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Is this Large Market Cap Stock target price reasonable for Abbott Laboratories (NYSE:ABT)?

The company in question is, Abbott Laboratories (NYSE:ABT) currently with a stock price of 43.4 (-0.46% today). The market cap for Abbott Laboratories is 63862.23, and is in the sector Healthcare, and Medical Appliances & Equipment industry. The target price for Abbott Laboratories is 47.64. Currently Abbott Laboratories is trading with a P/E of 33.46, and a forward P/E of 17.77. Average volume for Abbott Laboratories is 11736.58 and so far today it is 4104422.

Performance in the last year for Abbott Laboratories has been -11.87%. For EPS growth, Abbott Laboratories has seen a growth of 53.50%, and is looking to grow in the next year to 11.60%. More long term stats show that EPS growth has been -10.30% over the last five years and could be 9.31% for the next five years. Abbott Laboratories has seen sales growth quarter over quarter at 3.20%, with EPS growth quarter over quarter at -22.50%. The 20-day simple moving average is 10.20%, with the 200-day simple moving average coming to 6.37%.

Since the IPO date for Abbott Laboratories on the 4/6/1983, Abbott Laboratories has seen performance year to date to be -1.10%. With Abbott Laboratories trading at 43.4, the dividend yield is 2.39%, and the EPS is 1.3.

So could Abbott Laboratories, be undervalued? Well as said before P/E is 33.46. The PEG is 3.59, P/S is 3.11 and the P/B is at 3.09. The P/cash is *TBA, with P/free cash flow at *TBA.

Abbott Laboratories ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, Abbott Laboratories has a gross margin of 56.90%, an operating margin of 14.00% and a profit margin of 11.10%.Payout ratio for Abbott Laboratories is 66.50%. Return on assets come to *TBA with return on investment coming to 7.70%.

Insider ownership for Abbott Laboratories, is at 0.30% and institutional ownership comes to 71.10%. Outstanding shares are at 1464.73. While shares float is 1464.73. The float short is currently 4.16%, and short ratio is 5.19.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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