Is Abbott Stock Worth Buying at a Discounted P/S Valuation? [Yahoo! Finance]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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US:NYSE Investor Relations:
abbott.com/investors.html
Company Research
Source: Yahoo! Finance
2024, stemming from growing inflation, labor shortages and supply chain disruptions, which increased operational costs. However, the company's ability to pivot and deliver solid results in key areas underscores its resilience and strategic acumen. The company is poised to conclude 2024 on a strong and optimistic trajectory, focusing largely on strategic investments and operational efficiency. Abbott is trading at a forward 12-month price-to-sales (P/S) multiple of 4.4X, a 22% discount to the Zacks Medical Products industry average of 5.6X. This valuation is below Abbott's five-year median of 4.74X, indicating that the stock is falling into undervalued territory. Compared to its peers, ABT's valuation is below Boston Scientific BSX (7.18X) but above Medtronic MDT (3.03X). Zacks Investment Research Image Source: Zacks Investment Research Over the past six months, the stock has risen 9.6%, outperforming the industry's 8.5% growth as well as the broader Medical sector's 9.8% dec
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ABT
News
- The Art of Valuation: Discovering Abbott Laboratories's Intrinsic Value [Yahoo! Finance]Yahoo! Finance
- Abbott (ABT) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- South Korea Baby Food Market Assessment and Forecasts to 2029: Deceleration in South Korea's Birth Rates Influences Baby Food Sector Dynamics [Yahoo! Finance]Yahoo! Finance
- Abbott (ABT) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- 2 Excellent Dividend Stocks to Buy on the Dip [Yahoo! Finance]Yahoo! Finance
ABT
Earnings
- 10/16/24 - Beat
ABT
Sec Filings
- 11/15/24 - Form 8-K
- 11/4/24 - Form 144
- 10/31/24 - Form 10-Q
- ABT's page on the SEC website