NYSE:ABBNY

ABB (ABBNY) Stock Price, News & Analysis

$49.29
+0.42 (+0.86%)
(As of 04/26/2024 ET)
Today's Range
$48.96
$49.34
50-Day Range
$45.23
$49.29
52-Week Range
$32.88
$49.34
Volume
193,198 shs
Average Volume
198,977 shs
Market Capitalization
$92.76 billion
P/E Ratio
25.41
Dividend Yield
1.24%
Price Target
N/A
ABBNY stock logo

About ABB Stock (NYSE:ABBNY)

ABB Ltd provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. The company's Motion segment designs, manufactures, and sells drives, motors, generators, and traction converters that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides control technologies, industrial software, advanced analytics, sensing and measurement technology, and marine propulsion systems; and repair, remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. The company's Robotics & Discrete Automation segment offers industrial and collaborative robots, autonomous mobile robotics, mapping and navigation solutions, robotic solutions, field services, spare parts, and digital services. This segment also provides solutions based on its programmable logic controllers, industrial PCs, servo motion, transport systems, and machine vision. It serves oil, gas, chemicals, mining, metals, cement, pulp and paper, pharmaceuticals, battery manufacturing, food and beverage, power generation, water, marine, and ports industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.

ABBNY Stock Price History

ABBNY Stock News Headlines

ABB (NYSE:ABBNY) Sets New 12-Month High at $49.32
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Kepler Capital Keeps Their Hold Rating on ABB Ltd (ABBNY)
ABB (NYSE:ABBNY) Hits New 52-Week High at $48.43
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
ABB Ltd's Dividend Analysis
ABB goes ex dividend Monday
ABB Ltd (ABBNY)
ABB price target raised by CHF 7 at Berenberg
Does ABB (VTX:ABBN) Deserve A Spot On Your Watchlist?
Kepler Capital Sticks to Its Hold Rating for ABB Ltd (ABBNY)
ABB Ltd 2023 Q4 - Results - Earnings Call Presentation
Handelsbanken gets more bearish on ABB, downgrades shares
ABB just downgraded at RBC Capital, here's why
ABB India Ltd ABB
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Today
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Switchgear & switchboard apparatus
Sub-Industry
N/A
Current Symbol
NYSE:ABBNY
Employees
50,300
Year Founded
1988

Profitability

Net Income
$3.75 billion
Pretax Margin
15.03%

Debt

Sales & Book Value

Annual Sales
$32.24 billion
Cash Flow
$2.45 per share
Book Value
$7.11 per share

Miscellaneous

Outstanding Shares
1,882,000,000
Free Float
1,789,785,000
Market Cap
$92.76 billion
Optionable
No Data
Beta
1.20

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Key Executives

  • Mr. Bjorn Klas Otto Rosengren (Age 65)
    Chief Executive Officer
    Comp: $7.67M
  • Mr. Timo J. Ihamuotila (Age 58)
    Chief Financial Officer
    Comp: $4.07M
  • Ms. Karin Lepasoon L.L.M. (Age 56)
    Chief Communications & Sustainability Officer
    Comp: $2.11M
  • Ms. Carolina Yvonne Granat (Age 52)
    Chief Human Resources Officer
    Comp: $2.88M
  • Dr. Peter Terwiesch (Age 58)
    President of Process Automation
    Comp: $3.51M
  • Dr. Sami Atiya (Age 60)
    President of Robotics & Discrete Automation Business
    Comp: $3.2M
  • Mr. Morten Wierod (Age 52)
    President of Electrification Business Area
    Comp: $3.97M
  • Mr. Alec Joannou
    Chief Information Officer
  • Ms. Ann-Sofie Nordh (Age 55)
    Group Senior VP & Head of Investor Relations
  • Ms. Natalia Shehadeh
    Interim General Counsel & Company Secretary

Should I Buy ABB Stock? ABBNY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in ABB Ltd:

  • ABB Ltd provides electrification, motion, and automation solutions for various industries globally, offering a diversified portfolio that can capture multiple market segments.
  • The company's focus on renewable power solutions aligns with the growing demand for sustainable energy sources, positioning ABB well in the transition towards a low-carbon future.
  • With a wide range of products including drives, motors, generators, and traction converters, ABB is driving innovation in industries, cities, infrastructure, and transportation, tapping into key sectors for future growth.
  • ABB's expertise in control technologies, industrial software, and advanced analytics enhances its offerings, providing comprehensive solutions for customers seeking efficiency and productivity improvements.
  • Considering the current stock price and recent performance, ABB Ltd shows potential for growth and value appreciation, making it an attractive investment opportunity.

Cons

Investors should be bearish about investing in ABB Ltd for these reasons:

  • Market competition in the electrification, motion, and automation sectors is intense, which could impact ABB's market share and profitability in the long run.
  • Global economic uncertainties and geopolitical factors may influence ABB's operations and financial performance, leading to potential risks for investors.
  • The company's exposure to various industries like oil, gas, and mining subjects it to sector-specific risks, making ABB vulnerable to fluctuations in these markets.
  • Technological advancements and rapid changes in customer preferences require continuous innovation and adaptation, posing challenges for ABB to stay ahead in the competitive landscape.
  • Investors need to carefully monitor ABB's financial health, market positioning, and strategic decisions to assess the long-term sustainability and growth prospects of their investment.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these ABB pros and cons to contact@marketbeat.com.

ABBNY Stock Analysis - Frequently Asked Questions

Should I buy or sell ABB stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ABB in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ABBNY shares.
View ABBNY analyst ratings
or view top-rated stocks.

How have ABBNY shares performed in 2024?

ABB's stock was trading at $44.30 at the beginning of the year. Since then, ABBNY stock has increased by 11.3% and is now trading at $49.29.
View the best growth stocks for 2024 here
.

How were ABB's earnings last quarter?

ABB Ltd (NYSE:ABBNY) released its quarterly earnings data on Wednesday, January, 31st. The industrial products company reported $0.50 earnings per share for the quarter, hitting analysts' consensus estimates of $0.50. The industrial products company earned $8.25 billion during the quarter, compared to analyst estimates of $8.15 billion. ABB had a net margin of 11.21% and a trailing twelve-month return on equity of 26.66%.

Is ABB a good dividend stock?

ABB (NYSE:ABBNY) pays an annual dividend of $0.61 per share and currently has a dividend yield of 1.25%. The dividend payout ratio is 31.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ABBNY will have a dividend payout ratio of 26.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ABBNY.

How do I buy shares of ABB?

Shares of ABBNY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does ABB have any subsidiaries?
The following companies are subsidiares of ABB: ABB (China) Investment Limited, ABB (China) Ltd., ABB (Hong Kong) Ltd., ABB (Namibia) (Pty) Ltd., ABB (P.J.S.C.), ABB (Private) Ltd., ABB (Pty) Ltd., ABB (Pvt) Ltd., ABB A/S, ABB AB, ABB AG, ABB AS, ABB AUTOMACAO LTDA, ABB AUTOMATION AND ELECTRIFICATION (VIETNAM)COMPANY LIMITED, ABB AUTOMATION HOLDINGS (THAILAND) CO. LTD., ABB Algeria SpA Asea Brown Boveri, ABB Algerie Produits SpA, ABB Asea Brown Boveri Ltd, ABB Asea Brown Boveri SRL, ABB Ausbildungszentrum Berlin gGmbH, ABB Australia Pty Limited, ABB Automation (Thailand) Co. Ltd., ABB B.V., ABB Bailey Beijing Engineering Co. Ltd., ABB Bailey Japan Limited, ABB Beijing Drive Systems Co. Ltd., ABB Beijing Switchgear Limited, ABB Beteiligungs- und Verwaltungsges. mbH, ABB Bulgaria EOOD, ABB Business Services Sp. z o.o., ABB Cable Management Products Ltd, ABB Canada EL Holding GmbH, ABB Capital AG, ABB Capital B.V., ABB Centroamérica y El Caribe S.A., ABB Chargedot Shanghai New Energy Technology Co. Ltd, ABB Colombia Ltda, ABB Construction (ABACON) S.A.E., ABB E-MOBILITY INC., ABB E-MOBILITY PTE. LTD., ABB E-mobility AB, ABB E-mobility AG, ABB E-mobility AS, ABB E-mobility GmbH, ABB E-mobility Holding Ltd, ABB E-mobility QFZ LLC, ABB E-mobility S.p.A., ABB E-mobility SAS, ABB E-mobility SL, ABB E-mobility Technology Shenzhen Co. Ltd, ABB E-mobility UK Limited, ABB ELECTRICAL & AUTOMATION W.L.L, ABB ELECTRIFICATION HOLDINGS (THAILAND) CO. LTD., ABB ELETRIFICACAO LTDA, ABB Ecuador S.A., ABB Electrical Control Systems S. de R.L. de C.V., ABB Electrical Equipment (Xiamen) Co. Ltd., ABB Electrical Equipment Ltd., ABB Electrical Industries Co. Ltd., ABB Electrical Machines, ABB Electrical Products (Shanghai) Co. Ltd., ABB Electrification (Thailand) Co. Ltd., ABB Electrification Canada ULC, ABB Electrification Norway AS, ABB Electrification Sweden AB, ABB Elektrik Sanayi A.S., ABB Engg. Technologies Co. (KSCC), ABB Engineering (Shanghai), ABB Engineering Trading and Service Ltd., ABB Equipo de Control Y Distribucion S. de R.L. de C.V., ABB Equity Limited, ABB FZ-LLC, ABB Finance (USA) Inc., ABB Finance B.V., ABB For Feeding Industries SAE, ABB France, ABB GLOBAL BUSINESS SERVICES AND CONTRACTINGINDIA PRIVATE LIMITED, ABB Global Industries and Services Private Limited, ABB Global Marketing FZ LLC, ABB Group Holdings Pty. Ltd., ABB Group Investment Management Pty. Ltd., ABB Guangdong Sihui Instrument Transformer Co. Ltd., ABB Hangzhou Winmation Automation Company Limited, ABB Holding AS, ABB Holdings (Pty) Ltd., ABB Holdings B.V., ABB Holdings Inc., ABB Holdings Limited, ABB Holdings Sdn. Bhd., ABB INDUSTRIAL SOLUTIONS (LODZ) S.A. W LIKWIDACJI, ABB Inc., ABB Inc., ABB India Limited, ABB Industrial Solutions (Australia) Pty Ltd, ABB Industrial Solutions (Belgium) BV, ABB Industrial Solutions (Bielsko-Biala) Sp. z o.o., ABB Industrial Solutions (Canada) Inc., ABB Industrial Solutions (Klodzko) Sp.z.o.o., ABB Industries (L.L.C.), ABB Industries FZ, ABB Information Systems Ltd., ABB Installation Products Caribe LLC, ABB Installation Products European Centre S.A., ABB Installation Products Inc, ABB Installation Products International LLC., ABB Installation Products Limited, ABB Installation Products Monterrey S. de R.L. de C.V., ABB Installációs Készülékek Kft., ABB Investment Holding 2 GmbH, ABB Investments (Pty) Ltd, ABB Inzeniring d.o.o., ABB Jiangjin Turbo Systems Company Limited, ABB K.K., ABB Kaufel GmbH, ABB LAFRENZE PROPERTY (PROPERTY) LIMITED, ABB LLC, ABB LLP., ABB LV Installation Materials Co. Ltd. Beijing, ABB Limitada, ABB Limited, ABB Limited/Jordan LLC., ABB Lineage Power Mexico S. de R.L. de C.V., ABB Logistics Center Europe GmbH, ABB Ltd., ABB Maghreb Services S.A., ABB Malaysia Sdn Bhd., ABB Management Services Ltd., ABB Mexico S.A. de C.V., ABB Motors and Mechanical, ABB Motors and Mechanical Inc, ABB N.V., ABB Norden Holding AB, ABB Operations Center Ltd., ABB Orange B.V., ABB Oryx Motors and Generators Service LLC, ABB Oy, ABB Panama Sales S.A., ABB Power & Automation (Private) Limited, ABB Power & Automation Limited, ABB Power Electronics (Germany) GmbH, ABB Power Electronics (Shanghai) Co. Ltd., ABB Power Electronics (Singapore) Pte. Ltd., ABB Power Electronics Inc., ABB Pte. Ltd., ABB Reinsurance AG, ABB Robotics (Zhuhai) Ltd, ABB Robotics Machine Tending Limited, ABB Robotics Solutions NV, ABB S.A., ABB S.A. de CV, ABB S.p.A., ABB SARL, ABB SAS, ABB SIA, ABB Schweiz AG, ABB Shanghai Free Trade Zone Industrial Co. Ltd., ABB Shanghai Motors Co. Ltd., ABB South Africa (Pty) Ltd., ABB Sp. z o.o., ABB Stotz-Kontakt Gmb, ABB Striebel & John GmbH, ABB Susa Inc., ABB Technologies Ltd., ABB Technologies S.A., ABB Technology SA, ABB Tianjin Switchgear Co. Ltd., ABB Transmission & Distribution Limited LLC, ABB Treasury Center (USA) Inc., ABB Turbo Systems (Hong Kong) Limited, ABB Turbochargers S.A.E., ABB UAB, ABB Verwaltungs AG, ABB Wirtschaftsbetriebe GmbH, ABB Xiamen Corporation Management Service Co. Ltd., ABB Xiamen Low Voltage Equipment Co. Ltd., ABB Xiamen Smart Technology Co. Ltd., ABB Xiamen Switchgear Co. Ltd., ABB Xinhui Low Voltage Switchgear Co. Ltd., ABB d.o.o., ABB eMobility Digital Venture GmbH, ABB for Electrical Industries (ABB ARAB) S.A.E., ABB for Electrical Solutions and Technologies K.S.C.C., ABB s.r.o., ABB s.r.o., ABBNG Limited, APS Technology Group, ASEA BROWN BOVERI Portugal Unipessoal Lda, ASTI France SAS, ASTI Mobile Robotics, Asea Brown Boveri Electrica SGPS (Angola) Limitada, Asea Brown Boveri Industrial Technical & CommercialCompany of Imports – Exports S.A., Asea Brown Boveri Lanka (Private) Limited, Asea Brown Boveri Ltd., Asea Brown Boveri S.A., Asea Brown Boveri S.A. de C.V., Asea Brown Boveri S.A.E., Asti Mobile Robotics GmbH, Asti Mobile Robotics Group SL, Asti Mobile Robotics SAU, B & R Automazione Industriale S.r.l., B & R Industrial Automation Ltd., B + R Industrie-Elektronik GmbH, B&R Automatyka Przemyslowa Sp.z.o.o., B&R Automação Industrial Ltda., B&R Holding GmbH, B&R Industrial Automation, B&R Industrial Automation (China) Co. Ltd., B&R Industrial Automation A/S, B&R Industrial Automation AB, B&R Industrial Automation Co. Ltd., B&R Industrial Automation Corp., B&R Industrial Automation GmbH, B&R Industrial Automation Iberica S.L.U., B&R Industrial Automation Inc., B&R Industrial Automation Pte. Ltd., B&R Industrial Automation Pvt. Ltd., B&R Industrie-Automation AG, B&R Industriële Automatisering B.V., B&R K.K., B+R Automation Industrielle SARL, B+R Industrial Automation OOO, B+R automatizace spol. s.r.o., BR Endüstriyel Otomasyon Sanayi ve Ticaret Limited Sirketi, Busch-Jaeger Elektro GmbH, Chargedot, Cherokee India Pvt. Ltd., Codian Robotics, Codian Robotics B.V., Codian Robotics of the Americas, Combustion Engineering Inc., Cylon Controls, Cylon Controls Limited, Cylon Energy Inc., DynaMotive Ltd., ELBI Elektrik, Edison Holding Corporation, Enervalis NV, Envitech Energy, Epyon, GE Industrial Solutions, Gomtec, Gresin Grupo Estudios Industriales, IMV Invertomatic Victron UK Limited, In-Charge Energy, Industrial C&S Hungary Kft., Industrial C&S of P.R. LLC, Industrial Connections & Solutions LLC, Industrial Connections of SA Pty. Ltd., Intrimmo BVBA, Jinan ABB SRI Rail Transit Equipment Technology Co. Ltd., Jordan Acquisition Group, KEYMILE - Business, Kaufel S.A., Kuhlman Electric Corp., Lineage Overseas LLC, Lineage Power (Argentina) S.R.L., Lineage Power (Luxembourg) S.A.R.L., Lineage Power China Co. Ltd., Lineage Power Holdings Inc., Lineage Power Matamoros S.A. de C.V., Lorentzen & Wettre, Los Gatos Research, Mincom, NUB3D S.L., Newave Energy Holding, Newron System, PT ABB Sakti Industri, Pinghu Zhuangbest Technology Development Co. Ltd., Power-One, Powercorp, Powertel India Pvt. Ltd., RGM - Rail vehicle power business, RMI Automation Co. Ltd., SVIA, SWISS TURBOCHARGERS SA DE CV, Saudi Industrial Solutions Ltd., Shanghai Zhuangbest Technology Development Co. Ltd., Shantou Winride Switchgear Co. Ltd., Sirius Holdings B.V., Smart Power Technology Co. Ltd., Spirit IT, Swissturbo (Shanghai) Investment Limited, SynerLeap powered by ABB AB, TURBO SYSTEMS AUSTRALIA PTY LTD, TURBO SYSTEMS ITALY S.P.A., TURBO SYSTEMS RUS LLC, TURBO-SUPERIOR SYSTEMS INDIA PRIVATE LIMITED, TURBOCHARGING GREECE SINGLE MEMBER SA, Thomas & Betts, Thomas & Betts Saudi Arabia Limited Liability Co., Trasfor, Tropos Networks, Turbo Systems Argentina S.A., Turbo Systems Canada Inc, Turbo Systems Colombia SAS, Turbo Systems Dominican Republic SRL, Turbo Systems Finland Oy, Turbo Systems Germany GmbH, Turbo Systems Holding Ltd, Turbo Systems Iberia S.L., Turbo Systems Korea Ltd., Turbo Systems Myanmar Limited, Turbo Systems Pakistan (Private) Limited, Turbo Systems South East Asia Pte. Ltd., Turbo Systems Switzerland Ltd, Turbo Systems The Netherlands B.V., Turbo Systems Turkey Mühendislik Makine Sanayi Ve TicaretAnonim Sirketi, Turbo Systems US Inc., Turbo Systems United Co. Ltd., Turbo Systems Verwaltungs Ltd, Turbocharging Bangladesh Limited, Turbocharging Brasil Ltda., Turbocharging Systems Co. Ltd., Turbocharging Systems France SAS, Turbocharging UK Limited, Turbosystems Nigeria Limited LTD, Validus DC Systems, Vectek Electronics, Ventyx, Verdi Holding Corporation, W.J. Furse & Co. Ltd., Yangzhou SAC Switchgear Co. Ltd, and Zhejiang Chargedot New Energy Technology Co. Ltd..
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This page (NYSE:ABBNY) was last updated on 4/27/2024 by MarketBeat.com Staff

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