Posted 1/16/2024, 10:45:21 PM
Pfizer Stock Underperforms as Earnings Decline Expected
- Pfizer (PFE) stock fell 1.32% on latest trading day, underperforming broader market
- Upcoming Pfizer earnings report on January 30 expected to show declining earnings and revenue
- Recent analyst estimate changes indicate favorable outlook and correlate with stock price movements
- Pfizer currently has unfavorable Zacks Rank of #5 (Strong Sell)
- Pfizer stock trading at discount to industry averages based on forward P/E ratio and PEG ratio