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How to Buy Abbott Laboratories Stock

Abbott Laboratories

Abbott Laboratories is a medical device company located in Illinois, United States, which is part of the Healthcare sector, and is traded under the ticker ABT on the NYSE exchange.

Abbott Laboratories stock last closed at $105.81, down 1.56% from the previous day, and has increased 4.35% in one year. It has overperformed other stocks in the Medical Devices industry by 0.26 percentage points. Abbott Laboratories stock is currently +17.99% from its 52-week low of $89.67, and -13.01% from its 52-week high of $121.64.

There are currently 1.74B shares of ABT outstanding. The market cap of ABT is $184.07B. In the past 24 hours, 7.52M ABT shares were traded.

How to Buy Abbott Laboratories Stock

Not sure how to invest in Abbott Laboratories stock? Here's how.
  1. Figure out where to buy Abbott Laboratories stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Abbott Laboratories stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your method of payment and add your info.
  4. Analyze Abbott Laboratories stock: The Abbott Laboratories ticker symbol is ABT. Is Abbott Laboratories stock a good investment? Should you buy shares of ABT? How do ABT's underlying business fundamentals look? Do top analysts think Abbott Laboratories is a good buy? Why has ABT's stock price moved recently? (Hint: Our stock market research tools can help you understand if ABT is a good stock to buy).
  5. Execute your ABT buy order: Decide if you will purchase ABT shares at the current market price or use a limit order to buy ABT stock at a particular price.
  6. Get key alerts regarding your ABT investment: Create a watchlist to key updates about your position in Abbott Laboratories shares.

Step 1: Figure out where to buy Abbott Laboratories stock

You will need a brokerage account to access the NYSE market and buy ABT shares.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to invest in ABT stock today.

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Step 3: Deposit funds into your investment account

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Step 4: Analyze Abbott Laboratories stock

After you have selected the best place to buy Abbott Laboratories stock, it's important to research their stock prior to investing, so you truly understand the risk as well as the opportunity.

Overview of key ABT info

ABT Price
$105.81
1w %
2.3%
1y %
4.35%
5y %
30.44%
P/E
32.76x
P/B
4.71x
P/S
4.57x
PEG
1.61x
Revenue
$40.33B
Earnings
$5.63B
Fore. Rev. Growth
5.56%
Fore. Earn. Growth
20.32%
Market Cap
$184.07B
Next Earnings
Jul 18, 2024
Next Dividend
N/A

Abbott Laboratories Overview

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on ABT's stock page.

What is the fair value of ABT stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ABT's fair value.

Using relative valuations metrics:

  • ABT may be overvalued based on its P/E ratio of 32.76x, relative to Medical Devices industry P/E ratio of 30.24x
  • ABT could be overvalued based on its P/B ratio of 4.71x, relative to Medical Devices industry P/B ratio of 3.91x
  • ABT could be overvalued based on its PEG ratio of 1.61x

You can do more valuation analysis on ABT's stock here.

A look at ABT Cashflows and Balance Sheet

Signs that ABT is financially healthy:

  • ABT's operating cash flow of $7.14B allows it to safely service it's debt of $14.59B.
  • Total ABT debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the ABT balance sheet.
  • There are more short-term assets than short-term liabilities on the ABT balance sheet.
  • ABT earnings of $7.16B is not enough to cover its interest payments.

Signs that ABT is not financially healthy:

  • ABT profit margin of X% has stayed the same in the past year.
  • ABT has a relatively high debt to equity ratio of 0.86.

Is Abbott Laboratories stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 8 Wall Street analysts who research ABT, the consensus analyst rating on ABT is a Strong Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent ABT Analyst Ratings

Joanne Wuensch, a top 7% analyst from Citigroup maintains ABT with a strong buy rating and raises their ABT price target from $126.00 to $128.00, on Apr 3, 2024.

Jayson Bedford, a top 16% analyst from Raymond James maintains ABT with a buy rating and raises their ABT price target from $124.00 to $127.00, on Jan 25, 2024.

Lawrence Biegelsen, a bottom 9% analyst from Wells Fargo maintains ABT with a strong buy rating and raises their ABT price target from $116.00 to $121.00, on Dec 13, 2023.

You can dig deeper into what analysts are forecasting on the Abbott Laboratories stock forecast page.

ABT Trading Indicators

SMA10
103.93
SMA20
103.9
SMA50
106.24
SMA100
110.67
SMA200
106.16
MACD
-0.15
MACD Signal
-0.83
MACD Histogram
0.68
RSI
53.7
Stochastic %K
78.93
Stochastic %D
80.28
StochRSI %K
91.16
StochRSI %D
96.29

ABT Performance Metrics

Last year, ABT earnings were $5.63B. During the last 5 year, ABT's earnings have gone up by 16.74% per year. This was faster than the Medical Devices industry average of 8%.

Last year, ABT revenue was $40.33B. During the last 5 year, ABT's revenue has increased by 5.59% per year. This was slower than the Medical Devices industry average of 11.46%.

Dig into ABT's earnings and revenue performance here.

What are ABT insiders up to?

Over the past 12 months, executives and large shareholders at ABT have sold more shares than they have bought.

Jr Robert E. Funck, EXECUTIVE VICE PRESIDENT of ABT, was the latest ABT insider to sell. They sold $1,055,823.10 worth of ABT stock on May 10, 2024.

Dig into more about who owns ABT shares here.

Can I get consistent income from ABT stock?

Abbott Laboratories pays a dividend of 2%, compared to the Medical Devices industry's average dividend yield of 1.57%. If you owned $1,000 worth of ABT stock, you would have received $20.04 in the past year.

Abbott Laboratories dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Abbott Laboratories dividend yield and history here.

What others are saying about ABT

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Step 5: Execute your ABT buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific price, use a limit order.

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Step 6: Get key alerts regarding your ABT investment

Now that you own some ABT shares, you'll want to keep up with your investment.

Start a watchlist to track the latest developments regarding your ABT stock.

ABT Feed

How to Buy Stock in Abbott Laboratories

To summarize, here are the 6 steps for buying Abbott Laboratories stock:

  1. Figure out where to buy Abbott Laboratories stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Abbott Laboratories stock
  5. Execute your ABT buy order
  6. Get key alerts regarding your ABT investment

If you need a online brokerage, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Abbott Laboratories, create a watchlist on WallStreetZen today.

NYSE: ABT
$105.81-1.68 (-1.56%)
Updated Jun 11, 2024
Open eToro Account
NYSE: ABT
$105.81-1.68 (-1.56%)
Updated Jun 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Abbott Laboratories share?

As of Jun 11, 2024, it costs $105.81 to buy one share of Abbott Laboratories stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.095 shares of ABT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Abbott Laboratories stock?

According to 8 Wall Street analysts who monitor Abbott Laboratories, their consensus recommendation is to buy Abbott Laboratories stock.

What is the best way to buy Abbott Laboratories stock?

One way to place an order for Abbott Laboratories stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.