Stock Update (NYSE:PFE): Pfizer Invites Public to View and Listen to Webcast of Pfizer Presentation at Healthcare Conference

[Business Wire] – Pfizer Inc. invites investors and the general public to view and listen to a webcast of a presentation by Mikael Dolsten, President, Worldwide Research and Development, at the Cowen and Company 36th Annual Healthcare Conference on Tuesday, March 8, 2016 at 10:40 a.m. Read more on this. Pfizer Inc. (PFE) , valued at $184.59B, started trading this morning at $29.79. Shares have traded today between $29.62 and $29.93 per share with the price of the stock fluctuating between $28.25 to $36.46 over the last 52 weeks. PFE shares are currently priced at 13.01x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -5.34x earnings multiple for the same period. The company pays shareholders $1.20 per share in dividend income per year, for a current yield of 3.97%. In a review of the consensus earnings estimate this quarter, 14 sell-side analysts are looking at $0.55 per share, which would be $0.04 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $2.28, which would be a $0.08 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.95 Billion. If reported, that would be a 10.04% increase over the year-ago quarter. More recently, Sun Trust Rbsn Humphrey upgraded PFE from Reduce to Neutral (Nov 25, 2015). Previously, Morgan Stanley upgraded PFE from Equal-Weight to Overweight. With the above information in mind, readers should note that the average price target is $39.00, which is 30.92% above where the stock opened this morning. See more in (NYSE:PFE) Similar Articles: Market Update: Pfizer Inc (NYSE:PFE) – Pfizer Receives Expanded FDA Approval For IBRANCE (palbociclib) In HR+, HER2- Metastatic Breast Cancer Market Update (NYSE:PFE): Pfizer Invites Public To View And Listen To Webcast Of February 2 Conference Call With Analysts Market Update (NYSE:PFE): Pfizer Invites Public To View And Listen To Webcast Of Pfizer Presentation At Healthcare Conference