ABB stock: buy or sell?

ABB stock price: $18.98 0.37% At close on July 15th, 2019

Updated on:
July 15th, 2019

1

ABB gained a slightly good 0.37% and closed at $18.98.

Should I buy ABB stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, ABB stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ABB will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is ABB stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we collected 9 ratings published for ABB stock in the last month.

The general sentiment of these ratings is bearish for ABB stock, with 5 negative ratings.
Is ABB a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-9JPMorgan Chase & Co.n/aSell
2019-6-17JPMorgan Chase & Co.n/aSell
2019-5-3Royal Bank of Canadan/aHold
2019-4-8JPMorgan Chase & Co.n/aSell
2019-3-4DNB MarketsBuyHold
2019-3-19Berenberg Bankn/aSell
2019-1-8Bank of AmericaNeutralBuy
2019-1-28Berenberg BankHoldSell
2019-1-15Royal Bank of Canadan/aSector Perform

ABB stock analysis

Daily outlook

Shares of ABB ended today at $18.98 and gained a slightly good 0.37%.

ABB closed today at $18.98 and gained a slightly good 0.37%. For the last 7 days when ABB stock price broke down the SMA200d line, it slid $-0.46 per share (-2.37%). Since last April when SMA50d and SMA100d crossed up, ABB price gained $0.26 per share (1.39%).

ABB stock chart (daily)

Weekly outlook

Shares of ABB stayed steady a slightly good 0.37% this week. By mid June ABB rocketed a phenomenal 5.33% in just one week.

If you observe the weekly chart, price is in a simple uptrend, tested $18.57 level and now climbing back aiming its last top at $20.27. This week ABB price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since last week when SMA20w and SMA40w crossed up, ABB price slipped $-0.46 per share (-2.37%).

ABB stock chart (weekly)

ABB stock price history

ABB IPO was on April 6th, 2001 at $9.15 per share1. Since then, ABB stock grew a 107.40%, with a yearly average of 6.00%. If you had invested right after ABB's IPO a $1,000 in ABB stock in 2001, it would worth $1,074.00 today.

1: Adjusted price after possible price splits or reverse-splits.

ABB stock historical price chart

ABB stock reached 52-week highs on September at $23.50, and all-time highs 2018-01-24 with a price of 26.57.

ABB stock price target is $21.00

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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. Currently, only 1 price prediction for ABB stock was posted in the last 30 days:
ABB stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-3Royal Bank of CanadaReiteratesn/a$21.00-
(in average)$0.00$21.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, ABB failed to meet the expectations of the experts and posted a hair-raising EPS of $0.30 per share when experts were expecting $0.40.
ABB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.29n/a
2017-Q3-n/a0.32n/a
2017-Q42018-02-080.250.3332.0%
2018-Q12018-04-190.310.310.0%
2018-Q22018-07-190.360.372.8%
2018-Q32018-10-250.380.34-10.5%
2018-Q42019-02-280.40.3-25.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a brilliant gain of 9.79% to $27,662.00 million USD. On the other hand, its profit margin (compared to revenues) stayed stable to 7.86%, that is $2,173.00 million.

ABB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$38,740 M-$2,620 M6.8%-
2014$39,830 M2.81%$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 M9.79%$2,173 M7.9%-1.81%

Quarterly financial results

ABB reported $889.00 million 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 climbed a 29.14% compared to previous quarter when profit margin was 6.51%. When comparing revenues to same quarter last year, ABB sales marked a scary drop down and plummed a -90.42%.
ABB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$8,260 M-$516 M6.2%-
2017-Q3$8,370 M1.33%$555 M6.6%7.55%
2017-Q4$9,280 M10.87%$393 M4.2%-29.14%
2018-Q1$8,627 M-7.04%$572 M6.6%45.55%
2018-Q2$8,889 M3.04%$681 M7.7%19.06%
2018-Q3$9,257 M4.14%$603 M6.5%-11.45%
2018-Q4$889 M-90.40%$317 M35.7%-47.43%
2019-Q1$6,847 M670.19%$535 M7.8%68.77%

ABB ownership

When you are planning to invest in shares of a company, it's always worth to review its ownership structure.

ABB shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.

In case of ABB stock, 4.45% 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 following table shows ownership data compared to other related stocks:

ABBEMRGEHONITW
Market cap$40.4 B$40.4 B$89.6 B$130.7 B$49.3 B
Total shares2,130.0 M615.0 M8,720.0 M746.9 M325.8 M
Float shares1,780.0 M611.0 M8,710.0 M695.7 M322.6 M
  - Institutional holdings (%)4.5%74.2%58.6%77.1%79.7%
  - Insider holdings (%)0.0%0.6%0.2%0.4%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

ABB summary

Monday, July 15th, 2019
Open$19.00
Close$18.98
Day range$18.92 - $19.01
Previous close$18.91
Session gain0.37%
Average true range$0.27
50d mov avg$19.15
100d mov avg$19.03
200d mov avg$19.15
Daily pattern
Weekly pattern lb01a

ABB performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose Emerson Electric, General Electric, Honeywell International, Illinois Tool Works and United Technologies as the bechmarking frame for ABB stock.
Stock3m6m12m
ABB -5.76%1.55%-11.52%
EMREmerson Electric-8.20%7.48%-4.23%
GEGeneral Electric9.96%18.18%-17.51%
HONHoneywell Interna...4.01%24.62%21.71%
ITWIllinois Tool Wor...-2.50%17.86%8.45%
UTXUnited Technologi...-2.22%18.31%4.60%

ABB competitors

One check before trading any stock is to have a look a list of its competitors, in this case for ABB. We chose 5 companies as ABB competitors as they are in the same industry or have similar market objectives.

Latest ABB stock news