AbbVie Inc. [ABBV] took an upward turn with a change of 0.28%, trading at the price of $71.03 during the trading session on Thursday. The price movement in correlation with percentage of the mentioned increase can allow a valuable insight to investors. During the last trading session 3.42 million shares changed hands being bought and sold, while AbbVie Inc. shares have an average trading volume of 11.33M shares for that time period. ABBV monthly volatility recorded 2.23%, in the meanwhile having share price volatility for the week set at 2.39%. PS value for ABBV stocks is 3.21 with PB recorded at .
AbbVie Inc. [NYSE:ABBV]: Analyst Rating and Earnings
Its stock price has been found in the range of 62.66 to 96.60. This is compared to its latest closing price of $70.83.
Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Fri 1 Nov (In 49 Days).
Fundamental Analysis of AbbVie Inc. [ABBV]
Now let’s turn to look at profitability: with a current Operating Margin for AbbVie Inc. [ABBV] sitting at +37.06 and its Gross Margin at +76.93, this company’s Net Margin is now 12.50%. These measurements indicate that AbbVie Inc. [ABBV] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 32.66, and its Return on Invested Capital has reached 21.80%. Its Return on Assets is 8.69.
Similarly, its Total Debt to Total Capital is 126.51, while its Total Debt to Total Assets stands at 67.92.
What about valuation? This company’s Enterprise Value to EBITDA is 9.45 and its Total Debt to EBITDA Value is 2.90. The Enterprise Value to Sales for this firm is now 4.03, and its Total Debt to Enterprise Value stands at 0.23.
Shifting the focus to workforce efficiency, AbbVie Inc. [ABBV] earns $1,091,767 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 5.02 and its Total Asset Turnover is 0.50. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.89 and its Current Ratio is 0.98. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
AbbVie Inc. [ABBV] has 1.48B shares outstanding, amounting to a total market cap of $104.83B. Its stock price has been found in the range of 62.66 to 96.60. At its current price, it has moved down by -26.47% from its 52-week high, and it has moved up 13.36% from its 52-week low.
This stock’s Beta value is currently 0.94, which indicates that it is 2.39% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 68.40. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is AbbVie Inc. [ABBV] a Reliable Buy?
Shares of AbbVie Inc. [ABBV], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.