
ABB Ltd (OTCMKTS:ABBNY – Free Report) – Investment analysts at Erste Group Bank reduced their FY2026 earnings estimates for ABB in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the industrial products company will earn $3.25 per share for the year, down from their prior estimate of $3.28. The consensus estimate for ABB’s current full-year earnings is $3.61 per share.
A number of other brokerages also recently commented on ABBNY. Zacks Research downgraded ABB from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 22nd. Berenberg Bank upgraded ABB to a “hold” rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft raised shares of ABB from a “sell” rating to a “hold” rating in a report on Thursday, April 23rd. Dnb Carnegie upgraded shares of ABB from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Finally, Citigroup reaffirmed a “neutral” rating on shares of ABB in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $58.00.
ABB Stock Down 1.0%
OTCMKTS:ABBNY opened at $97.29 on Monday. The company has a current ratio of 1.38, a quick ratio of 1.05 and a debt-to-equity ratio of 0.43. The stock has a 50 day moving average of $104.76 and a 200-day moving average of $92.97. The firm has a market capitalization of $177.37 billion, a PE ratio of 35.12, a price-to-earnings-growth ratio of 1.54 and a beta of 1.36. ABB has a 52 week low of $63.77 and a 52 week high of $110.20.
ABB (OTCMKTS:ABBNY – Get Free Report) last issued its earnings results on Thursday, July 16th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.13). ABB had a return on equity of 31.52% and a net margin of 13.86%.The business had revenue of $9.47 billion during the quarter, compared to the consensus estimate of $9.34 billion.
About ABB
ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.
Recommended Stories
- Five stocks we like better than ABB
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for ABB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ABB and related companies with MarketBeat.com's FREE daily email newsletter.
