Pfizer Inc. was founded in 1849 and is headquartered in New York, New York. When it comes to valuing Pfizer, one has to remember that the companys results are currently dotbig inflated. Based on earnings per share estimates, the stocks forward P/E for 2022 stands close to 7x – obviously a dirt-cheap valuation for such a quality pharma giant.
- Turning to Wall Street, Pfizer has a Moderate Buy consensus rating based on five Buys and seven Holds assigned in the past three months.
- There aren’t any tax benefits, but you aren’t limited in how you use the money.
- It was the first COVID-19 vaccine to receive full approval from the FDA.
- Pfizer’s earnings and revenue for the third quarter of FY 2021, fueled by sales of its COVID-19 vaccine, surpassed analysts’ expectations.
- Selling at a profit incurs capital gains taxes, so a CPA can talk you through your options and discuss how to minimize your taxes.
Regardless, the stock appears quite cheap, especially with the recent deleveraging leaving room for growing capital returns. “An investment in Pfizer could serve as a shock absorber for your portfolio, in the event that this pandemic lasts longer than anticipated, says Clulow. He highlights that Covid-related products like Pfizer’s Comirnaty vaccine and Paxlovid antiviral pill, should account for roughly 50% of the company’s PFE revenues in 2022. In 2021, Pfizer reported full-year revenues of $81.3 billion. According to Mike Clulow, a chartered financial analyst and portfolio manager with EFG-Capital, Pfizer likely has a strong future. Real-time analyst ratings, insider transactions, earnings data, and more. Meme stocks describe the shares of companies that have gained a cult-like following on social media, which can influence share prices.
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Pfizer has received a 67.54% net impact score from Upright. The largest positive contribution comes from its “Physical diseases” impact, which is mostly driven by its “Covid-19 vaccines”, “Pneumococcal vaccines”, and “Apixaban” products. Pfizer https://dotbig.com/ pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends. Pfizer has a short interest ratio (“days to cover”) of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Billions could be poured into exploration companies http://dotbig.com/markets/stocks/PFE/ searching for new U.S. deposits.
The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023. Sign-up to receive the latest news and ratings for Pfizer and its competitors with MarketBeat’s FREE daily newsletter. MarketBeat has tracked 3 reddit mentions for Pfizer this week, compared to 14 mentions on an average week. Pfizer has PFE stock price only been the subject of 4 research reports in the past 90 days. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Please log in to your account or sign up in order to add this asset to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.
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Log on to your brokerage account and enter PFE—Pfizer’s stock symbol—plus the number of shares you want to purchase. If your platform allows you to buy fractional Forex shares, enter the dollar amount you want to invest in Pfizer. Before investing in individual stocks, think about your goals and the rest of your portfolio.
Their PFE share price forecasts range from $44.00 to $76.00. On average, they predict the company’s stock price to reach $56.50 in the next twelve months. This suggests a possible upside of 18.6% from the stock’s current price. View analysts price targets for PFE or view top-rated stocks among Wall Street analysts. Pfizer Inc. is a research-based global biopharmaceutical company.
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Like any other public company, Pfizer faces competition and market obstacles that could affect its future. After paying your bills, make sure you’re setting aside funds for retirement and your emergency fund. Then decide how much of the money you have left over after taking care of these three things to invest in stocks like Pfizer. If you Pfizer stock price today want to invest to grow your money but don’t have a specific goal in mind and don’t want to worry about withdrawal penalties, another option is to open a taxable investment account. There aren’t any tax benefits, but you aren’t limited in how you use the money. Over the last 12 months, shares of Pfizer’s stock have gained approximately 47%.
Wells Fargo Maintains Overweight Rating For Pfizer: Here’s What You Need To Know
A broker serves as an intermediary between you and the stock market, facilitating the purchase and sales of securities like stocks and bonds. Enter your email address below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter. MarketBeat All Access http://dotbig.com/markets/stocks/PFE/ members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks. Pfizer’s stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.33%), Assenagon Asset Management S.A.
“Pfizer is taking the savvy approach of redeploying this short-term [COVID-19] windfall into longer-lived biotechnology assets ,” he said. The most recent change in the company’s dividend was an increase of $0.01 on Friday, December 10, 2021. https://dotbig.com/ Pfizer’s most recent quarterly dividend payment of $0.40 per share was made to shareholders on Tuesday, September 6, 2022. Pfizer’s next quarterly dividend payment of $0.40 per share will be made to shareholders on Monday, December 5, 2022.
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On June 12, 2022, the FDA released an analysis stating that the Pfizer-BioNTech COVID-19 vaccine is safe and effective for children under the age of 5. Most brokerages offer multiple account options, and you should choose the one dotbig best tailored to your financial goals. If you don’t have a brokerage account yet, look for ones that have no trading fees and low investment minimums. Although Pfizer’s future post-pandemic is less certain, Clulow is optimistic.