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AbbVie (ABBV)
NYSE:ABBV
Holding ABBV?
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ABBV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$151.29 - $207.32
Previous Close$171.52
Volume18.95M
Average Volume (3M)6.03M
Market Cap
$303.10B
Enterprise Value$366.93B
Total Cash (Recent Filing)$7.29B
Total Debt (Recent Filing)$71.08B
Price to Earnings (P/E)59.8
Beta0.24
Next Earnings
Jan 29, 2025EPS Estimate
$2.98Next Dividend Ex-Date
Jan 15, 2025Dividend Yield3.58%
Share Statistics
EPS (TTM)2.87
Shares Outstanding1,767,140,323
10 Day Avg. Volume6,062,021
30 Day Avg. Volume6,032,781
Standard Deviation0.07
R-Squared0.18
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)50.30
Price to Sales (P/S)5.51
Price to Cash Flow (P/CF)14.00
P/FCF Ratio13.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.61
Enterprise Value/Gross Profit10.82
Enterprise Value/Ebitda20.16
Forecast
1Y Price Target
$202.75Price Target Upside15.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
AbbVie News
Bulls Say, Bears Say
Bulls Say
Leadership And PipelineThe company's pipeline and potential for future external deals provide additional growth opportunities and optionality.
Product Launch And GrowthMomentum for Skyrizi and Rinvoq remains strong with significant year-over-year growth in the US market, demonstrating robust demand.
Valuation And Market PositionThe current valuation of AbbVie is seen as an increasingly attractive entry point after a recent share pullback.
Bears Say
Drug Development ChallengesAbbVie disclosed that both of its registrational studies of emraclidine for schizophrenia failed to meet their primary endpoints.
Earnings GuidanceManagement lowered 2024 aesthetics guidance to $5.3 billion from $5.5 billion, which includes a reduction in Juvederm sales.
Financial PerformanceThe company overpaid for Cerevel and will likely have to take a significant emraclidine write-down in early 2025.
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Ownership Overview
0.08% Insiders
21.85% Mutual Funds
15.25% Other Institutional Investors
41.36% 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 $151.29 and its highest was $207.32 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 Jan 29, 2025 which is in 39 days.
How were AbbVie’s earnings last quarter?
AbbVie released its earnings results on Oct 30, 2024. The company reported $3 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.08.
Is AbbVie overvalued?
According to Wall Street analysts AbbVie’s price is currently Undervalued.
Does AbbVie pay dividends?
AbbVie pays a Quarterly dividend of $1.639 which represents an annual dividend yield of 3.58%. See more information on AbbVie dividends here
What is AbbVie’s EPS estimate?
AbbVie’s EPS estimate is $2.98.
How many shares outstanding does AbbVie have?
AbbVie has 1,767,140,400 shares outstanding.
What happened to AbbVie’s price movement after its last earnings report?
AbbVie reported an EPS of $3 in its last earnings report, beating expectations of $2.92. Following the earnings report the stock price went up 6.361%.
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 260M.
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AbbVie Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$202.75 (15.47% Upside)
$202.75 (15.47% Upside)
Blogger Sentiment
Bullish
ABBV Sentiment 94%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 344.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $310.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.98%
12-Months-Change
Fundamentals
Return on Equity
56.06%
Trailing 12-Months
Asset Growth
5.29%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
AbbVie demonstrated strong commercial, operational, and R&D execution with significant growth from its ex-HUMIRA platform, increased revenue and EPS guidance, and successful acquisition and integration of Cerevel Therapeutics. However, challenges remain with declining HUMIRA sales, aesthetic market headwinds, and competitive pressures on IMBRUVICA.Read More>---
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
$202.75
▲(15.47% Upside)
Technical Analysis
Best Analysts Covering ABBV
1 Year
1 Year Success Rate
34/40 ratings generated profit
1 Year Average Return
+20.54%
reiterated a buy rating 4 days ago
Copying Christopher Raymond's trades and holding each position for 1 Year would result in 85.00% of your transactions generating a profit, with an average return of +20.54% per trade.
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