ABB logged a 2.1% change during today's afternoon session, and is now trading at a price of $34.29 per share. The S&P 500 index moved 0.0% and the Nasdaq posted a 0.2% change. ABB's trading volume is 1,078,542 compared to the stock's average volume of 1,354,827.
ABB shares moved -8.3% over the last 52 weeks, with a high of $37.67 and a low of $24.27. During this time, the stock outperformed the S&P 500 index by 4.3%. As of January 2022, the company's 50-day average price is $31.0. ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. The large-cap Industrials company has 106,380 full time employees and is based in Zurich, Switzerland. ABB has returned a 2.7% dividend yield over the last 12 months.
The Company Has Positive Cash Flows and Earnings Trends:
|Gross Margins Growth||n/a||-5.35%||8.64%|
|Operating Margins Growth||n/a||-4.94%||50.65%|
|Earnings Per Share||$0.67||$2.43||$2.25|
|Free Cash Flow (MM)||$1,563||$999||$2,510|
|Capital Expenditures (MM)||-$762||-$694||-$820|
|Net Debt / EBITDA||1.96||1.27||0.36|
ABB Is Reasonably Priced:
Compared to the Industrials sector's average of 21.46, ABB has a trailing twelve month P/E ratio of 16.7 and, according to its EPS guidance of 1.55, an expected P/E ratio of 22.1.
ABB's P/B ratio is 5.4 compared to its sector average of 3.7. Therefore the company is likely overvalued in terms of its equity. Additionally, the company's shares are currently trading 115.8% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 3-year average EPS * book value per share) = √(22.5 * 1.78 * 6.306) = $15.89
Most of the Market Indicators on ABB Are Negative:
4 analysts are following ABB and have set target prices ranging from $29 to $40 per share. On average, they have given the company a rating of hold. At the current price of $34.29, ABB is trading -2.2% away from its average analyst target price of $35.06 per share, implying an analyst consensus of some upside potential for the stock.