAQ:ABAX) paid a total of $0.12 per share in dividends. This figure stood at $0.12 a share in the same period a year ago indicating a deviation of 10%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $45.187 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $55 and $39, respectively.

Taking the mathematical rating formula, the price for ABAXIS, Inc. (NASDAQ:ABAX) stands at 3. Earnings Review ABAXIS, Inc. (NASDAQ:ABAX) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.35.

Coming to the quarter ending on 2016-03-31, ABAXIS, Inc. (NASDAQ:ABAX) recorded EPS of $0.3. The reported numbers came lower than the analysts’ estimates of $0.33, demonstrating a miss of $-0.03 as against reported figures.

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