Abbott Laboratories (ABT) is a leading medical devices business based in the US. It opened the day at $104.89 after a previous close of $104.76. During the day the price has varied from a low of $102.23 to a high of $104.99. The latest price was $102.36 (25 minute delay). Abbott Laboratories is listed on the NYSE and employs 107,000 staff. All prices are listed in US Dollars.
Since the stock market crash in March caused by coronavirus, Abbott Laboratories's share price has had significant positive movement.
Its last market close was $102.73, which is 14.87% up on its pre-crash value of $87.45 and 66.74% up on the lowest point reached during the March crash when the shares fell as low as $61.61.
If you had bought $1,000 worth of Abbott Laboratories shares at the start of February 2020, those shares would have been worth $721.80 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,180.37.
|52-week range||$61.61 - $114.195|
|50-day moving average||$103.7021|
|200-day moving average||$92.6192|
|Wall St. target price||$115|
|Dividend yield||$1.44 (1.35%)|
|Earnings per share (TTM)||$1.731|
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
|1 week (2020-09-14)||-3.15%|
|1 month (2020-08-24)||0.96%|
|3 months (2020-06-24)||17.25%|
|6 months (2020-03-24)||46.88%|
|1 year (2019-09-20)||22.47%|
|2 years (2018-09-21)||48.24%|
|3 years (2017-09-21)||99.03%|
|5 years (2015-09-21)||136.40%|
Valuing Abbott Laboratories stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Abbott Laboratories's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Abbott Laboratories's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 62x. In other words, Abbott Laboratories shares trade at around 62x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Abbott Laboratories's P/E ratio is best considered in relation to those of others within the medical devices industry or those of similar companies.
Abbott Laboratories's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.4436. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Abbott Laboratories's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider Abbott Laboratories's PEG ratio in relation to those of similar companies.
Abbott Laboratories's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $7.6 billion (£5.9 billion).
The EBITDA is a measure of a Abbott Laboratories's overall financial performance and is widely used to measure a its profitability.
To put Abbott Laboratories's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||$31.4 billion|
|Operating margin TTM||14%|
|Gross profit TTM||$18.7 billion|
|Return on assets TTM||4.01%|
|Return on equity TTM||9.86%|
|Market capitalisation||$196.2 billion|
TTM: trailing 12 months
There are currently 10.4 million Abbott Laboratories shares held short by investors – that's known as Abbott Laboratories's "short interest". This figure is 18.2% down from 12.7 million last month.
There are a few different ways that this level of interest in shorting Abbott Laboratories shares can be evaluated.
Abbott Laboratories's "short interest ratio" (SIR) is the quantity of Abbott Laboratories shares currently shorted divided by the average quantity of Abbott Laboratories shares traded daily (recently around 5.7 million). Abbott Laboratories's SIR currently stands at 1.82. In other words for every 100,000 Abbott Laboratories shares traded daily on the market, roughly 1820 shares are currently held short.
To gain some more context, you can compare Abbott Laboratories's short interest ratio against those of similar companies.
However Abbott Laboratories's short interest can also be evaluated against the total number of Abbott Laboratories shares, or, against the total number of tradable Abbott Laboratories shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Abbott Laboratories's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Abbott Laboratories shares in existence, roughly 10 shares are currently held short) or 0.006% of the tradable shares (for every 100,000 tradable Abbott Laboratories shares, roughly 6 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Abbott Laboratories.
Find out more about how you can short Abbott Laboratories stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Abbott Laboratories.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 33.33
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Abbott Laboratories's overall score of 33.33 (as at 08/01/2020) is pretty weak – landing it in it in the 61st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Abbott Laboratories is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
To gain some more context, you can compare Abbott Laboratories's total ESG risk score against those of similar companies.
Environmental score: 3.98/100
Abbott Laboratories's environmental score of 3.98 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Abbott Laboratories is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 20.71/100
Abbott Laboratories's social score of 20.71 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Abbott Laboratories is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 14.13/100
Abbott Laboratories's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Abbott Laboratories is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 3/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. A high-profile company, Abbott Laboratories scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Abbott Laboratories hasn't always managed to keep its nose clean.
Wondering how that compares? Below are the controversy scores of similar companies.
|Total ESG score||33.33|
|Total ESG percentile||60.7|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
|Level of controversy||3|
Dividend payout ratio: 79.07% of net profits
Recently Abbott Laboratories has paid out, on average, around 79.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Abbott Laboratories shareholders could enjoy a 1.35% return on their shares, in the form of dividend payments. In Abbott Laboratories's case, that would currently equate to about $1.44 per share.
Abbott Laboratories's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Abbott Laboratories's most recent dividend payout was on 17 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 14 July 2020 (the "ex-dividend date").
Abbott Laboratories's dividend payout ratio is perhaps best considered in relation to those of similar companies.
Abbott Laboratories's shares were split on a 10000:4798 basis on 2 January 2013. So if you had owned 4798 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your Abbott Laboratories shares – just the quantity. However, indirectly, the new 52% lower share price could have impacted the market appetite for Abbott Laboratories shares which in turn could have impacted Abbott Laboratories's share price.
Over the last 12 months, Abbott Laboratories's shares have ranged in value from as little as $61.61 up to $114.195. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Abbott Laboratories's is 0.9521. This would suggest that Abbott Laboratories's shares are less volatile than average (for this exchange).
To put Abbott Laboratories's beta into context you can compare it against those of similar companies.
Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. Its Established Pharmaceutical Products segment offers generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptom; gynecological disorder; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière's disease and vestibular vertigo; pain, fever, and inflammation; migraine; and anti-infective clarithromycin, as well as provides influenza vaccines and products that regulate physiological rhythm of the colon. The company's Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automates the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detects and measures infectious agents; cartridges for blood analysis; rapid diagnostics systems; molecular point-of-care testing for HIV, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test systems, as well as remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. Its Nutritional Products segment provides pediatric and adult nutritional products. The company's Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases, as well as neuromodulation devices for the management of chronic pain and movement disorders. This segment also provides glucose and blood glucose monitoring systems. Abbott Laboratories has an agreement with Tandem Diabetes Care to develop and commercialize integrated diabetes solutions. The company was founded in 1888 and is headquartered in North Chicago, Illinois.
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