On Jun, 26 ABB Ltd (ABB) Reached 1 Year Low at $21.62

June 26, 2018 - By Anthony Rauscher

ABB Ltd (NYSE:ABB) Corporate Logo

ABB Ltd (NYSE:ABB) broke into $21.62 price per share also a yearly low. It was reported on Jun, 26 according to Barchart.com. ABB Ltd (NYSE:ABB) has $46.12 billion MC. $1.38B less could be NYSE:ABB valuation at $20.97 share price.

ABB is hitting $21.62 during the last trading session, after decreased 0.37%.Currently ABB Ltd is downtrending after 6.14% change in last June 26, 2017. ABB has also 553,829 shares volume. ABB underperformed by 18.71% the S&P500.

ABB Ltd (NYSE:ABB)’s earnings report is awaited by WallStreet on July, 19, according to Zacks. Analysts expect change of 13.33 % or $0.04 from previous year’s $0.3 earnings per share compared to current’s $0.34 earnings per share. ABB’s profit could reach $725.31M if the current earnings per share of $0.34 is accurate. After $0.31 EPS report last quarter, Wall Street now predicts 9.68 % EPS growth of ABB Ltd.

ABB Ltd (NYSE:ABB) Ratings Coverage

Total analysts of 2 have positions in ABB Ltd (NYSE:ABB) as follows: 0 rated it a “Buy”, 1 with “Sell” and 1 with “Hold”. The positive are 0. The firm has $29.0 highest while $22.5000 is the lowest PT. The average target $24.75 is 14.48% above the last ($21.62) price. Since January 17, 2018 according to StockzIntelligence Inc ABB Ltd has 3 analyst reports. On Wednesday, January 17 Robert W. Baird downgraded the shares of ABB in report to “Hold” rating. On Thursday, February 8 Robert W. Baird maintained ABB Ltd (NYSE:ABB) with “Hold” rating. On Wednesday, March 28 Jefferies maintained ABB Ltd (NYSE:ABB) with “Sell” rating.

Another two news for ABB Ltd (NYSE:ABB) were briefly posted by: Globenewswire.com on June 13, 2018 with title “New Research Coverage Highlights Accenture, Chico’s FAS, The Allstate, Sangamo Therapeutics, ABB, and First …”. The other Seekingalpha.com‘s article was titled “Enphase: The New Solar Model, Pay Your Customers To Buy Your Products” and posted on June 26, 2018.

ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide.The firm is valued at $46.12 billion. The firm provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, low- and medium-voltage switchgears, switches, DIN rail components, and installation materials for building, data center, rail, wind and solar, food and beverage, marine, and gas and oil industries.The P/E ratio is 22.62. It also offers motors, generators, variable speed drives, robots and robotics, solar inverters, wind converters, rectifiers, and excitation systems, as well as power quality and protection solutions, electric vehicle fast charging infrastructure solutions, and components and subsystems for railways, and related services for discrete automation, process industries, transportation, and utilities.

ABB Ltd (NYSE:ABB) Analyst Ratings Chart

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