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 highest price target was 31.56, implying a possible profit of 34.58 percent. The lowest price target was 18.55, implying a possible loss of -20.9 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.79 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of ABB's earnings is estimated by analysts to be 13.93 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ABB has a PEG ratio of 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 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 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.