Abbott Laboratories Stock Forecast, Price & News

Abbott Laboratories' stock was trading at $78.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ABT stock has increased by 46.9% and is now trading at $114.73.
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16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Abbott Laboratories in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Abbott Laboratories stock.
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183 employees have rated Abbott Laboratories CEO Robert Ford on Glassdoor.com. Robert Ford has an approval rating of 89% among Abbott Laboratories' employees.

Abbott Laboratories is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Abbott Laboratories.

Abbott Laboratories (NYSE:ABT) announced its earnings results on Wednesday, October, 21st. The healthcare product maker reported $0.98 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.90 by $0.08. The healthcare product maker earned $8.85 billion during the quarter, compared to analyst estimates of $8.53 billion. Abbott Laboratories had a trailing twelve-month return on equity of 18.19% and a net margin of 10.50%. The company's revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.84 earnings per share.
View Abbott Laboratories' earnings history.

Abbott Laboratories announced a quarterly dividend on Friday, December 11th. Stockholders of record on Friday, January 15th will be paid a dividend of $0.45 per share on Tuesday, February 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, January 14th. This is a positive change from Abbott Laboratories's previous quarterly dividend of $0.36.
View Abbott Laboratories' dividend history.

Abbott Laboratories pays an annual dividend of $1.80 per share and currently has a dividend yield of 1.57%. Abbott Laboratories has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Abbott Laboratories is 55.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Abbott Laboratories will have a dividend payout ratio of 41.10% next year. This indicates that Abbott Laboratories will be able to sustain or increase its dividend.
View Abbott Laboratories' dividend history.

16 Wall Street analysts have issued 1 year target prices for Abbott Laboratories' stock. Their forecasts range from $94.00 to $130.00. On average, they anticipate Abbott Laboratories' stock price to reach $115.69 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price.
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Some companies that are related to Abbott Laboratories include Medtronic (MDT), Intuitive Surgical (ISRG), Stryker (SYK), Becton, Dickinson and (BDX), Edwards Lifesciences (EW), Boston Scientific (BSX), Baxter International (BAX), IDEXX Laboratories (IDXX), DexCom (DXCM), ResMed (RMD), Hologic (HOLX), Insulet (PODD), Teleflex (TFX), STERIS (STE) and Varian Medical Systems (VAR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Abbott Laboratories investors own include AbbVie (ABBV), Johnson & Johnson (JNJ), NVIDIA (NVDA), AT&T (T), Pfizer (PFE), The Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC), The Home Depot (HD) and Verizon Communications (VZ).

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

Abbott Laboratories' stock is owned by a number of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.14%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.10%), Strs Ohio (0.08%), Congress Asset Management Co. MA (0.05%), Retirement Systems of Alabama (0.04%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own Abbott Laboratories stock include Andrea F Wainer, Andrew H Lane, Brian B Yoor, Brian J Blaser, Christopher J Scoggins, Daniel Gesua Sive Salvadori, Hubert L Allen, Jaime Contreras, Jared Watkin, John F Ginascol, John G Stratton, John M Capek, Joseph J Manning, Lisa D Earnhardt, Mary K Moreland, Michael D Dale, Michael J Pederson, Miles D White, Phebe N Novakovic, Philip P Boudreau, Randel William Woodgrift, Robert E Funck, Roger Bird, Roxanne S Austin, Sally E Blount, Sharon J Bracken and Stephen R Fussell.
View institutional ownership trends for Abbott Laboratories.

ABT stock was sold by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Strs Ohio, Crossmark Global Holdings Inc., Hexavest Inc., Gateway Investment Advisers LLC, Rhenman & Partners Asset Management AB, New York State Teachers Retirement System, and Avantax Advisory Services Inc.. Company insiders that have sold Abbott Laboratories company stock in the last year include Andrea F Wainer, Andrew H Lane, Brian B Yoor, Christopher J Scoggins, Daniel Gesua Sive Salvadori, Jared Watkin, John F Ginascol, Joseph J Manning, Lisa D Earnhardt, Mary K Moreland, Michael D Dale, Michael J Pederson, Phebe N Novakovic, Philip P Boudreau, Randel William Woodgrift, Robert E Funck, Roger Bird, and Roxanne S Austin.
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ABT stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Locust Wood Capital Advisers LLC, Liberty Capital Management Inc., Tandem Investment Advisors Inc., Brown Miller Wealth Management LLC, Journey Advisory Group LLC, Hendley & Co. Inc., and IFM Investors Pty Ltd. Company insiders that have bought Abbott Laboratories stock in the last two years include John G Stratton, and Randel William Woodgrift.
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Shares of ABT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ABT stock can currently be purchased for approximately $114.73.

Abbott Laboratories has a market capitalization of $203.34 billion and generates $31.90 billion in revenue each year. The healthcare product maker earns $3.69 billion in net income (profit) each year or $3.24 on an earnings per share basis. Abbott Laboratories employs 107,000 workers across the globe.

The official website for Abbott Laboratories is www.abbott.com.

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.