Pfizer Inc PFE

Morningstar Rating
$24.94 +0.19 (0.77%)
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Company Report

Pfizer's Diversified Portfolio Supports a Narrow Moat Despite an Upcoming Patent Cliff

Pfizer's foundation remains solid, based on steady cash flows generated from a basket of diverse drugs. The company's large size confers significant competitive advantages in developing new drugs. This heft, combined with a broad portfolio of patent-protected drugs, has helped Pfizer build an economic moat around its business. In addition, Pfizer's 2020 divestment of its off-patent division Upjohn to create a new company (Viatris) in combination with Mylan, as well as its consumer business spinoff (Haleon) in 2022, should help focus the remaining innovative business.

Price vs Fair Value

PFE is trading at a LOCK|cr##YJ? premium.
Price
$25.05
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Pfizer's portfolio contains several blockbusters, including differentiated cardiovascular drug Vyndaqel and oncology drug Padcev.

Bears

Aggressive cost-cutting in research and development could hurt Pfizer's long-term prospects, given the importance of continued investment in innovation.

News

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Trading Information

Previous Close Price
$24.75
Day Range
$24.6525.01
52-Week Range
$23.1128.75
Bid/Ask
$24.89 / $24.91
Shares Outstanding
5.70B
Market Cap
$142.14B
Volume/Avg
27M / 41M

Key Statistics

Price/Earnings (Normalized)
8.15
Price/Sales
2.25
Dividend Yield (Trailing)
6.90%
Dividend Yield (Forward)
6.90%
Total Yield
6.90%

Company Profile

Pfizer is one of the world's largest pharmaceutical firms, with annual sales of roughly $60 billion. While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13 and cardiology drugs Vyndaqel and Eliquis. Pfizer sells these products globally, with international sales representing 40% of total sales. Within international sales, emerging markets are a major contributor.
Sector
Healthcare
Industry
Drug Manufacturers - General
Stock Style Box
Large Value
Total Number of Employees
75,000

Competitors

Valuation

Metric
PFE
LLY
GSK
Price/Earnings (Normalized)
8.1540.0810.92
Price/Book Value
1.5833.774.34
Price/Sales
2.2514.662.37
Price/Cash Flow
8.3339.418.86
Price/Earnings
PFE
LLY
GSK

Financial Strength

Metric
PFE
LLY
GSK
Quick Ratio
0.850.720.51
Current Ratio
1.251.500.79
Interest Coverage
3.7311.71
Quick Ratio
PFE
LLY
GSK

Profitability

Metric
PFE
LLY
GSK
Return on Assets (Normalized)
8.40%24.73%11.47%
Return on Equity (Normalized)
19.47%114.33%44.00%
Return on Invested Capital (Normalized)
12.80%40.96%22.62%
Return on Assets
PFE
LLY
GSK

Drug Manufacturers - General Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Eli Lilly and Co
LLY
LOCK|$NSwV$sLOCK|L>$1T
Johnson & Johnson
JNJ
LOCK|>RN&%@ZLOCK|nS>$609B
AbbVie Inc
ABBV
LOCK|?yKrxcLOCK|^<$450B
Roche Holding AG ADR
RHHBY
LOCK|<LTNY^&LOCK|fg$330B
Merck & Co Inc
MRK
LOCK|XqJzq%LOCK|<&$315B
Novartis AG ADR
NVS
LOCK|V&kPH!TLOCK|MW$295B
AstraZeneca PLC
AZN
LOCK|@!R><>Z@LOCK|<h$263B
Novo Nordisk AS ADR
NVO
LOCK|!rD#nrLOCK|&Gx$223B
Amgen Inc
AMGN
LOCK|Y#N<!KMLOCK|?H$198B
Gilead Sciences Inc
GILD
LOCK|&P&GxxfLOCK|d&T$167B

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