Is Abbott Laboratories (NYSE: ABT) Still On The Rise?

After Hours

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Stocks Info

This NYSE-listed company operates within the Medical Devices industry segment, falling under the Healthcare sector. The current market capitalization of Abbott Laboratories is $194.99B. A total of 6.6 million shares were traded on the day, compared to an average of 5.08M shares.

In the most recent transaction, Funck, Jr. Robert E. bought 15,000 shares of ABT for 120.00 per share on Nov 04 ’24. In a previous transaction on Oct 21 ’24, ALLEN HUBERT L sold 157,421 shares at 117.04 per share. ABT shares that EXECUTIVE VICE PRESIDENT owns now total 184,806.

Among the insiders who bought shares, ALLEN HUBERT L acquired of 157,421 shares on Oct 21 ’24 at a per-share price of $118.89. In another insider transaction, Ford Robert B sold 141,679 shares at $116.41 per share on Sep 12 ’24. Company shares held by the CHAIRMAN AND CEO now total 220,059.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Abbott Laboratories pays an annual dividend of $2.20, resulting in a dividend yield of 1.96%, and it has a price to earnings (P/E) ratio of 34.19. ABT’s most recent ex-dividend date was 2.08% when it declared a $0.59 quarterly dividend that was paid in cash on 1/15/2025. Previously, the company paid the dividend on 10/15/2024 with an ex-dividend date of 1.9%. The ABT stock dividend was $0.55 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ABT has a high of $121.64 and a low of $99.71.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. ABT’s latest balance sheet shows that the firm has $10.25B in Cash & Short Term Investments as of fiscal 2021. There were $19.01B in debt and $13.11B in liabilities at the time. Its Book Value Per Share was $22.94, while its Total Shareholder’s Equity was $36.02B.

Analysts Opinion

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. Currently, 0 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 ABT is Buy with a score of 4.42.

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