Analyst Ratings for ABB Ltd. ADR (ABB)Updated: 2017-07-28
Analysts covering ABB Ltd. ADR (NYSE:ABB) have given it a consensus rating of Hold. ABB had previously received a consensus rating of Hold a month ago.
9 analysts declared ABB a buy, 2 gave an overweight rating, 19 gave a hold rating, 2 issued an underweight rating, and 5 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for ABB by the analysts covering the stock. The maximum price target given was 31.56, which equates to a potential upside of 34.58 percent. The lowest price target was 18.55, implying potential capital losses of -20.9 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -4.64 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.79 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
ABB has an estimated earnings growth rate of 13.93 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ABB is 1.56.
ABB has traded between a high of 25.83 and a low of 20.26 over the past year. The current market price is above the trailing year's low by 15.75 percent, and 9.21 percent below the high. ABB has a price/earnings ratio of 21.75. Investors typically compare the P/E ratio to a company's peers in the industry. The ABB value stock report compares ABB to some of its peers using value stock charts. The stock has a market capitalization of $50.58 billion. ABB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.