S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:ABB

ABB Stock Forecast, Price & News

$35.42
+0.12 (+0.34%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$35.07
$35.93
50-Day Range
$32.55
$35.74
52-Week Range
$26.60
$38.03
Volume
1.94 million shs
Average Volume
1.16 million shs
Market Capitalization
$72.72 billion
P/E Ratio
39.36
Dividend Yield
1.46%
Beta
1.01
30 days | 90 days | 365 days | Advanced Chart
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ABB logo

About ABB

ABB Ltd. is a technology company, which engages in the development and provision of electrification, motion and automation solutions. It operates through the following business segments: Electrification, Industrial Automation, Motion, Robotics & Discrete Automation and Corporate and Other. The Electrification segment manufactures and sells products and solutions which are designed to provide safer electrical flow from the substation to the socket. The Industrial Automation segment develops and sells integrated automation and electrification systems and solutions, such as process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation and solutions, electric ship propulsion systems, as well as large turbochargers. The Motion segment manufactures and sells motors, generators, drives, wind converters, mechanical power transmissions, complete electrical powertrain systems and related services and digital solutions for a wide range of applications in industry, transportation, infrastructure, and utilities. The Robotics & Discrete Automation segment develops and sells robotics and machinery

Headlines

A Look Into ABB's Debt - Benzinga
December 2, 2021 |  benzinga.com
ABB Takes Action in Fight Against Climate Change
November 30, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Switchgear & switchboard apparatus
Sub-Industry
N/A
Employees
20,900
Year Founded
1988

Sales & Book Value

Annual Sales
$26.13 billion
Cash Flow
$1.38 per share
Book Value
$6.97 per share

Profitability

Net Income
$5.15 billion
Pretax Margin
10.69%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares
2,053,150,000
Free Float
N/A
Market Cap
$72.72 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/20/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/03/2022

Social Links


MarketRank

Overall MarketRank

1.76 out of 5 stars

Industrial Products Sector

172nd out of 246 stocks

Switchgear & Switchboard Apparatus Industry

3rd out of 3 stocks

Analyst Opinion: 2.2Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -












ABB (NYSE:ABB) Frequently Asked Questions

Is ABB a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ABB in the last twelve months. There are currently 1 sell rating, 9 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ABB stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABB, but not buy additional shares or sell existing shares.
View analyst ratings for ABB
or view top-rated stocks.

How has ABB's stock price been impacted by COVID-19?

ABB's stock was trading at $18.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABB stock has increased by 88.1% and is now trading at $35.42.
View which stocks have been most impacted by COVID-19
.

Are investors shorting ABB?

ABB saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 1,450,000 shares, a decline of 25.6% from the October 31st total of 1,950,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.1% of the shares of the stock are sold short.
View ABB's Short Interest
.

When is ABB's next earnings date?

ABB is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for ABB
.

How were ABB's earnings last quarter?

ABB Ltd (NYSE:ABB) announced its quarterly earnings data on Wednesday, October, 20th. The industrial products company reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.06. The industrial products company had revenue of $7.03 billion for the quarter, compared to analysts' expectations of $7.38 billion. ABB had a net margin of 6.43% and a trailing twelve-month return on equity of 18.18%. ABB's revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 earnings per share.
View ABB's earnings history
.

How often does ABB pay dividends? What is the dividend yield for ABB?

ABB announced an annual dividend on Friday, March 26th. Stockholders of record on Tuesday, March 30th will be paid a dividend of $0.85 per share on Saturday, May 15th. This represents a dividend yield of 2.7%. The ex-dividend date is Monday, March 29th. This is a positive change from ABB's previous annual dividend of $0.83.
View ABB's dividend history
.

Is ABB a good dividend stock?

ABB pays an annual dividend of $0.51 per share and currently has a dividend yield of 1.46%. ABB has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of ABB is 56.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABB will have a dividend payout ratio of 32.90% next year. This indicates that ABB will be able to sustain or increase its dividend.
View ABB's dividend history.

What price target have analysts set for ABB?

16 Wall Street analysts have issued 1 year price objectives for ABB's stock. Their forecasts range from $29.00 to $37.00. On average, they expect ABB's share price to reach $35.49 in the next year. This suggests a possible upside of 0.2% from the stock's current price.
View analysts' price targets for ABB
or view top-rated stocks among Wall Street analysts.

Who are ABB's key executives?

ABB's management team includes the following people:
  • Björn Klas Otto Rosengren, Chief Executive Officer
  • Timo J. Ihamuotila, Chief Financial Officer
  • Tarak Mehta, President-Electrification Business
  • Sami Atiya, President-Robotics & Discrete Automation
  • Morten Wierod, President-Motion Business

What is Björn Rosengren's approval rating as ABB's CEO?

110 employees have rated ABB CEO Björn Rosengren on Glassdoor.com. Björn Rosengren has an approval rating of 88% among ABB's employees.

What other stocks do shareholders of ABB own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ABB investors own include Cisco Systems (CSCO), Intel (INTC), General Electric (GE), QUALCOMM (QCOM), NVIDIA (NVDA), Alibaba Group (BABA), AbbVie (ABBV), Advanced Micro Devices (AMD), Pfizer (PFE) and AT&T (T).

What is ABB's stock symbol?

ABB trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABB."

Who are ABB's major shareholders?

ABB's stock is owned by a number of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.85%), Invesco Ltd. (0.16%), Arrowstreet Capital Limited Partnership (0.16%), Royal Bank of Canada (0.13%), Folketrygdfondet (0.10%) and Morgan Stanley (0.09%).

Which major investors are selling ABB stock?

ABB stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Comerica Bank, Millennium Management LLC, Jane Street Group LLC, Oppenheimer Asset Management Inc., Crossmark Global Holdings Inc., PNC Financial Services Group Inc., and Advisor Group Holdings Inc..

Which major investors are buying ABB stock?

ABB stock was purchased by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Fisher Asset Management LLC, Makena Capital Management LLC, Invesco Ltd., Goldman Sachs Group Inc., Folketrygdfondet, Private Advisor Group LLC, and Royal Bank of Canada.

How do I buy shares of ABB?

Shares of ABB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ABB's stock price today?

One share of ABB stock can currently be purchased for approximately $35.42.

How much money does ABB make?

ABB has a market capitalization of $72.72 billion and generates $26.13 billion in revenue each year. The industrial products company earns $5.15 billion in net income (profit) each year or $0.90 on an earnings per share basis.

How many employees does ABB have?

ABB employs 20,900 workers across the globe.

Does ABB have any subsidiaries?

The following companies are subsidiares of ABB: A88 for Electrical Industries (ABB ARAB) S.A.E., AABB Business Services Sp. z o.o., ABB (China) Investment Limited, ABB (China) Ltd., ABB 0y, ABB A/S, ABB AB, ABB AG, ABB AS, ABB Asea Brown Boveri Ltd, ABB Australia Pty Limited, ABB Automacao Ltda., ABB Automation GmbH, ABB Automation Products GmbH, ABB B.V., ABB Beijing Drive Systems Co. Ltd., ABB Beijing Switchgear Limited, ABB Beteiligungs- und Verwaltungsges. MbH, ABB Bulgaria EOOD, ABB Canada EL Holding GmbH, ABB Capital AG, ABB Electrical Control Systems S. de R.L. de C.V., ABB Electrical Industries Co. Ltd., ABB Electrical Machines Ltd., ABB Electrification Canada ULC, ABB Electrification Norway AS, ABB Elektrik Sanayi A.S., ABB Eletrificacao Ltda., ABB Engineering (Shanghai) Ltd., ABB Engineering Trading and Service Ltd., ABB Finance (USA) Inc., ABB Finance B.V., ABB France, ABB Global Industries and Services Private Limited, ABB Group Investment Management Pty. Ltd., ABB Holding AS, ABB Holdings (Pty) Ltd., ABB Holdings B.V., ABB Holdings Inc., ABB Holdings Limited, ABB Inc., ABB Inc., ABB India Limited, ABB Industrial Solutions (Bielsko-Biala) Sp. z o.o., ABB Industrial Solutions (Klodzko) Sp.z o.o., ABB Industries (L.L.C.), ABB Information Systems Ltd., ABB Installation Products Inc, ABB Installation Products International LLC., ABB Investment Holding 2 GmbH, ABB K.K., ABB Limited, ABB Ltd., ABB Management Services Ltd., ABB Mexico SA. de C.V., ABB Motors and Mechanical Inc, ABB N.V., ABB Norden Holding AB, ABB Pte. Ltd., ABB S.A., ABB S.p.A., ABB SAS, ABB Schweiz AG, ABB Shanghai Free Trade Zone Industrial Co. Ltd., ABB Shanghai Motors Co. Ltd., ABB South Africa (Pty) Ltd., ABB Sp. z o.o., ABB Stotz-Kontakt GmbH, ABB Treasury Center (USA) Inc., ABB Xiamen Low Voltage Equipment Co. Ltd., ABB Xiamen Switchgear Co. Ltd., ABB Xinhui Low Voltage Switchgear Co. Ltd., ABB s.r.o., APS Technology Group, ASTI Mobile Robotics, Asea Brown Boveri S.A., Asea Brown Boveri S.A.E., Asea Brown Boveri SA. de C.V., B + R Industrie-Elektronik GmbH, B&R Holding GmbH, B&R Industrial Automation, B&R Industrial Automation GmbH, Baldor Electric Company, Busch-Jaeger Elektro GmbH, Chargedot, Codian Robotics, Cylon Controls, DynaMotive Ltd., ELBI Elektrik, Edison Holding Corporation, Envitech Energy, Epyon, GE Industrial Solutions, Gomtec, Gresin Grupo Estudios Industriales, Industrial C&S Hungary Kft., Industrial C&S of RR. LLC, Industrial Connections & Solutions LLC, KEYMILE - Business, Kuhlman Electric Corp., Lorentzen & Wettre, Los Gatos Research, Mincom, NUB3D S.L., Newave Energy Holding, Newron System, Power-One, Powercorp, RGM - Rail vehicle power business, SVIA, Spirit IT, Thomas & Betts, Trasfor, Tropos Networks, Validus DC Systems, Vectek Electronics, and Ventyx.

When was ABB founded?

ABB was founded in 1988.

What is ABB's official website?

The official website for ABB is www.new.abb.com.

Where are ABB's headquarters?

How can I contact ABB?

ABB's mailing address is PO BOX 8131 AFFOLTERNSTRASSE 44, ZURICH V8, CH-8050. The industrial products company can be reached via phone at (143) 317-7111, via email at [email protected], or via fax at 41-43-317-7992.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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