NYSE:ABT - Abbott Laboratories Stock Price, News, & Analysis

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$69.06 -1.48 (-2.10 %)
(As of 11/21/2018 08:45 AM ET)
Previous Close$70.54
Today's Range$68.86 - $70.75
52-Week Range$54.32 - $74.15
Volume8.22 million shs
Average Volume6.88 million shs
Market Capitalization$123.89 billion
P/E Ratio27.62
Dividend Yield1.59%
Beta1.39
Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. The company's Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptoms; gynecological disorders; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière's disease and vestibular vertigo; pain, fever, and inflammation; migraines; and anti-infective clarithromycin, as well as provides influenza vaccine and products that regulate physiological rhythm of the colon. Its Diagnostic Products segment offers core laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automates the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detects and measures infectious agents; cartridges for blood analysis; benchtop systems and rapid tests in the areas of infectious diseases; molecular point-of-care test systems for influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test systems, as well as remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The company's Nutritional Products segment provides pediatric and adult nutritional products. Its Cardiovascular and Neuromodulation Products segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases, as well as neuromodulation devices for the management of chronic pain and movement disorders. The company also provides blood and flash glucose monitoring systems, including test strips, sensors, data management decision software, and accessories for people with diabetes. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pharmaceutical preparations
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNYSE:ABT
Previous Symbol
CUSIP00282410
Phone224-667-6100

Debt

Debt-to-Equity Ratio0.62
Current Ratio1.42
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio27.62
Forward P/E Ratio23.90
P/E Growth2.1

Sales & Book Value

Annual Sales$27.39 billion
Price / Sales4.43
Cash Flow$4.6884 per share
Price / Cash14.73
Book Value$17.59 per share
Price / Book3.93

Profitability

EPS (Most Recent Fiscal Year)$2.50
Net Income$477 million
Net Margins2.91%
Return on Equity16.05%
Return on Assets6.95%

Miscellaneous

Employees99,000
Outstanding Shares1,756,330,000
Market Cap$123.89 billion
OptionableOptionable

Abbott Laboratories (NYSE:ABT) Frequently Asked Questions

What is Abbott Laboratories' stock symbol?

Abbott Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABT."

How often does Abbott Laboratories pay dividends? What is the dividend yield for Abbott Laboratories?

Abbott Laboratories announced a quarterly dividend on Thursday, September 13th. Shareholders of record on Monday, October 15th will be given a dividend of $0.28 per share on Thursday, November 15th. This represents a $1.12 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Friday, October 12th. View Abbott Laboratories' Dividend History.

How were Abbott Laboratories' earnings last quarter?

Abbott Laboratories (NYSE:ABT) announced its quarterly earnings data on Wednesday, October, 17th. The healthcare product maker reported $0.75 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.75. The healthcare product maker earned $7.66 billion during the quarter, compared to analysts' expectations of $7.65 billion. Abbott Laboratories had a net margin of 2.91% and a return on equity of 16.05%. Abbott Laboratories's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.66 EPS. View Abbott Laboratories' Earnings History.

When is Abbott Laboratories' next earnings date?

Abbott Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for Abbott Laboratories.

What guidance has Abbott Laboratories issued on next quarter's earnings?

Abbott Laboratories issued an update on its FY18 earnings guidance on Wednesday, October, 17th. The company provided earnings per share guidance of $2.87-2.89 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.88. Abbott Laboratories also updated its FY 2018 guidance to $2.87-2.89 EPS.

What price target have analysts set for ABT?

18 equities research analysts have issued 1 year target prices for Abbott Laboratories' shares. Their forecasts range from $64.00 to $86.00. On average, they expect Abbott Laboratories' share price to reach $75.1176 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Abbott Laboratories.

What is the consensus analysts' recommendation for Abbott Laboratories?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abbott Laboratories in the last year. There are currently 4 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Abbott Laboratories.

Has Abbott Laboratories been receiving favorable news coverage?

Media stories about ABT stock have trended positive recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Abbott Laboratories earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news articles about the healthcare product maker a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term.

Who are some of Abbott Laboratories' key competitors?

Who are Abbott Laboratories' key executives?

Abbott Laboratories' management team includes the folowing people:
  • Mr. Miles D. White, Chairman & CEO (Age 63)
  • Mr. Robert B. Ford, Pres & COO (Age 44)
  • Mr. Brian B. Yoor, Exec. VP of Fin. & CFO (Age 48)
  • Mr. Hubert L. Allen, Exec. VP, Gen. Counsel & Sec. (Age 52)
  • Mr. Daniel Gesua Sive Salvadori, Exec. VP of Nutritional Products (Age 39)

Who are Abbott Laboratories' major shareholders?

Abbott Laboratories' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Capital Research Global Investors (7.13%), BlackRock Inc. (6.67%), Massachusetts Financial Services Co. MA (2.20%), Bank of New York Mellon Corp (1.55%), Morgan Stanley (1.30%) and Capital International Investors (1.13%). Company insiders that own Abbott Laboratories stock include Alejandro D Wellisch, Andrew H Lane, Brian J Blaser, Daniel Gesua Sive Salvadori, Daniel J Starks, Deepak S Nath, Heather L Mason, Hubert L Allen, Jaime Contreras, Jared Watkin, Joseph J Manning, Michael J Pederson, Michael J Warmuth, Miles D White, Robert B Ford, Robert E Funck, Roger Bird, Sharon J Bracken and Stephen R Fussell. View Institutional Ownership Trends for Abbott Laboratories.

Which institutional investors are selling Abbott Laboratories stock?

ABT stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Mitsubishi UFJ Trust & Banking Corp, TIAA CREF Investment Management LLC, Diamond Hill Capital Management Inc., Alliancebernstein L.P., Canada Pension Plan Investment Board, Bahl & Gaynor Inc. and The Manufacturers Life Insurance Company . Company insiders that have sold Abbott Laboratories company stock in the last year include Alejandro D Wellisch, Andrew H Lane, Brian J Blaser, Daniel Gesua Sive Salvadori, Jaime Contreras, Jared Watkin, Michael J Pederson, Miles D White, Roger Bird, Sharon J Bracken and Stephen R Fussell. View Insider Buying and Selling for Abbott Laboratories.

Which institutional investors are buying Abbott Laboratories stock?

ABT stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital International Investors, Matthew Goff Investment Advisor LLC, Capital World Investors, Sustainable Growth Advisers LP, Morgan Stanley, Panagora Asset Management Inc. and BlackRock Inc.. Company insiders that have bought Abbott Laboratories stock in the last two years include Brian J Blaser, Daniel J Starks and Robert B Ford. View Insider Buying and Selling for Abbott Laboratories.

How do I buy shares of Abbott Laboratories?

Shares of ABT 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.

What is Abbott Laboratories' stock price today?

One share of ABT stock can currently be purchased for approximately $69.06.

How big of a company is Abbott Laboratories?

Abbott Laboratories has a market capitalization of $123.89 billion and generates $27.39 billion in revenue each year. The healthcare product maker earns $477 million in net income (profit) each year or $2.50 on an earnings per share basis. Abbott Laboratories employs 99,000 workers across the globe.

What is Abbott Laboratories' official website?

The official website for Abbott Laboratories is http://www.abbott.com.

How can I contact Abbott Laboratories?

Abbott Laboratories' mailing address is 100 ABBOTT PARK ROAD D-322 AP6D, ABBOTT PARK IL, 60064. The healthcare product maker can be reached via phone at 224-667-6100.


MarketBeat Community Rating for Abbott Laboratories (NYSE ABT)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  702 (Vote Outperform)
Underperform Votes:  567 (Vote Underperform)
Total Votes:  1,269
MarketBeat's community ratings are surveys of what our community members think about Abbott Laboratories and other stocks. Vote "Outperform" if you believe ABT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/21/2018 by MarketBeat.com Staff

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