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Abbott Laboratories
S&P 500
🏹 Trader: 🎯 Near 52W High View all →
$203.1B
Market Cap
33.7
P/E
2.35
PEG
11.2%
ROCE
13.0%
ROE
0.19
D/E
18.2%
OPM
-14.6%
% from 52W High
65
α RS
🔍 ABT is showing a high-conviction setup because it matches 4 of 37 tracked screener presets, Sector RRG has Health Care in the Leading quadrant with the trail still rolling over, and RS Rating is 65. Net: Broad signal stack, not a recommendation. ? Conviction RRG RS Rating
Sources
Conviction 4/37 · Health Care in Leading quadrant · RS Rating 65
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🌏 Global Investor Returns
Currency-adjusted total returns for ABT including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding ABT
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 1.24M $127.2M 0.20% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Reported Sales
$12.593B
+13.0% YoY reported; +4.8% comparable
Adjusted EPS
$1.31
Exceeded guidance midpoint and consensus
GAAP EPS
$0.53
n/a
Adjusted Gross Margin
58.0%
+100 bps YoY
What Went Right
  • Raised full-year adjusted EPS guidance to $5.45-$5.60 from $5.38-$5.58 after a Q2 EPS beat.
  • Medical devices grew 8.5% comparable, with EP accelerating and international EP growth above 20% in Europe.
  • Adjusted gross margin expanded 100bps to 58.0%, helped by mix, Exact Sciences and operational execution.
What to Watch
  • Nutrition still declined 3.6% comparable in Q2, though sequential improvement and $127M sales step-up were positive.
  • Respiratory diagnostics declined 8% due to a weak season, pressuring rapid/molecular diagnostics.
  • Structural heart U.S. mitral faces competitive pressure; management expects improvement only by Q4.
  • FX expected to be a ~1% headwind to Q3 sales.
Management Guidance
  • Full-year comparable sales growth reaffirmed at 6.5%-7.5%.
  • Full-year adjusted EPS guidance raised to $5.45-$5.60 from $5.38-$5.58.
  • Q3 adjusted EPS guided at $1.38-$1.46; FX seen as ~1% negative on Q3 sales and ~1% positive on full-year sales.
Investor Lens
The thesis is stronger after this call: Q2 EPS beat, FY EPS guidance raised, and management has clear second-half acceleration drivers in nutrition, EP, core lab and cancer diagnostics. The 4.8% comparable sales growth is still below the 6.5%-7.5% full-year target, so the H2 ramp is the key execution test. CGM remains a resilient high-growth franchise at 9.5% on a $2B quarterly base, with reimbursement expansions as upside optionality. Watch whether EP share gains and nutrition recovery actually deliver as guided.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG STRONG Q2: EPS $1.31, sales $12.6B, FY EPS guidance raised
Revenue
Q2 reported sales were $12.593B, up 13.0% reported and 4.8% comparable. Medical devices grew 8.5%, established pharmaceuticals 8.7%, and diagnostics 2.9%; nutrition declined 3.6% comparable.
Profitability
Adjusted diluted EPS was $1.31, above the midpoint of guidance and consensus. GAAP diluted EPS was $0.53; net income was not separately disclosed on the call.
Margins
Adjusted gross margin was 58.0%, up 100bps year-over-year, driven by favorable mix, Exact Sciences contribution and operational improvements. Adjusted R&D was 6.9% of sales and adjusted SG&A was 28.6% of sales.
Balance Sheet
No balance sheet detail was provided. The company returned $2.1B to shareholders in Q2 via dividends and buybacks, and management expects cash flow to run ahead of its January forecast.
Key Risks
Key risks flagged include continued respiratory diagnostics softness, U.S. nutrition volume/pricing transition, competitive pressure in U.S. structural heart mitral, and China VBP headwinds though moderating to mid-single-digit decline. FX is expected to be a ~1% negative on Q3 sales.
Outlook
Full-year comparable sales growth is reaffirmed at 6.5%-7.5%, and full-year adjusted EPS guidance is raised to $5.45-$5.60. Q3 adjusted EPS is guided to $1.38-$1.46 with FX expected to reduce Q3 sales by roughly 1%.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-16
Second quarter sales grew 4.8% with adjusted EPS of $1.31, exceeding expectations. Full-year sales growth guidance was reaffirmed and EPS guidance raised, with strong momentum in nutrition, diagnostics, and medical devices. Key product launches and pipeline investments support future growth.
Q1 2026 Q1 2026 2026-04-16
Q1 results met expectations with 3.7% sales growth and $1.15 adjusted EPS, despite higher financing costs and a weak respiratory season. The Exact Sciences acquisition is integrating well, driving growth in cancer diagnostics, while medical devices and pharma segments delivered strong performances.
Q4 2025 Q4 2025 2026-01-22
Delivered double-digit EPS growth and margin expansion in 2025, with strong performance in medical devices and diagnostics offsetting near-term nutrition headwinds. 2026 guidance targets 10% EPS growth and 7% organic sales growth, supported by innovation, new product launches, and the Exact Sciences acquisition.
Q3 2025 Q3 2025 2025-10-15
Organic sales grew 7.5% year-over-year, led by double-digit growth in medical devices and strong international performance. Adjusted EPS rose to $1.30, and the company remains confident in sustaining high single-digit sales and double-digit EPS growth into 2026, supported by innovation and new product launches.
Q2 2025 Q2 2025 2025-07-17
Delivered high single-digit sales growth, margin expansion, and double-digit EPS growth in Q2, driven by strong performance in medical devices and emerging markets, despite headwinds in diagnostics and tariffs. Guidance reaffirmed for high single-digit sales and double-digit EPS growth.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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