$0.33 EPS Expected for ABB Ltd (ABB)

January 20, 2018 - By Adrian Erickson

 $0.33 EPS Expected for ABB Ltd (ABB)

Analysts expect ABB Ltd (NYSE:ABB) to report $0.33 EPS on February, 14.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.33 EPS. ABB’s profit would be $690.36M giving it 21.22 P/E if the $0.33 EPS is correct. After having $0.34 EPS previously, ABB Ltd’s analysts see -2.94 % EPS growth. The stock increased 0.11% or $0.03 during the last trading session, reaching $28.01. About 1.12M shares traded. ABB Ltd (NYSE:ABB) has risen 23.97% since January 20, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

ABB Ltd (NYSE:ABB) Ratings Coverage

Among 15 analysts covering ABB Ltd (NYSE:ABB), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. ABB Ltd has $29.0 highest and $1800 lowest target. $24.33’s average target is -13.14% below currents $28.01 stock price. ABB Ltd had 36 analyst reports since August 21, 2015 according to SRatingsIntel. On Wednesday, April 20 the stock rating was upgraded by JP Morgan to “Neutral”. Jefferies maintained the shares of ABB in report on Thursday, July 20 with “Sell” rating. The stock of ABB Ltd (NYSE:ABB) has “Sell” rating given on Wednesday, April 5 by Jefferies. On Tuesday, January 10 the stock rating was upgraded by Bank of America to “Buy”. The stock of ABB Ltd (NYSE:ABB) has “Sell” rating given on Tuesday, June 13 by Jefferies. Morgan Stanley maintained the shares of ABB in report on Friday, April 28 with “Buy” rating. The company was initiated on Friday, September 4 by Berenberg. The stock has “Hold” rating by HSBC on Friday, August 19. The firm has “Neutral” rating given on Wednesday, October 5 by Robert W. Baird. The firm earned “Buy” rating on Friday, March 24 by Morgan Stanley.

ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide. The company has market cap of $58.60 billion. The firm provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, low- and medium-voltage switchgears, switches, DIN rail components, and installation materials for building, data center, rail, wind and solar, food and beverage, marine, and gas and oil industries. It has a 26.98 P/E ratio. It also offers motors, generators, variable speed drives, robots and robotics, solar inverters, wind converters, rectifiers, and excitation systems, as well as power quality and protection solutions, electric vehicle fast charging infrastructure solutions, and components and subsystems for railways, and related services for discrete automation, process industries, transportation, and utilities.

More news for ABB Ltd (NYSE:ABB) were recently published by: Fool.com, which released: “Is ABB Ltd (ADR) Destined for Greatness?” on June 10, 2014. Seekingalpha.com‘s article titled: “ABB: The Worst Is Behind But The Future Is Overvalued” and published on May 10, 2017 is yet another important article.

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