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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 45.02 (-0.53% today). The market cap for Abbott Laboratories is 66879.79, and is in the sector Healthcare, and Medical Appliances & Equipment industry. The target price for Abbott Laboratories is 48. Currently Abbott Laboratories is trading with a P/E of 34.74, and a forward P/E of 18.4. Average volume for Abbott Laboratories is 10443.17 and so far today it is 2563003.

Performance in the last year for Abbott Laboratories has been -7.84%. For EPS growth, Abbott Laboratories has seen a growth of 53.50%, and is looking to grow in the next year to 11.82%. More long term stats show that EPS growth has been -10.30% over the last five years and could be 9.36% 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 11.06%, with the 200-day simple moving average coming to 9.91%.

Since the IPO date for Abbott Laboratories on the 4/6/1983, Abbott Laboratories has seen performance year to date to be 2.66%. With Abbott Laboratories trading at 45.02, the dividend yield is 2.30%, and the EPS is 1.3.

So could Abbott Laboratories, be undervalued? Well as said before P/E is 34.74. The PEG is 3.71, P/S is 3.25 and the P/B is at 3.21. 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 71.90%. Outstanding shares are at 1477.68. While shares float is 1464.21. The float short is currently 4.42%, and short ratio is 6.2.

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.

About the author

Peter Clarke

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