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. Since then, ABB stock has increased by 30.1% and is now trading at $24.49. 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) released its quarterly earnings results on Tuesday, April, 28th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.15. The industrial products company had revenue of $6.22 billion for the quarter, compared to analyst estimates of $5.93 billion. ABB had a return on equity of 19.64% and a net margin of 4.68%. The firm's revenue for the quarter was down 9.2% compared to the same quarter last year. During the same period last year, the company posted $0.31 earnings per share. View ABB's earnings history.

14 analysts have issued 1-year price targets for ABB's stock. Their forecasts range from $14.00 to $26.00. On average, they expect ABB's share price to reach $20.37 in the next year. This suggests that the stock has a possible downside of 16.8%. View analysts' price targets for ABB.

Media stories about ABB stock have trended negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. ABB earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock'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 trading volume of 2,380,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.2% of the shares of the company are sold short. 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), Emerson Electric (EMR), KONE OYJ/ADR (KNYJY), FANUC LTD JAPAN/ADR (FANUY), Eaton (ETN), Cintas (CTAS) and Johnson Controls International (JCI). 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 a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.02%), FNY Investment Advisers LLC (0.01%), Richard P Slaughter Associates Inc (0.00%) and Gradient Investments LLC (0.00%).

ABB stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments 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, and Envestnet Asset 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, Robinhood, Fidelity, and Charles Schwab.

One share of ABB stock can currently be purchased for approximately $24.49.

ABB has a market capitalization of $53.10 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]