ABB (ABB) Getting Somewhat Favorable Media Coverage, Report Shows

News stories about ABB (NYSE:ABB) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ABB earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.837095289274 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Several brokerages have issued reports on ABB. Robert W. Baird reaffirmed a “buy” rating and set a $29.00 price objective on shares of ABB in a report on Friday. Zacks Investment Research downgraded shares of ABB from a “hold” rating to a “sell” rating in a research note on Tuesday, September 19th. Jefferies Group set a $20.00 target price on shares of ABB and gave the stock a “sell” rating in a research note on Tuesday, November 28th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of ABB in a research note on Friday, November 24th. Finally, Goldman Sachs Group reiterated a “buy” rating on shares of ABB in a research note on Monday. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $26.00.

Shares of ABB (NYSE:ABB) remained flat at $$26.10 during trading hours on Friday. 3,057,400 shares of the stock were exchanged, compared to its average volume of 1,926,631. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.37 and a quick ratio of 1.03. The stock has a market cap of $56,588.66, a price-to-earnings ratio of 20.88, a P/E/G ratio of 3.39 and a beta of 1.05. ABB has a 52-week low of $20.80 and a 52-week high of $26.48.

ABB (NYSE:ABB) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.04. The firm had revenue of $8.72 billion during the quarter, compared to the consensus estimate of $8.55 billion. ABB had a net margin of 6.79% and a return on equity of 18.65%. The firm’s revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 earnings per share. analysts anticipate that ABB will post 1.24 EPS for the current year.

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ABB Company Profile

ABB Ltd (ABB) is a holding company. The Company’s segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure.

Insider Buying and Selling by Quarter for ABB (NYSE:ABB)

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