NYSE:ABB - ABB Stock Price, Forecast & News

ABB's stock was trading at $18.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ABB shares have decreased by 3.2% and is now trading at $18.22. View which stocks have been mosted impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABB in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ABB.

ABB is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for ABB.

ABB Ltd (NYSE:ABB) posted its earnings results on Wednesday, February, 5th. The industrial products company reported $0.27 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.01. The industrial products company earned $7.07 billion during the quarter, compared to analysts' expectations of $7.13 billion. ABB had a return on equity of 18.71% and a net margin of 5.14%. The firm's revenue was down 4.4% on a year-over-year basis. During the same period last year, the firm posted $0.30 EPS. View ABB's earnings history.

10 brokerages have issued 12-month target prices for ABB's stock. Their forecasts range from $18.00 to $23.00. On average, they expect ABB's stock price to reach $20.52 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View analysts' price targets for ABB.

News stories about ABB stock have been trending positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ABB earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutABB.

ABB saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 2,030,000 shares, a drop of 33.4% from the February 13th total of 3,050,000 shares. Based on an average trading volume of 2,130,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the company's stock are sold short. View ABB's Current Options Chain.

Some companies that are related to ABB include Siemens (SIEGY), Caterpillar (CAT), Bouygues (BOUYF), SCHNEIDER ELEC /ADR (SBGSY), Illinois Tool Works (ITW), Deere & Company (DE), ATLAS COPCO AB/S (ATLKY), Roper Technologies (ROP), Eaton (ETN), MURATA MFG CO L/ADR (MRAAY), Emerson Electric (EMR), KONE OYJ/ADR (KNYJY), FANUC LTD JAPAN/ADR (FANUY), Mitsui & Co Ltd (MITSY) and Ball (BLL).

Based on aggregate information from My MarketBeat watchlists, some companies that other ABB investors own include General Electric (GE), Intel (INTC), Alibaba Group (BABA), Cisco Systems (CSCO), QUALCOMM (QCOM), NVIDIA (NVDA), Bank of America (BAC), AT&T (T), Netflix (NFLX) and Starbucks (SBUX).

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

ABB's stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank of America Corp DE (0.27%), Macquarie Group Ltd. (0.18%), Macquarie Group Ltd. (0.18%), Schafer Cullen Capital Management Inc (0.11%), First Trust Advisors LP (0.09%) and Folketrygdfondet (0.09%).

ABB stock was sold by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Renaissance Technologies LLC, Folketrygdfondet, Bank of New York Mellon Corp, Miller Howard Investments Inc. NY, Schafer Cullen Capital Management Inc, SG Americas Securities LLC, and Philadelphia Trust Co..

ABB stock was purchased by a variety of institutional investors in the last quarter, including Bowen Hanes & Co. Inc., St. James Investment Company LLC, Thornburg Investment Management Inc., Wealth Quarterback LLC, TD Asset Management Inc., Jane Street Group LLC, Northeast Investment Management, and Bank of America Corp DE.

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

One share of ABB stock can currently be purchased for approximately $18.22.

ABB has a market capitalization of $39.50 billion and generates $27.98 billion in revenue each year. The industrial products company earns $1.44 billion in net income (profit) each year or $1.24 on an earnings per share basis. ABB employs 144,400 workers across the globe. View additional information about ABB.

The official website for ABB is http://www.new.abb.com/.

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