ABT Stock | | | USD 118.95 0.99 0.84% |
Abbott Laboratories financial indicator trend analysis is way more than just evaluating Abbott Laboratories prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abbott Laboratories is a good investment. Please check the relationship between Abbott Laboratories Payout Ratio and its Price To Sales Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Abbott Stock please use our
How to Invest in Abbott Laboratories guide.
Payout Ratio vs Price To Sales Ratio
Payout Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Abbott Laboratories Payout Ratio account and
Price To Sales Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Abbott Laboratories' Payout Ratio and Price To Sales Ratio is 0.02. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Abbott Laboratories, assuming nothing else is changed. The correlation between historical values of Abbott Laboratories' Payout Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Abbott Laboratories are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Payout Ratio i.e., Abbott Laboratories' Payout Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of Abbott Laboratories earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Abbott Laboratories dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Abbott Laboratories is paying out more in dividends than it makes in net income.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Abbott Laboratories stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Abbott Laboratories sales, a figure that is much harder to manipulate than other Abbott Laboratories multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Abbott Laboratories' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abbott Laboratories current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Abbott Stock please use our
How to Invest in Abbott Laboratories guide.At this time, Abbott Laboratories'
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 19.79 in 2024, whereas
Tax Provision is likely to drop slightly above 949.8
M in 2024.
Abbott Laboratories fundamental ratios Correlations
Click cells to compare fundamentals
Abbott Laboratories Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Abbott Laboratories fundamental ratios Accounts
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Additional Tools for Abbott Stock Analysis
When running Abbott Laboratories' price analysis, check to
measure Abbott Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to
predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.