EPS Estimates Lure Passive Investments: ABB Ltd (NYSE:ABB), AMETEK (NYSE:AME)

ABB Ltd (NYSE:ABB) [Trend Analysis] surged reacts as active mover, shares surge 0.13% to trade at $23.83 and the percentage gap between open changing to regular change was 0.08%. The ABB held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The ABB ratings chart showed that 18 gave HOLD ratings for the current month as 2 analysts opting for Overweight option for same period, whereas, 3 analysts out of pool gave UNDERWEIGHT rating. For stocks’ current month, 9 analysts opted for BUY ratings as compared to 3 opting for SELL in the same period. The stock price target chart showed average price target of 22.52 as compared to current price of 23.83.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.34 and on annual basis FY 2016 estimate trends at current was for $1.11 as compared to one month ago of $1.11, and for next year per share earnings estimates have $1.23.

The firm’s current ratio calculated as 1.40 for the most recent quarter. The firm past twelve months price to sales ratio was 1.55 and price to cash ratio remained 9.81. As far as the returns are concern, the return on equity was recorded as 12.10% and return on investment was 10.30% while its return on asset stayed at 4.00%. The firm has total debt to equity ratio measured as 0.57.

AMETEK, Inc. (NYSE:AME) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.71% to close at $51.81 with the total traded volume of 1.34 Million shares. Lets us look over what analysts have to say about performance of the AME. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.58 as compared to the next year Q1 current trend of $0.59. While on annual basis the current EPS estimates trend for FY 2017 came in for $2.44 as compared to three months ago $2.45.

The stock prices target chart showed high target of 62.00 kept by analysts at WSJ while the average price target was for 54.88 as compared to current price of 51.81. Somehow, the stock managed to gain BUY ratings by 13 analysts in current tenure as 1 analyst having overweight ratings, 5 recommend as HOLD. Overall, the consensus ratings were for Overweight by the pool of analysts. The firm has institutional ownership of 90.60%, while insider ownership included 1.20%. Its price to sales ratio ended at 3.11. AME attains analyst recommendation of 1.70 with week’s performance of 1.97%.

 

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