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ABT

Analyzing Abbott Laboratories' Stock Performance

Shares of Abbott Laboratories have moved -0.2% today, and are now trading at a price of $135.78. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 424,677 compared to the stock's average volume of 6,407,979.

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. Based in North Chicago, United States the company has 114,000 full time employees and a market cap of $236,319,522,816. Abbott Laboratories currently offers its equity investors a dividend that yields 1.7% per year.

The company is now trading -4.87% away from its average analyst target price of $142.72 per share. The 25 analysts following the stock have set target prices ranging from $122.0 to $159.0, and on average give Abbott Laboratories a rating of buy.

Over the last 52 weeks, ABT stock has risen 18.5%, which amounts to a 2.0% difference compared to the S&P 500. The stock's 52 week high is $141.23 whereas its 52 week low is $110.86 per share. Based on Abbott Laboratories's average net margin growth of 17.7% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2024 41,950,000 13,402,000 32 128.57
2023 40,109,000 5,723,000 14 -12.5
2022 43,653,000 6,933,000 16 0.0
2021 43,075,000 7,071,000 16 23.08
2020 34,608,000 4,495,000 13 8.33
2019 31,904,000 3,687,000 12
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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