Pfizer Inc PFE Stock Price, Quote & News
July 12, 2021 4:49 pm Leave your thoughtsSome of these companies are using artificial intelligence in unbelievable ways. The Oracle of Omaha has concentrated Berkshire’s investment portfolio in his best ideas. You can click the graphic below for the historical numbers, but it shows that as of September 2024 Pfizer had US$67.9b of debt, an increase on US$64.1b, over one year. However, because it has a cash reserve of US$9.95b, its net debt is less, at about US$58.0b. Shares in some of America’s largest drug manufacturers tumbled yesterday after President-elect Donald Trump announced Robert F. Kennedy Jr. as his pick for secretary of the Department of Health and Hu…
Pfizer (PFE) Stock Price
We can see from the most recent balance sheet that Pfizer had liabilities of US$43.2b falling due within a year, and liabilities of US$83.7b due beyond that. Offsetting these obligations, it had cash of US$9.95b as well as receivables valued at US$17.7b due within 12 months. So its liabilities outweigh the sum of its cash and (near-term) receivables by US$99.3b. Analysts warn that any major shifts in vaccine policy or regulatory frameworks could have far-reaching consequences for the pharmaceutical sector, with Pfizer among the most exposed.
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Pfizer’s EBIT growth rate was a real negative on this analysis, although the other factors we considered cast it in a significantly better light. But on the bright side, its ability to to convert EBIT to free cash flow isn’t too shabby at all. When we consider all the factors discussed, it seems to us that Pfizer is taking some risks with its use of debt. While that debt can boost returns, we think the company has enough leverage now.
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Pfizer Inc. is a research-based global biopharmaceutical company, which engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide. The firm works across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY.
On Oct. 29, 2021, the FDA extended the EUA for the vaccine to include children ages 5–11. Sign-up to receive the latest news and ratings for Pfizer and its competitors with MarketBeat’s FREE daily newsletter. World War I caused a shortage of materials for making citric acid and forced the company to seek alternatives. The one they latched on to was the fermentation of certain fungi known to produce citric acid naturally.
Pfizer scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 953 stocks in the medical sector. Scores are calculated by averaging available category binance trade volume and market listings scores, with extra weight given to analysis and valuation. Please bear with us as we address this and restore your personalized lists.
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said “belligerent actions” of China’s ruling Communist Party had increased risks to Texas’ investments in China, and told investors to get out. This is a mountain of leverage even relative to its gargantuan market capitalization of US$142.4b. This suggests shareholders would be heavily diluted if the company needed to shore up its balance sheet in a hurry. If you’re looking to bet against a company, the process is more complex.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Albert Bourla is the pharmaceutical giant’s current chief executive officer (CEO). Pfizer is classified as a member of the S&P 500 healthcare sector and operates within the biotechnology and pharmaceutical industry. Inc. (MRK), Switzerland-based Roche Holding AG (RHHBY), and Eli Lilly and Co. (LLY). Pfizer reported adjusted net income attributable to its common shareholders of $25.2 billion on $81.3 billion in annual revenue in its 2021 fiscal year (FY). The company traces its origins to the founding of Charles Pfizer & Co. in Brooklyn, N.Y., in 1849 by Charles Pfizer and Charles Erhart.
- The first step when considering a company’s debt levels is to consider its cash and debt together.
- Daiwa America upgraded shares of Pfizer from a “moderate buy” rating to a “strong-buy” rating in a research report on Wednesday, August 7th.
- This measure is often more insightful than income, as it reveals your financial stability and whether…
- But our final consideration is also important, because a company cannot pay debt with paper profits; it needs cold hard cash.
In the 2024 presidential election’s latest impact on the stock markets, shares of several vaccine makers were down Friday morning following the nomination of Robert F. Kennedy Jr. to head the Departme… As of 2022, the company had a robust pipeline of potential treatments, with more than 220 in some stage of clinical trials. Among its leading candidates is a vaccine for RSV, a life-threatening respiratory disease affecting children. 2021 highlights include 8 FDA approvals, four new regulatory submissions and 13 new trial startups. Pfizer is also a well-known dividend vz stock news and research articles payer and has returned more than $8.7 billion to shareholders since going public. It generated nearly $37 billion in 2021 and was followed by Prevnar, Ibrance and Eliquis with just over $5 billion in sales each.
However, if you only want to invest a fraction of that, brokerages will allow you to do so. The decision has heightened concerns pmi purchasing managers index over potential policy shifts in vaccine regulation and pharmaceutical oversight, areas central to Pfizer’s business. Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties.
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