Abbott/ABT

$104.39

-0.46%
-
1D1W1MYTD1YMAX

About Abbott

Abbott Laboratories is a global healthcare company. The Company is engaged in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment is engaged in the international sales of a broad line of branded generic pharmaceutical products. The Diagnostic Products segment is engaged in the worldwide sales of diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Nutritional Products segment is involved in the worldwide sales of a broad line of adult and pediatric nutritional products. The Medical Devices segment includes the worldwide sales of rhythm management, electrophysiology, heart failure, vascular, structural heart, neuromodulation, and diabetes care products.

Ticker

ABT

Sector

Healthcare

Trading on

NYSE

Industry

Medical Equipment & Supplies

CEO

Robert Ford

Employees

114,000

Headquarters

Abbott park, United States

Abbott Metrics

BasicAdvanced
$182B
Market cap
32.48
P/E ratio
$3.22
EPS
0.74
Beta
$2.08
Dividend rate
2.1%
Dividend yield
$182B
0.74154
$121.64
$89.67
5.7M
$2.08
1.596
1.109
32.404
37.583
65.63%
62.765
22.29%
7.7%
14.85%
9.6%
32.48
4.512
4.688
25.515
139.96
1.52%
1.99%
2.1%
-2.84%
-2.38%
5.04%
9.13%
12.31%

What the Analysts think about Abbott

Analyst Ratings

Majority rating from 25 analysts.
Buy

Price Targets

Average projection from 21 analysts.
20.92% upside
High $143.00
Low $107.00
$104.39
Current price
$126.23
Average price target

Abbott Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
12.29% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$10B
-2.7%
Net income
$1.2B
-23.15%
Profit margin
12.29%
-21.02%

Abbott Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.63%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.08
$1.14
$1.19
$0.98
-
Expected
$1.05
$1.10
$1.19
$0.95
$1.11
Surprise
2.89%
3.85%
0.1%
2.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Abbott stock?

Abbott (ABT) has a market cap of $181B as of May 20, 2024.

What is the P/E ratio for Abbott stock?

The price to earnings (P/E) ratio for Abbott (ABT) stock is 32.32 as of May 20, 2024.

Does Abbott stock pay dividends?

Yes, the Abbott (ABT) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $2.08 and the yield is 2.11%. Abbott has a payout ratio of 65.63% on a trailing twelve-month basis.

When is the next Abbott dividend payment date?

The next Abbott (ABT) dividend payment date is unconfirmed.

What is the beta indicator for Abbott?

Abbott (ABT) has a beta rating of 0.74. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Abbott stock price target?

The target price for Abbott (ABT) stock is $126.23, which is 21.27% above the current price of $104.09. This is an average based on projections from 21 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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