ABT vs. AZN, NVS, ISRG, MRK, SYK, PFE, BSX, SNY, MDT, and BDX
Should you be buying Abbott Laboratories stock or one of its competitors? The main competitors of Abbott Laboratories include AstraZeneca (AZN), Novartis (NVS), Intuitive Surgical (ISRG), Merck & Co., Inc. (MRK), Stryker (SYK), Pfizer (PFE), Boston Scientific (BSX), Sanofi (SNY), Medtronic (MDT), and Becton, Dickinson and Company (BDX). These companies are all part of the "medical" sector.
Abbott Laboratories vs.
Abbott Laboratories (NYSE:ABT) and AstraZeneca (NASDAQ:AZN) are both large-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, dividends, earnings, risk, profitability, analyst recommendations, institutional ownership, community ranking and media sentiment.
Abbott Laboratories pays an annual dividend of $2.20 per share and has a dividend yield of 1.9%. AstraZeneca pays an annual dividend of $0.98 per share and has a dividend yield of 1.5%. Abbott Laboratories pays out 66.9% of its earnings in the form of a dividend. AstraZeneca pays out 46.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Abbott Laboratories has increased its dividend for 53 consecutive years. Abbott Laboratories is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
AstraZeneca has higher revenue and earnings than Abbott Laboratories. AstraZeneca is trading at a lower price-to-earnings ratio than Abbott Laboratories, indicating that it is currently the more affordable of the two stocks.
75.2% of Abbott Laboratories shares are owned by institutional investors. Comparatively, 20.4% of AstraZeneca shares are owned by institutional investors. 0.5% of Abbott Laboratories shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Abbott Laboratories has a net margin of 13.99% compared to AstraZeneca's net margin of 12.68%. AstraZeneca's return on equity of 30.01% beat Abbott Laboratories' return on equity.
Abbott Laboratories currently has a consensus price target of $130.07, indicating a potential upside of 11.07%. AstraZeneca has a consensus price target of $89.75, indicating a potential upside of 40.67%. Given AstraZeneca's stronger consensus rating and higher probable upside, analysts plainly believe AstraZeneca is more favorable than Abbott Laboratories.
Abbott Laboratories received 874 more outperform votes than AstraZeneca when rated by MarketBeat users. Likewise, 69.70% of users gave Abbott Laboratories an outperform vote while only 59.41% of users gave AstraZeneca an outperform vote.
Abbott Laboratories has a beta of 0.72, indicating that its share price is 28% less volatile than the S&P 500. Comparatively, AstraZeneca has a beta of 0.47, indicating that its share price is 53% less volatile than the S&P 500.
In the previous week, Abbott Laboratories had 21 more articles in the media than AstraZeneca. MarketBeat recorded 48 mentions for Abbott Laboratories and 27 mentions for AstraZeneca. Abbott Laboratories' average media sentiment score of 1.50 beat AstraZeneca's score of 0.52 indicating that Abbott Laboratories is being referred to more favorably in the media.
Summary
Abbott Laboratories beats AstraZeneca on 14 of the 22 factors compared between the two stocks.
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This page (NYSE:ABT) was last updated on 11/20/2024 by MarketBeat.com Staff