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) released its quarterly earnings data on Thursday, February, 28th. The industrial products company reported $0.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.10. The industrial products company earned $7.40 billion during the quarter, compared to analyst estimates of $9.43 billion. ABB had a return on equity of 19.81% and a net margin of 6.36%. The firm's revenue was down 20.3% on a year-over-year basis. During the same period last year, the business earned $0.33 EPS. 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 brokerages have issued twelve-month price objectives for ABB's shares. Their forecasts range from $17.00 to $23.00. On average, they expect ABB's stock price to reach $20.12 in the next twelve months. 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.

Media stories about ABB stock have been trending neutral recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ABB earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.

ABB saw a increase in short interest during 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 trading volume of 3,964,536 shares, the days-to-cover ratio is presently 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), Emerson Electric (EMR), SCHNEIDER ELEC /ADR (SBGSY), Eaton (ETN), Roper Technologies (ROP), 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 retail and institutional investors. Top institutional investors 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 bought 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]