Pfizer Company Profile (NYSE:PFE)

Pfizer trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFE."

Pfizer declared a quarterly dividend on Thursday, June 22nd. Investors of record on Friday, August 4th will be given a dividend of $0.32 per share on Friday, September 1st. This represents a $1.28 annualized dividend and a yield of 3.92%. The ex-dividend date is Wednesday, August 2nd. View Pfizer's Dividend History.

Pfizer, Inc. (NYSE:PFE) announced its quarterly earnings data on Tuesday, August, 1st. The company reported $0.67 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.02. The business earned $12.90 billion during the quarter, compared to the consensus estimate of $13.08 billion. Pfizer had a net margin of 15.84% and a return on equity of 24.51%. Pfizer's quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the company earned $0.64 EPS. View Pfizer's Earnings History.

Pfizer is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Pfizer.

Pfizer updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $2.54-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.55. The company issued revenue guidance of $52-54 billion, compared to the consensus revenue estimate of $52.78 billion.

18 brokers have issued 12-month target prices for Pfizer's shares. Their predictions range from $31.00 to $53.00. On average, they expect Pfizer's stock price to reach $37.94 in the next year. View Analyst Ratings for Pfizer.

Here are some recent quotes from research analysts about Pfizer stock:

• 1. According to Zacks Investment Research, "Pfizer has been working on strengthening its product portfolio as well as key pipeline milestones through acquisitions and licensing deals. New products like Ibrance and contribution from acquisitions are expected to drive revenues. Also, cost-savings and share buybacks should help Pfizer achieve its earnings guidance. Investor focus will remain on the stock as Pfizer has several key pipeline milestones in 2017. However, genericization of key drugs, lost alliance revenues, pricing pressure and rising competition remain potent headwinds. Mounting competition in the immuno-oncology market is also a significant concern. Meanwhile, Pfizer’s shares have underperformed the large-cap pharma industry this year so far. The company has a mixed record of earnings surprises in recent quarters. Estimates have remained stable ahead of its Q2 earnings release. " (7/14/2017)
• 2. BMO Capital Markets analysts commented, "We are highly confident the deal will close as the purchase agreement removes IP risk and development risks, and creates significant shareholder value. We believe there is minimal risk for the deal being blocked due to anti-trust considerations CTP-543 Phase IIa initiated with top-line results expected 1Q18. The phase IIa trial will enroll approximately 100 patients spread across 4 active arms of differing doses (4, 8, 12 and 16 mg BID) and a placebo comparator. The primary endpoint for the trial will be measured using the severity of alopecia tool (SALT) after patients undergo 24 weeks of dosing. An additional 28 weeks of dosing of CTP-543 is planned for all patients enrolled in the study. If successfully developed, we anticipate a significant pricing discount for CTP-543 relative to Jakafi – owned by Incyte (INCY, Non-Rated). The earlier delay to initiate the trial due to clinical supply delays, which lasted around 2 months, has been resolved." (4/27/2017)
• 3. UBS AG analysts commented, " The FDA approved Novartis' CDK4/6 agent, Kisqali (ribociclib), in first-line treatment for HR+/HER2- metastatic breast cancer in combo with any aromatase inhibitor. Recall that MONALEESA-2 was stopped early, and while interim data demonstrated a reduction in risk of disease progression or death by 44% over letrozole alone, the mPFS had not been reached at the time. For the first time, the label presented a mPFS of 25.3 mos for Kisqali + letrozole vs 16 mos for letrozole alone. The 9.3 mos improvement over letrozole is essentially comparable to 10.3 mos improvement (24.8 mos for Ibrance vs 14.5 mos for letrozole) for Pfizer's Ibrance. Given the strong interim data that were comparable to Ibrance, we believe the approval of Kisqali was largely expected. Our takeaway: Label looks a little worse than Ibrance. Overall, we think the label looks slightly worse, particularly on safety. On the positive, the label is broader, as the indication is for use of Kisqali in combo with anyaromatase inhibitors (vs Ibrance in combo with letrozole). However, as the vast majority of first-line use letrozole, the broader label shouldn't meaningfully impact Ibrance, in our view. We're not clear on how Kisqali got the broader label, but we think this could be encouraging for Ibrance, as the Ibrance label could also become as broad with the potential April approval of the confirmatory Phase 3 PALOMA-2 (Ibrance was approved under an accelerated pathway with Phase 2 PALOMA-1 data). On safety, the Kisqali label warns of QT prolongation and liver tox, which are not in the Ibrance label. We think the QT issue could put Kisqali at a disadvantage. Thoughts on the stock: Shouldn't impact the stock much, if anyIbrance has been on the market for ~2 years and has made significant headway to becoming a standard of therapy, and we do not believe there was anything in the Kisqali label that would meaningfully impact the significant lead that Pfizer has. In our CDK4/6 model, we assign a 5% share for Kisqali in 2017 that goes to 15%, 18%, and 20% in 2018-2020E." (3/14/2017)
• 4. Jefferies Group LLC analysts commented, "We wanted to highlight a key data catalyst in which a positive outcome can drive shares higher: PIIa data for XEN801 for mod-to-severe acne in the latter part of Q1 (JEF est: ~Mar). We continue to like the risk/reward going into the data, especially on the heels of Dermira’s positive PIIb data for DRM01, which operates on the same pathway but more upstream. Reiterating Buy and $13 PT. Highlighting Key PIIa Data Catalyst in Latter Part of Q1: We wanted to take the opportunity to highlight a key data catalyst in which a positive outcome can drive shares higher: topline PIIa data catalyst for XEN801 for moderate-to-severe acne in the latter part of Q1 (JEF estimate: ~Mar). We previously conducted a review on XEN801 in April ’16, which can be found here, and now that the data catalyst is drawing near, we wanted to take the chance to highlight it again. To recap, the PIIa trial is a randomized, double- blind, multicentre, vehicle-controlled trial evaluating the efficacy and safety of patients with moderate-to-severe acne. The trial will compare XEN801 topical gel (1%) and matching placebo gel for 12 weeks with a 4-week follow-up. XENE has randomized 165 patients (v. 150 that was planned at conception), and has 85% power (v. 80% previously) to detect a ~16% difference." (1/19/2017)

Pfizer saw a increase in short interest in July. As of July 31st, there was short interest totalling 43,170,743 shares, an increase of 4.7% from the July 14th total of 41,246,361 shares. Based on an average trading volume of 16,758,194 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.7% of the company's shares are short sold.

Some companies that are related to Pfizer include Johnson & Johnson (JNJ), Novartis AG (NVS), Merck & Company (MRK), Sanofi (SNY), Novo Nordisk A/S (NVO), GlaxoSmithKline PLC (GSK), Bristol-Myers Squibb Company (BMY), Abbott Laboratories (ABT), Eli Lilly and Company (LLY), Astrazeneca PLC (AZN), GlaxoSmithKline plc (GSK), AstraZeneca plc (AZN), Shire PLC (SHP), Teva Pharmaceutical Industries Limited (TEVA), Dr. Reddy's Laboratories Ltd (RDY), Patheon NV (PTHN), Valeant Pharmaceuticals International (VRX) and Catalent (CTLT).

Pfizer's management team includes the folowing people:

• Ian C. Read, Chairman of the Board, Chief Executive Officer
• Frank A. D'Amelio, Chief Financial Officer, Executive Vice President - Business Operations
• Albert Bourla, Group President - Pfizer Innovative Health
• Mikael Dolsten M.D., Ph.D., President - Worldwide Research and Development
• John D. Young, Group President - Pfizer Essential Health
• Rady A. Johnson II, Executive Vice President, Chief Compliance and Risk Officer
• Douglas M. Lankler, Executive Vice President, General Counsel
• Charles H. Hill III, Executive Vice President - Worldwide Human Resources
• Freda C. Lewis-Hall M.D., Executive Vice President, Chief Medical Officer
• Kirsten Lund-Jurgensen, Executive Vice President, President - Pfizer Global Supply

Pfizer's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (26.39%), Vanguard Group Inc. (25.03%), State Street Corp (5.30%), Northern Trust Corp (4.65%), Bank of New York Mellon Corp (3.85%) and State Farm Mutual Automobile Insurance Co. (3.57%). Company insiders that own Pfizer stock include Albert Bourla, Alexander R Mackenzie, Anthony J Maddaluna, Charles H Hill, Douglas M Lankler, Frank A Damelio, Ian C Read, John D Young, Laurie J Olson, Loretta V Cangialosi, Mikael Dolsten, Pfizer Inc, Rady A Johnson and Sally Susman. View Institutional Ownership Trends for Pfizer.

Pfizer's stock was sold by a variety of institutional investors in the last quarter, including Cibc World Markets Corp, Lazard Asset Management LLC, Maverick Capital Ltd., Bank of New York Mellon Corp, BlackRock Inc., FIL Ltd, Schroder Investment Management Group and State Street Corp. Company insiders that have sold Pfizer stock in the last year include Albert Bourla, Alexander R Mackenzie, Anthony J Maddaluna, Charles H Hill, Ian C Read, Mikael Dolsten and Rady A Johnson. View Insider Buying and Selling for Pfizer.

Pfizer's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Vanguard Group Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Parametric Portfolio Associates LLC, Principal Financial Group Inc., Marshall Wace North America L.P. and Sentry Investments Corp.. View Insider Buying and Selling for Pfizer.

Shares of Pfizer can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Pfizer stock can currently be purchased for approximately $32.67.