Media coverage about ABB (NYSE:ABB) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ABB earned a news impact score of 0.18 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.3991745666792 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s analysis:
- Robotics 2017 Asia Pacific Market Key Players – FANUC, ABB, Yaskawa, KUKA, OTC – Analysis and Forecast to 2022 (newsmaker.com.au)
- GE, Honeywell, ABB and Mitsui Investing in Element Platform of ‘Element Analytics’ (tdworld.com)
- William Blair Analysts Decrease Earnings Estimates for ABB Ltd (ABB) (americanbankingnews.com)
- Global AC Drives Market 2017 – ABB Ltd., Emerson Electric Co., Danfoss Group, Mitsubishi Electrical Co, Ltd. – Silver Pinyon Journal (silverpinyon.com)
- ABB and Formula E partner to write the future of e-mobility – Design Products & Applications (press release) (dpaonthenet.net)
Shares of ABB (ABB) traded up $0.18 during trading on Thursday, reaching $27.72. 1,111,107 shares of the company’s stock were exchanged, compared to its average volume of 2,175,751. The company has a current ratio of 1.37, a quick ratio of 1.03 and a debt-to-equity ratio of 0.48. The stock has a market cap of $59,660.00, a P/E ratio of 26.40, a P/E/G ratio of 2.88 and a beta of 1.06. ABB has a fifty-two week low of $22.04 and a fifty-two week high of $27.74.
ABB (NYSE:ABB) last issued its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.04. The business had revenue of $8.72 billion for 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 company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 EPS. sell-side analysts expect that ABB will post 1.27 EPS for the current fiscal year.
Several brokerages recently commented on ABB. Goldman Sachs Group reaffirmed a “buy” rating on shares of ABB in a research note on Monday, December 11th. Zacks Investment Research downgraded shares of ABB from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of ABB in a research note on Wednesday. Robert W. Baird reaffirmed a “buy” rating and issued a $29.00 target price on shares of ABB in a research note on Friday, December 15th. Finally, 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. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $26.67.
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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.
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