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/ January 8, 2021

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. It's then divided by the number of shares outstanding to determine how much cash is generated per share. North Chicago, IL-based AbbVie has become one of the top-most pharma companies after it acquired Botox maker Allergan in a cash-and-stock deal for $63 billion in May 2020. AbbVie (ABBV) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). The respective items are ranked and graded into five groups: A, B, C, D and F. An A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Abbvie Inc () Stock Market info Recommendations: Buy or sell Abbvie stock? AbbVie (ABBV) Stock Moves -0.5%: What You Should Know In the latest trading session, AbbVie (ABBV) closed at $83.92, marking a -0.5% move from the previous day. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). The board of directors of AbbVie Inc. (NYSE: ABBV) has authorized a $5 billion increase to AbbVie's existing stock repurchase program. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. Insiders Are Buying, 10 Energy Stocks You Many investors prefer EV to just Market Cap as a better way to determine the value of a company. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. Dividend Stocks, Feel-Good Income: 25 Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. This measure is expressed as a percentage. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Weaker technical forecast for AbbVie Inc as stock downgraded to Hold/Accumulate. See rankings and related performance below. Zacks Style Scores Education - Learn more about the Zacks Style Scores. 7:34 PM ET. AbbVie's (ABBV) Skyrizi Succeeds in Psoriatic Arthritis StudiesAbbVie's (ABBV) Skyrizi achieves improvements in disease activity across joint and skin symptoms in phase III studies in active psoriatic arthritis. Many other growth items are considered as well. The analyzed items go beyond simple trend analysis. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Zacks AbbVie (ABBV) Gains As Market Dips: What You Should Know AbbVie (ABBV) closed at $104.70 in the latest trading session, marking a +1.21% move from the prior day. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. And margin rates can vary significantly across these different groups. A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Get the latest Zacks research report on ABBV — FREE, Dividend Growth Stocks: 25 Aristocrats In the medium term (3months), ABBV's stock price should underperform the market by … This is also commonly referred to as the Asset Utilization ratio. The PEG ratio is the P/E ratio divided by its growth rate. This valuation marks a discount compared to its industry's average Forward P/E of 15.47. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. For one, part of trading is being able to get in and out of a stock easily. ROE is always expressed as a percentage. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. To follow ABBV in the coming trading sessions, be sure to utilize Zacks.com. Join Stocktwits for free stock discussions, prices, and market sentiment with millions of investors and traders. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.77% per year. Earnings estimate revisions are the most important factor influencing stocks prices. Equities research analysts forecast that AbbVie Inc. (NYSE:ABBV) will announce $13.76 billion in sales for the current quarter, according to Zacks Investment Research. In general, the lower the ratio is the better. This might drive the stock higher in the near term. Valuation is also important, so investors should note that ABBV has a Forward P/E ratio of 9.43 right now. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Seeing a stock's EPS change over 1 week is important. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. Net Margin is defined as net income divided by sales. All of those stocks are classified into three groups: Sector, M Industry and X Industry. In general, a lower number or multiple is usually considered better that a higher one. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. It's calculated as earnings divided by price. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. ABBVIE has a Stock Price of 104.49. The company also has partnerships with companies like Roche and J&J.In June 2016, AbbVie acquired cancer drugmaker, Stemcentrx in a cash and stock deal worth $5.8 billion. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). The company had revenue of $12.88 billion for the quarter, compared to analysts' expectations of $12.71 billion. While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. Crossing Above Their 200 Day Moving Avg, 10 Canadian Stocks This includes personalizing content and advertising. Cash flow can be found on the cash flow statement. in the S&P, Best Dividend Paying Stocks Analysts While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values. It is essentially the inverse of the P/E ratio. AbbVie has one of the most popular cancer drugs in its portfolio, Imbruvica and its newest immunology drugs Skyrizi (risankizumab) and Rinvoq (upadacitinib) position it well for long-term growth.... North Chicago, IL-based AbbVie has become one of the top-most pharma companies after it acquired Botox maker Allergan in a cash-and-stock deal for $63 billion in May 2020. To learn more, click here. ABBV is currently sporting a Zacks Rank of #3 (Hold). The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. If a company's expenses are growing faster than their sales, this will reduce their margins. Wed, Jan 6, 11:10 AM, Zacks A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. ET on Zacks.com 3 Stocks with Strong Dividends to Buy for Growth in 2021 Dec. 22, 2020 at 4:10 p.m. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Four analysts have issued estimates for AbbVie’s earnings, with the lowest sales estimate coming in at $13.68 billion and the highest estimate coming in at $13.82 billion. AbbVie went public priced at an adjusted price 1 of $24.89 on Jan 2013. Meanwhile, note that the median ABBV forecast price target (median being the middle where half of analysts had a higher ABBV forecast and half had a lower ABBV forecast, which is a different metric than the average or mean) was $115.0 as of 2020-12-29, while the highest ABBV forecast in the analyst group was $135.0, and the lowest ABBV forecast in the analyst group was $96.0, with a standard deviation … In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. This has helped ABBV to earn a zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. In the latest trading session, AbbVie (ABBV) closed at $104.64, marking a +1.77% move from the previous day. 1: Adjusted price after possible price splits or reverse-splits The VGM score is based on the trading styles of Growth, VAlue, and Momentum. It announced a definitive agreement to buy Allergan on Jun 24, 2019. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. It's used by investors as a measure of financial health. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. A P/B of 2 means it's selling at 2 times its book value. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. Since then, ABBV stock has risen by 330.49%, with an average of 41.31% per year. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. We use cookies to understand how you use our site and to improve your experience. Shares of AbbVie Inc.(ABBV) have soared nearly 18% less than a week after the company reported outstanding results for the third quarter and upped its guidance for the full year. Cash Flow is net income plus depreciation and other non-cash charges. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. This is a longer-term price change metric. It is the most commonly used metric for determining a company's value relative to its earnings. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. NASDAQ data is at least 15 minutes delayed. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. This means ABBV stock is not among the upper echelon of stocks with RS Ratings of 80 or higher. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Delayed quotes by Sungard. Why AbbVie (ABBV) Could Beat Earnings Estimates AgainAbbVie (ABBV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. ABBV: Get the latest AbbVie stock price and detailed information including ABBV news, historical charts and realtime prices. That does not mean that all companies with large growth rates will have a favorable Growth Score. S.A.F.E. ABBV : 103.28 (+0.47%) Imbruvica (hematological cancers – approved for 11 indications in six distinct disease areas) became part of the company’s portfolio following the Pharmacyclics acquisition. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. AbbVie (ABBV) Gains As Market Dips: What You Should Know Zacks Equity Research - Zacks - Tue Dec 29, 4:45PM CST Zacks Equity Research - ZACKS - Tue Dec 29, 4:45PM CST AbbVie (ABBV) closed at $104.70 in the latest trading session, marking a +1.21% move from the prior day. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. It measures a company's ability to pay short-term obligations. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. $96.0, with a standard deviation of $11.505. Equity multiplier, or assets relative to shareholders' equity, comes in at 33.32 for AbbVie Inc; that's greater than it is for 98.92% of US stocks. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing ... Dec 29 / Zacks.com - Paid Partner Content. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. Want the latest recommendations from Zacks Investment Research? If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. It's packed with all of the company's key stats and salient decision making information. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. After the P/E ratio, it's one of the most common valuation metrics. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. Zacks Rank Education -- Learn more about the Zacks Rank See the Full List of Stocks To Beat Earnings. Once again, cash flow is net income plus depreciation and other non-cash charges. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). If you do not, click Cancel. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. Learn more about Zacks Equity Research reports. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. ABBV's full-year Zacks Consensus Estimates are calling for earnings of $10.46 per share and revenue of $45.45 billion. Humira and Imbruvica accounted for 58% and 14%, respectively, of AbbVie’s total revenues in 2019.Key drugs include Mavyret/Maviret (HCV), Venclexta (venetoclax) (oncology), Botox Cosmetic (aesthetic use), Botox Therapeutics (neuroscience indications), Vraylar (schizophrenia and bipolar I disorder), Orilissa (endometriosis pain), Skyrizi (plaque psoriasis) and Rinvoq (RA). Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). But, typically, an aggressive growth trader will be interested in the higher growth rates. data provided by Zacks Investment Research via Quandl.com. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. Buy Cheaper Than Insiders Did, Top Ranked Dividend Stocktwits is the largest social network for finance. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. AbbVie Inc. (NYSE:ABBV) posted its earnings results on Friday, October, 30th. AbbVie (ABBV) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. If you wish to go to ZacksTrade, click OK. In short, this is how much a company is worth. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. So be sure to compare it to its group when comparing stocks in different industries. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. Respective industry sign whereas a declining stock on above average volume is the difference between total assets liabilities... Us stocks ; more precisely, its current market capitalization divided by abbv stock forecast zacks the link. -- Learn more about the Zacks Sector Rank is said to be trading at 35... 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