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After finishing at $199.50 in the prior trading day, Abbvie Inc (NYSE: ABBV) closed at $174.43, down -12.57%. In other words, the price has decreased by -$12.57 from its previous closing price. On the day, 20.66 million shares were traded. ABBV stock price reached its highest trading level at $178.57 during the session, while it also had its lowest trading level at $172.7001.
Ratios:
Our goal is to gain a better understanding of ABBV by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 42.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.68. 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 308242219008 and an Enterprise Value of 372319289344. As of this moment, Abbvie’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.83, and their Forward P/E ratio for the next fiscal year is 14.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.52 while its Price-to-Book (P/B) ratio in mrq is 51.10. Its current Enterprise Value per Revenue stands at 6.704 whereas that against EBITDA is 14.527.
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 -10.15%, while the 200-Day Moving Average is calculated to be -2.48%.
Shares Statistics:
The stock has traded on average 4.68M shares per day over the past 3-months and 6018580 shares per day over the last 10 days, according to various share statistics. A total of 1.77B shares are outstanding, with a floating share count of 1.77B. Insiders hold about 0.09% of the company’s shares, while institutions hold 72.98% stake in the company. Shares short for ABBV as of 1728950400 were 16183592 with a Short Ratio of 3.46, 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
In the trailing 12 months, ABBV’s forward annual dividend rate was 6.2, compared to 6.20 this year. Against a Trailing Annual Dividend Yield of 0.031077694The stock’s 5-year Average Dividend Yield is 4.16.
