ABB Ltd (ABB)

NYSE: ABB · IEX Real-Time Price · USD
25.47
+0.09 (0.35%)
Sep 27, 2022 4:00 PM EDT - Market closed
0.35%
Market Cap 48.92B
Revenue (ttm) 28.95B
Net Income (ttm) 4.55B
Shares Out 1.92B
EPS (ttm) 2.18
PE Ratio 11.68
Forward PE 15.15
Dividend $0.88 (3.44%)
Ex-Dividend Date Mar 28, 2022
Volume 2,476,440
Open 25.70
Previous Close 25.38
Day's Range 25.28 - 25.91
52-Week Range 25.20 - 39.11
Beta 1.10
Analysts Buy
Price Target 33.66 (+32.2%)
Earnings Date Jul 21, 2022

About ABB

ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboard and panelboards, switchgear, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling system... [Read more...]

Industry Electrical Equipment
IPO Date Oct 23, 1996
CEO Bjorn Rosengren
Employees 106,380
Stock Exchange NYSE
Ticker Symbol ABB
Full Company Profile

Financial Performance

In 2021, ABB Ltd's revenue was $28.95 billion, an increase of 10.76% compared to the previous year's $26.13 billion. Earnings were $4.55 billion, a decrease of -11.66%.

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for ABB stock is "Buy." The 12-month stock price forecast is 33.66, which is an increase of 32.16% from the latest price.

Price Target
$33.66
(32.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Is the Options Market Predicting a Spike in ABB Stock?

Investors need to pay close attention to ABB stock based on the movements in the options market lately.

7 hours ago - Zacks Investment Research

3 Blue Chip Stocks With Growth Potential You Can't Miss

These companies face near-term risk coming from a slowing economy, but they are all transforming their businesses for long-term growth.

Other symbols: HONUPS
2 days ago - The Motley Fool

ABB Shares Decline 24.1% in 6 Months: What's Hurting It?

Supply-chain disturbances and freight cost woes are hurting ABB's operations. Unfavorable foreign-currency movements are an added concern.

6 days ago - Zacks Investment Research

Smart Solar Market Size to Hit USD 13.33 Billion by 2027 | Merger and Acquisition by ABB and Aeris to Create Promisin...

Smart Solar Market to Exhibit 9.95% CAGR by 2027; Growing Acceptance of Paris Climate Change Agreement Globally to Surge Demand: Fortune Business Insights™ Smart Solar Market to Exhibit 9.95% CAGR by 20...

1 week ago - GlobeNewsWire

Bottlenecks, supply problems improving at ABB robotics division - board member

Bottlenecks in the supply of semiconductors and other components for ABB 's robotics division are improving, the board member responsible for the unit said late on Monday.

2 weeks ago - Reuters

ABB Shareholders Approve Accelleron Spin-off

ZURICH--(BUSINESS WIRE)--The shareholders of ABB approved the proposed spin-off of its Accelleron turbocharging division at today's Extraordinary General Shareholders Meeting of ABB Ltd held in Zurich. ...

2 weeks ago - Business Wire

ABB shareholders approve Accelleron spinoff

ABB shareholders approved on Wednesday spinning off turbocharging business Accelleron, whose products increase engine output and raise efficiency while also reducing fuel consumption.

2 weeks ago - Reuters

ABB, ATS Global Sign MOU to Expand ABB Ability DCA Business

The collaboration with ATS Global helps ABB strengthen its distribution channel, improve industry knowledge and increase lead generation.

1 month ago - Zacks Investment Research

Here's Why You Should Steer Clear of the ABB Stock for Now

Volume softness due to supply-chain woes, raw material cost inflation and foreign-currency headwinds are weighing on ABB's operations.

Other symbols: GEFLNN
1 month ago - Zacks Investment Research

3 High-Yield Dividend Stocks That Are Passive Income Machines

After a period of six years, you could expect a $10,000 investment in this basket of dividend stocks to earn at least $2,000 in passive dividend income.

Other symbols: BEPBEPCMMM
1 month ago - The Motley Fool

ABB Earnings Recap: A Bright Future Ahead

The second half of 2022 is shaping up to be strong for this electrical products company.

2 months ago - The Motley Fool

ABB Q2 Earnings and Revenues Miss Estimates, Orders Rise Y/Y

ABB's second-quarter 2022 revenues decrease 3% year over year due to lackluster performance across most segments. Order rises across all segments.

2 months ago - Zacks Investment Research

Notice of ABB's Extraordinary General Meeting on September 7, 2022

ZURICH--(BUSINESS WIRE)--ABB today published the invitation to its Extraordinary General Meeting (EGM) in relation to the proposed spin-off of its Accelleron turbocharging business, which will be held o...

2 months ago - Business Wire

4 Manufacturing Electronics Stocks to Watch Amid Supply Chain Woes

While the Zacks Manufacturing-Electronics industry's near-term prospects appear murky due to supply chain woes and raw material cost inflation, effective pricing action should aid ABB, EMR, RRX and LGL.

Other symbols: EMRLGLRRX
2 months ago - Zacks Investment Research

Global manufacturers see chip shortage easing

Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle ...

Other symbols: HYMTF
2 months ago - Reuters

ABB expects inflation to decline as commodity prices ease

ABB expects lower inflation in future as commodity prices decline and higher interest rates take an effect, CEO Bjorn Rosengren said on Thursday.

2 months ago - Reuters

ABB Q2 profit plunges on legacy charges and decision to quit Russia

ABB reported a 50% drop in shareholders' profit during its second quarter as the Swiss engineering and technology company took hefty charges from exiting fringe businesses and its decision to quit Russi...

2 months ago - Reuters

ABB: Q2 2022 Results

ZURICH--(BUSINESS WIRE)--Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Orders $8.8 billion, +10%; comparable1 +20% Revenues $7.3 billion, -3%; comparable +6% Income from op...

2 months ago - Business Wire

ABB to Spin Off its Accelleron Turbocharging Business

ZURICH--(BUSINESS WIRE)--Following a decision by its Board of Directors, ABB today announces its intention to spin off Accelleron (formerly ABB Turbocharging), its market-leading turbocharging division,...

2 months ago - Business Wire

ABB and Red Hat Partner to Deliver Further Scalable Digital Solutions Across Industrial Edge and Hybrid Cloud

ZURICH, Switzerland & RALEIGH, N.C--(BUSINESS WIRE)--ABB and Red Hat announced a partnership to enable industries using ABB's process automation and industrial software to scale rapidly and flexibly.

2 months ago - Business Wire

7 Value Stocks to Buy in July 2022

Investors should pay a lot of attention to high-quality value stocks with sound fundamentals and low valuations. The post 7 Value Stocks to Buy in July 2022 appeared first on InvestorPlace.

Other symbols: AAACIEOGEXPELEGTGT
2 months ago - InvestorPlace

ABB Applauded by Frost & Sullivan for Decreasing Power Consumption and Lowering Carbon Emissions with Its Power Techn...

ABB's Power Technology Subsea System, a reliable subsea energy supply, saves power and energy, decreases costs and schedule, and reduces pollution. SAN ANTONIO , June 29, 2022 /PRNewswire/ -- Frost & Su...

2 months ago - PRNewsWire

ABB survey finds 70% of US businesses looking to bring production closer to home, robotic automation and workforce up...

In response to the COVID-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of U.S.-based companies are planning...

2 months ago - GlobeNewsWire

ABB's new Ty-Rap® TyGenic™ antimicrobial detectable cable ties help cut contamination risk

The cost of contamination can add up, averaging between $10-30 million in direct costs of a recall, plus lost sales, customer confidence and more. In facilities where bacteria reduction and detectabilit...

2 months ago - GlobeNewsWire

Reasons Why You Should Avoid Investing in ABB Stock Now

ABB is experiencing cost concerns and a high tax rate along with weakness across its Motion and Robotics & Discrete Automation segments.

3 months ago - Zacks Investment Research