What is Erste Group Bank’s Estimate for ABB FY2027 Earnings?

ABB Ltd (OTCMKTS:ABBNY) – Research analysts at Erste Group Bank increased their FY2027 earnings per share estimates for shares of ABB in a report issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the industrial products company will earn $3.69 per share for the year, up from their prior forecast of $3.54. The consensus estimate for ABB’s current full-year earnings is $3.76 per share.

ABB (OTCMKTS:ABBNY) last released its quarterly earnings data on Thursday, July 16th. The industrial products company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.13). The firm had revenue of $9.47 billion for the quarter, compared to the consensus estimate of $9.34 billion. ABB had a return on equity of 31.25% and a net margin of 13.86%.

Several other equities analysts have also issued reports on the stock. Wall Street Zen lowered shares of ABB from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Kepler Capital Markets lowered ABB from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup reissued a “neutral” rating on shares of ABB in a research note on Thursday, June 18th. TD Cowen reaffirmed a “hold” rating on shares of ABB in a research report on Tuesday, June 30th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of ABB in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $58.00.

ABB Stock Down 2.3%

Shares of OTCMKTS:ABBNY opened at $94.70 on Wednesday. The company has a 50 day moving average price of $103.93 and a two-hundred day moving average price of $93.91. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.05 and a current ratio of 1.43. The company has a market capitalization of $172.65 billion, a PE ratio of 34.19, a PEG ratio of 1.46 and a beta of 1.36. ABB has a 52 week low of $63.77 and a 52 week high of $110.20.

About ABB

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.