Market Update: Abbott Laboratories (ABT) Sees Negative Movement, Closing at 126.22

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

In the latest session, Abbott Laboratories (NYSE: ABT) closed at $126.22 down -1.36% from its previous closing price of $127.96. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 8.64 million shares were traded. ABT stock price reached its highest trading level at $128.49 during the session, while it also had its lowest trading level at $125.595.

Ratios:

For a deeper understanding of Abbott Laboratories’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.67. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Oppenheimer on October 08, 2024, initiated with a Outperform rating and assigned the stock a target price of $130.

On September 19, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $131.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’25 when Earnhardt Lisa D sold 91,167 shares for $133.82 per share. The transaction valued at 12,199,968 led to the insider holds 71,928 shares of the business.

Earnhardt Lisa D sold 200 shares of ABT for $27,329 on Mar 07 ’25. The EVP AND GROUP PRESIDENT now owns 71,928 shares after completing the transaction at $136.65 per share. On Mar 07 ’25, another insider, Lisa D. Earnhardt, who serves as the Officer of the company, bought 200 shares for $136.65 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABT now has a Market Capitalization of 218905870336 and an Enterprise Value of 226450309120. As of this moment, Abbott’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.47, and their Forward P/E ratio for the next fiscal year is 22.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.22 while its Price-to-Book (P/B) ratio in mrq is 4.59. Its current Enterprise Value per Revenue stands at 5.398 whereas that against EBITDA is 21.136.

Stock Price History:

The Beta on a monthly basis for ABT is 0.74, which has changed by 0.19187915 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, ABT has reached a high of $141.23, while it has fallen to a 52-week low of $99.71. The 50-Day Moving Average of the stock is -3.49%, while the 200-Day Moving Average is calculated to be 7.16%.

Shares Statistics:

For the past three months, ABT has traded an average of 7.41M shares per day and 8575570 over the past ten days. A total of 1.73B shares are outstanding, with a floating share count of 1.72B. Insiders hold about 0.67% of the company’s shares, while institutions hold 78.84% stake in the company. Shares short for ABT as of 1743379200 were 21794639 with a Short Ratio of 2.94, compared to 1740700800 on 22932064. Therefore, it implies a Short% of Shares Outstanding of 21794639 and a Short% of Float of 1.26.

Dividends & Splits

According to the company, the forward annual dividend rate for ABT is 2.28, from 2.24 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017586559The stock’s 5-year Average Dividend Yield is 1.66. The current Payout Ratio is 29.33% for ABT, which recently paid a dividend on 2025-04-15 with an ex-dividend date of 1744675200. Stock splits for the company last occurred on 2013-01-02 when the company split stock in a 10000:4798 ratio.

Most Popular