In yesterday’s Wall Street session, Pfizer Inc (NYSE:PFE) shares traded at $27.76, down -1.17% from the previous session.
PFE stock price is now -4.30% away from the 50-day moving average and -1.56% away from the 200-day moving average. The market capitalization of the company currently stands at $156.14B.
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On October 17, 2024, Bernstein recently initiated its ‘Mkt Perform’ rating on the stock quoting a target price of $32, while ‘Daiwa Securities’ rates the stock as ‘Outperform’
In other news, Gottlieb Scott, Director bought 1,000 shares of the company’s stock on Oct 30 ’24. The stock was bought for $28,240 at an average price of $28.24. Upon completion of the transaction, the Director now directly owns 10,000 shares in the company, valued at $0.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, SVP & Controller DAMICO JENNIFER B. sold 5,154 shares of the business’s stock. A total of $147,714 was realized by selling the stock at an average price of $28.66. This leaves the insider owning 8,582 shares of the company worth $0.24 million. A total of 0.03% of the company’s stock is owned by insiders.
During the past 12 months, Pfizer Inc has had a low of $25.20 and a high of $31.54. As of last week, the company has a debt-to-equity ratio of 0.79, a current ratio of 0.86, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $220340453376, which is based on a 37.39 price-to-earnings ratio, a 7.33 price-to-earnings-growth ratio, and a beta of 0.65. The fifty day moving average price for PFE is $29.0298 and a two-hundred day moving average price translates $28.2017 for the stock.
The latest earnings results from Pfizer Inc (NYSE: PFE) was released for 2024-09-30. The net profit margin was 7.10% and return on equity was -2.78% for PFE. The company reported revenue of $13.28 billion for the quarter, compared to $13.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.12 percent.
