Analysts See $0.34 EPS for ABB Ltd (ABB)

June 15, 2018 - By Hazel Jackson

ABB Ltd (NYSE:ABB) Logo

Analysts expect ABB Ltd (NYSE:ABB) to report $0.34 EPS on July, 19.They anticipate $0.04 EPS change or 13.33 % from last quarter’s $0.3 EPS. ABB’s profit would be $723.75 million giving it 17.26 P/E if the $0.34 EPS is correct. After having $0.31 EPS previously, ABB Ltd’s analysts see 9.68 % EPS growth. The stock increased 0.99% or $0.23 during the last trading session, reaching $23.47. About 2.77 million shares traded or 24.65% up from the average. ABB Ltd (NYSE:ABB) has declined 6.14% since June 15, 2017 and is downtrending. It has underperformed by 18.71% the S&P500.

ABB Ltd (NYSE:ABB) Ratings Coverage

Among 2 analysts covering ABB Ltd (NYSE:ABB), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. ABB Ltd had 3 analyst reports since January 17, 2018 according to SRatingsIntel. The rating was maintained by Jefferies with “Sell” on Wednesday, March 28. Robert W. Baird maintained it with “Hold” rating and $27.0 target in Thursday, February 8 report. On Wednesday, January 17 the stock rating was downgraded by Robert W. Baird to “Hold”.

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 $49.96 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 24.55 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.

Another recent and important ABB Ltd (NYSE:ABB) news was published by Globenewswire.com which published an article titled: “New Research Coverage Highlights Accenture, Chico’s FAS, The Allstate, Sangamo Therapeutics, ABB, and First …” on June 13, 2018.

ABB Ltd (NYSE:ABB) Ratings Chart

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