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.
Many analysts weighed in on price targets for ABB. The most optimistic analyst gave a price target of 31.56, which equates to a potential upside of 34.58 percent. The minimum price target given was 18.55, implying a possible loss of -20.9 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -4.64 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.79 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. 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.
Analysts estimate earnings of ABB to grow at a rate of 13.93 percent. The PEG ratio of a stock is another value frequently studied by investors. 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. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. ABB has a PEG ratio of 1.56.
In the trailing 52-weeks, ABB hit 25.83 at the highest peak, while it's lowest trading point was 20.26. Currently the stock is 15.75 percent higher than its low, and 9.21 percent lower than its 52-week 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 market cap of ABB is $50.58 billion. ABB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.