ABB stock: buy or sell?
February 26th, 2020
Should I buy ABB stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, ABB stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ABB stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for ABB stock for the last month.
ABB stock analysis
After sliding for 4 sessions, Wednesday ABB appreciated a tiny 0.45%, closing at $22.42.
After sliding for 4 days, Wednesday ABB appreciated a tiny 0.45%, closing at $22.42. Since price and SMA200d lines crossed up on October, ABB climbed $3.56 (18.88%). On October, SMA50d and SMA100d crossed up triggering a rise of 17.01%.
ABB closed this week at $22.42 and collapsed a frightening -6.54%. For 3 weeks in a row, price slid and lost a -7.98%.
ABB stock slid through the support what triggered further losses. Price is now looking for lower supports, and best candidates are and 2. Since mid October 2019 when ABB stock price broke up the SMA40w line, it gained $3.94 (21.32%). Early July, SMA20w and SMA40w crossed up triggering a rise of 15.33%.
ABB stock price history
ABB stock went public on April 6th, 2001 with a price of $9.151. Since then, ABB stock grew a 145.00%, with a yearly average of 8.10%. If you had invested right after ABB's IPO a $1,000 in ABB stock in 2001, it would worth $1,450.00 today.
1: Adjusted price after possible price splits or reverse-splits.
ABB stock historical price chart
ABB stock reached 52-week highs on February 5th at $25.30, and all-time highs 2018-01-24 with a price of 26.57.
ABB stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' ABB stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for ABB stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareABB failed analysts when it posted an Earnings per Share (EPS) of $0.30 when the analysts' forecast was $0.40.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a phenomenal gain of 9.79% to $27,662.00 million dollars. On the other hand, its profit margin (compared to sales) stayed stable to 7.86%, that is $2,173.00 million.
|2013||$38,740 M||-||$2,620 M6.8%||-|
|2014||$39,830 M||2.81%||$2,594 M6.5%||-0.99%|
|2015||$35,481 M||-10.92%||$1,933 M5.4%||-25.48%|
|2016||$33,828 M||-4.66%||$1,899 M5.6%||-1.76%|
|2017||$25,196 M||-25.52%||$2,213 M8.8%||16.54%|
|2018||$27,662 M||9.79%||$2,173 M7.9%||-1.81%|
Quarterly financial resultsABB posted $889.00 M in revenues for 2018-Q4, a -90.40% less compared to previous quarter. Reported quarter income marked $317.00 M with a profit margin of 35.66%. Profit margin skyrocketed a 29.14% compared to previous quarter when profit margin was 6.51%. When comparing turnover to same quarter last year, ABB sales marked a chilling correction and plummed a -90.42%.
|2017-Q2||$8,260 M||-||$516 M6.2%||-|
|2017-Q3||$8,370 M||1.33%||$555 M6.6%||7.55%|
|2017-Q4||$9,280 M||10.87%||$393 M4.2%||-29.14%|
|2018-Q1||$8,627 M||-7.04%||$572 M6.6%||45.55%|
|2018-Q2||$8,889 M||3.04%||$681 M7.7%||19.06%|
|2018-Q3||$9,257 M||4.14%||$603 M6.5%||-11.45%|
|2018-Q4||$889 M||-90.40%||$317 M35.7%||-47.43%|
|2019-Q1||$6,847 M||670.19%||$535 M7.8%||68.77%|
ABB ownershipWhen you are planning to invest in a company, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ABB, 0.00% of all outstanding shares are owned by its staff.
In case of ABB stock, 4.48% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ABB stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$47.8 B|
|Total shares||2,130.0 M|
|Float shares||1,760.0 M|
|- Institutional holdings (%)||4.5%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Wednesday, February 26th, 2020|
|Day range||$22.38 - $22.85|
|Average true range||$0.42|
|50d mov avg||$23.94|
|100d mov avg||$22.43|
|200d mov avg||$20.75|
ABB performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare ABB performance to :
ABB competitorsUnfortunately, we could not find any public company that could be defined as ABB competitor. This doesn't mean ABB does not have any competitor in the market, it's just we could not detected it.
Latest ABB stock news
- Seeking AlphaWith Power Grids Out Of The Picture, Is Electrification Next To Go At ABB?April 23, 2019
- Seeking AlphaThe Sale Of Power Grids Creates Immediate Value For ABB ShareholdersDecember 17, 2018
- Seeking AlphaFor ABB, It's About Cycle, Self-Improvement, And SentimentOctober 8, 2018
- Seeking AlphaGrowth Is Picking Up At ABB, With Book-To-Bill Indicating It Will Not Slow Down SoonAugust 13, 2018
- Seeking AlphaWill Two Straight Good Quarters Mark A Turn For ABB?July 20, 2018