Pfizer Inc. [NYSE: PFE] price plunged by -1.30 percent to reach at -$0.55.
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A sum of 16799315 shares traded at recent session while its average daily volume was at 22.23M shares. Pfizer Inc. shares reached a high of $42.05 and dropped to a low of $41.505 until finishing in the latest session at $41.75.
The one-year PFE stock forecast points to a potential upside of 20.51. The average equity rating for PFE stock is currently 2.40, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Pfizer Inc. [PFE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PFE shares is $52.52 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PFE stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Daiwa Securities have made an estimate for Pfizer Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 07, 2023. While these analysts kept the previous recommendation, UBS dropped their target price from $55 to $47. The new note on the price target was released on January 26, 2023, representing the official price target for Pfizer Inc. stock. Previously, the target price had yet another drop from $54 to $50, while Wells Fargo kept a Equal Weight rating on PFE stock.
The Average True Range (ATR) for Pfizer Inc. is set at 0.77, with the Price to Sales ratio for PFE stock in the period of the last 12 months amounting to 2.37. The Price to Book ratio for the last quarter was 2.45, with the Price to Cash per share for the same quarter was set at 4.00. Price to Free Cash Flow for PFE in the course of the last twelve months was 13.93 with Quick ratio for the last quarter at 1.00.
PFE Stock Performance Analysis:
Pfizer Inc. [PFE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.79. With this latest performance, PFE shares dropped by -7.37% in over the last four-week period, additionally sinking by -11.98% over the last 6 months – not to mention a drop of -10.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PFE stock in for the last two-week period is set at 26.72, with the RSI for the last a single of trading hit 22.49, and the three-weeks RSI is set at 30.52 for Pfizer Inc. [PFE]. The present Moving Average for the last 50 days of trading for this stock 46.90, while it was recorded at 42.47 for the last single week of trading, and 48.20 for the last 200 days.
Insight into Pfizer Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Pfizer Inc. [PFE] shares currently have an operating margin of +37.43 and a Gross Margin at +61.89. Pfizer Inc.’s Net Margin is presently recorded at +31.26.
Return on Equity for this stock inclined to 36.29, with Return on Assets sitting at 16.57.
Pfizer Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.20.
PFE Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PFE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pfizer Inc. go to -5.45%.
Pfizer Inc. [PFE] Insider Position Details
There are presently around $164,248 million, or 70.50% of PFE stock, in the hands of institutional investors. The top three institutional holders of PFE stocks are: VANGUARD GROUP INC with ownership of 501,636,220, which is approximately 1.631% of the company’s market cap and around 0.05% of the total institutional ownership; BLACKROCK INC., holding 442,868,761 shares of the stock with an approximate value of $18.49 billion in PFE stocks shares; and STATE STREET CORP, currently with $11.86 billion in PFE stock with ownership of nearly -1.203% of the company’s market capitalization.
Positions in Pfizer Inc. stocks held by institutional investors increased at the end of Tuesday and at the time of the Tuesday reporting period, where 1,591 institutional holders increased their position in Pfizer Inc. [NYSE:PFE] by around 160,055,481 shares. Additionally, 1,478 investors decreased positions by around 115,588,309 shares, while 334 investors held positions by with 3,658,450,232 shares. The mentioned changes placed institutional holdings at 3,934,094,022 shares, according to the latest SEC report filing. PFE stock had 308 new institutional investments in for a total of 16,414,039 shares, while 117 institutional investors sold positions of 8,057,336 shares during the same period.