Pfizer (NYSE:PFE – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $2.80-$3.00 for the period, compared to the consensus EPS estimate of $2.91. The company issued revenue guidance of $61.0-$64.0 billion, compared to the consensus revenue estimate of $63.07 billion.
Pfizer Stock Down 1.2 %
NYSE PFE traded down $0.32 on Tuesday, hitting $25.88. 68,262,273 shares of the stock were exchanged, compared to its average volume of 38,007,859. The company has a quick ratio of 0.73, a current ratio of 1.00 and a debt-to-equity ratio of 0.63. The company has a 50-day moving average price of $26.27 and a 200-day moving average price of $27.82. The company has a market cap of $146.64 billion, a PE ratio of 34.97, a PEG ratio of 0.66 and a beta of 0.64. Pfizer has a fifty-two week low of $24.48 and a fifty-two week high of $31.54.
Pfizer (NYSE:PFE – Get Free Report) last issued its earnings results on Tuesday, February 4th. The biopharmaceutical company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.15. Pfizer had a return on equity of 16.28% and a net margin of 7.07%. The business had revenue of $17.76 billion for the quarter, compared to analyst estimates of $17.26 billion. During the same quarter last year, the company earned $0.10 EPS. The business’s quarterly revenue was up 24.7% on a year-over-year basis. Sell-side analysts anticipate that Pfizer will post 2.96 EPS for the current fiscal year.
Pfizer Increases Dividend
Analyst Ratings Changes
Several research firms have recently commented on PFE. Truist Financial cut their price target on Pfizer from $36.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th. UBS Group reduced their target price on shares of Pfizer from $31.00 to $29.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Evercore ISI raised shares of Pfizer to a “strong-buy” rating in a report on Wednesday, October 30th. Bank of America restated a “neutral” rating and issued a $29.00 price objective on shares of Pfizer in a research report on Tuesday, December 10th. Finally, Wolfe Research started coverage on Pfizer in a report on Friday, November 15th. They issued an “underperform” rating and a $25.00 price target for the company. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $31.92.
Read Our Latest Stock Report on PFE
Pfizer Company Profile
Pfizer Inc discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States, Europe, and internationally. The company offers medicines and vaccines in various therapeutic areas, including cardiovascular metabolic, migraine, and women's health under the Eliquis, Nurtec ODT/Vydura, Zavzpret, and the Premarin family brands; infectious diseases with unmet medical needs under the Prevnar family, Abrysvo, Nimenrix, FSME/IMMUN-TicoVac, and Trumenba brands; and COVID-19 prevention and treatment, and potential future mRNA and antiviral products under the Comirnaty and Paxlovid brands.
Recommended Stories
- Five stocks we like better than Pfizer
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- How Investors Can Find the Best Cheap Dividend Stocks
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- What is the NASDAQ Stock Exchange?
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Pfizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pfizer and related companies with MarketBeat.com's FREE daily email newsletter.