Economy

Analysts See $0.65 EPS for Abbott Laboratories (ABT)

About 10,341 shares traded. The institutional investor held 77,736 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $3.78 million, up from 63,456 at the end of the previous reported quarter. The company has market cap of $90.24 billion. Obermeyer Wood Investment Counsel Lllp holds 0.03% or 6,135 shares. It is down 15.90% since September 22, 2016 and is uptrending. It has underperformed by 0.80% the S&P500. Toth Financial Advisory Corp lifted its holdings in Abbott Laboratories by 2.3% in the 2nd quarter. Ameritas Investment Ptnrs Inc holds 105,125 shares. The Fund invests in a portfolio of primarily large- and mid-cap securities. Conestoga Capital Advisors LLC now owns 9,223 shares of the healthcare product maker's stock valued at $410,000 after acquiring an additional 283 shares during the last quarter. About shares traded. HV Bancorp Inc (NASDAQ:HVBC) has 0.00% since September 22, 2016 and is. It has outperformed by 18.90% the S&P500. Perkins Coie Tru Com holds 0.05% or 1,772 shares in its portfolio.

Investors sentiment decreased to 0.88 in 2017 Q2. Its the same as in 2017Q1. II for 443,037 shares. (NYSE:RRC). Vanguard Gru has 23.20M shares for 0.03% of their portfolio. Dimensional Fund Advisors Limited Partnership invested in 118,256 shares or 0% of the stock. Meeder Asset Management Incorporated invested 0.02% of its portfolio in Abbott Laboratories (NYSE:ABT). Wallace Cap Management Inc holds 0.03% or 4,133 shares in its portfolio. Aviance Capital Management Llc, a Florida-based fund reported 32,767 shares. Foothills Asset Mngmt Limited reported 29,344 shares or 1.11% of all its holdings. Snow Mgmt LP reported 189,984 shares. 310,000 are owned by Chou Assoc Inc. Shares of ABT have uptrended 6.84% in the past three months, while the S&P 500 has moved 2.49% in that time. Thrivent For Lutherans stated it has 0% of its portfolio in Esterline Technologies Corporation (NYSE:ESL). The firm owned 243,650 shares of the healthcare product maker's stock after buying an additional 8,765 shares during the period. Therefore 25% are positive. Citigroup Inc. had 85 analyst reports since July 21, 2015 according to SRatingsIntel.

More notable recent Abbott Laboratories (NYSE:ABT) news were published by: Seekingalpha.com which released: "Can Abbott Top Its All-Time High?" on September 07, 2017, also Twst.com with their article: "Abbott Laboratories: Abbott Secures FDA Approval for MRI-Compatibility for the ..." published on September 22, 2017, Investorplace.com published: "3 Big Stock Charts for Tuesday: Abbott Laboratories (ABT), Aetna Inc (AET) and ..." on September 12, 2017. Abbott Laboratories presently has an average rating of "Buy" and an average target price of $52.71. The firm has "Perform" rating given on Tuesday, January 5 by Oppenheimer. Morgan Stanley has "Equal-Weight" rating and $4 target. The stock of Abbott Laboratories (NYSE:ABT) earned "Buy" rating by Cowen & Co on Monday, April 17. Barclays Capital has "Overweight" rating and $52 target. Goldman Sachs downgraded Esterline Technologies Corporation (NYSE:ESL) rating on Thursday, August 10.

Abbott Laboratories (NYSE:ABT) last released its earnings results on Thursday, July 20th. Its sales stood at -0.50% a year on average in the period of last five years. ABT's profit will be $1.13B for 19.97 P/E if the $0.65 EPS becomes a reality. Sather Financial Gp Inc reported 0.08% stake.

Abbott Laboratories (NYSE ABT) traded up 1.215% during midday trading on Friday, hitting $52.055. Therefore 70% are positive. Analysts predict that Abbott Laboratories will post $2.49 EPS for the current year. (NYSE:RRC), 26 have Buy rating, 2 Sell and 9 Hold. Finally, Wells Fargo & Company reissued an "outperform" rating and issued a $54.00 price target (up from $47.50) on shares of Abbott Laboratories in a report on Friday, June 30th. Roberts Glore Company Il reported 1.41% in Abbott Laboratories (NYSE:ABT). The firm has "Buy" rating by Jefferies given on Tuesday, March 15. The stock has "Buy" rating by Gabelli on Friday, July 21. The firm has "Buy" rating given on Wednesday, April 19 by Stifel Nicolaus. Zacks downgraded the shares of THG in report on Saturday, August 15 to "Buy" rating. On Thursday, July 20 the stock rating was maintained by RBC Capital Markets with "Buy".

Abbott Laboratories now has a P/E ratio of 72.03 and market capitalization is 89.36B. Jefferies maintained the stock with "Buy" rating in Friday, June 16 report. Contreras Jaime had sold 767 shares worth $34,240 on Friday, March 31.

Investors sentiment decreased to 0.92 in 2017 Q2.

Abbott Laboratories (NYSE:ABT) trading capacity remained 5.7 million shares during the last session. 35 funds opened positions while 68 raised stakes. Reilly Finance Advsr Lc reported 1.64% stake. The healthcare product maker reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.02.

The collective rating of 2 for Abbott Laboratories (NYSE:ABT) also leans strongly towards the neutral end of the spectrum. Dekabank Deutsche Girozentrale invested 0.3% in Abbott Laboratories (NYSE:ABT). S&Co accumulated 280,380 shares. M Kraus And Com has invested 2.39% in Abbott Laboratories (NYSE:ABT).

Aristotle Capital Management Llc increased Cullen Frost Bankers Inc (NYSE:CFR) stake by 95,993 shares to 1.83 million valued at $171.88M in 2017Q2. Boston Prtnrs invested 0.65% in Abbott Laboratories (NYSE:ABT). Its up 21.13% from 14,200 shares previously. Sta Wealth Mngmt Lc holds 5,186 shares or 0.1% of its portfolio.

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