NYSE:ABBVAbbVie Stock Price, Forecast & News

$78.06

+2.33 (+3.08 %)

(As of 04/7/2020 09:58 AM ET)

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Today's Range

$77.31

Now: $78.06▼

$78.47

50-Day Range

$64.50

MA: $82.27▼

$94.96

52-Week Range

$62.55

Now: $78.06▼

$97.86

Volume896,207 shs

Average Volume16.68 million shs

Market Capitalization$115.27 billion

P/E Ratio14.78

Dividend Yield6.43%

Beta0.84

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products in the United States, Japan, Germany, Canada, Italy, Spain, the Netherlands, the United Kingdom, Brazil, and internationally. The company offers HUMIRA, a therapy administered as an injection for autoimmune and intestinal Behçet's diseases; IMBRUVICA to treat adult patients with chronic lymphocytic leukemia (CLL), small lymphocytic lymphoma (SLL), mantle cell lymphoma, waldenström's macroglobulinemia, marginal zone lymphoma, and chronic graft versus host disease; VENCLEXTA, a BCL-2 inhibitor used to treat adults with CLL or SLL; VIEKIRA PAK, an interferon-free therapy to treat adults with genotype 1 chronic hepatitis C virus (HCV); TECHNIVIE to treat adults with genotype 4 HCV infection; and MAVYRET to treat patients with chronic HCV genotype 1-6 infection. It also provides KALETRA, an anti-human immunodeficiency virus (HIV)-1 medicine used with other anti-HIV-1 medications to maintain viral suppression in HIV-1 patients; NORVIR, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and SYNAGIS to prevent respiratory syncytial virus infection at-risk infants. In addition, the company offers AndroGel, a testosterone replacement therapy for males; CREON, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron to treat prostate cancer, endometriosis, and central precocious puberty, as well as anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson's disease; Sevoflurane, an anesthesia product; and ORILISSA, a non-peptide small molecule gonadotropin-releasing hormone antagonist for women with moderate to severe endometriosis pain. It has collaborations with Alector, Inc.; Janssen Biotech, Inc.; Galapagos; Bristol-Myers Squibb Company; and Calico Life Sciences LLC. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
AbbVie has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 7 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $91.83, AbbVie has a potential upside of 21.3% from its current price of $75.73.
Amount of Analyst Coverage
AbbVie has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
AbbVie has received 1,154 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
AbbVie has received 825 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
AbbVie has received 58.31% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about AbbVie and other stocks. Vote “Outperform” if you believe ABBV will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABBV will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
AbbVie is a leading dividend payer. It pays a dividend yield of 6.43%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
AbbVie has been increasing its dividend for 47 years.
Dividend Coverage
The dividend payout ratio of AbbVie is 52.80 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, AbbVie will have a dividend payout ratio of 39.93 % next year. This indicates that AbbVie will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, AbbVie insiders have bought more of their company's stock than they have sold. Specifically, they have bought $671,852.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.09% of the stock of AbbVie is held by insiders.
Percentage Held by Institutions
72.20% of the stock of AbbVie is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for AbbVie are expected to grow by 12.36% in the coming year, from $10.52 to $11.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of AbbVie is 14.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of AbbVie is 14.34, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 20.52.
Price to Earnings Growth Ratio
AbbVie has a PEG Ratio of 1.55. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

3.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Pharmaceutical preparations

Sub-IndustryPharmaceuticals

SectorMedical

Current SymbolNYSE:ABBV

Previous Symbol

CUSIP00287Y10

CIK1551152

Webhttp://www.abbvie.com/

Phone847-932-7900

Debt

Debt-to-Equity RatioN/A

Current Ratio3.18

Quick Ratio3.06

Price-To-Earnings

Trailing P/E Ratio14.78

Forward P/E Ratio7.42

P/E Growth1.55

Sales & Book Value

Annual Sales$33.27 billion

Price / Sales3.47

Cash Flow$10.99 per share

Price / Cash Flow7.10

Book Value($5.53) per share

Price / Book-14.12

Profitability

EPS (Most Recent Fiscal Year)$8.94

Net Income$7.88 billion

Net Margins23.69%

Return on Equity-162.54%

Return on Assets20.31%

Miscellaneous

Employees30,000

Outstanding Shares1,476,670,000

Market Cap$115.27 billion

Next Earnings Date5/1/2020 (Confirmed)

OptionableOptionable

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AbbVie (NYSE:ABBV) Frequently Asked Questions

How has AbbVie's stock been impacted by COVID-19 (Coronavirus)?

AbbVie's stock was trading at $84.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ABBV shares have decreased by 10.7% and is now trading at $75.73. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of AbbVie?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AbbVie in the last year. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for AbbVie.

When is AbbVie's next earnings date?

AbbVie is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for AbbVie.

How can I listen to AbbVie's earnings call?

AbbVie will be holding an earnings conference call on Friday, May 1st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were AbbVie's earnings last quarter?

AbbVie Inc (NYSE:ABBV) released its earnings results on Friday, February, 7th. The company reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.19 by $0.02. The company had revenue of $8.70 billion for the quarter, compared to the consensus estimate of $8.68 billion. AbbVie had a negative return on equity of 162.54% and a net margin of 23.69%. AbbVie's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.90 EPS. View AbbVie's earnings history.

How often does AbbVie pay dividends? What is the dividend yield for AbbVie?

AbbVie declared a quarterly dividend on Thursday, February 20th. Stockholders of record on Wednesday, April 15th will be paid a dividend of $1.18 per share on Friday, May 15th. This represents a $4.72 annualized dividend and a dividend yield of 6.23%. The ex-dividend date of this dividend is Tuesday, April 14th. View AbbVie's dividend history.

How will AbbVie's stock buyback program work?

AbbVie declared that its Board of Directors has approved a stock buyback plan on Thursday, December 13th 2018, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

What guidance has AbbVie issued on next quarter's earnings?

AbbVie updated its FY20 earnings guidance on Friday, February, 7th. The company provided EPS guidance of $9.61-9.71 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $9.78.

What price target have analysts set for ABBV?

14 equities research analysts have issued 12-month price targets for AbbVie's stock. Their forecasts range from $78.00 to $105.00. On average, they anticipate AbbVie's share price to reach $91.83 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View analysts' price targets for AbbVie.

Has AbbVie been receiving favorable news coverage?

News headlines about ABBV stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. AbbVie earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutAbbVie.

Who are some of AbbVie's key competitors?

Some companies that are related to AbbVie include Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), Pfizer (PFE), Eli Lilly And Co (LLY), Bristol-Myers Squibb (BMY), Allergan (AGN), Zoetis (ZTS), Mylan (MYL), Perrigo (PRGO), Horizon Therapeutics (HZNP), Jazz Pharmaceuticals (JAZZ), Nektar Therapeutics (NKTR), Corcept Therapeutics (CORT), Pacira Biosciences (PCRX) and Zogenix (ZGNX).

What other stocks do shareholders of AbbVie own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AbbVie investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Rogers Communications (RCI), Open Text (OTEX), Valeant Pharmaceuticals Intl (VRX) and AT&T (T).

Who are AbbVie's key executives?

AbbVie's management team includes the following people:

Mr. Richard A. Gonzalez, Chairman & CEO (Age 65)
Dr. Michael E. Severino, Vice Chairman & Pres (Age 53)
Mr. Robert A. Michael, Sr. VP & CFO (Age 49)
Mr. William J. Chase, Exec. VP of Fin. & Admin. (Age 51)
Ms. Laura J. Schumacher, Vice Chairman of External Affairs, Chief Legal Officer & Corp. Sec. (Age 56)

What is AbbVie's stock symbol?

AbbVie trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABBV."

Who are AbbVie's major shareholders?

AbbVie's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.02%), Park National Corp OH (0.01%), Thomasville National Bank (0.01%), CLARET ASSET MANAGEMENT Corp (0.01%), Gradient Investments LLC (0.01%) and Neville Rodie & Shaw Inc. (0.01%). Company insiders that own AbbVie stock include Azita Saleki-Gerhardt, Brian L Durkin, Edward J Rapp, Glenn F Tilton, Henry O Gosebruch, Istar Inc, Jeffrey Ryan Stewart, Laura J Schumacher, Michael Severino, Nicholas Donoghoe, Richard A Gonzalez, Roxanne S Austin, Timothy J Richmond and William J Chase. View institutional ownership trends for AbbVie.

Which institutional investors are selling AbbVie stock?

ABBV stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, CLARET ASSET MANAGEMENT Corp, Cullinan Associates Inc., American National Bank, Pensionfund DSM Netherlands, Blackhawk Capital Partners LLC., First National Bank of Mount Dora Trust Investment Services, and Fulcrum Equity Management. View insider buying and selling activity for AbbVie.

Which institutional investors are buying AbbVie stock?

ABBV stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Neville Rodie & Shaw Inc., Red Spruce Capital LLC, IMS Capital Management, Woodstock Corp, Trinity Legacy Partners LLC, Fulton Bank N.A., and Bath Savings Trust Co. Company insiders that have bought AbbVie stock in the last two years include Brian L Durkin, Edward J Rapp, Glenn F Tilton, Henry O Gosebruch, Istar Inc, Jeffrey Ryan Stewart, Laura J Schumacher, Nicholas Donoghoe, Roxanne S Austin, and William J Chase. View insider buying and selling activity for AbbVie.

How do I buy shares of AbbVie?

Shares of ABBV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is AbbVie's stock price today?

One share of ABBV stock can currently be purchased for approximately $75.73.

How big of a company is AbbVie?

AbbVie has a market capitalization of $111.83 billion and generates $33.27 billion in revenue each year. The company earns $7.88 billion in net income (profit) each year or $8.94 on an earnings per share basis. AbbVie employs 30,000 workers across the globe. View additional information about AbbVie.

What is AbbVie's official website?

The official website for AbbVie is http://www.abbvie.com/.

How can I contact AbbVie?

AbbVie's mailing address is 1 NORTH WAUKEGAN ROAD, NORTH CHICAGO IL, 60064. The company can be reached via phone at 847-932-7900.

This page was last updated on 4/7/2020 by MarketBeat.com Staff

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Beat the Market (BTM) Rank™

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