ABB stock: buy or sell?
September 20th, 2019
Should I buy ABB stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with ABB stock situation right now, hence this is not a suitable entry point.
|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?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we collected 14 ratings published for ABB stock in the last month. The general sentiment of these ratings is bearish for ABB stock, with 6 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-6||JPMorgan Chase & Co.||n/a||Sell|
|2019-7-9||JPMorgan Chase & Co.||n/a||Sell|
|2019-6-17||JPMorgan Chase & Co.||n/a||Sell|
|2019-5-3||Royal Bank of Canada||n/a||Hold|
|2019-4-8||JPMorgan Chase & Co.||n/a||Sell|
|2019-1-8||Bank of America||Neutral||Buy|
|2019-1-15||Royal Bank of Canada||n/a||Sector Perform|
ABB stock analysis
Shares of ABB ended today at $20.07 and slightly fell a lame -0.55%.
ABB shares slightly fell -0.55% to $20.07 today. Since price and SMA200d lines crossed up on Sep/4, ABB climbed $1.36 (7.27%). On July, SMA100d and SMA200d crossed up triggering a rise of 8.31%. ABB is retaking the upward trend marking a new rising bottom heading to break out over $20.49.
ABB closed this week at $20.07 and depreciated a lame -1.42%.
Since late August when ABB stock price broke up the SMA40w line, it gained $1.65 (8.96%). Since SMA20d and SMA40w crossed up early July, ABB price climbed $0.63 per share (3.24%).
ABB stock price history
ABB stock went public on April 6th, 2001 with a price of $9.151. Since then, ABB stock grew a 119.30%, with a yearly average of 6.60%. If you had invested right after ABB's IPO a $1,000 in ABB stock in 2001, it would worth $1,193.00 today.
1: Adjusted price after possible price splits or reverse-splits.
ABB stock historical price chart
ABB stock reached 52-week highs at $23.50, and all-time highs 2018-01-24 with a price of 26.57.
ABB stock price target is $21.40How 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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 3 price forecasts for ABB stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-3||Royal Bank of Canada||Reiterates||n/a||$21.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareABB failed analysts on February 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 resultsIn 2018, ABB annual turnover rose a wonderful 9.79% to $27,662.00 M USD from $25,196.00 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) stayed stable a -0.93% to 7.86%.
|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 sales for 2018-Q4, a -90.40% less compared to previous quarter. Reported quarter income marked $317.00 million with a profit margin of 35.66%. Profit margin boosted a 29.14% compared to previous quarter when profit margin was 6.51%. When comparing sales to same quarter last year, ABB sales marked a chilling slide and collapsed 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 buy shares of a stock, it's always worth to overview 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 next table shows ownership data compared to other related stocks:
|Market cap||$42.7 B||$40.1 B||$81.8 B||$121.2 B||$50.4 B|
|Total shares||2,130.0 M||615.1 M||8,730.0 M||719.5 M||323.5 M|
|Float shares||1,780.0 M||610.8 M||8,710.0 M||687.1 M||320.1 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$20.06 - $20.23|
|Average true range||$0.25|
|50d mov avg||$18.96|
|100d mov avg||$19.07|
|200d mov avg||$18.88|
ABB performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected Emerson Electric, General Electric, Honeywell International, Illinois Tool Works and United Technologies as the bechmarking frame for ABB stock.
|ITWIllinois Tool Wor...||3.28%||11.56%||8.06%|
ABB competitorsWe picked a few stocks to conform a list of ABB competitors to examine if you are interested in investing in ABB:
- Emerson Electric (EMR)
- General Electric (GE)
- Honeywell International (HON)
- Illinois Tool Works (ITW)
- United Technologies (UTX)
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