ABB Ltd (ABB)
|Net Income (ttm)||4.55B|
|Ex-Dividend Date||Mar 28, 2022|
|Day's Range||25.28 - 25.91|
|52-Week Range||25.20 - 39.11|
|Price Target||33.66 (+32.2%)|
|Earnings Date||Jul 21, 2022|
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...]
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
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.
Investors need to pay close attention to ABB stock based on the movements in the options market lately.
These companies face near-term risk coming from a slowing economy, but they are all transforming their businesses for long-term growth.
Supply-chain disturbances and freight cost woes are hurting ABB's operations. Unfavorable foreign-currency movements are an added concern.
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...
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.
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. ...
ABB shareholders approved on Wednesday spinning off turbocharging business Accelleron, whose products increase engine output and raise efficiency while also reducing fuel consumption.
The collaboration with ATS Global helps ABB strengthen its distribution channel, improve industry knowledge and increase lead generation.
Volume softness due to supply-chain woes, raw material cost inflation and foreign-currency headwinds are weighing on ABB's operations.
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.
The second half of 2022 is shaping up to be strong for this electrical products company.
ABB's second-quarter 2022 revenues decrease 3% year over year due to lackluster performance across most segments. Order rises across all segments.
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...
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.
ABB expects lower inflation in future as commodity prices decline and higher interest rates take an effect, CEO Bjorn Rosengren said on Thursday.
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...
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...
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,...
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.
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...
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...
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...
ABB is experiencing cost concerns and a high tax rate along with weakness across its Motion and Robotics & Discrete Automation segments.