Abbott (ABT) stock closed down 0.15%, outperforming the S&P 500
From Nasdaq: 2025-05-23 17:50:00
Abbott (ABT) closed at $131.30, down 0.15% from the previous session, outperforming the S&P 500. Analysts anticipate earnings of $1.25 per share in the upcoming report, with a revenue estimate of $11.04 billion. The Zacks Rank system gives Abbott a Hold rating, with a Forward P/E ratio of 25.5.
Investors should monitor analyst estimate changes for Abbott, as they reflect short-term business trends. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), has a proven track record of outperformance. Abbott currently holds a Zacks Rank of #3 (Hold) with a PEG ratio of 2.48.
Abbott’s valuation metrics, including a Forward P/E ratio of 25.5 and a PEG ratio of 2.48, indicate a premium compared to industry averages. The Medical – Products industry, part of the Medical sector, has a Zacks Industry Rank of 154, placing it in the bottom 38%. For more information on these metrics, visit Zacks.com.
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Read more at Nasdaq: Abbott (ABT) Stock Moves -0.15%: What You Should Know
