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Abbott increases quarterly dividend for 54th consecutive year
Prnewswire· 2025-12-12 15:26
Quarterly dividend increased by 6.8% Quarterly dividend payout has increased more than 70% since 2020 th408 consecutive quarterly dividend to be paid by Abbott since 1924 ABBOTT PARK, Ill., Dec. 12, 2025 /PRNewswire/ -- Abbott (NYSE: ABT) today announced that its board of directors has increased the company's quarterly common dividend to 63 cents per share, an increase of 6.8%. The company's quarterly dividend payout has increased more than 70% since 2020. ththThis marks Abbott's 54 consecutive year of d ...
University of Wisconsin Wins Abbott and Big Ten's 'We Give Blood' Competition as Campaign Donations Surge 319%, Helping Save Nearly 250,000 Lives
Prnewswire· 2025-12-07 01:45
Core Insights - The University of Wisconsin won the Abbott and Big Ten Conference "We Give Blood" competition, resulting in 15,476 blood donations that could save up to 46,428 lives, with overall donations increasing by 319% compared to 2024 [1][2][6] - The competition recorded a total of 83,043 blood donations across the Big Ten, potentially saving up to 250,000 lives, as each donation can save up to three lives [2][6] - The initiative highlighted the importance of engaging younger donors, as blood donations among 19- to 24-year-olds have decreased by nearly one-third in recent years [4] Summary by Sections Competition Results - The University of Wisconsin received $1 million from Abbott to advance student or community health after winning the competition [2] - The competition saw a 168% increase in student donors compared to 2024, indicating a significant rise in participation [6] Community Engagement - The campaign successfully inspired nearly 37% of student donors to donate blood for the first time, with over 90% indicating they are likely to donate again [4][6] - The Big Ten community's involvement was emphasized, showcasing the collective effort to address blood shortages [4][5] Campaign Structure - The "We Give Blood" competition ran from August 27 to December 5, 2025, and included 12 "Weekly One-Up Challenges" to foster competition among schools [7][8] - Participants donated blood on campuses and at blood centers nationwide, with proof of donation submitted online to count towards their respective schools [8] Future Implications - The campaign aims to create a sustainable blood supply, encouraging regular blood donation habits among participants [9] - The need for blood remains constant, and the initiative seeks to maintain engagement beyond the competition [9]
Jim Cramer on Agilent: “The Thing’s Just Caught Fire”
Yahoo Finance· 2025-12-04 05:05
Agilent Technologies, Inc. (NYSE:A) is one of the stocks Jim Cramer recently discussed. Cramer discussed the company’s performance over the longer term, as he commented: “Last week, just before Thanksgiving, I got the chance to speak with Agilent Technologies. That’s an arms dealer to the life sciences industry. A long time ago, this stock, known as letter A for its stock symbol, was a great growth vehicle. In the decade before COVID, Agilent’s chart was just a thing of beauty. Then, when the pandemic got ...
Is Abbott Laboratories Stock Underperforming the S&P 500?
Yahoo Finance· 2025-11-26 09:38
Core Insights - Abbott Laboratories is a major player in the healthcare sector with a market cap of $221.2 billion, offering a diverse range of products including diagnostics, medical devices, nutritional products, and branded generic medicines [1][2] Financial Performance - In Q3, Abbott reported net sales of $11.4 billion, reflecting a year-over-year growth of 6.9%, although it fell short of consensus estimates by 23 basis points [5] - The adjusted EPS for the quarter was $1.30, which met analysts' expectations, showing a growth of 7.4% [5] Stock Performance - Abbott's stock has underperformed compared to the S&P 500, with a year-to-date gain of 13.2% and an 8.4% increase over the past 52 weeks, while the S&P 500 saw gains of 15% and 13% respectively [4] - The stock price has declined 2.9% over the past three months, and it is currently trading 9.3% below its three-year high of $141.23 [3][4] Analyst Sentiment - Despite recent underperformance, analysts maintain a positive outlook on Abbott, with a consensus rating of "Strong Buy" among 27 analysts and a mean price target of $146.69, indicating a potential upside of 14.6% from current levels [6]
Snap-on Raises Dividend 14%
Businesswire· 2025-11-06 21:45
Core Points - Snap-on Incorporated announced a 14% increase in its quarterly common stock dividend, raising it from $2.14 to $2.44 per share [1][10] - The increased dividend is set to be payable on December 10, 2025, to shareholders of record as of November 21, 2025 [1] - This marks the 16th consecutive annual dividend increase, reflecting the company's commitment to long-term shareholder value [2] Financial Performance - Snap-on generated sales of $4.7 billion in 2024 [3] - The company has maintained uninterrupted quarterly cash dividends since 1939, showcasing its financial resilience [1][2] Company Overview - Snap-on is a leading global innovator and manufacturer of tools, equipment, diagnostics, and repair information for professional users in various industries, including vehicle repair and aerospace [3] - The company operates through a network of franchisee vans and direct sales channels, and it also provides financing programs to support its franchise business [3] - Snap-on is headquartered in Kenosha, Wisconsin, and is part of the S&P 500 [3]
Jim Cramer on Thermo Fisher: “Maybe This Stock Can Finally Get its Groove Back”
Yahoo Finance· 2025-10-25 04:44
Core Insights - Thermo Fisher Scientific Inc. reported better than expected earnings with accelerating organic revenue growth, indicating potential recovery after a period of stagnant trading [1] - The company is recognized for supplying laboratory products, analytical instruments, diagnostics, and biopharma services that support scientific research, healthcare, and industrial applications [2] - Comparatively, Danaher is viewed as a stronger investment option than Thermo Fisher, despite both companies facing challenges during the COVID-19 pandemic [2] Financial Performance - The latest earnings report showed a significant top and bottom line beat for Thermo Fisher, suggesting improved financial health [1] - The company has experienced a period of sideways trading for the past few years, but recent results may signal a turnaround [1] Market Position - Thermo Fisher has been impacted by the COVID-19 pandemic, which has affected its stock performance [2] - There is a belief that certain AI stocks may offer greater upside potential compared to Thermo Fisher, indicating a competitive landscape in the investment market [2]
Abbott Laboratories (ABT) Rated Buy as Benchmark Highlights Diagnostics Growth and Global Resilience
Yahoo Finance· 2025-10-21 10:33
Core Insights - Abbott Laboratories (NYSE:ABT) is recognized as one of the top medical device stocks, with Benchmark initiating coverage on October 10, setting a price target of $145 and a Buy rating, highlighting the company's reliable performance in a dynamic global market [1] Group 1: Business Strategy and Market Position - Abbott's business strategy is characterized by its independence from any single treatment, product, or market, which contributes to its resilience [1] - The company is expected to see a resurgence in its Diagnostics business by 2026, driven by a new molecular nucleic acid testing platform for blood screening, despite current challenges from post-pandemic declines in COVID-19 testing and pressures in China [2] Group 2: Investment and Expansion - Benchmark noted Abbott's proactive approach to potential trade disruptions, citing a $500 million investment in new U.S. facilities and expansions planned for the upcoming year, positioning the company favorably for future tariff discussions [3] - Abbott Laboratories is a leading global healthcare company, producing a diverse range of products including branded generic medications, medical devices, diagnostics, and nutritional items [3]
Abbott Laboratories' October Price Plunge Is a Signal to Buy
MarketBeat· 2025-10-17 14:27
Core Viewpoint - Abbott Laboratories' recent price drop is seen as a buying opportunity, with analysts and institutional investors showing increasing interest in the stock [3][4]. Group 1: Stock Performance and Analyst Sentiment - Abbott Laboratories' stock price is currently at $127.31, with a 52-week range between $110.86 and $141.23, and a dividend yield of 1.85% [3]. - Analyst trends indicate a positive sentiment, with a consensus forecast predicting a 10% gain ahead of the earnings release, potentially reaching an all-time high [4]. - Institutional investors have been consistently purchasing Abbott's stock, with a buying ratio of approximately $1.50 for every $1.00 sold over the past year, increasing to $3.25 to $1 as of mid-October [4]. Group 2: Financial Performance - Abbott's Q3 revenue growth was slightly below analysts' expectations, missing the consensus forecast by 0.17%, but still reported a 6.9% revenue growth [8][10]. - The company achieved a 12.5% organic growth in Medical Devices and 7.1% in Established Pharmaceuticals, while Diagnostics saw a decline of 7.8% due to COVID-19-related sales [10]. - Adjusted operating margin increased by 40 basis points, with operating earnings rising by 10.6% and net income growing by 7.5%, resulting in an adjusted EPS of $1.30, up 7.45% year-over-year [11]. Group 3: Dividend and Growth Outlook - Abbott Laboratories has a reliable dividend yield of 1.85%, with an annual dividend of $2.36 and a track record of 54 years of dividend increases [12][13]. - The company maintains a low dividend payout ratio of 29.57%, indicating strong earnings growth potential, with projections of low-double-digit growth over the next five years [13]. - Abbott's diversified product portfolio across various segments helps mitigate risks from sector-specific slowdowns, positioning the company well for sustained growth and shareholder returns [14].
Abbott Laboratories (NYSE:ABT) Earnings Report Overview
Financial Modeling Prep· 2025-10-15 19:00
Core Insights - Abbott Laboratories reported earnings per share (EPS) of $1.30, matching estimates, with revenue at approximately $11.37 billion, slightly below the expected $11.39 billion [1][6] Financial Performance - The company's third-quarter sales increased by 6.9%, reaching $11.37 billion, driven by strong performance in medical devices and diagnostics, despite a normalization in COVID-19 testing-related revenue [2][6] - Organic sales rose by 5.5%, or 7.5% when excluding COVID-19 testing-related revenue [2] - Abbott's operating margin was reported at 18.1% of sales, with an adjusted operating margin of 23%, marking a 40 basis point increase [3] Earnings Metrics - The GAAP diluted EPS for the quarter stood at $0.94, while the adjusted diluted EPS was $1.30, an increase from $1.21 per share reported in the same quarter last year [3][6] Management Commentary - CEO Robert Ford emphasized the company's consistent, high-quality performance, attributing it to their differentiated product pipeline [4] - Abbott has reaffirmed its full-year guidance, indicating confidence in its ongoing business strategy and market position [4] Valuation and Financial Ratios - The company's price-to-earnings (P/E) ratio is approximately 16.07, reflecting the market's valuation of its earnings [4] - Abbott's financial metrics include a debt-to-equity ratio of approximately 0.27 and a current ratio of around 1.82, suggesting a strong financial position [5] - The enterprise value to sales ratio is around 5.36, providing insight into its valuation relative to its sales [5] - Abbott's earnings yield is about 6.22%, offering a perspective on its earnings relative to its share price [5]
Abbott Shares Fall After Mixed Quarterly Results and In-Line Guidance
Financial Modeling Prep· 2025-10-15 18:29
Core Insights - Abbott Laboratories reported third-quarter results that were largely in line with expectations, with earnings matching forecasts but revenue slightly below consensus [1] Financial Performance - The company posted earnings per share of $1.30, meeting analyst projections [2] - Revenue came in at $11.37 billion, just under expectations of $11.4 billion [2] - Reported sales increased 6.9% year-over-year, or 5.5% organically, and grew 7.5% when excluding COVID-19 testing-related revenue [2] Future Guidance - For the full year 2025, Abbott guided for earnings of $5.12 to $5.18 per share, compared with Wall Street's consensus of $5.14 [3] - The company maintained its outlook for organic sales growth of 7.5% to 8.0%, excluding COVID-related sales impacts, and 6.0% to 7.0% when including them [3] - Executives noted solid underlying demand across medical devices and nutrition products, though diagnostics sales continued to normalize following the pandemic [3]