The price of Pfizer Inc. (NYSE:PFE) shares last traded on Wall Street fell -0.79% to $27.72.
PFE stock price is now 0.10% away from the 50-day moving average and -13.67% away from the 200-day moving average. The market capitalization of the company currently stands at $156.53B.
With the price target of $36, Guggenheim recently initiated with Buy rating for Pfizer Inc. (NYSE: PFE). On January 04, 2024, TD Cowen Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $32, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Gottlieb Scott, Director bought 3,000 shares of the company’s stock on Dec 15 ’23. The stock was bought for $79,401 at an average price of $26.47. Upon completion of the transaction, the Director now directly owns 9,000 shares in the company, valued at $0.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 08 ’23, Director Gottlieb Scott bought 1,000 shares of the business’s stock. A total of $38,580 was incurred on buying the stock at an average price of $38.58. This leaves the insider owning 6,000 shares of the company worth $0.17 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 $25.61 and a high of $42.22. As of last week, the company has a debt-to-equity ratio of 0.84, a current ratio of 0.91, and a quick ratio of 0.69. The fifty day moving average price for PFE is $27.66 and a two-hundred day moving average price translates $32.06 for the stock.
The latest earnings results from Pfizer Inc. (NYSE: PFE) was released for Dec, 2023. According to the Drug Manufacturers – General Company, earnings per share came in at $0.09, beating analysts’ expectations of -$0.2 by 0.29. This compares to $0.86 EPS in the same period last year. The net profit margin was 3.65% and return on equity was 2.31% for PFE. The company reported revenue of $14.25 billion for the quarter, compared to $24.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -41.34 percent. For the current quarter, analysts expect PFE to generate $13.21B in revenue.
