An activist investor has correctly identified a dysfunctional area of the business.
Those who own Pfizer's stock may stay invested to see how Pfizer's new growth drivers perform.
Pfizer (PFE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Wall Street's bearish take on this proven innovator may not be warranted.
Slowly but surely, the company's prospects are looking more attractive.
The pipeline could yield a winner, but so could a few organizational changes.
PFE has beaten analyst estimate both top- and bottom line. The firm has also raised its full-year guidance. Investors have not taken the earnings news too positively, however, because significant portion of the growth has been driven by Covid-19 related products or non-recurring items. Based on a single stage dividend discount model and a set of traditional price multiples, PFE appears to be undervalued.
Baby Boomer investors who aren't happy with the falling rates on their savings and CDs may be enticed by the dividend stocks right about now.
Pfizer scored a double beat on revenue and adjusted EPS, bolstered by the surprising performance of its COVID franchise. Despite that, the lukewarm post-earnings response suggests Pfizer needs to flex its muscles on its ex-COVID growth optionalities. PFE has likely moved past its long-term lows in early 2024, underscoring the market's conviction that the worst is over.
After Pfizer (PFE) posted a third quarter earnings beat and raised its full-year guidance, CEO Albert Bourla joins Market Domination to discuss the "exceptional quarter." Bourla notes that Pfizer in addition to earnings and revenue, the company's COVID and non-COVID businesses also topped expectations.
Pfizer's dividends should keep flowing and growing.
Pfizer Inc (NYSE:PFE, ETR:PFE)'s reliance on a rebound in demand for Covid-19 products in expectation-beating third-quarter results likely hit sentiment, according to Bank of America analysts. Though the drug maker hiked guidance on better-than-estimated revenue on Tuesday, shares fell by 1.8% following the results.