Top 3 Growth Stocks for 2024 and Ultimate Investment Guide
By applying a reliable and consistent strategy anyone can build a portfolio that's tailored to their particular retirement goals. To make things easier we have assembled a brand new report on how to find the best stocks and industries to invest in, along with our 3 TOP STOCKS for 2024.
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Shares Stats
| Shares Outstanding | 1,771,529,984 |
| Shares Float | 1,758,189,742 |
| Shares Short | 9,794,067 |
| Insider Holdings | 69% |
| Institution Holdings | 75.58% |
About Abbott Laboratories
Abbott Laboratories discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment provides generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, intrahepatic cholestasis or depressive symptoms, gynecological disorder, hormone replacement therapy, dyslipidemia, hypertension, hypothyroidism, Ménière's disease and vestibular vertigo, pain, fever, inflammation, and migraine, as well as provides anti-infective clarithromycin, influenza vaccine, and products to regulate physiological rhythm of the colon. The Diagnostic Products segment offers laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion; molecular diagnostics systems that automate the extraction, purification, and preparation of DNA and RNA from patient samples, as well as detect and measure infectious agents; point of care systems; cartridges for testing blood; rapid diagnostics lateral flow testing products; molecular point-of-care testing for HIV, SARS-CoV-2, influenza A and B, RSV, and strep A; cardiometabolic test systems; drug and alcohol test, and remote patient monitoring and consumer self-test systems; and informatics and automation solutions for use in laboratories. The Nutritional Products segment provides pediatric and adult nutritional products. The Medical Devices segment offers rhythm management, electrophysiology, heart failure, vascular, and structural heart devices for the treatment of cardiovascular diseases; and diabetes care products, as well as neuromodulation devices for the management of chronic pain and movement disorders. The company was founded in 1888 and is based in North Chicago, Illinois.
General
| Name | Abbott Laboratories |
| Ticker | ABT |
| Exchange | NYSE |
| Sector | Healthcare |
| Industry | Medical Devices |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 109,000 |
Highlights
| Analyst Target | 135.67 |
| Market Cap | 209,235,410,944 |
| PE Ratio | 32.16 |
| PEG Ratio | 2.92 |
| EBITDA | 8,880,000,000 |
Financials
| Curr Year EPS Estimate | 5.05 |
| Next Quarter EPS Estimate | 1.04 |
| Profit Margin | 0.13 |
| Return on Assets | 0.05 |
| Return on Equity | 0.14 |
| Revenue | 34,608,001,024 |
| Earnings Per Share | 2.50 |
| Revenue Per Share | 19.52 |
| Gross Profit | 19,611,000,000 |
| Quarterly Revenue Growth | 0.29 |
Valuation
| Trailing PE | 47.19 |
| Forward PE | 23.53 |
| Price/Sales (Trailing 12 Mt.) | 6.07 |
| Price/Book (Most Recent Quarter) | 6.36 |
Dividend
Abbott Laboratories pays out a dividend of $1.53 per share, with a dividend yield of 2.02%.
ABT's last dividend payment was made to shareholders on May 17, 2021.
They pay out 44.38% of their earnings out as a dividend.
Recent Dividends
| May 15, 2024 | $0.55 |
| Feb 15, 2024 | $0.55 |
| Nov 15, 2023 | $0.51 |
| Aug 15, 2023 | $0.51 |
| May 15, 2023 | $0.51 |
| Feb 15, 2023 | $0.51 |
| Nov 15, 2022 | $0.47 |
| Aug 15, 2022 | $0.47 |
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