What is Erste Group Bank’s Forecast for ABB FY2027 Earnings?

ABB Ltd (NYSE:ABBNY) – Stock analysts at Erste Group Bank increased their FY2027 EPS estimates for ABB in a research note issued to investors on Tuesday, May 12th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will post earnings of $3.42 per share for the year, up from their prior forecast of $3.40. The consensus estimate for ABB’s current full-year earnings is $2.36 per share.

Other research analysts have also issued reports about the company. Citigroup reiterated a “neutral” rating on shares of ABB in a research report on Thursday, April 23rd. Kepler Capital Markets downgraded ABB from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Zacks Research raised ABB from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of ABB in a report on Wednesday, May 6th. Finally, Wall Street Zen lowered shares of ABB from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $58.00.

ABB Stock Down 0.3%

Shares of NYSE ABBNY opened at $103.65 on Tuesday. The company has a market capitalization of $188.97 billion, a P/E ratio of 48.89, a P/E/G ratio of 2.48 and a beta of 1.36. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.37 and a quick ratio of 0.99. The company has a 50 day simple moving average of $91.52 and a 200-day simple moving average of $82.61. ABB has a 1 year low of $56.18 and a 1 year high of $107.84.

ABB Company Profile

ABB Ltd. is a global engineering and technology company headquartered in Zürich, Switzerland, with roots dating to the 1988 merger of ASEA and Brown, Boveri & Cie. The company develops and supplies technologies that enable electrification, automation and digitalization across utility, industrial, transportation and infrastructure markets. ABB’s offerings span hardware, software and services designed to improve efficiency, reliability and sustainability for its customers.

ABB’s principal activities include electrification products and systems for power distribution and management; industrial and factory automation solutions; robotics and discrete automation for manufacturing; and motion technologies including electric motors and drives.