This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Biggest Earnings Releases Next Week

NEW YORK ( TheStreet) -- Another week into this fall's earnings season and Wall Street is still moving at full speed. Here is what to watch. PFE Chart PFE data by YCharts

Pfizer (PFE - Get Report)

Background: Pfizer, a biopharmaceutical company, engages in the discovery, development, manufacture and sale of medicines for people and animals worldwide. Pfizer trades an average of 27 million shares per day with a marketcap of $191 billion.

52-Week Range: $18.15 to $26.09

Book Value: $10.65

Price to Book: 2.4

Pfizer is forecast to record lower third-quarter earnings before the market opens on Oct. 30.

The consensus estimate is currently 53 cents a share, a drop of 9 cents (14.5%) from 62 cents during the equivalent quarter last year. Analysts' estimates this quarter range from 49 cents, to a high of 57 cents per share. The estimates are not pretty, but at least they are fully priced in.

TheStreet's Henry Schwartz writes about Pfizer in HOV, NOK, PFE: A Few Updates .

Seventeen analysts rate Pfizer a buy or strong buy out of 21 analysts. The company has three holds and one total sell ratings. Shares have really appreciated, gaining 30% in the last year, and the average analyst target price for Pfizer is $27.94.

Pfizer is in a strong bull trend. The moving averages are trending higher, and shareholders are making capital gains. I have written about Pfizer in several articles at TheStreet. I like Pfizer for the outsized dividend. Trend followers will hold a long position until a technical break results in a signal to exit.

As mentioned, Pfizer currently pays 88 cents per share in dividends for a yield of 3.5%. The payout percentage is well under 50%, based on this year's estimated earnings of $2.21

Shares moved higher 3.5% in the last month, and I believe the price will remain strong, and shares should be bought on dips. While I don't believe the current health care policies are helping drug makers, Pfizer is positioned to continue paying their healthy dividend.

Short sellers are next to impossible to find. Short interest is so low I only include it to demonstrate the smart money is not betting against this company: 0.8% of the float is short based on the last reported numbers.

PFE Revenue Quarterly Chart PFE Revenue Quarterly data by YCharts
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ANR $0.28 2.52%
F $14.87 -0.80%
PFE $33.37 -0.95%
SIRI $3.73 -0.53%
AAPL $126.44 -0.13%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs