Healthcare Stocks Turn Active on Retreated Views: Abbott Laboratories (NYSE:ABT), Anthem, Inc. (NYSE:ANTM)

Abbott Laboratories (NYSE:ABT) [Trend Analysis] retains strong position in active trade, as shares scoring 0.33% to $42.54 in a active trade session, while looking at the shares volume, around 5.14 Million shares have changed hands in this session.

Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked ABT in recent few months. In ratings table the ABT given BUY ratings by 11 analysts in current phase and 1 analyst suggest it as overweight security. The 0 number of analyst/s have SELL recommendation for current month on ABT. While 6 number of analysts gave ratings for HOLD in current as compared to no one analyst giving UNDERWEIGHT. As per remarks given by WSJ, overall consensus pool recommends it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.43 at current month while compared with $0.48 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.60 and on annual basis FY 2016 estimate trends at current was for $2.45 as compared to one month ago of $2.42, and for next year per share earnings estimates have $2.75.

The firm has institutional ownership of 64.60%, while insider ownership included 0.30%. ABT attains analyst recommendation of 1.90 with week’s performance of -0.49%. Investors looking further ahead will note that the Price to next year’s EPS is 12.28%.

Anthem, Inc. (NYSE:ANTM) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 1.94% to 161.68 with around 2.57 Million shares have changed hands in this session.

The ANTM 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 ANTM ratings chart showed that 9 gave HOLD ratings for the current month as 2 analysts opting for Overweight option for same period, whereas, no one analyst out of pool gave UNDERWEIGHT rating. For stocks’ current month, 11 analyst opted for BUY ratings. The stock price target chart showed average price target of 173.11 as compared to current price of 161.68.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $3.37 and on annual basis FY 2016 estimate trends at current was for $11.59 as compared to one month ago of $11.49, and for next year per share earnings estimates have $12.85. The stock is going forward its fifty-two week low with 42.46% and lagging behind from its 52-week high price with -0.07%.

Similar, the positive performance for the quarter recorded as 28.05% and for the year was 35.74%, while the YTD performance remained at 12.46%. ANTM has Average True Range for 14 days of 3.54.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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