ABB Ltd. (NYSE:ABB) persists its position slightly strong in context of buying side, while shares price are rising -0.09% during latest trading session. ABB Ltd. (ABB) secured an order worth over $100 million from the U.S. utility Los Angeles Department of Water and Power (LADWP), which follows a $640 million mega project in India that the company finalized two days back.
The new contract entails the modernization of the existing Sylmar HVDC (high-voltage direct current) converter station in California. This station forms a crucial part of the electricity link between the Pacific Northwest and southern California, commissioned in 1970. The order was booked in fourth-quarter 2016.
Profitability Ratio Analysis; to measure firm’s performance and profitability, we focus on ordinary profitability ratio, ABB has gross profit margin of 28.30% for trailing twelve months and operating margin is calculated as 7.80%, these are a better detectors to find consistency or positive/negative trends in a firm’s earnings. Following in trace line, returns on investment amplify the findings, the firm’s ROI concludes as 10.30%; it gives idea for personal financial decisions, to compare a firm’s profitability or to compare the efficiency of different investments. The returns on assets of firm also on noticeable level, it has ROA of 4%, which signifies how profitable a firm is relative to its total assets.
To make strengthen these views, the active industry firm has Quick Ratio of 1.10, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.57, sometimes its remain same with long term debt to equity ratio. Taking notice on volatility measures, price volatility of stock was 1.12% for a week and 0.97% for a month.
Illinois Tool Works Inc. (NYSE:ITW) also in plain sight to attract passive investors, shares in most recent trading session inching up -0.45% after traded at $122.61. Ticker has price to earnings growth of 2.45, which is a valuation metric for determining relative trade-off among price of a stock.
For trailing twelve months, ITW attains gross profit margin of 41.90% and operating margin stands at 22.30% that are showing consistency of trends in firm’s earnings. While to figure out more clear vision, firm’s returns on investment calculated as 16.20%; it gives answer about efficiency of different investments in different securities. The returns on assets of firm also presenting perceptible condition of profitability, it has ROA of 12.70%, the very positive ratio starts from >+15% and very negative hits to <-15%.
The firm has noticeable volatility credentials, price volatility of stock was 1.34% for a week and 1.26% for a month. The performance of firm for the quarter recorded as 7.62% and for year stands at 50.21%, while the YTD performance was 0.57%. The co attains 1.55 for Average True Range for 14 days. The stock price of ITW is moving down from its 20 days moving average with -0.75% and isolated positively from 50 days moving average with 0.03%.