Media coverage about ABB (NYSE:ABB) has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. ABB earned a media sentiment score of 1.89 on their scale. InfoTrie also assigned news coverage about the industrial products company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected ABB’s score:
- Virtual Power Plant Market to 2023 ABB Autogrid Systems Blue Pillar Cisco Systems Enbala (openpr.com)
- Burglar Alarms Market 2018| Growth With Top Players: Digital Security Controls, Chubb, ABB, Ave, Honeywell, ELTAKO, KBLUE, SOMFY, Urmet (openpr.com)
- Factory Automation Market by Major Key Participant ABB, Danaher, Emerson, Mitsubishi, Schneider Electric, Yokogawa, Rockwell Automation, Siemens (openpr.com)
- Deutsche Bank Analysts Give ABB (ABBN) a CHF 25 Price Target (forextv.com)
- ABB (ABB) Receives Daily News Impact Score of 1.89 (americanbankingnews.com)
Several equities analysts have commented on ABB shares. DNB Markets started coverage on ABB in a research report on Monday, September 3rd. They issued a “buy” rating for the company. Citigroup upgraded ABB from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 4th. Zacks Investment Research upgraded ABB from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Wednesday, September 19th. Societe Generale upgraded ABB from a “hold” rating to a “buy” rating in a research report on Thursday, September 13th. Finally, William Blair reiterated a “hold” rating on shares of ABB in a research report on Monday, October 29th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $25.67.
ABB (NYSE:ABB) last issued its quarterly earnings data on Thursday, October 25th. The industrial products company reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.04). ABB had a return on equity of 19.99% and a net margin of 6.24%. The company had revenue of $9.26 billion for the quarter, compared to the consensus estimate of $9.46 billion. On average, research analysts anticipate that ABB will post 1.39 EPS for the current year.
ABB Company Profile
ABB Ltd manufactures and sells electrification, robotics and motion, industrial automation, and power grid products worldwide. Its Electrification Products segment provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions.
Further Reading: Retained Earnings
Receive News & Ratings for ABB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ABB and related companies with MarketBeat.com's FREE daily email newsletter.