why is pfizer stock so low reddit

While Pfizer stock grew 325 since the recent lows of March 23 the SP 500 gained 280. The stock continues to offer a dividend yield that is superior to its long-term average while trading with a very low price-earnings multiple.

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. Why Pfizer PFE Stock Is Lower Today. Its a yield company as in their revenue is no longer growing so you are looking at it from a yield perspective and in this environment that means dividend as earnings is fairly volatile. Pfizers quarterly dividend is nice.

I think the main reason for the drop was due to a failed phase 3 trial for a new breast cancer drug. So a few reasons why their pe is so low. Yes I think Pfizer NYSEPFE stock is a buy.

Its actually 11 from what I see on yahoo. Also they do seem quite confident about the phase 3 results in late Oct. But its low point was 2788 which is far better than many popular stocks.

As opposed to moderna a relatively new company in the biotechpharma world their stock rises because its their first product. That said PFE has plenty of drugs in their pipeline plenty of cash and at todays prices its a real bargain. If you want to skip our detailed analysis of these stocks go directly to the 5.

048 is low and is below the. They really had high hopes for breast cancer drug Ibrance and early breast cancer setting and had a couple of. Why Is Pfizer Stock So Low.

Despite Pfizers share price taking a hit lately its business is still in great shape with both an enticing dividend to attract income investors and a strong revenue record off of which to launch the brand to new record highs in the future. Consider that its forward price-earnings ratio is only 1125 times. Pfizer remains a highly profitable company and the valuation of its stock is low.

PFE has now retraced over half the drop in price from its 1216 all time high of 6175 to its recent low on 31 of 4575. Part of the reason behind Pfizers relatively low valuation is that several of its top products lose exclusivity beginning in 2025. Shares of Pfizer PFE are down on heavy volume after AstraZeneca AZN rejected the companys improved takeover offer.

Thats a lot better than where Pfizer stock was in March but 2020 so far is yet another dismal year. Lets talk about its stock so the biggest difference between the ones weve talked about Moderna BioNTech. Let me get cut to the chase.

And yes I realize that could be surprising considering that. The stock price of Pfizer reached an all-time high of 52 last week before a recent sell-off in Covid-19 vaccine stocks drove PFE down. The consistency of Pfizer stock is shown by its 52-week trading range.

In this article we discuss the 10 Reddit stocks that tripled in 2021. Why You Should Avoid Pfizer Stock Despite Its Covid-19 Vaccine PFE stock continues to get little love from Wall Street July 22 2021 By InvestorPlace Research Staff Mar 23 2021 932 am EST July. PFE 15-Year Financial Data The intrinsic value of PFE.

10 stocks we like better than Pfizer When investing geniuses David and Tom Gardner have a stock tip it can pay to listen. So while COVID vaccinations should be good for the market writ large it isnt likely to impact a stock like Pfizer much unless something goes horribly wrong. Pfes revenues and profits are not solely based on the.

A company like pfizer has been around for years so developing a vaccine wont raise their stock price more than what its already valued at. Another reason Pfizer has been down is that theyve had some clinical setbacks. Just play it long and reinvest in it.

In 2019 Pfizers shares fell 10 while the SP 500 index soared nearly 29. One reason to buy Pfizer stock is its lush dividend yield of 425 more than double that of the SP 500. Pfizers stock has outperformed the broader markets as well as some of its peers over the last few weeks.

It is cheap changing hands at a priceearnings ratio of just 144 at a time. Businesswise I think most sophisticated pharma investors understand that vaccines are a relatively low margin business. My sense is that it is a good company with an overvalued stock.

PFE has had so many ups and downs despite positive vaccine news. PFE topped the last year at 4308 per share.

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