Company Update (NYSE:PFE): Pfizer Invites Public To View And Listen To Webcast Of August 2 Conference Call With Analysts

[Business Wire] – Pfizer Inc. invites investors and the general public to view and listen to a webcast of a conference call with investment analysts at 10 a.m. EDT on Tuesday, August 2, 2016. The purpose of the call is to provide an update on Pfizer’s results, as reflected in the company’s Second Quarter 2016 Performance Report, to be issued that morning. Read more on this. Pfizer Inc. (PFE) , with a current value of $210.09B, opened this morning at $34.51. Today’s price range has been between $34.51 and $34.78 per share and has traded between $28.25 and $36.46 over the past year. Priced at 14.14x this year’s forecasted earnings, PFE shares are relatively expensive compared to the industry’s 0.52x forward p/e ratio. And for income investors, the company pays shareholders $1.20 per share annually in dividends, yielding 3.51%. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $0.62 per share, which would be $0.06 better than the year-ago quarter and a $0.03 sequential increase. The full-year EPS estimate is $2.44 which would be a $0.24 improvement than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $12.94 Billion. If realized, that would be a 9.20% increase over the year-ago quarter. In terms of ratings, Berenberg Initiated PFE at Hold (May 12, 2016). Previously, Sun Trust Rbsn Humphrey upgraded PFE from Reduce to Neutral. The average price target for PFE shares by the analysts covering the stock is $38.62, which is 11.91% above where the stock opened this morning. See more in (NYSE:PFE) Similar Articles: Market Update: Pfizer Inc (NYSE:PFE) – Pfizer Invites Public to View and Listen to Webcast of May 3 Conference Call with Analysts Stock Update (NYSE:PFE): Pfizer Invites Public to View and Listen to Webcast of Pfizer Presentation at Healthcare Conference Market Update (NYSE:PFE): Pfizer Invites Public To View And Listen To Webcast Of February 2 Conference Call With Analysts