Abaxis, Inc. (ABAX) — Recommendation Trends Analysis

17 May, 2018, 21:20 | Author: Regina Silva
  • Zoetis Inc

Wall Street analysts covering the stock are projecting that the stock will reach $64.63 within the next 52-weeks. For the next financial year, analysts anticipate that the company will report earnings of $1.46 per share, with EPS estimates ranging from $1.30 to $1.57.

Macy's earnings pushed the consumer discretionary sector higher on Wednesday, a day after government data showing an acceleration of consumer spending fanned inflation concerns and helped send US government bond yields higher.

ABAX has been the subject of a number of research analyst reports. It has outperformed by 32.92% the S&P500.

Facebook shares were the biggest drag on the S&P 500, down 0.6 percent, on news that Chief Executive Mark Zuckerberg would appear before members of the European Parliament to answer questions about the improper use of users' data. Whereas 5 of them predict the stock is a hold.

Advancing issues outnumbered declining ones on the NYSE by a 2.30-to-1 ratio; on the Nasdaq, a 2.62-to-1 ratio favored advancers. The offer from ZTS represents a 15% premium to the closing price for ABAX stock on Tuesday. The company had a trading volume of 146,640 shares, compared to its average volume of 193,081.

The Company holds the market capitalization of $1.83B along with 21.91M outstanding shares. The modest value of the stock is known as the current ABR of the stock.

At the end of 03/31/2018 reporting period, 92 institutional holders increased their position in Abaxis, Inc. Its yearly performance remained 73.34%. Year to Date (YTD) performance of Abaxis, Inc. The stock "ABAX" was trading at a distance of 18.88% from 20 days simple moving average, and its distance from 50 days simple moving average is 17.16% while it has a distance of 46.65% from the 200 days simple moving average.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.8 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell.

Abaxis Inc
Abaxis Inc

Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not.

The company shows its Return on Assets (ROA) value of 8.6%.

Abaxis, Inc develops, manufactures, markets, and sells portable blood analysis systems for use in human or veterinary patient care settings to provide rapid blood constituent measurements for clinicians worldwide.

According to Zoetis CEO, Juan Ramón Alaix has said the two companies "can bring more veterinarian customers a broader range of products" and will help to improve financial growth, in the U.S. and other countries that Zoetis is established in. ABAX's price to free cash flow for trailing twelve months is 89.95.

For more Abaxis, Inc. Abaxis had a net margin of 11.11% and a return on equity of 10.65%.

On 10/24/2017 NASDAQ:ABAX - Abaxis announced a quarterly dividend of $0.16 1.28% with an ex dividend date of 11/30/2017 which will be payable on 12/15/2017. The general volume in the last trading session was 732,304 shares.

Abaxis, Inc. (ABAX) has an annual dividend of $0.72, while its annual dividend yield is 0.86%. (NASDAQ:ABAX) has "Hold" rating given by Stifel Nicolaus. Abaxis has a one year low of $71.45 and a one year high of $71.99. Abaxis, Inc. (NASDAQ:ABAX) has $1.88 billion market cap. Calculating the market cap is easy. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 3,159,985 shares of the stock are valued at $226.73 million. IRBT has a beta of 1.09. 14% are bullish. With $90.0 highest and $48 lowest target price Abaxis has $65 average target price or -22.01% below the current ($83.34) price.

The PEG ratio acts as a measure of value that takes into account future growth. It has a 77.17 P/E ratio. A dividend is a distribution of a portion of a company's earnings decided by its BOD (board of directors) specifically for its shareholders.

Bumble Bee CEO indicted for tuna price fixing
Lischewski's attorney, John Keker of San Francisco-based Keker, Van Nest & Peters , said his client is innocent of the charges. One, who served as senior vice president for sales, pleaded guilty a year ago .


NBW Capital LLC Buys 5493 Shares of Oasis Midstream Partners (OMP)
The stock has a market capitalization of $15.75 billion, a P/E ratio of 18.22, a P/E/G ratio of 2.83 and a beta of 0.71. The target price by Stifel Nicolaus would suggest a potential upside of 9.11 % from the company's current stock price.


Lucasfilm Boss Confirms Interest in 'Solo: A Star Wars Story' Sequel
But a movie focusing on Lando Calrrissian out on his own would be sublime. "It would be fun to tell the story of Han and Chewie". We can now add a Lando movie to the list of films we expect to see, with no idea when we actually expect to see them.


Recommended:

  • The mystery behind the green-blood lizards still continues

    The mystery behind the green-blood lizards still continues

    In the past, scientists had assumed that lizards with this green blood must belong to one closely related group. Previous studies suggest bile pigments can take on an antioxidant role, finding and neutralizing free radicals.
    RED Hydrogen One heading to AT&T and Verizon this summer

    RED Hydrogen One heading to AT&T and Verizon this summer

    The holographic display and other features on offer will really have to impress to make the Red Hydrogen One stick out in 2018. Verizon hasn't shared a release date or, more importantly, a price for the Red phone.
    Britain taken to court by European Commission over air pollution

    Britain taken to court by European Commission over air pollution

    The European Environment Commissioner, Karmenu Vella , said the EU "owed it to its citizens", to take legal action. It is unclear when the ECJ's jurisdiction over the UK's environmental concerns will end following Brexit.
  • Freeport-McMoRan (FCX) Received New $18.00 Target Price at B. Riley

    Going move backward a period of six month analysis we come to know that stock soared 10.05% giving rising alert for Investors. The total market cap for the stock is $1.38B its price-to-earnings-growth ratio reads 0.22 while it has a beta of 2.84.
    Exercise does not delay decline in people with dementia, study shows

    Exercise does not delay decline in people with dementia, study shows

    The exercise group were fitter, but had marginally higher Alzheimer's disease assessment scores compared with the rest. People who exercise more are less likely to get dementia, possibly because it maintains blood flow to the brain.
    USA  spacewalkers to swap, check coolers 'Leaky' and 'Frosty'

    USA spacewalkers to swap, check coolers 'Leaky' and 'Frosty'

    Feustel and Arnold went spacewalking at the end of March, shortly after arriving at the 250-mile-high lab. "Drew" Feustel has ventured outside the International Space Station for a six-and-a-half-hour spacewalk.
  • Barcelona topples Mamelodi Sundowns in friendly

    Barcelona topples Mamelodi Sundowns in friendly

    It wasn't long before Valverde introduced sensational striker Lionel Messi into the lovely game much to the thrill of the crowd. The game was to celebrate the posthumous100th birthday of African icon Nelson Mandela .
    Fortnite's first competitive mode is Solo Showdown

    Fortnite's first competitive mode is Solo Showdown

    Fornite Solo Showdown Limited Time Mode has been announced, with more news on competitive play coming next week. That's right, the players who top the leaderboards by the end of the event will get a share of a big prize pot.
    FDA Approves First Non-Opioid For Management Of Opioid Withdrawal Symptoms

    FDA Approves First Non-Opioid For Management Of Opioid Withdrawal Symptoms

    Food and Drug Administration (FDA ) approved a new treatment to help patients manage withdrawal symptoms from opioid addiction. There are several drugs on the market that can be used to treat the overall disorder, but some of them are hard to access.
  • Meghan Markle seeks respect for dad after report he'll skip wedding

    Meghan Markle seeks respect for dad after report he'll skip wedding

    The pair had booked their big day at Yandina Station, on the Sunshine Coast, months before they learned the royal wedding date. Other reports alleged that the Queen was "angry" about the situation and planning to talk to him about "royal protocol".
    National Weather Service: 2 tornadoes touched down in CT

    National Weather Service: 2 tornadoes touched down in CT

    The National Weather Service said the strong thunderstorms created a small weather-generated tsunami off the New Jersey coast. Malloy says he's signed an emergency order that will give state agencies flexibility in helping cities and towns recover.
    Taylor Swift's Stalker is Heading to Jail

    Taylor Swift's Stalker is Heading to Jail

    While Swift won't have to worry about Jaffar bothering her, the singer unfortunately is dealing with a second alleged stalker. He was apprehended wearing a mask and rubber gloves and carrying a knife and a rope, according to reports.


Popular

Bing Ads Latest Platform to Ban Cryptocurrency Advertising
Though Microsoft has banned Cryptocurrencies , they are constantly participating in multiple Blockchain Products. These include Ponzi schemes, pyramid schemes, and investments in which it's necessary to add other participants.

Can Miguna Miguna be appointed Deputy Governor of Kenya's capital?
An Equity Bank business card going round on social media shows that Igathe will be among the bank's top decision makers. That procedure can take us 3-4 months. "The Constitution is clear that a deputy governor needs to be a Kenyan citizen".

Batwoman to Make in 'Arrow'-verse Debut in Next Crossover
The CW did not reveal who has been cast in the role of Batwoman or when exactly in December we can expect this crossover. In fact, Batwoman was one of the most popular books of the early New 52 era before the creative team of W.

Watch out for the kids: George, Charlotte in royal wedding
Teaming up with Charlotte on bridesmaid duty, there's Markle's godchildren, Remi Litt , 6, and Rylan Litt, 7, Ivy Mulroney , 4. Perhaps it will be Prince Charles? Lastly is Jasper Dyer , 6, son of Mark Dyer , Harry's "second father" and his wife Amanda .

Cases of Killings of Palestinians Should Be Brought to Int'l Court - Ankara
On Tuesday, the army released a video that appeared to show protesters detonating several explosions near the border. The status of Jerusalem is one of the key issues concerning the Israel-Palestine conflict.

Multiple people injured in serious crash between school bus, dump truck
State police said an unknown number of children were on the bus, but they don't know how serious the injuries might be. Mount Olive Mayor Rob Greenbaum said he rushed to the scene and was observing the rescue efforts from an overpass.

Motorola unveils Moto 1s in China
Finally, the smartphone has a 3000 mAh Li-ion non-user replaceable battery with Turbocharging support via USB type C port. This is a new smartphones series from the Lenovo owned brand, which resembles the Moto G6 series of smartphones.

Low-Rewarding Stock to Observe: JC Penney Company, Inc. (JCP)
Investors generally keep an extensive variety of technical indicators at their disposal for completing technical stock analysis. Four analysts have rated the stock with a sell rating and seventeen have assigned a hold rating to the company's stock.

NASA shares CubeSat version of 'pale blue dot' image
MarCO will send data back to NASA about InSight Lander's condition as it enters the planet's atmosphere and explores Mars . Andy Klesh says, "Cubesats have never gone this far into space before, so it's a big milestone".

US Housing Starts Fall on Retreat in Apartment Building
The Trump administration in April past year imposed anti-subsidy duties on imports of Canadian softwood lumber. Permits for multifamily homes were at a rate of 450,000, a decrease of 7.4% compared with 486,000 in March.