Pfizer Inc. (NYSE: PFE) is -8.31% lower on its value in year-to-date trading and has touched a low of $26.42 and a high of $43.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PFE stock was last observed hovering at around $33.91 in the last trading session, with the day’s loss setting it -0.16% off its average median price target of $40.00 for the next 12 months. It is also 36.32% off the consensus price target high of $53.00 offered by 21 analysts, but current levels are 6.25% higher than the price target low of $36.00 for the same period.
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Currently trading at $33.75, the stock is -3.73% and -7.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 30.44 million and changing -0.47% at the moment leaves the stock -4.78% off its SMA200. PFE registered 4.96% gain for a year compared to 6-month gain of -8.31%. The firm has a 50-day simple moving average (SMA 50) of $35.79 and a 200-day simple moving average (SMA200) of $36.09.
The stock witnessed a -9.47% loss in the last 1 month and extending the period to 3 months gives it a -8.04%, and is -3.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.09% over the week and 1.50% over the month.
Pfizer Inc. (PFE) has around 88300 employees, a market worth around $188.30B and $47.64B in sales. Current P/E ratio is 20.27 and Fwd P/E is 11.03. Profit margin for the company is 29.70%. Distance from 52-week low is 27.74% and -21.66% from its 52-week high. The company has generated returns on investments over the last 12 months (14.70%).
Pfizer Inc. (PFE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Pfizer Inc. (PFE) is a “Overweight”. 21 analysts offering their recommendations for the stock have an average rating of 2.60, where 14 rate it as a Hold and 1 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Pfizer Inc. is expected to release its quarterly report on 05/04/2021 and quarterly earnings per share for the current quarter are estimated at $0.78 with sales reaching $13.45B over the same period.The EPS is expected to grow by 62.30% this year, but quarterly earnings will post 48.20% year-over-year. Quarterly sales are estimated to grow 11.80% in year-over-year returns.
Pfizer Inc. (PFE) Top Institutional Holders
3,161 institutions hold shares in Pfizer Inc. (PFE), with 2.56M shares held by insiders accounting for 0.05% while institutional investors hold 69.94% of the company’s shares. The shares outstanding are 5.56B, and float is at 5.55B with Short Float at 1.14%. Institutions hold 69.90% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 447.96 million shares valued at $16.49 billion. The investor’s holdings represent 8.06% of the PFE Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 396.97 million shares valued at $14.61 billion to account for 7.14% of the shares outstanding. The other top investors are State Street Corporation which holds 279.58 million shares representing 5.03% and valued at over $10.29 billion, while Capital World Investors holds 4.80% of the shares totaling 266.65 million with a market value of $9.82 billion.
Pfizer Inc. (PFE) Insider Activity
A total of 6 insider transactions have happened at Pfizer Inc. (PFE) in the last six months, with sales accounting for 5 and purchases happening 1 times. The most recent transaction is an insider sale by BOURLA ALBERT, the company’s Chairman & CEO. SEC filings show that BOURLA ALBERT sold 132,508 shares of the company’s common stock on Nov 09 at a price of $41.94 per share for a total of $5.56 million. Following the sale, the insider now owns 78273.0 shares.
Pfizer Inc. disclosed in a document filed with the SEC on Nov 09 that SUSMAN SALLY (Executive Vice President) sold a total of 43,662 shares of the company’s common stock. The trade occurred on Nov 09 and was made at $41.94 per share for $1.83 million. Following the transaction, the insider now directly holds 0.11 million shares of the PFE stock.
Still, SEC filings show that on Oct 27, PFIZER INC (10% Owner) acquired 1,200,000 shares at an average price of $10.00 for $12.0 million. The insider now directly holds 27,349,211 shares of Pfizer Inc. (PFE).
Pfizer Inc. (PFE): Who are the competitors?
The company’s main competitors (and peers) include Eli Lilly and Company (LLY) that is trading 51.04% up over the past 12 months. Johnson & Johnson (JNJ) is 12.40% up on the 1-year trading charts. Short interest in the company’s stock has fallen -3.42% from the last report on Dec 30, 2020 to stand at a total of 65.27 million short shares sold with a short interest ratio of 1.81.