The company's problems are no longer deniable.
The pharmaceutical company's stock is relatively cheap, representing an opportunity for patient value investors.
Today's Final Trades from the Investment Committee.
Beyond analysts' top -and-bottom-line estimates for Pfizer (PFE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Pfizer's Q3 consensus estimate is likely to be exceeded as the successful integration of Seagen assets and the deleveraging efforts should lead to stronger EPS growth in the coming quarters. In Q2, we saw that management's approach is effective as they have successfully reduced operating costs relative to sales, resulting in higher margins. PFE has raised adjusted EPS guidance for 2024, now expecting adjusted EPS of $2.45-2.65, up from $2.15-2.35, moving the middle of the range up $0.30.
Starboard calls out PFE's board of directors to take action against the latter's management for not earning sustainable revenue returns on R&D and M&A.
The FDA approves Pfizer's RSV vaccine, Abrysvo, for adults aged 18-59 years with increased risk of the disease.
PFE's non-COVID drugs and contributions from new and newly acquired products are likely to have driven top-line growth in the third quarter.
Its cheap valuation, strong growth prospects, and massive dividend make it ripe for outsize investment returns.
The U.S. Food and Drug Administration on Tuesday approved Pfizer's RSV vaccine for the prevention of lower respiratory tract disease caused by RSV in adults aged 18 to 59 at increased risk of the disease.
PFE's non-COVID drugs and potential contributions from new and newly acquired products have started to drive growth.
Activist investor Starboard Value has sharpened its criticism of Pfizer Inc. PFE, holding the pharmaceutical giant's management accountable for failing to deliver on its promises of innovation and growth.