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 $117.73, up 0.07% from the previous day, and has increased 23.93% in one year. It has overperformed other stocks in the Medical Devices industry by 0.05 percentage points. Abbott Laboratories stock is currently +27.37% from its 52-week low of $92.43, and -3.21% from its 52-week high of $121.64.
There are currently 1.73B shares of ABT outstanding. The market cap of ABT is $204.20B. In the past 24 hours, 4M ABT shares were traded.
How to Buy Abbott Laboratories Stock
Not sure how to invest in Abbott Laboratories stock? Here's how.
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.
Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit funds into your investment account: Select your method of payment and add your info.
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).
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.
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 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
$117.73
1w %
3.82%
1y %
23.93%
5y %
42.98%
P/E
35.68x
P/B
5.1x
P/S
4.97x
PEG
1.81x
Revenue
$41.22B
Earnings
$5.77B
Fore. Rev. Growth
5.2%
Fore. Earn. Growth
19.68%
Market Cap
$204.20B
Next Earnings
N/A
Next Dividend
Nov 15, 2024
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 35.68x, relative to Medical Devices industry P/E ratio of 24.02x
ABT could be overvalued based on its P/B ratio of 5.1x, relative to Medical Devices industry P/B ratio of 4.06x
ABT could be overvalued based on its PEG ratio of 1.81x
ABT earnings of $7.36B is not enough to cover its interest payments.
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.
ABT's operating cash flow of $8.73B allows it to safely service it's debt of $14.98B.
There are more short-term assets than short-term liabilities on the ABT balance sheet.
ABT profit margin has gone up from 12.9% to 14% in the past year.
Signs that ABT is not financially healthy:
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 14 Wall Street analysts who research ABT, the consensus analyst rating on ABT is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent ABT Analyst Ratings
David Lewis, a top 9% analyst from Morgan Stanley maintains ABT with a hold rating and raises their ABT price target from $107.00 to $117.00, on Oct 17, 2024.
Jayson Bedford, a top 15% analyst from Raymond James maintains ABT with a buy rating and raises their ABT price target from $122.00 to $129.00, on Oct 14, 2024.
Shagun Singh, a top 32% analyst from RBC Capital maintains ABT with a buy rating and raises their ABT price target from $125.00 to $130.00, on Oct 8, 2024.
Suraj Kalia, a bottom 7% analyst from Oppenheimer initiates coverage on ABT with a buy rating and announces their ABT price target of $130.00, on Oct 8, 2024.
Vijay Kumar, a bottom 8% analyst from Evercore ISI Group maintains ABT with a buy rating and raises their ABT price target from $120.00 to $124.00, on Oct 1, 2024.
Last year, ABT earnings were $5.77B. During the last 5 year, ABT's earnings have gone up by 12.15% per year. This was faster than the Medical Devices industry average of 10.96%.
Last year, ABT revenue was $41.22B. During the last 5 year, ABT's revenue has increased by 5.62% per year. This was slower than the Medical Devices industry average of 10.99%.
Abbott Laboratories pays a dividend of 1.87%, compared to the Medical Devices industry's average dividend yield of 1.53%. If you owned $1,000 worth of ABT stock, you would have received $18.69 in the past year.
Abbott Laboratories dividend payments have consistently grown over the past decade and have remained stable.
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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.
Click the Open Trade button and eToro will execute your order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
How much does it cost to buy one Abbott Laboratories share?
As of Nov 5, 2024, it costs $117.73 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 0.085 shares of ABT.
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.