There’s Still Time to Buy Pfizer Inc (NYSE:PFE) Stock

The price of Pfizer Inc (NYSE:PFE) shares last traded on Wall Street fell -1.49% to $25.82.

PFE stock price is now -7.21% away from the 50-day moving average and -8.00% away from the 200-day moving average. The market capitalization of the company currently stands at $148.47B.

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With the price target of $25, Wolfe Research recently initiated with Underperform rating for Pfizer Inc (NYSE: PFE). , while ‘Bernstein’ rates the stock as ‘Mkt Perform’

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 $0.26 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 $0.22 million. A total of 0.04% of the company’s stock is owned by insiders.

During the past 12 months, Pfizer Inc has had a low of $24.48 and a high of $31.54. As of last week, the company has a debt-to-equity ratio of 0.73, a current ratio of 1.00, and a quick ratio of 0.73. According to the stock market information, the enterprise value for the company is $204585680896, which is based on a 34.71 price-to-earnings ratio, a 6.81 price-to-earnings-growth ratio, and a beta of 0.62. The fifty day moving average price for PFE is $27.8996 and a two-hundred day moving average price translates $28.07335 for the stock.

The latest earnings results from Pfizer Inc (NYSE: PFE) was released for 2024-09-29. The net profit margin was 7.11% and return on equity was 4.52% for PFE. The company reported revenue of $17.7 billion for the quarter, compared to $13.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.21 percent.

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