Skip to Content

Pfizer Inc PFE

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Stewardship

PREMIUM

Pfizer Faces Modest Pressures in Q3, but COVID-19 Vaccine Is Poised to Report Key Data Shortly

Damien Conover, CFA Sector Director

Analyst Note

| Damien Conover, CFA |

Pfizer reported third-quarter results that were slightly below our expectations and largely in line with consensus S&P CapIQ estimates, and we don’t expect any major changes to our fair value estimate. We continue to view the company as undervalued, with the market not likely fully appreciating Pfizer's emerging immunology pipeline and strong entrenchment in vaccines, which also supports the firm’s wide moat.

Read Full Analysis

Company Profile

Business Description

Pfizer is one of the world's largest pharmaceutical firms, with annual sales over $50 billion. Pfizer also spends a leading amount on research and development, close to $8 billion annually. While Pfizer 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, neuroscience drug Lyrica, cancer drug Ibrance, cardiovascular treatment Eliquis, and immunology drug Xeljanz. Pfizer sells these products globally, with international sales representing close to 50% of its total sales. Within international sales, emerging markets are a major contributor, representing over a fifth of total firm sales.

Contact
235 East 42nd Street
New York, NY, 10017
T +1 212 733-2323
Sector Healthcare
Industry Drug Manufacturers - General
Most Recent Earnings Jun 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type High Yield
Employees 88,300

Related