ABB Ltd (NYSE:ABBNY - Free Report) - Research analysts at Erste Group Bank dropped their FY2026 earnings estimates for shares of ABB in a research report issued on Tuesday, May 5th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will earn $3.09 per share for the year, down from their previous estimate of $3.11. The consensus estimate for ABB's current full-year earnings is $2.36 per share.
ABBNY has been the topic of several other research reports. Wall Street Zen cut shares of ABB from a "buy" rating to a "hold" rating in a research note on Saturday. Kepler Capital Markets cut shares of ABB from a "strong-buy" rating to a "hold" rating in a report on Monday, April 27th. Citigroup reiterated a "neutral" rating on shares of ABB in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft upgraded shares of ABB from a "sell" rating to a "hold" rating in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada restated a "sector perform" rating on shares of ABB in a research note on Wednesday. Eight analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $58.00.
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ABB Stock Performance
ABBNY stock opened at $106.50 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.37 and a quick ratio of 0.99. ABB has a 1 year low of $54.06 and a 1 year high of $106.63. The company has a market cap of $194.17 billion, a P/E ratio of 50.24, a price-to-earnings-growth ratio of 2.48 and a beta of 1.36. The stock's fifty day moving average price is $89.22 and its 200-day moving average price is $81.05.
About ABB
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ABB Ltd. is a global engineering and technology company headquartered in Zürich, Switzerland, with roots dating to the 1988 merger of ASEA and Brown, Boveri & Cie. The company develops and supplies technologies that enable electrification, automation and digitalization across utility, industrial, transportation and infrastructure markets. ABB's offerings span hardware, software and services designed to improve efficiency, reliability and sustainability for its customers.
ABB's principal activities include electrification products and systems for power distribution and management; industrial and factory automation solutions; robotics and discrete automation for manufacturing; and motion technologies including electric motors and drives.
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