Pfizer Inc. (NYSE:PFE) saw a downside of -0.29% to close Monday at $44.98 after subtracting -$0.13 on the day. The 5-day average trading volume is 26,886,859 shares of the company’s common stock. It has gained $46.74 in the past week and touched a new high 1 time within the past 5 days. An average of 20,732,055 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 20,992,814.
PFE’s 1-month performance is -12.35% or -$6.85 on its low of $44.64 reached on 01/19/23. The company’s shares have touched a 52-week low of $41.44 and high of $56.32, with the stock’s rally to the 52-week high happening on 01/06/23. YTD, PFE has lost -12.22% or -$6.26 and has reached a new high 2 times. However, the current price is down -20.13% from the 52-week high price.
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PFE stock investors last saw insider trading activity on Jun 07.DAMICO JENNIFER B. (SVP & Controller) most recently sold 4,218 shares at $53.96 per share on Jun 07. This transaction cost the insider $227,603. SVP & Controller, DAMICO JENNIFER B., sold 4,000 shares at a price of $50.50 on May 16. Then, on May 13, Executive Vice President SAHNI PAYAL sold 1,408 shares at a price of $49.84 per share. This transaction amounted to $70,175.
PFE stock has a beta of 0.66. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.52 while the price-to-book (PB) in the most recent quarter is 2.72, with the price to cash flow ratio at 17.42.
Pfizer Inc.’s quick ratio for the period ended September 29 was 1.40, with the current ratio over the same period at 1.60. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.35, while the total debt to equity was 0.40. In terms of profitability, the gross margin trailing 12 months is 65.50%. The firm’s gross profit as reported stood at $50.47 billion against revenue of $81.29 billion.
For the quarterly period ending September 29 this year, Pfizer Inc.’s cash and short-term investments amounted to $34.83 billion against total debt of $37.0 billion. Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 5.37% to $8.61 billion, while revenue of $9.91 billion was -15.08% off the previous quarter. Analysts expected PFE to announce $1.39 per share in earnings in its latest quarter, but it posted $1.78, representing a 28.10% surprise. EBITDA for the quarter stood at more than $10.13 billion. PFE stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 102.46 billion, with total debt at $37.0 billion. Shareholders hold equity totaling $5.61 billion.
Let’s look briefly at Pfizer Inc. (PFE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 21.81% to suggest the stock is trending oversold, with historical volatility in this time period at 20.91%.
The stock’s 5-day moving average is $45.23, reflecting a -6.00% or -$2.87 change from its current price. PFE is currently trading -12.93% above its 20-day SMA, -2.70% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -5.01% and SMA200 by-12.22%.
Stochastic %K and %D was 5.40% and 4.32% and the average true range (ATR) pointed at 1.07. The RSI (14) points at 28.38%, while the 14-day stochastic is at 4.89% with the period’s ATR at 1.10. The stock’s 9-day MACD Oscillator is pointing at -1.29 and -2.63 on the 14-day charts.
In the most recent analyst report for Pfizer Inc. (NYSE: PFE), Wells Fargo downgraded it to an Equal weight rating. They previously had an Overweight rating on the stock. Analysts offering their rating for PFE stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate PFE as a “sell,”, while 12 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 10 have offered a “buy” rating.
What is PFE’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $44.00 and a high of $75.00, with their median price target at $53.00. Looking at these predictions, the average price target given by analysts is for Pfizer Inc. (PFE) stock is $55.00.