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 highest price target was 31.56, implying potential capital gains of 34.58 percent. The most pessimistic analyst gave a price target of 18.55, which equates to a potential downside of -20.9 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -4.64 percent. 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. 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, compared to 2 analysts that revised their FY estimates downwards.
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. A lower PEG ratio is favorable, 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. 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. Today's price is 15.75 percent above the 52-week 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 will post this quarters earnings in days, on 0000-00-00.