Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes generic medicines and a portfolio of specialty medicines worldwide. It operates through two segments, Generic Medicines and Specialty Medicines. The Generic Medicines segment offers sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances in various dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments, and creams. This segment also develops, manufactures, and sells active pharmaceutical ingredients. The Specialty Medicines segment provides specialty medicines for use in central nervous system and respiratory indications. Its products in the central nervous system area comprise Copaxone for the treatment of relapsing forms of MS; and AUSTEDO for the treatment of tardive dyskinesia and chorea associated with Huntington disease. This segment's products in the respiratory market include ProAir, ProAir Respiclick, QVAR, Duoresp Spiromax, Qnasl, Braltus, Cinqair/Cinqaero, and Aerivio Spiromax for the treatment of asthma and chronic obstructive pulmonary disease, as well as Bendeka, Treanda, Granix, Trisenox, Lonquex, and Tevagrastim/Ratiograstim products in the oncology market. The company has collaboration arrangements with Otsuka Pharmaceutical Co. Ltd. and Regeneron Pharmaceuticals, Inc. Teva Pharmaceutical Industries Limited was founded in 1901 and is headquartered in Petach Tikva, Israel.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
SymbolNYSE:TEVA
CUSIPN/A
Phone972-3926-7267
Debt
Debt-to-Equity Ratio1.80
Current Ratio1.00
Quick Ratio0.65
Price-To-Earnings
Trailing P/E Ratio5.83
Forward P/E Ratio8.96
P/E Growth2.25
Sales & Book Value
Annual Sales$22.39 billion
Price / Sales1.04
Cash Flow$6.2141 per share
Price / Cash3.69
Book Value$14.86 per share
Price / Book1.54
Profitability
EPS (Most Recent Fiscal Year)$3.93
Net Income$-16,265,000,000.00
Net Margins-72.36%
Return on Equity18.59%
Return on Assets5.01%
Miscellaneous
Employees51,792
Outstanding Shares1,016,880,000
Market Cap$23,449.18
Teva Pharmaceutical Industries (NYSE:TEVA) Frequently Asked Questions
What is Teva Pharmaceutical Industries' stock symbol?
Teva Pharmaceutical Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEVA."
How often does Teva Pharmaceutical Industries pay dividends? What is the dividend yield for Teva Pharmaceutical Industries?
Teva Pharmaceutical Industries announced a quarterly dividend on Thursday, November 2nd. Stockholders of record on Tuesday, November 28th will be paid a dividend of $0.085 per share on Tuesday, December 12th. This represents a $0.34 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Monday, November 27th. View Teva Pharmaceutical Industries' Dividend History.
How were Teva Pharmaceutical Industries' earnings last quarter?
Teva Pharmaceutical Industries Ltd (NYSE:TEVA) released its quarterly earnings results on Thursday, May, 3rd. The company reported $0.91 EPS for the quarter, topping the Zacks' consensus estimate of $0.63 by $0.28. The business had revenue of $5.07 billion for the quarter, compared to analyst estimates of $4.80 billion. Teva Pharmaceutical Industries had a negative net margin of 72.36% and a positive return on equity of 18.59%. Teva Pharmaceutical Industries's quarterly revenue was down 10.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.06 earnings per share. View Teva Pharmaceutical Industries' Earnings History.
When is Teva Pharmaceutical Industries' next earnings date?
What guidance has Teva Pharmaceutical Industries issued on next quarter's earnings?
Teva Pharmaceutical Industries issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $2.40-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.42. The company issued revenue guidance of $18.5-19.0 billion, compared to the consensus revenue estimate of $18.62 billion.
What price target have analysts set for TEVA?
27 brokers have issued 1 year price objectives for Teva Pharmaceutical Industries' stock. Their predictions range from $11.00 to $41.00. On average, they anticipate Teva Pharmaceutical Industries' share price to reach $20.5577 in the next year. This suggests that the stock has a possible downside of 10.3%. View Analyst Ratings for Teva Pharmaceutical Industries.
What is the consensus analysts' recommendation for Teva Pharmaceutical Industries?
27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teva Pharmaceutical Industries in the last year. There are currently 6 sell ratings, 15 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about Teva Pharmaceutical Industries stock?
Here are some recent quotes from research analysts about Teva Pharmaceutical Industries stock:
- 1. According to Zacks Investment Research, "Teva is facing significant challenges in the form of accelerated generic competition for Copaxone, new competition for branded products, pricing erosion in the U.S. generics business, lower-than-expected contribution from new generic launches and a massive debt load. Nonetheless, Teva is progressing well on its strategic/restructuring initiatives to revive growth. After declining sharply in 2017, Teva’s shares have also picked up this year. Teva has a new organizational structure in place, is closing plants, cutting down its generics portfolio, divesting non-core assets, eliminating low-value R&D projects, and aims to cut its global workforce by more than 25% over the next two years. Teva expects to save almost $3 billion by the end of 2019 from these initiatives. Its financial position seems more stable than before as it is regularly paying down debt." (7/9/2018)
- 2. Maxim Group analysts commented, "Teva reported a better than expected quarter at $5.5B in revenues versus consensus at $5.3B, but we note revenues were down sequentially (3Q17: $5.6B). Generics came in at $3.1B and higher margin specialty at $1.8B. Copaxone in particular outperformed expectations, generating $821M, which is 34% greater than the $611M expected by the street. The beat on revenues followed through to non-GAAP EPS, which was $0.93, above expectations of $0.77." (2/8/2018)
- 3. Cantor Fitzgerald analysts commented, "This morning Teva announced more details of its new strategic plan under CEO Kare Schultz, including the layoff of 14,000 people. This is meaningfully above the Street’s estimate of 10,000 jobs." (12/14/2017)
Are investors shorting Teva Pharmaceutical Industries?
Teva Pharmaceutical Industries saw a increase in short interest in June. As of June 29th, there was short interest totalling 44,389,409 shares, an increase of 6.9% from the June 15th total of 47,703,504 shares. Based on an average trading volume of 9,320,217 shares, the days-to-cover ratio is currently 4.8 days. Approximately 4.4% of the shares of the company are sold short. View Teva Pharmaceutical Industries' Current Options Chain.
Who are some of Teva Pharmaceutical Industries' key competitors?
Some companies that are related to Teva Pharmaceutical Industries include AstraZeneca (AZN), Bristol-Myers Squibb (BMY), Bayer (BAYRY), Celgene (CELG), Allergan (AGN), Shire (SHPG), Vertex Pharmaceuticals (VRTX), Zoetis (ZTS), Regeneron Pharmaceuticals (REGN), Takeda Pharmaceutical (TKPYY), ASTELLAS PHARMA/ADR (ALPMY), Alexion Pharmaceuticals (ALXN), Shiseido (SSDOY), Mylan (MYL) and BioMarin Pharmaceutical (BMRN).
Who are Teva Pharmaceutical Industries' key executives?
Teva Pharmaceutical Industries' management team includes the folowing people:
- Mr. Kåre Schultz, Pres, Chief Exec. Officer & Director (Age 57)
- Mr. Michael McClellan, Exec. VP & CFO (Age 47)
- Mr. Mark Sabag, Exec. VP of Global HR (Age 47)
- Mr. Kevin C. Mannix, Head of Global Investor Relations & VP
- Mr. David M. Stark, Exec. VP & Chief Legal Officer (Age 49)
Has Teva Pharmaceutical Industries been receiving favorable news coverage?
Headlines about TEVA stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Teva Pharmaceutical Industries earned a news sentiment score of 0.08 on Accern's scale. They also assigned media coverage about the company an impact score of 45.93 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are Teva Pharmaceutical Industries' major shareholders?
Teva Pharmaceutical Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management (0.09%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%), Personal Resources Investment & Strategic Management Inc. (0.01%), Heritage Investors Management Corp (0.01%), DnB Asset Management AS (0.01%) and IFM Investors Pty Ltd (0.00%). Company insiders that own Teva Pharmaceutical Industries stock include Brendan P O'grady, Deborah A Griffin, Mark Sabag, Michael James Mcclellan, Richard Daniell, Roberto Mignone and Sven Dethlefs. View Institutional Ownership Trends for Teva Pharmaceutical Industries.
Which major investors are selling Teva Pharmaceutical Industries stock?
TEVA stock was sold by a variety of institutional investors in the last quarter, including World Asset Management Inc, Heritage Investors Management Corp and Personal Resources Investment & Strategic Management Inc.. Company insiders that have sold Teva Pharmaceutical Industries company stock in the last year include Brendan P O'grady, Deborah A Griffin, Mark Sabag, Michael James Mcclellan, Richard Daniell and Sven Dethlefs. View Insider Buying and Selling for Teva Pharmaceutical Industries.
Which major investors are buying Teva Pharmaceutical Industries stock?
TEVA stock was bought by a variety of institutional investors in the last quarter, including Fjarde AP Fonden Fourth Swedish National Pension Fund, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Cornerstone Wealth Management LLC, Fox Run Management L.L.C., Benjamin F. Edwards & Company Inc., Prospera Financial Services Inc, Bellecapital International Ltd. and Whittier Trust Co.. View Insider Buying and Selling for Teva Pharmaceutical Industries.
How do I buy shares of Teva Pharmaceutical Industries?
Shares of TEVA 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, Scottrade, Fidelity and Charles Schwab.
What is Teva Pharmaceutical Industries' stock price today?
One share of TEVA stock can currently be purchased for approximately $22.93.
How big of a company is Teva Pharmaceutical Industries?
Teva Pharmaceutical Industries has a market capitalization of $23.45 billion and generates $22.39 billion in revenue each year. The company earns $-16,265,000,000.00 in net income (profit) each year or $3.93 on an earnings per share basis. Teva Pharmaceutical Industries employs 51,792 workers across the globe.
How can I contact Teva Pharmaceutical Industries?
Teva Pharmaceutical Industries' mailing address is 5 BAZEL ST P O B 3190, PETACH TIKVA L3, 49131. The company can be reached via phone at 972-3926-7267 or via email at [email protected]
MarketBeat Community Rating for Teva Pharmaceutical Industries (NYSE TEVA)
MarketBeat's community ratings are surveys of what our community members think about Teva Pharmaceutical Industries and other stocks. Vote "Outperform" if you believe TEVA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TEVA will underperform the S&P 500 over the long term. You may vote once every thirty days.
