In the latest trading session,, 1.89 million Abbott Laboratories (NYSE:ABT) shares changed hands as the company’s beta touched 0.74. With the company’s most recent per share price at $109.21 changing hands around $0.32 or 0.29% at last look, the market valuation stands at $189.50B. ABT’s current price is a discount, trading about -11.38% off its 52-week high of $121.64. The share price had its 52-week low at $89.67, which suggests the last value was 17.89% up since then. When we look at Abbott Laboratories’s average trading volume, we note the 3-month average coming to 5.71 million.
Abbott Laboratories (NYSE:ABT) trade information
Instantly ABT is in green as seen in intraday trades today. With action -2.87%, the performance over the past five days has been red. The jump to weekly highs of 111.98 added 0.29% to the stock’s daily price. The company’s shares are showing year-to-date downside of -0.78%, with the 5-day performance at -2.87% in the red. However, in the 30-day time frame, Abbott Laboratories (NYSE:ABT) is -5.44% down. Looking at the short shares, we see there were N/A shares sold at short interest cover period of N/A days.
Abbott Laboratories (ABT) estimates and forecasts
Data shows that the Abbott Laboratories share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 20.18% over the past 6 months, a 4.05% in annual growth rate that is considerably lower than the industry average of 18.60%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.65%. The 2024 estimates are for Abbott Laboratories earnings to increase by 4.02%, but the outlook for the next 5-year period is at 7.80% per year.
ABT Dividends
Abbott Laboratories is expected to release its next quarterly earnings report in May. The 1.94% annual yield figure for the share gives it an annual dividend of 2.12. It is important to note, however, that the 1.94% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
