NYSE:ABBABB Stock Price, Forecast & News

ABB's stock was trading at $18.83 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ABB stock has increased by 28.4% and is now trading at $24.18. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABB in the last year. There are currently 4 sell ratings, 6 hold ratings and 4 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, July 22nd 2020. View our earnings forecast for ABB.

ABB will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ABB Ltd (NYSE:ABB) issued its earnings results on Tuesday, April, 28th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.15. The industrial products company had revenue of $6.22 billion for the quarter, compared to analysts' expectations of $5.93 billion. ABB had a net margin of 4.68% and a return on equity of 19.64%. The business's quarterly revenue was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.31 earnings per share. View ABB's earnings history.

14 brokers have issued 12-month price objectives for ABB's stock. Their forecasts range from $14.00 to $26.00. On average, they anticipate ABB's share price to reach $20.37 in the next twelve months. This suggests that the stock has a possible downside of 15.8%. View analysts' price targets for ABB.

Headlines about ABB stock have been trending very negative on Monday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ABB earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave media headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about ABB.

ABB saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,170,000 shares, an increase of 108.6% from the June 15th total of 1,520,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.2% of the shares of the company are short sold. View ABB's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other ABB investors own include Intel (INTC), General Electric (GE), Alibaba Group (BABA), Cisco Systems (CSCO), NVIDIA (NVDA), QUALCOMM (QCOM), Netflix (NFLX), Bank of America (BAC), Walt Disney (DIS) and Advanced Micro Devices (AMD).

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

ABB's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), FNY Investment Advisers LLC (0.01%), Richard P Slaughter Associates Inc (0.00%), Gradient Investments LLC (0.00%), Teamwork Financial Advisors LLC (0.00%) and Global Retirement Partners LLC (0.00%).

ABB stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Teamwork Financial Advisors LLC, and Richard P Slaughter Associates Inc.

ABB stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, Envestnet Asset Management Inc., and Global Retirement Partners LLC.

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 $24.18.

ABB has a market capitalization of $52.43 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.

The official website for ABB is 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]