
ABB Ltd (OTCMKTS:ABBNY – Free Report) – Equities research analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for shares of ABB in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the industrial products company will post earnings per share of $3.25 for the year, down from their previous estimate of $3.28. The consensus estimate for ABB’s current full-year earnings is $3.76 per share.
Other equities analysts also recently issued research reports about the stock. TD Cowen restated a “hold” rating on shares of ABB in a research report on Tuesday, June 30th. Citigroup reaffirmed a “neutral” rating on shares of ABB in a report on Thursday, June 18th. Dnb Carnegie upgraded shares of ABB from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Berenberg Bank raised shares of ABB to a “hold” rating in a report on Monday, June 1st. Finally, Wall Street Zen downgraded shares of ABB from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, ABB currently has an average rating of “Hold” and a consensus target price of $58.00.
ABB Price Performance
Shares of OTCMKTS ABBNY opened at $99.80 on Monday. The stock has a fifty day moving average price of $104.67 and a 200 day moving average price of $93.16. ABB has a 1-year low of $63.77 and a 1-year high of $110.20. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.38 and a quick ratio of 1.05. The company has a market cap of $181.95 billion, a PE ratio of 36.03, a P/E/G ratio of 1.46 and a beta of 1.36.
ABB (OTCMKTS:ABBNY – Get Free Report) last released its earnings results on Thursday, July 16th. The industrial products company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.13). ABB had a net margin of 13.86% and a return on equity of 31.52%. The company had revenue of $9.47 billion during the quarter, compared to analyst estimates of $9.34 billion.
ABB Company Profile
ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.
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