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Abbvie Inc (NYSE: ABBV) closed the day trading at $200.51 down -0.34% from the previous closing price of $201.20. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 4.35 million shares were traded. ABBV stock price reached its highest trading level at $202.315 during the session, while it also had its lowest trading level at $199.215.
Ratios:
For a better understanding of ABBV, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 11.78 whereas as Long-Term Debt/Eq ratio is at 9.70.
On October 17, 2024, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $203.
HSBC Securities Upgraded its Hold to Buy on June 05, 2024, while the target price for the stock was maintained at $185.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 08 ’24 when Hudson Thomas J bought 49,170 shares for $189.08 per share.
GONZALEZ RICHARD A sold 66,500 shares of ABBV for $12,403,580 on Aug 05 ’24. The EXECUTIVE CHAIRMAN OF BOARD now owns 446,599 shares after completing the transaction at $186.52 per share. On Aug 07 ’24, another insider, Hudson Thomas J, who serves as the Officer of the company, bought 101,886 shares for $187.62 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABBV now has a Market Capitalization of 355548332032 and an Enterprise Value of 418406301696. As of this moment, Abbvie’s Price-to-Earnings (P/E) ratio for their current fiscal year is 69.93, and their Forward P/E ratio for the next fiscal year is 16.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.38 while its Price-to-Book (P/B) ratio in mrq is 58.74. Its current Enterprise Value per Revenue stands at 7.534 whereas that against EBITDA is 16.325.
Stock Price History:
Over the past 52 weeks, ABBV has reached a high of $207.32, while it has fallen to a 52-week low of $135.85. The 50-Day Moving Average of the stock is 3.10%, while the 200-Day Moving Average is calculated to be 12.24%.
Shares Statistics:
Over the past 3-months, ABBV traded about 4.73M shares per day on average, while over the past 10 days, ABBV traded about 6182990 shares per day. A total of 1.77B shares are outstanding, with a floating share count of 1.76B. Insiders hold about 0.09% of the company’s shares, while institutions hold 73.06% stake in the company. Shares short for ABBV as of 1728950400 were 16183592 with a Short Ratio of 3.42, compared to 1726185600 on 17793512. Therefore, it implies a Short% of Shares Outstanding of 16183592 and a Short% of Float of 0.9199999999999999.
Dividends & Splits
ABBV’s forward annual dividend rate is 6.20, up from 6.2 a year ago. Against a Trailing Annual Dividend Yield of 0.03081511The stock’s 5-year Average Dividend Yield is 4.16.
