Pfizer Inc PFE is Attracting Investor Attention: Here is What You Should Know November 26, 2024

what is pfizer stock

While Best settings for stochastic oscillator Pfizer currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Pfizer wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Pfizer scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 949 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

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Discover which analysts rank highest for PFE overall weighted by direction, price target, and price movement. The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 8th will be paid a dividend of $0.42 per share. The business’s fifty day simple moving average is $27.97 and its 200-day simple moving average is $28.52. The company has a quick ratio of 0.73, a current ratio of 1.00 and a debt-to-equity ratio of 0.63.

Pfizer Announces New Chief Scientific Officer and President, Research & Development

When the team that built Zillow into a $16B real estate leader launches a new company, it’s worth paying attention. That’s why top firms like SoftBank and Maveron have already backed their latest venture, a company that’s transforming the $1.3 trillion vacation home market. World War I caused a shortage of materials for making citric acid and forced the company to seek alternatives.

Upgrade to MarketBeat All Access to add more stocks to your watchlist. Pfizer Inc. was founded in 1849 by Charles Pfizer Sr. and his cousin Charles Earhart. The two were German immigrants and chemists that set up shops outside New York City to make medicinal compounds. The first major success was an antiparasitic called santonin, and the commercialization of citric acid-making technologies quickly followed that up.

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what is pfizer stock

Another potentially massive opportunity for Pfizer is in the weight loss market, where it’s working on a once-daily pill, which could unlock a significant growth catalyst for the business. The pill, danuglipron, has been showing promise in early-stage trials, and it could be one of the first oral weight loss treatments to obtain approval from regulators in the near future. For Pfizer, the consensus sales estimate for the current quarter of $17.45 billion indicates a year-over-year change of +22.4%. For the current and next fiscal years, $63.31 billion and $62.89 billion estimates indicate +8.2% and -0.7% changes, respectively. According to 13 analysts, the average rating for PFE stock is “Buy.” The 12-month stock price forecast is $33.17, which is an increase of 28.42% from the latest price.

  • On Dec. 11, 2020, the Pfizer-BioNTech vaccine became the first COVID-19 vaccine to receive emergency use authorization (EUA) from the U.S.
  • The vaccine was approved for emergency use for individuals 16 years of age and older.
  • From February 2016 to December 2018, Bourla was group president of Pfizer’s Global Vaccines, Oncology, and Consumer Healthcare business.
  • Daiwa Capital Markets raised shares of Pfizer from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $28.00 to $34.00 in a report on Wednesday, August 7th.

Their success with citric acid led to the company’s expansion and other major discoveries. Discover which analysts rank highest on predicting the directional movement of PFE. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Stronger results from its specialty care and oncology segments have helped Pfizer overcome headwinds from the vaccine side of its operations.

And while the markets have done well overall, shares of Pfizer are down some 11% this year. For the next fiscal year, the consensus earnings estimate of $2.92 indicates a change of +0.4% from what Pfizer lexatrade review is expected to report a year ago. For the current fiscal year, the consensus earnings estimate of $2.91 points to a change of +58.2% from the prior year. Albert Bourla is the pharmaceutical giant’s current chief executive officer (CEO). Pfizer is classified as a member of the S&P 500 healthcare sector and operates within the biotechnology and pharmaceutical industry.

The company operates as a research-based pharmaceutical company focused on the discovery, production and marketing of medicines and vaccines. It is the 2nd largest drugmaker globally by revenue and is ranked 64th on the Fortune 500 list. The company’s avenues of research include Immunology, Oncology, Cardiology, Endocrinology and Neurology.

Inc. (MRK), Switzerland-based Roche Holding AG (RHHBY), and Eli Lilly and Co. (LLY). Pfizer reported adjusted net income attributable to its common shareholders of $25.2 billion on $81.3 billion in annual revenue in its 2021 fiscal year (FY). Pfizer Inc. is a research-based global biopharmaceutical company, which engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide. The firm works across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the one good trade: inside the highly competitive world of proprietary trading most feared diseases.

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