Economy

Earnings in focus: Abbott Laboratories (ABT)'s track record

Therefore 61% are positive. Finally, BMO Capital Markets reiterated a "hold" rating and issued a $48.00 price target on shares of Abbott Laboratories in a report on Tuesday, July 11th. The company was upgraded on Monday, December 7 by Jefferies. The rating was maintained by Jefferies on Thursday, July 14 with "Buy".

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 Chicagotribune.com with their article: "Abbott releases software fixes for heart devices that could be hacked" published on August 30, 2017, Seekingalpha.com published: "Buy Abbott Laboratories - Cramer's Lightning Round (9/15/17)" on September 18, 2017. The insider now holds 9,980 shares of Abbott Laboratories (ABT). The firm earned "Buy" rating on Monday, June 26 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Thursday, January 26 with "Outperform".

Abbott Laboratories (NYSE:ABT) touched its 1-Year High price of $52.60 on 09/11/17 and its 1-Year Low price of $37.38 on 12/01/16. The firm has "Buy" rating by Gabelli given on Friday, July 21.

Since March 31, 2017, it had 0 insider buys, and 2 selling transactions for $60,722 activity. Conner Raymond L. had sold 10,673 shares worth $1.95M on Monday, May 1.

Investors sentiment decreased to 0.88 in Q2 2017. 0 analysts call it Underweight, while 1 think it is Overweight. It is negative, as 69 investors sold ABT shares while 545 reduced holdings.

Insider trading activity is a great indicator of how a stock is performing, so let's take a look at Abbott Laboratories (NYSE:ABT). King Wealth Management Ltd reported 9,353 shares stake. Oakworth Cap Incorporated owns 0.2% invested in Abbott Laboratories (NYSE:ABT) for 15,147 shares. Windward Cap Ca accumulated 22,871 shares or 0.13% of the stock. First Personal Fin Services holds 0.2% or 19,237 shares. Nikko Asset Americas holds 0.03% of its portfolio in Abbott Laboratories (NYSE:ABT) for 8,800 shares. Marshall Wace Limited Liability Partnership invested 0.05% of its portfolio in Abbott Laboratories (NYSE:ABT). A beta of 1.0 tells you that a stock has been going up and down with the overall stock market. Iguana Healthcare Management LLC's holdings in Abbott Laboratories were worth $3,109,000 at the end of the most recent quarter. 419.99 million shares or 3.18% less from 433.79 million shares in 2017Q1 were reported. Garrison Fin has 106,458 shares for 3% of their portfolio. Atlanta Gp stated it has 0.07% of its portfolio in Abbott Laboratories (NYSE:ABT). Capstone Invest Llc holds 1.88% or 1.31M shares in its portfolio. It also reduced General Dynamics Corp (NYSE:GD) stake by 4,664 shares and now owns 17,423 shares.

Investors sentiment decreased to 0.86 in 2017 Q2. Its up 0.02, from 1.01 in 2017Q1. 17 funds opened positions while 45 raised stakes. Proshare Advsrs Limited Liability Company holds 0.01% of its portfolio in Allied World Assurance Company Hldgs Ltd (OTCMKTS:AWHHF) for 12,552 shares. Barbara Oil accumulated 9,000 shares or 1.05% of the stock. A statistical measure of the dispersion of returns (volatility) for ABT producing salvation in Investors mouth, it has week volatility of 1.12% and for the month booked as 1.14%. Prnewswire.com's news article titled: "Travelport Worldwide Limited Reports First Quarter 2017 Results" with publication date: May 09, 2017 was also an interesting one. Nbt Comml Bank N A Ny reported 119,076 shares. Prudential Financial Inc reported 368,154 shares. Cypress Asset Management Tx holds 39,993 shares. Ntv Asset Mngmt Ltd Liability reported 0.68% stake. Atlanta Mngmt L L C has invested 2.23% in IDEX Corporation (NYSE:IEX). Johnson Investment Counsel Inc owns 7,852 shares or 0.04% of their U.S. portfolio. Hedge funds and other institutional investors own 71.50% of the company's stock. Capital International Limited Ca holds 0.64% or 85,939 shares in its portfolio. Estabrook Cap Management accumulated 1,750 shares or 0% of the stock. Pacific Invest Mgmt Company stated it has 13,576 shares or 0.62% of all its holdings.

Analysts await IDEX Corporation (NYSE:IEX) to report earnings on October, 16. Lodestar Investment Counsel LLC IL now owns 267,771 shares of the healthcare product maker's stock worth $11,892,000 after acquiring an additional 10,731 shares during the last quarter. IEX's profit will be $80.97M for 29.15 P/E if the $1.06 EPS becomes a reality. Abbott Laboratories had a return on equity of 14.43% and a net margin of 4.96%. According to buy-side analysts, moving averages work quite well in strong trending conditions, but often poorly in choppy or ranging conditions.ABT has analyst rating of 2.00 on scale of 1-5. Therefore 11% are positive. Cheetah Mobile Inc had 8 analyst reports since September 14, 2015 according to SRatingsIntel. The company operates in the Healthcare sector with a market capitalization of 91.39 Million. BMO Capital Markets has "Market Perform" rating and $82 target. The firm has "Neutral" rating given on Tuesday, June 28 by JP Morgan. Zacks Investment Research raised shares of Abbott Laboratories from a hold rating to a buy rating and set a $58.00 target price on the stock in a research note on Friday. Citigroup Inc. initiated coverage on shares of Abbott Laboratories in a report on Thursday, August 17th. 21,600 are held by Peavine Capital Ltd Liability. The firm earned "Overweight" rating on Wednesday, October 7 by Barclays Capital.



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