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0 0.00130264871906214 -0.000562310030395137 -0.000325662179765536 0.000542770299609175 0.00287668258792879 0.00352800694745987 0.00184541901867132
Stock impact report

Abbott Laboratories: Buying A Healthcare Giant On Sale [Seeking Alpha]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Seeking Alpha
This is now one of the most severe drawdowns in the company's history, even exceeding in severity the price declines experienced during the 2008-09 global financial crisis. Along with the release of the Q1-26 earnings last week, management has guided for adjusted diluted EPS between $5.38 and $5.58 per share in fiscal 2026. Abbott is currently trading at 16.9x and 15.2x forward earnings for fiscal 2026 and 2027, respectively. Comparable net sales growth is expected between +6.5% and +7.5% in fiscal 2026. I have purchased my first ABT shares today at an average price of $90.81. It remains to be seen whether or not today's low of $90.72 will hold, but in any case, I plan to further increase my position if the share price continues to drift lower. Sundry Photography/iStock Editorial via Getty Images Caught In A Severe Drawdown After initiating Novo Nordisk ( NVO ) with a 'Buy' rating earlier this month, I now turn my attention to another beaten-down healthcare giant, namely Show less Read more
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