Pfizer(PFE)

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Pfizer (PFE) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-21 22:51
In the latest market close, Pfizer (PFE) reached $28.93, with a -0.99% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.18%. Elsewhere, the Dow lost 0.8%, while the tech-heavy Nasdaq added 0.27%. Shares of the drugmaker witnessed a loss of 0.68% over the previous month, beating the performance of the Medical sector with its loss of 3.03% and underperforming the S&P 500's gain of 4.46%. Analysts and investors alike will be keeping a close eye on the perfor ...
1 Ultra-High-Yield Healthcare Stock to Buy Hand Over Fist and 1 to Avoid
The Motley Fool· 2024-10-21 09:49
Income investors have both good and not-so-good options in the healthcare sector.The healthcare sector isn't the first place income investors turn to find high dividend yields. Of the 11 S&P 500 sectors ranked based on average dividend yield, healthcare comes in eighth. Plenty of healthcare stocks, though, pay juicy dividends. Some are good picks, but others aren't. Here's one ultra-high-yield healthcare stock to buy hand over fist -- and one to avoid.Buy PfizerSome investors might think Pfizer (PFE -0.17%) ...
Pfizer: Activists Clouding A Promising Picture
Seeking Alpha· 2024-10-21 00:00
If you'd like to learn more about how to best position yourself in under valued stocks mispriced by the market to start Q4, consider joining Out Fox The Street .As 2024 comes to an end, Pfizer Inc. (NYSE: PFE ) (NEOE: PFE:CA ) was poised to return to growth. Oddly, activists are now swarming the biopharma for changes the company already appears to be implementing, clouding the story. MyMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover pot ...
Why I'm Considering Leaning Heavily Into Pfizer
The Motley Fool· 2024-10-16 10:00
Pfizer's high dividend yield and robust pipeline could offer significant returns for patient investors.High-yield dividend stocks have long been a cornerstone of wealth-building strategies for savvy investors. Typically offering yields above 3%, these companies have consistently outperformed the S&P 500 over extended time frames when dividends are diligently reinvested. This outperformance stems from the powerful combination of accelerated compounding and the tendency for high-yield stocks to be temporarily ...
Pfizer Is Clashing With Its New Activist Investor. Will It Harm The Stock?
The Motley Fool· 2024-10-15 10:00
This investor's campaign is stoking some undesirable corporate intrigue.What a twist! An activist investment fund, Starboard Value, has recently been pushing Pfizer (PFE -0.27%) to increase shareholder value. Though they initially supported its campaign, Pfizer's former chief executive officer and chief financial officer both made a late-night about-face on Oct. 9, publicly pledging instead to support the current CEO, Albert Bourla. Now, Starboard's $1 billion stake in the limping pharma juggernaut may mean ...
Pfizer Secures FDA Approval for Hemophilia Drug Hympavzi
ZACKS· 2024-10-14 14:10
Pfizer (PFE) announced that the FDA has approved its subcutaneously administered drug marstacimab for treating certain hemophilia patients. The drug will be marketed under the trade name Hympavzi.With this nod, the once-weekly Hympavzi is approved for routine prophylaxis (RP) to prevent or reduce the frequency of bleeding episodes in patients aged 12 years and older with hemophilia A or B, without inhibitors to Factor VIII (FVIII) or Factor IX (FIX).The FDA’s approval is based on data from the phase III BAS ...
Which Pharma Stock Is the Better Bargain Buy: Pfizer or Eli Lilly?
The Motley Fool· 2024-10-14 14:00
Pfizer Analysis - Pfizer's trailing-12-month operating income is $1.3 billion, down 94% from three years ago due to declining revenue from its coronavirus vaccine and antiviral treatments, as well as underwhelming sales of new product launches like the RSV vaccine [2] - Pfizer's EV/R ratio is 4.1 and P/B multiple is 1.9, indicating a pessimistic market view of the company's future value [3] - Wall Street analysts estimate Pfizer's EPS will grow 9.6% annually in the long term, but expect weak growth in the near term [3] - An activist investor group, Starboard Value, took a $1 billion stake in Pfizer, and management is pursuing cost cuts to reduce annual expenses by $4 billion by the end of 2024 [4] - Pfizer's long-term strategy focuses on R&D and business development, particularly in cancer drugs, with recent acquisitions like Seagen aimed at bolstering growth by 2030 [4] - Pfizer's shares are considered undervalued, with potential for a turnaround in profitability through cost cuts and pipeline successes [8] Eli Lilly Analysis - Eli Lilly's trailing-12-month normalized diluted EPS grew 60% over the last three years, reaching $12.13, driven by strong growth in its type 2 diabetes and obesity therapies, Mounjaro and Zepbound [5] - Zepbound generated over $1.2 billion in sales in Q2 alone, with demand outpacing manufacturing capacity, leading to significant investments in production [5] - Eli Lilly's pipeline includes numerous mid- and late-stage candidates, with a focus on cardiometabolic drugs and other segments [6] - Eli Lilly's EV/R ratio is 21.8, P/B multiple is 60.7, and P/E multiple is 112.7, significantly higher than the pharma industry average of 28.5 [7] - Wall Street analysts project Eli Lilly's EPS will grow 42% annually in the long term, justifying its high valuation [7] Comparison and Conclusion - Pfizer is currently the better bargain compared to Eli Lilly, though it carries higher risk due to its current underperformance [8] - Pfizer's undervaluation presents an opportunity for investors if the company successfully executes its turnaround strategy [8]
An Activist Investor Just Bought $1 Billion Worth of Pfizer. Here's What It Means for the Stock
The Motley Fool· 2024-10-11 12:45
There may be changes coming to this company, if the activists get their way.On Oct. 6, The Wall Street Journal reported that activist investor group Starboard Value owns a stake in Pfizer (PFE -2.82%) that's worth approximately $1 billion. Now, Starboard will aim to work with the company's management as well as consult with former executives -- all with the aim of turning around Pfizer's sagging fortunes.But can bringing in a new group of advisors do much to bolster Pfizer's competitiveness? Was there actua ...
Why Pfizer Stock Tumbled by Nearly 3% on Thursday
The Motley Fool· 2024-10-10 21:51
The company's latest institutional shareholder has made some troubling allegations against it.There was some intriguing news from a Pfizer (PFE -2.82%) shareholder on Thursday that was not taken well by the market. Confirming media reports, an activist investor has taken a small stake in the healthcare giant, and announced itself with a letter to the company's board. Investors reacted by trading Pfizer stock down by almost 3%; this was a notably steeper fall than the S&P 500 index's 0.2% dip.Starboard confi ...
Ex-Pfizer Execs Backed Its Leadership. An Activist Investor Says They Were 'Threatened'
Investopedia· 2024-10-10 17:40
Key TakeawaysTwo former Pfizer executives published a statement saying they support management as it gets pressured for changes by activist investor Starboard Value.The ex-Pfizer executives, Ian Read and Frank D'Amelio, said they didn't want to get involved with Starboard's efforts to seek change.Starboard on Thursday accused people inside Pfizer of threatening Read and D'Amelio if they backed Starboard's efforts. Pfizer (PFE) shares lost ground Thursday after two former executives released a statement supp ...