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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 42.91 (-0.31% today). The market cap for Abbott Laboratories is 63502.51, and is in the sector Healthcare, and Medical Appliances & Equipment industry. The target price for Abbott Laboratories is 46.6. Currently Abbott Laboratories is trading with a P/E of 30.29, and a forward P/E of 17.43. Average volume for Abbott Laboratories is 11447.86 and so far today it is 3133633.

Performance in the last year for Abbott Laboratories has been -13.50%. For EPS growth, Abbott Laboratories has seen a growth of 53.50%, and is looking to grow in the next year to 12.07%. More long term stats show that EPS growth has been -10.30% over the last five years and could be 9.67% for the next five years. Abbott Laboratories has seen sales growth quarter over quarter at -0.20%, with EPS growth quarter over quarter at -89.20%. The 20-day simple moving average is 9.91%, with the 200-day simple moving average coming to 5.31%.

Since the IPO date for Abbott Laboratories on the 4/6/1983, Abbott Laboratories has seen performance year to date to be -2.37%. With Abbott Laboratories trading at 42.91, the dividend yield is 2.42%, and the EPS is 1.42.

So could Abbott Laboratories, be undervalued? Well as said before P/E is 30.29. The PEG is 3.13, P/S is 3.11 and the P/B is at 3.07. The P/cash is 16.05, with P/free cash flow at 219.73.

Abbott Laboratories ability to deal with debt shows that the current ratio is 1.5, and the quick ratio is 1.1. This is with long term debt/equity at 0.29, and total debt/equity at 0.39.

In terms of margins, Abbott Laboratories has a gross margin of 56.90%, an operating margin of 13.60% and a profit margin of 12.00%.Payout ratio for Abbott Laboratories is 60.90%. Return on assets come to 5.90% with return on investment coming to 7.70%.

Insider ownership for Abbott Laboratories, is at 0.30% and institutional ownership comes to 71.00%. Outstanding shares are at 1475.43. While shares float is 1465.51. The float short is currently 4.16%, and short ratio is 5.32.

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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