Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Pfizer's fundamentals are improving, with solid Q3 earnings, upgraded 2024 guidance, and a strategic pivot towards the fast-growing oncology market. The stock is undervalued with a 32% upside potential based on a $33.39 intrinsic value per share, using the dividend discount model. Despite recent share price weakness, Pfizer offers a compelling forward dividend yield, supported by strong revenue growth and aggressive R&D spending.
Investors with a long-term horizon may consider buying PFE stock at its present attractive valuation.
Things aren't getting much better for Pfizer (PFE -1.29%). The company is still suffering from the significant drop in sales of its coronavirus products and the less-than-impressive financial results it has produced during the past two years.
Pfizer stock (NYSE: PFE) is down 7% in a month, amid rising concerns over the future of vaccines under Robert F. Kennedy Jr. in the new government, given the perception of him being a prominent anti-vaccine activist.
Goldman Sachs hosted a meeting with Pfizer Inc's PFE newly appointed Chief Scientific Officer Chris Boshoff (effective January 1, 2025).
Despite Pfizer's (PFE 0.23%) recent struggles with falling earnings and a bid by an activist investor to unseat its leadership, the pharma juggernaut is still actively advancing its core priorities and giving investors plenty of reasons to consider buying its stock while it's cheap.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Leading vaccine makers like Eli Lilly and Co. NYSE: LLY, Pfizer Inc. NYSE: PFE, and AstraZeneca plc NASDAQ: AZN may have faded from the spotlight since the peak of the COVID-19 pandemic, but now there is reason to expect renewed interest. As investors look ahead to the second Trump administration, the incoming president's nomination of outspoken vaccine critic Robert F.
One stock that just can't seem to catch a break of late is Pfizer (PFE 0.23%). Even though it posted some decent earnings numbers, investors can't shake the fear that the business is facing daunting headwinds that could send its $145 billion valuation lower in the months and years ahead.
A list of high-quality dividend-growth stocks trading near 52-week lows is evaluated based on historical and future fair values. Pfizer's financial health is concerning, with unsustainable dividend payout ratios and negative debt-to-equity ratios, but future projections suggest a potential recovery. Despite political risks and activist investor concerns, PFE's high initial dividend yield, solid ratings, and promising pipeline make it a potentially undervalued investment.
Nobody can predict the future, but it's not hard to imagine increasing pharmaceutical sales. In 2022, prescription drug spending in the U.S. climbed more than 8% to reach $406 billion.