Thu, Dec 18, 2014, 6:03 AM EST - U.S. Markets open in 3 hrs 27 mins

Recent

% | $
Quotes you view appear here for quick access.

Abbott Laboratories Message Board

you are viewing a single comment's thread.

2
">view the rest of the posts
  • bman2000 bman2000 Nov 24, 1998 2:37 PM Flag

    Drip 2

    Abt's ave. p/e for the last 15-16 years has been
    around 19.
    Its growth rate in eps has been about
    13.5% last 10 years, and
    around 10% in the last 5
    years. If you use 13% growth going foward for the next 5
    years you get around $2.73, based on value
    line
    prjected earnings of $1.70 in 99.$2.73 times the ave.
    p/e
    of 19= $51.87. IF, abt slips back to its ave.p/e and
    you pay 49$
    for its stock today you compounded
    return is 1.1% for your 5 years. Even if the p/e slips
    to the ave of the s/p your returns
    will be poor.
    Will earnings skyrocket in the next few years?
    If
    your paying $49 today I hope so......

 
ABT
44.26+0.86(+1.98%)Dec 17 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.