Growth Is Picking Up At ABB, With Book-To-Bill Indicating It Will Not Slow Down Soon [Seeking Alpha]
ABB Ltd (ABB)
Last abb ltd earnings: 7/25 12:46 am
Check Earnings Report
US:NYSE Investor Relations:
new.abb.com/investorrelations
Company Research
Source: Seeking Alpha
Summary ABB ( ABB ) came out with strong Q2 results on July 19th. Everything indicates the company is on track to have a good financial year. Unfortunately, when I first wrote about ABB January 29th, it topped out. Once shares traded to the lower end of my range of $24 to $26, I initiated a position. Because of averaging in, the position is now nearly break-even. I remain bullish on the stock for the long-term, because of the FCF generation and exposure to industries which could boom within the next decade. I'm talking about renewable energy, electric vehicles and increased automation and robotics in factories around the globe. Evaluating ABB's Q2 results In H1 compared to 2017, orders are up 15%, revenue increased 7% and earnings per share rose by 19%, all in US$. It seems the company is ready to finally push through on the promise of shareholder creation. Remember, management stated it would bring the share price to 35 CHF or $35 per share, up 55% from the curre
Show less
Read more
Impact Snapshot
Event Time:
ABB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ABB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ABB alerts
High impacting ABB Ltd news events
Weekly update
A roundup of the hottest topics