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 $105.27, down 0.59% from the previous day, and has increased 1.08% in one year. It has overperformed other stocks in the Medical Devices industry by 0.17 percentage points. Abbott Laboratories stock is currently +17.39% from its 52-week low of $89.67, and -13.46% from its 52-week high of $121.64.
There are currently 1.74B shares of ABT outstanding. The market cap of ABT is $182.66B. In the past 24 hours, 7.29M 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.
Our recommended brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Technology to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on our top ranked stock market app, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring money into your brokerage account.
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
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 32.09x, relative to Medical Devices industry P/E ratio of 28.61x
- ABT could be overvalued based on its P/B ratio of 4.7x, relative to Medical Devices industry P/B ratio of 3.63x
- ABT could be overvalued based on its PEG ratio of 1.38x
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 $7.26B allows it to safely service it's debt of $14.68B.
- 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 $7.30B is not enough to cover its interest payments.
Signs that ABT is not financially healthy:
- ABT profit margin has gone down from 15.9% to 14.3% in the past year.
- ABT has a relatively high debt to equity ratio of 0.89.
Is Abbott Laboratories stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 7 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
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.
David Lewis, a top 7% analyst from Morgan Stanley maintains ABT with a hold rating and lowers their ABT price target from $112.00 to $107.00, on Oct 19, 2023.
You can dig deeper into what analysts are forecasting on the Abbott Laboratories stock forecast page.
ABT Trading Indicators
ABT Performance Metrics
Last year, ABT earnings were $5.72B. During the last 5 year, ABT's earnings have gone up by 19.61% per year. This was faster than the Medical Devices industry average of 9.19%.
Last year, ABT revenue was $40.11B. During the last 5 year, ABT's revenue has increased by 5.58% per year. This was slower than the Medical Devices industry average of 13.47%.
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.
Hubert L. Allen, EXECUTIVE VICE PRESIDENT of ABT, was the latest ABT insider to sell. They sold $101,080.50 worth of ABT stock on Mar 1, 2024.
Dig into more about who owns ABT shares here.
Can I get consistent income from ABT stock?
Abbott Laboratories pays a dividend of 2.01%, compared to the Medical Devices industry's average dividend yield of 1.59%. If you owned $1,000 worth of ABT stock, you would have received $20.14 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
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
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:
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:
- Figure out where to buy Abbott Laboratories stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Analyze Abbott Laboratories stock
- Execute your ABT buy order
- Get key alerts regarding your ABT investment
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Abbott Laboratories, create a watchlist on WallStreetZen today.
More Content You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.