NYSE:ABB - ABB Stock Price, News, & Analysis

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

ABB Ltd (NYSE:ABB) posted its quarterly earnings data on Thursday, February, 28th. The industrial products company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by $0.10. The industrial products company earned $7.40 billion during the quarter, compared to analysts' expectations of $9.43 billion. ABB had a net margin of 6.36% and a return on equity of 19.81%. The business's quarterly revenue was down 20.3% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share. View ABB's Earnings History.

ABB is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for ABB.

15 equities research analysts have issued 12 month price targets for ABB's shares. Their forecasts range from $17.00 to $23.00. On average, they anticipate ABB's stock price to reach $20.12 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for ABB.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABB in the last year. There are currently 3 sell ratings, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ABB.

Headlines about ABB stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ABB earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the industrial products company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

ABB saw a increase in short interest in the month of February. As of February 28th, there was short interest totalling 5,937,008 shares, an increase of 39.4% from the February 15th total of 4,259,371 shares. Based on an average daily trading volume, of 3,964,536 shares, the days-to-cover ratio is currently 1.5 days. View ABB's Current Options Chain.

Some companies that are related to ABB include Caterpillar (CAT), Bouygues (BOUYF), Deere & Company (DE), Illinois Tool Works (ITW), SCHNEIDER ELEC /ADR (SBGSY), Emerson Electric (EMR), Roper Technologies (ROP), Eaton (ETN), FANUC LTD JAPAN/ADR (FANUY), Johnson Controls International (JCI), MURATA MFG CO L/ADR (MRAAY), Mitsui & Co Ltd (MITSY), Ingersoll-Rand (IR), ASSA ABLOY AB/S (ASAZY) and ATLAS COPCO AB/S (ATLKY).

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), Bank of America (BAC), QUALCOMM (QCOM), Kinder Morgan (KMI), NVIDIA (NVDA), CVS Health (CVS) and IBM (IBM).

ABB's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.52%), Northern Trust Corp (0.27%), Bank of America Corp DE (0.25%), BlackRock Inc. (0.20%), Hamlin Capital Management LLC (0.17%) and Macquarie Group Ltd. (0.15%).

ABB stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Schafer Cullen Capital Management Inc, Macquarie Group Ltd., Sonora Investment Management LLC, Northern Trust Corp, Raymond James & Associates, Bank of New York Mellon Corp and Ledyard National Bank.

ABB stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, First Trust Advisors LP, OLD Mission Capital LLC, BlackRock Inc., Segantii Capital Management Ltd, White Pine Investment CO, Beach Investment Counsel Inc. PA and Graves Light Private Wealth Management Inc..

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, Scottrade, Fidelity and Charles Schwab.

One share of ABB stock can currently be purchased for approximately $18.58.

ABB has a market capitalization of $39.74 billion and generates $27.66 billion in revenue each year. The industrial products company earns $2.17 billion in net income (profit) each year or $1.33 on an earnings per share basis. ABB employs 134,800 workers across the globe.

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

ABB's mailing address is 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]