Pfizer Inc. (NYSE:PFE) saw an upside of 0.89% to close Monday at $32.98 after adding $0.29 on the day. The 5-day average trading volume is 25,995,580 shares of the company’s common stock. It has gained $34.09 in the past week and touched a new high 2 times within the past 5 days. An average of 25,628,920 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 24,582,047.
PFE’s 1-month performance is -8.79% or -$3.40 on its low of $32.41 reached on 09/25/23. The company’s shares have touched a 52-week low of $32.50 and high of $54.93, with the stock’s rally to the 52-week high happening on 01/06/23. YTD, PFE has lost -35.64% or -$18.26 and has reached a new high 2 times. However, the current price is down -39.96% from the 52-week high price.
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Insider Transactions
PFE stock investors last saw insider trading activity on May 08.DAMICO JENNIFER B. (SVP & Controller) most recently sold 9,912 shares at $40.02 per share on Mar 15. This transaction cost the insider $396,678.
Valuation Metrics
PFE stock has a beta of 0.60. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.39 while the price-to-book (PB) in the most recent quarter is 1.88, with the price to cash flow ratio at 12.73.
Pfizer Inc.’s quick ratio for the period ended June 29 was 1.82, with the current ratio over the same period at 2.12. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.62, while the total debt to equity was 0.66. In terms of profitability, the gross margin trailing 12 months is 63.40%. The trailing 12-month EBITDA margin is 42.47% while for the period ending June 29, Pfizer Inc.’s operating margin was 30.16%. The firm’s gross profit as reported stood at $65.99 billion against revenue of $100.33 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -325.7% to $2.33 billion, while revenue of $5.54 billion was -138.2% off the previous quarter. Analysts expected PFE to announce $0.57 per share in earnings in its latest quarter, but it posted $0.67, representing a 17.50% surprise. EBITDA for the quarter stood at more than $3.49 billion. PFE stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 120.88 billion, with total debt at $65.67 billion. Shareholders hold equity totaling $5.65 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 25 September was 29.07% to suggest the stock is trending oversold, with historical volatility in this time period at 15.61%.
The stock’s 5-day moving average is $33.23, reflecting a -1.96% or -$0.66 change from its current price. PFE is currently trading -9.35% above its 20-day SMA, -15.57% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.20% and SMA200 by-33.66%.
Stochastic %K and %D was 8.48% and 7.06% and the average true range (ATR) pointed at 0.62. The RSI (14) points at 30.97%, while the 14-day stochastic is at 19.86% with the period’s ATR at 0.64. The stock’s 9-day MACD Oscillator is pointing at -0.72 and -0.95 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Pfizer Inc. (NYSE: PFE), JP Morgan reiterated its a Neutral rating for the company but lifted their price target by $45 to $41. 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 15 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 8 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 $32.00 and a high of $75.00, with their median price target at $40.50. Looking at these predictions, the average price target given by analysts is for Pfizer Inc. (PFE) stock is $43.96.
