ABB stock: buy or sell?

ABB stock price: $22.42 0.45% At close on February 26th, 2020

Updated on:
February 26th, 2020

2

After sliding for 4 sessions, Wednesday ABB appreciated a tiny 0.45%, closing at $22.42. Last session broke a streak of 4 red days in a row. On Feb/24 ABB plummed a frightening -5.22%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

How 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 Share

ABB failed analysts when it posted an Earnings per Share (EPS) of $0.30 when the analysts' forecast was $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 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.

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 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%.
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 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:

ABB
Market cap$47.8 B
Total shares2,130.0 M
Float shares1,760.0 M
  - Institutional holdings (%)4.5%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

ABB summary

Wednesday, February 26th, 2020
Open$22.66
Close$22.42
Day range$22.38 - $22.85
Previous close$22.32
Session gain0.45%
Average true range$0.42
50d mov avg$23.94
100d mov avg$22.43
200d mov avg$20.75
Daily pattern
Weekly pattern lt06c

ABB performance

Stocks 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 :
Stock3m6m12m
ABB 2.70%17.88%19.19%

ABB competitors

Unfortunately, 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