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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 41.68 (-0.45% today). The market cap for Abbott Laboratories is 61457.33, and is in the sector Healthcare, and Medical Appliances & Equipment industry. The target price for Abbott Laboratories is 7.51. Currently Abbott Laboratories is trading with a P/E of 31.99, and a forward P/E of 16.94. Average volume for Abbott Laboratories is 10121.28 and so far today it is 7519600.

Performance in the last year for Abbott Laboratories has been -1.44%. For EPS growth, Abbott Laboratories has seen a growth of 53.50%, and is looking to grow in the next year to 11.87%. 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 -22.60%. The 20-day simple moving average is -3.55%, with the 200-day simple moving average coming to 2.10%.

Since the IPO date for Abbott Laboratories on the 4/6/1983, Abbott Laboratories has seen performance year to date to be -5.46%. With Abbott Laboratories trading at 41.68, the dividend yield is 2.50%, and the EPS is 1.3.

So could Abbott Laboratories, be undervalued? Well as said before P/E is 31.99. The PEG is 3.42, P/S is 2.99 and the P/B is at 2.97. The P/cash is 13.85, with P/free cash flow at 304.24.

Abbott Laboratories ability to deal with debt shows that the current ratio is 1.5, and the quick ratio is 1.2. This is with long term debt/equity at 0.29, and total debt/equity at 0.41.

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 5.60% with return on investment coming to 7.70%.

Insider ownership for Abbott Laboratories, is at 0.30% and institutional ownership comes to 73.90%. Outstanding shares are at 1474.5. While shares float is 1465.05. The float short is currently 4.41%, and short ratio is 6.38.

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

Mark Hines

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