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AbbVie (ABBV)
NYSE:ABBV
AbbVie (ABBV) Stock Price & Analysis
20,131 Followers
ABBV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$125.85 - $181.20
Previous Close$161.59
Volume5.26M
Average Volume (3M)5.66M
Market Cap
$285.35B
Enterprise Value$341.32B
Total Cash (Recent Filing)$18.07B
Total Debt (Recent Filing)$74.00B
Price to Earnings (P/E)48.1
Beta0.35
Next Earnings
Jul 26, 2024EPS Estimate
$3.05Last Dividend Ex-Date
Apr 12, 2024Dividend Yield3.75%
Share Statistics
EPS (TTM)3.36
Shares Outstanding1,765,867,781
10 Day Avg. Volume4,849,119
30 Day Avg. Volume5,662,886
Standard Deviation0.07
R-Squared0.20
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-3.25
Price to Sales (P/S)23.18
Price to Cash Flow (P/CF)17.60
P/FCF Ratio16.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.27
Enterprise Value/Gross Profit10.07
Enterprise Value/Ebitda18.43
Forecast
1Y Price Target
$184.83Price Target Upside12.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
AbbVie News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst raises sales and EPS estimates for the coming years, signaling confidence in the company's financial growth trajectory.
Market PositionStrong commercial execution and the successful launch of key products such as Skyrizi in new indications like Ulcerative Colitis may lead to increased market adoption and revenue.
Product PipelinePromising pipeline updates, including potential treatments for Parkinson’s disease and schizophrenia, could spur future growth and lead to regulatory approvals.
Bears Say
CompetitionInvestors appear concerned about Humira sales due to potential biosimilar competition and calls for greater biosimilar adoption.
Drug SafetyDermatologists will continue to prefer Dupixent for AD given its clean safety profile, which contrasts with Rinvoq’s safety risks and black box warning.
Sales ForecastMacro conditions continue to pressure sales outside the United States, which could extend into the future.
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Ownership Overview
0.27% Insiders
21.71% Mutual Funds
35.37% Other Institutional Investors
42.65% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ABBV FAQ
What was AbbVie’s price range in the past 12 months?
AbbVie lowest stock price was $125.85 and its highest was $181.20 in the past 12 months.
What is AbbVie’s market cap?
Currently, no data Available
When is AbbVie’s upcoming earnings report date?
AbbVie’s upcoming earnings report date is Jul 26, 2024 which is in 71 days.
How were AbbVie’s earnings last quarter?
AbbVie released its earnings results on Apr 26, 2024. The company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $2.26 by $0.05.
Is AbbVie overvalued?
According to Wall Street analysts AbbVie’s price is currently Undervalued.
Does AbbVie pay dividends?
AbbVie pays a Quarterly dividend of $1.55 which represents an annual dividend yield of 3.75%. See more information on AbbVie dividends here
What is AbbVie’s EPS estimate?
AbbVie’s EPS estimate is $3.05.
How many shares outstanding does AbbVie have?
AbbVie has 1,765,867,800 shares outstanding.
What happened to AbbVie’s price movement after its last earnings report?
AbbVie reported an EPS of $2.31 in its last earnings report, beating expectations of $2.26. Following the earnings report the stock price went down -4.585%.
Which hedge fund is a major shareholder of AbbVie?
Among the largest hedge funds holding AbbVie’s share is Diamond Hill Capital Management Inc. It holds AbbVie’s shares valued at 208M.
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AbbVie Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$184.83 (12.85% Upside)
$184.83 (12.85% Upside)
Blogger Sentiment
Bullish
ABBV Sentiment 96%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 208.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $81.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.27%
12-Months-Change
Fundamentals
Return on Equity
55.92%
Trailing 12-Months
Asset Growth
10.65%
Trailing 12-Months
Company Description
AbbVie
AbbVie, Inc. is a biopharmaceutical company focused on key therapeutic areas like immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology. The company was founded on October 19, 2011 and is headquartered in North Chicago, IL.
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ABBV Earnings Call
Q1 2024
0:00 / 0:00
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ABBV Net revenue Breakdown
48.12% Immunology
14.21% Neuroscience
12.59% Other Key Products
10.89% Oncology
14.19% Other
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ABBV Stock 12 Month Forecast
Average Price Target
$184.83
▲(12.85% Upside)
Technical Analysis
Best Analysts Covering ABBV
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+16.57%
reiterated a buy rating 6 months ago
Copying Gary Nachman's trades and holding each position for 1 Year would result in 86.96% of your transactions generating a profit, with an average return of +16.57% per trade.
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