Summary Highlights:
- ABB (ABBNY, Financial) is poised for a promising Q1 earnings release on April 17th, with analysts predicting a year-over-year earnings per share increase of 8.2%.
- The company's revenue is expected to climb 4.1%, reaching $8.19 billion.
- Analysts' average price target suggests a modest upside, with a "Hold" consensus among brokerage firms.
Anticipated Earnings and Revenue Growth
As ABB Ltd (ABBNY) prepares to unveil its first-quarter financial results on April 17th, investor focus is squarely on the projected figures. Analysts have pinned earnings per share at $0.53, marking an impressive 8.2% growth from the previous year. In terms of revenue, expectations are set at $8.19 billion, a notable 4.1% increase year-over-year. These indicators suggest a solid start to the fiscal year, potentially boosting ABB's market performance.
Wall Street Analysts Predict Modest Upside
Wall Street analysts have weighed in with their one-year price targets for ABB Ltd. The average target sits at $51.95, ranging from a high of $67.73 to a low of $41.00. Given the current stock price of $50.37, this target implies a modest upside of 3.13%. Investors can explore more in-depth analyst predictions on the ABB Ltd (ABBNY, Financial) Forecast page.
Analyst Consensus: A "Hold" on ABB
The prevailing sentiment among brokerage firms is to "Hold" ABB Ltd's shares, with an average recommendation score of 2.8. On a rating scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell, this score underscores a cautious but stable outlook for the company's shares.
GF Value Analysis: Evaluating ABB’s Fair Value
According to GuruFocus estimates, the one-year GF Value for ABB Ltd (ABBNY, Financial) is pegged at $40.79, presenting a potential downside of 19.02% from the current price of $50.37. The GF Value is a crucial metric, calculated based on historical trading multiples alongside anticipated business growth and future performance estimates. For investors seeking a deeper dive into ABB's valuation, the ABB Ltd (ABBNY) Summary page offers comprehensive data.
