
ABB Ltd (NYSE:ABBNY – Free Report) – Research analysts at Erste Group Bank upped their FY2026 EPS estimates for shares of ABB in a note issued to investors on Monday, April 27th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will post earnings of $3.11 per share for the year, up from their previous forecast of $3.09. The consensus estimate for ABB’s current full-year earnings is $2.36 per share.
Several other research firms have also weighed in on ABBNY. Citigroup restated a “neutral” rating on shares of ABB in a report on Thursday, April 23rd. Barclays upgraded shares of ABB from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Wall Street Zen upgraded ABB from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Sanford C. Bernstein upgraded ABB from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 7th. Finally, Kepler Capital Markets downgraded ABB from a “strong-buy” rating to a “hold” rating in a research note on Monday. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $58.00.
ABB Stock Performance
NYSE:ABBNY opened at $96.49 on Wednesday. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $177.92 billion, a price-to-earnings ratio of 45.51, a PEG ratio of 2.48 and a beta of 1.28. The firm’s fifty day simple moving average is $88.09 and its 200 day simple moving average is $80.06. ABB has a twelve month low of $51.50 and a twelve month high of $100.22.
About ABB
ABB Ltd. is a global engineering and technology company headquartered in Zürich, Switzerland, with roots dating to the 1988 merger of ASEA and Brown, Boveri & Cie. The company develops and supplies technologies that enable electrification, automation and digitalization across utility, industrial, transportation and infrastructure markets. ABB’s offerings span hardware, software and services designed to improve efficiency, reliability and sustainability for its customers.
ABB’s principal activities include electrification products and systems for power distribution and management; industrial and factory automation solutions; robotics and discrete automation for manufacturing; and motion technologies including electric motors and drives.
Further Reading
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