ABB (ABB) Receives News Impact Rating of 0.14
News articles about ABB (NYSE:ABB) have trended somewhat positive on Friday, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. ABB earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 37 out of 100, indicating that recent media coverage is unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Global Process Analytical Technology Market 2017 : ABB Ltd, Bruker Corporation, Perkinelmer, Inc., Emerson Electric Co. – Last News 24 (last-news24.com)
- ABB India Ltd. Goes Digital with Their Invoice Signing Using E-Lock Software – PR.com (press release) (pr.com)
- ABB to strengthen power infrastructure in Iraq https://t.co/q59PgOvBBr $ABB (4-traders.com)
- Solid State Transformers Market, Industry Design, Global Market Concept and Key Players (sbwire.com)
- ABB India Ltd. goes digital with their invoice signing using E-Lock software (prlog.org)
Several research firms have commented on ABB. UBS AG lowered shares of ABB from a “neutral” rating to a “sell” rating in a research report on Tuesday, April 11th. BidaskClub lowered shares of ABB from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research raised shares of ABB from a “sell” rating to a “hold” rating and set a $28.00 price objective for the company in a research report on Monday, June 12th. Robert W. Baird reaffirmed an “outperform” rating and issued a $28.00 price objective (up from $27.00) on shares of ABB in a research report on Friday, June 16th. Finally, Citigroup Inc. reaffirmed a “sell” rating on shares of ABB in a research report on Friday, June 9th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. ABB presently has a consensus rating of “Hold” and an average price target of $24.25.
ABB (NYSE:ABB) traded down 0.38% during trading on Friday, reaching $23.39. 1,292,976 shares of the company’s stock were exchanged. ABB has a 52 week low of $20.26 and a 52 week high of $25.83. The stock has a market capitalization of $49.91 billion, a PE ratio of 22.53 and a beta of 1.06. The stock has a 50-day moving average of $24.71 and a 200-day moving average of $23.92.
ABB (NYSE:ABB) last issued its quarterly earnings data on Thursday, July 20th. The industrial products company reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.03. ABB had a net margin of 6.87% and a return on equity of 18.62%. The firm had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.55 billion. During the same quarter in the prior year, the firm posted $0.35 EPS. ABB’s quarterly revenue was down 2.6% compared to the same quarter last year. On average, equities research analysts anticipate that ABB will post $1.25 EPS for the current year.
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ABB Ltd (ABB) is a holding company. The Company’s segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure.
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