The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for ABB Ltd (ABB) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.34, or -1.28%, to $26.2. Volume reached 6,619 shares, with price reaching a high of $26.12 and a low of $26.12. The stock was recently discussed on Yahoo Finance as it revealed that ABB Shareholders Approve Accelleron Spin-off.
The company is listed on the NYSE and operates within the Specialty Industrial Machinery industry segment. At the end of the last regular session, the stock closed at $26.12 and fluctuated between $26.49 as its day high and $26.01 as its day low. The current market capitalization of ABB Ltd is $53.02B. A total of 1.65 million shares were traded on the day, compared to an average of 1.73M shares.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. ABB Ltd pays an annual dividend of $0.88, resulting in a dividend yield of 3.35%, and it has a price to earnings (P/E) ratio of 11.94. ABB’s most recent ex-dividend date was 03/28/2022 when it declared a $0.876277 quarterly dividend that was paid in cash on 05/11/2022. Previously, the company paid the dividend on 05/14/2021 with an ex-dividend date of 03/29/2021. The dividend was $0.852969 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ABB in the last 3 months, the mean price target is $32.71 with high estimates of $42.00 and low estimates of $27.06. In terms of 52-week highs and lows, ABB has a high of $39.11 and a low of $25.80.
As of this writing, ABB has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.2. The company reported an EPS of $0.2 in the last quarter, which was -33.33% lower than expectations of $0.3.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 29 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ABB is Sell with a score of 3.56. A total of 10 analysts rated the stock as Buy while 3 rated it as Overweight while 15 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.