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NYSE:ABT

Abbott Laboratories Stock Forecast, Price & News

$106.86
+0.20 (+0.19 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$106.14
Now: $106.86
$107.99
50-Day Range
$99.06
MA: $103.46
$111.29
52-Week Range
$61.61
Now: $106.86
$114.19
Volume7.62 million shs
Average Volume6.59 million shs
Market Capitalization$189.20 billion
P/E Ratio61.77
Dividend Yield1.35%
Beta0.96
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 symptom; gynecological disorder; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière's disease and vestibular vertigo; pain, fever, and inflammation; migraine; and anti-infective clarithromycin, as well as provides influenza vaccines 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; rapid diagnostics systems for infectious diseases; molecular point-of-care care testing for HIV, 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 glucose and blood 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.78 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryHealth Care Equipment
SectorMedical
CUSIP00282410
CIK1800
Phone224-667-6100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$31.90 billion
Cash Flow$4.99 per share
Book Value$17.70 per share

Profitability

Net Income$3.69 billion

Miscellaneous

Employees107,000
Outstanding Shares1,770,530,000
Market Cap$189.20 billion
Next Earnings Date10/21/2020 (Estimated)
OptionableOptionable
$106.86
+0.20 (+0.19 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Abbott Laboratories (NYSE:ABT) Frequently Asked Questions

How has Abbott Laboratories' stock been impacted by COVID-19?

Abbott Laboratories' stock was trading at $78.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABT shares have increased by 36.8% and is now trading at $106.86.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Abbott Laboratories?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Abbott Laboratories in the last year. There are currently 2 sell ratings, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Abbott Laboratories
.

When is Abbott Laboratories' next earnings date?

Abbott Laboratories is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for Abbott Laboratories
.

How were Abbott Laboratories' earnings last quarter?

Abbott Laboratories (NYSE:ABT) released its earnings results on Thursday, July, 16th. The healthcare product maker reported $0.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.15. The healthcare product maker earned $7.33 billion during the quarter, compared to analyst estimates of $6.85 billion. Abbott Laboratories had a return on equity of 17.34% and a net margin of 9.89%. The business's revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.82 earnings per share.
View Abbott Laboratories' earnings history
.

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

Abbott Laboratories declared a quarterly dividend on Thursday, September 17th. Investors of record on Thursday, October 15th will be paid a dividend of $0.36 per share on Monday, November 16th. This represents a $1.44 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Wednesday, October 14th.
View Abbott Laboratories' dividend history
.

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

Abbott Laboratories updated its FY20 earnings guidance on Thursday, July, 16th. The company provided earnings per share (EPS) guidance of at least $3.25 for the period, compared to the Thomson Reuters consensus estimate of $2.86.

What price target have analysts set for ABT?

18 analysts have issued 1-year price objectives for Abbott Laboratories' stock. Their forecasts range from $94.00 to $136.00. On average, they anticipate Abbott Laboratories' stock price to reach $112.07 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price.
View analysts' price targets for Abbott Laboratories
.

Has Abbott Laboratories been receiving favorable news coverage?

Headlines about ABT stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Abbott Laboratories earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the healthcare product maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
View the latest news about Abbott Laboratories
.

Are investors shorting Abbott Laboratories?

Abbott Laboratories saw a drop in short interest during the month of August. As of August 14th, there was short interest totaling 10,090,000 shares, a drop of 20.6% from the July 30th total of 12,710,000 shares. Based on an average daily volume of 5,100,000 shares, the days-to-cover ratio is presently 2.0 days.
View Abbott Laboratories' Short Interest
.

Who are some of Abbott Laboratories' key competitors?

What other stocks do shareholders of Abbott Laboratories own?

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), Walt Disney (DIS), Cisco Systems (CSCO), Intel (INTC), Home Depot (HD) and Verizon Communications (VZ).

Who are Abbott Laboratories' key executives?

Abbott Laboratories' management team includes the following people:
  • Mr. Miles D. White M.B.A., Chairman & CEO (Age 64)
  • Mr. Robert B. Ford, Pres & COO (Age 45)
  • Mr. Brian B. Yoor, Exec. VP of Fin. & CFO (Age 49)
  • Mr. Hubert L. Allen, Exec. VP, Gen. Counsel & Sec. (Age 53)
  • Mr. Stephen R. Fussell, Exec. VP of HR (Age 62)

What is Abbott Laboratories' stock symbol?

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

Who are Abbott Laboratories' major shareholders?

Abbott Laboratories' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.47%), BlackRock Inc. (7.61%), Bank of New York Mellon Corp (1.16%), FMR LLC (0.75%), GQG Partners LLC (0.71%) and Charles Schwab Investment Management Inc. (0.64%). 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, Philip P Boudreau, Randel William Woodgrift, Roger Bird, Roxanne S Austin, Sally E Blount, Sharon J Bracken and Stephen R Fussell.
View institutional ownership trends for Abbott Laboratories
.

Which major investors are selling Abbott Laboratories stock?

ABT stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Ninety One UK Ltd, FMR LLC, CIBC Private Wealth Group LLC, Macquarie Group Ltd., Winslow Capital Management LLC, Advisor Group Holdings Inc., and Bank of New York Mellon Corp. 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, Philip P Boudreau, Randel William Woodgrift, Roger Bird, and Roxanne S Austin.
View insider buying and selling activity for Abbott Laboratories
.

Which major investors are buying Abbott Laboratories stock?

ABT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Fisher Asset Management LLC, GQG Partners LLC, WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST, Prudential Financial Inc., Mn Services Vermogensbeheer B.V., Assenagon Asset Management S.A., and Two Sigma Advisers LP. Company insiders that have bought Abbott Laboratories stock in the last two years include John G Stratton, and Randel William Woodgrift.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Abbott Laboratories' stock price today?

One share of ABT stock can currently be purchased for approximately $106.86.

How big of a company is Abbott Laboratories?

Abbott Laboratories has a market capitalization of $189.20 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.

What is Abbott Laboratories' official website?

The official website for Abbott Laboratories is 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.

This page was last updated on 9/20/2020 by MarketBeat.com Staff

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