|Bid||23.47 x 4000|
|Ask||23.48 x 3000|
|Day's range||23.17 - 23.53|
|52-week range||17.71 - 23.53|
|Beta (3Y monthly)||1.18|
|PE ratio (TTM)||35.07|
|Forward dividend & yield||0.79 (3.47%)|
|1y target est||21.19|
ABB’s Electrification business continues to direct resources in the United States market following the acquisition of General Electric’s Industrial Solution business. The $2.6 billion acquisition expanded ABB’s portfolio of source to socket electrification solutions in 2018. In Mebane, NC, ABB is investing in a $39.9M expansion of its manufacturing operations with an additional 200,000 square feet and 400 jobs to be added in the next 5 years.
ABB offers Vattenfall fast-charging stations and all the essential grid connection hardware for developing a charging network for electric vehicles in Sweden.
Strength in end markets, acquired assets and stronger productivity and diligent cost-cutting initiatives are likely to drive ABB's growth. However, costs witness a rise.
Rising cost of sales along with high debt levels impede ABB's (ABB) growth. Also, the GEIS integration is likely to dilute its margins in the upcoming quarters.
Contributing to the Stable Supply of Energy between Tokyo Electric and Chubu Electric Using the HVDC Technology of ABB TOKYO, Apr 23, 2019 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) has received an order ...