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.
ABB was given price targets by several analysts. The most optimistic analyst gave a price target of 31.56, which equates to a potential upside of 34.58 percent. The lowest price target was 18.55, which equates to a potential downside 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.
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. 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.
The growth rate of ABB's earnings is estimated by analysts to be 13.93 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ABB is 1.56.
In the last 52-weeks, ABB has achieved a high of 25.83 and a low of 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 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.