STARTING THE DAY
Abbott Laboratories ABT began its day with a share price of 52.02. The change in volume gives a closer look at the stock with a percentage rate of 1.03%. 54.94 was the targeted price for Abbott Laboratories having a 6221827 volume of shares. 90542.06 is the market capitalization of ABT, exhibiting the market value in times of shares outstanding.
ASSESSING THE VALUATIONS
With an estimated value of 25.55 for 2017, Abbott Laboratories has a P/E ratio of 79.91. To fully grasp the existing nature of the stock, a trader will need to know the company’s stock price to its revenues. It is therefore an indicator of the value put on each dollar for the sales of the business or revenues. The P/S ratio for Abbott Laboratories is 3.84. A low ratio will specify that there is a probable undervaluation, while a ratio that is comparatively high above the average may indicate overvaluation. The current S&P 500 Price to sales ratio is 2.10+0.00 (0.03%).
The EPS this year for Abbott Laboratories, ABT is 0.65 following the EPC growth of next year of 11.56%. Investors will get a clear idea on how much they can earn per share on each of the outstanding shares of common stock. The profitability measures are a key indicator for any trader in assessing the valuations of the company. Sales for the past 5 years for Abbott Laboratories is -0.50%.
EVALUATING THE FINANCIALS
With its market cap stated above, the dividend yield for Abbott Laboratories, ABT is 2.04%. Return on assets is 2.00%. Return on equity is a metric of paramount significance. Therefore, ROE for Abbott Laboratories, ABT is 4.50%. To allow an investor to measure the variety of types of investment against one another, it is highly recommended to know the stock’s ROI. For the current period, return on investment for ABT is 6.70%.
UNDERSTANDING THE COMPANY OWNERSHIP
The outstanding shares for Abbott Laboratories is 1740.52 with a shares float of 1724.45. The average volume for the existing shares outstanding is 5673.41.
HOW WELL ARE THEY PERFORMING?
The performance for the week for Abbott Laboratories is 2.12% following the monthly performance of 6.66%. Bearing it in mind, the company saw a yearly performance of 24.30% for 2017 and its weekly volatility showed 1.12%. Volatility allows the investors to understand the amount of uncertainty or risk regarding the size of the changes over a stock’s value. A higher volatility makes the stock change rapidly over a short period of time in any direction. Low volatility for a stock will mean that it won’t change that dramatically. 1.27% was the current month’s volatility for Abbott Laboratories.
ABT has a 52 week high of 0.77% with a 52 week low of 39.17%. Abbott Laboratories saw a change of 1.42% since its opening of the day with a gap of -0.39%. The volume of shares for the company is currently 6221827.