Abbott Laboratories (ABT) Stock Rating Upgraded by Zacks Investment Research

The stock traded within a range of $54.53 and $55.43. It has underperformed by 27.05% the S&P500. Massmutual Trust Fsb Adv stated it has 0% of its portfolio in Abbott Laboratories (NYSE:ABT). LLC now owns 268,200 shares of the healthcare product maker's stock worth $13,037,000 after buying an additional 5,950 shares during the last quarter.

It is down 0.00% since October 12, 2016 and is. It has underperformed by 21.16% the S&P500. Northland Capital has "Hold" rating and $60.0 target. Therefore 27% are positive. General Electric Company had 62 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse has "Outperform" rating and $55 target. The stock of Abbott Laboratories (NYSE:ABT) has "Outperform" rating given on Wednesday, March 1 by RBC Capital Markets. The rating was downgraded by William Blair on Friday, January 29 to "Market Perform". As per Thursday, July 14, the company rating was maintained by Jefferies. The firm has "Corporate" rating by Northland Capital given on Monday, November 30. The firm has "Hold" rating by Oppenheimer given on Wednesday, June 14. The stock has "Outperform" rating by RBC Capital Markets on Thursday, July 23. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. On Monday, July 17 the stock rating was maintained by Cowen & Co with "Hold". The firm has "Neutral" rating given on Friday, October 6 by JP Morgan.

Investors sentiment decreased to 0.88 in 2017 Q2. Its up 0.02, from 0.97 in 2017Q1. Old Retail Bank In reported 263,020 shares stake. 46 funds opened positions while 102 raised stakes. Canandaigua Bancorp And Trust Company reported 36,501 shares or 0.36% of all its holdings. Punch & Associates Investment Management Inc., a Minnesota-based fund reported 149,150 shares. Zevin Asset Management Ltd Liability Corporation reported 6,753 shares. 1,190 AMETEK, Inc. (NYSE:AME) shares with value of $70,984 were sold by MALONE JAMES R. On Friday, May 19 the insider Oscher Ronald J sold $319,166.

Dynex Capital, Inc.is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage securities on a leveraged basis. Systematic Finance Mngmt L P holds 0.03% or 34,400 shares. X Com Ltd Limited Liability Company reported 0.01% stake. On average, equities analysts anticipate that Abbott Laboratories will post $2.49 earnings per share for the current year. There has been an observed change of -5.83% in the ownership of the shares in the past six months. Genesee Valley Trust Company owns 22,492 shares for 0.46% of their portfolio. ABT's profit will be $1.11B for 20.94 P/E if the $0.65 EPS becomes a reality. After having $3.15 EPS previously, Northrop Grumman Corporation's analysts see -6.98% EPS growth.

Since May 15, 2017, it had 3 buys, and 0 selling transactions for $3.37 million activity. Davis R M Inc bought 31,100 shares as the company's stock rose 10.20% with the market.

Investors sentiment decreased to 0.88 in 2017 Q2. Its up 0.18, from 1.1 in 2017Q1. It worsened, as 69 investors sold ABT shares while 545 reduced holdings. Meeder Asset Inc has invested 0.02% of its portfolio in Abbott Laboratories (NYSE:ABT). Partner Mngmt Limited Partnership, California-based fund reported 24,895 shares. South Dakota Inv Council has invested 0.23% in Abbott Laboratories (NYSE:ABT). Westfield Mgmt LP holds 2.53M shares. Wells Fargo & Mn accumulated 19.94 million shares or 0.31% of the stock. Smithfield Com holds 10,876 shares.

Abbott Laboratories (NYSE:ABT) gross margin percentage stands at 54.2% while its operating margin for the past trailing twelve month is 8.8 percent and its overall profit margin (ttm) is 5 Percent.

Among 24 analysts covering Abbott Laboratories (NYSE:ABT), 14 have Buy rating, 0 Sell and 10 Hold. Reik Commerce Lc accumulated 4,840 shares. Rhumbline Advisers invested in 0.33% or 3.01 million shares. Moreover, Piedmont Inv Ltd Liability Co has 0.41% invested in Abbott Laboratories (NYSE:ABT). Riverhead Cap Mgmt Lc owns 0.08% invested in Abbott Laboratories (NYSE:ABT) for 33,117 shares. Caprock Gp holds 0.02% in Dynex Capital Inc (NYSE:DX) or 11,865 shares. Teachers Insurance And Annuity Association Of America reported 0.46% stake. Dynex Capital Inc (NYSE:DX) has risen 4.18% since October 11, 2016 and is uptrending. They expect $0.65 EPS, up 10.17% or $0.06 from last year's $0.59 per share.

Dynex Capital Incorporated (NYSE:DX) had an increase of 14.44% in short interest.

Since June 15, 2017, it had 0 insider buys, and 1 sale for $26,482 activity. Watkin Jared also sold $26,482 worth of Abbott Laboratories (NYSE:ABT) on Thursday, June 15.

Analysts have given a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 58% are positive. According to today's trading volume Abbott Laboratories is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. The Lower end of the earnings estimate is $0.71, while the higher end of the earnings estimate is $0.77. $121.13's average target is -9.58% below currents $133.96 stock price.

Indicating how profitable Abbott Laboratories (NYSE:ABT) is relative to its assets, the ROA value is displayed at 2.00%. On Wednesday, October 7 the stock rating was upgraded by Barclays Capital to "Overweight". The firm has "Corporate" rating given on Tuesday, May 24 by Northland Capital. The firm has "Buy" rating by Edward Jones given on Tuesday, June 21. The stock has "Buy" rating by Deutsche Bank on Saturday, August 29.

Related Articles

  • Analyst Research Roundup: Ichor Holdings, Ltd. (ICHR), Philip Morris International Inc. (PM)

    The technology company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.02). Moreover, Great West Life Assurance Can has 0% invested in Popular Inc (NASDAQ:BPOP) for 11,367 shares.
    IIP growth rises to 9-month high of 4.3 pc in August

    IIP growth rises to 9-month high of 4.3 pc in August

    The data revealed the overall food inflation moderated to 1.25 per cent in September from 1.67 per cent in the previous month. India's consumer price inflation numbers remained steady in September while industrial production rose favourably.
    Gal Gadot in talks to star in Nazi revenge thriller Ruin

    Gal Gadot in talks to star in Nazi revenge thriller Ruin

    Further, the Israeli actress is set to showcase her acting skills in forthcoming film , as she fights against the evil Germans . This year's " Wonder Woman " was a blockbuster for Warner Bros . with $821 million in worldwide box office.
  • Snapchat is introducing 'Context Cards' in an attempt to become more useful

    Following the completion of the sale, the insider now owns 9,946,464 shares in the company, valued at approximately $149,196,960. The company had revenue of $181.70 million during the quarter, compared to analysts' expectations of $186.49 million.

    Astronomers have discovered a dwarf planet in the Solar system ring

    But it's too soon to say for sure whether Haumea really doesn't match up to this criteria. Width of the ring of the dwarf planet Haumea is located 70 km radius - 2287 km.
    Pakistan Rescues Western Couple Held by Afghan Taliban

    Pakistan Rescues Western Couple Held by Afghan Taliban

    They were rescued during an operation in Kurram tribal district near the Afghan border, the army said. It is not clear how much Pakistan may have aided in the rescue efforts for Coleman and her family.
  • Stifel Nicolaus Remains a Hold on Biogen Inc

    Analysts await Western Refining Logistics LP (NYSE:WNRL) to report earnings on October, 30. (NYSE:GIS) rating on Friday, June 17. State Board Of Administration Of Florida Retirement Sys holds 0% of its portfolio in Oil States International, Inc.
    Del Potro beats Zverev to enter Shanghai Masters quarters

    Del Potro beats Zverev to enter Shanghai Masters quarters

    Del Potro dropped his opening service game of the match as Zverev took the first set comfortably in just 26 minutes. Earlier, sixth-seeded Grigor Dimitrov of Bulgaria got past Sam Querrey of the US 6-3, 7-6 (3) in the round of 16.
    Trump Criticizes GOP Sen. Bob Corker; Corker Fights Back

    Trump Criticizes GOP Sen. Bob Corker; Corker Fights Back

    Bob Corker is not alone in questioning President Trump's fitness for office, even on the Republican side. President Donald Trump revealed a crisis of nicknames this morning on Twitter , crowning Sen.
  • Analyst Scores Summary: Chesapeake Energy Corporation (CHK), Sears Holdings Corporation (SHLD)

    Analyst Scores Summary: Chesapeake Energy Corporation (CHK), Sears Holdings Corporation (SHLD)

    Keeping an eyeball on Moving Averages, the 50-day is 4.002; the 200-day is at 4.828, for Chesapeake Energy Corporation (CHK ). The highest price CHK stock touched in the last 12 month was $8.2 and the lowest price it hit in the same period was $3.55.
    US Plans To Withdraw From 'Anti-Israel' UNESCO

    US Plans To Withdraw From 'Anti-Israel' UNESCO

    A representative of the US delegation to UNESCO referred Reuters to the State Department. There has been no immediate comment from the U.S. government.
    Drones used to ensure Durban's port is safe after storm unberths ships

    Drones used to ensure Durban's port is safe after storm unberths ships

    A container ship blocks the harbour mouth in Durban , South Africa, October 10, 2017 in this still image obtained from a social media video.