The technique has proven to be very useful for finding positive surprises. This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. AbbVie reported total sales of $33.3 billion in 2019, up 1.6%. It's used by investors as a measure of financial health. 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. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing ABBV stock RSI chart AbbVie stock price history. 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. Zacks Equity Research - ZACKS - Tue Dec 22, 7:33AM CST Investors need to pay close attention to AbbVie (ABBV) stock based on the movements in the options market lately. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. Seeking Alpha - … An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Zacks Rank Education -- Learn more about the Zacks Rank The 20 day average establishes this baseline. Growth Style - Learn more about the Growth Style. ABBVIE Stock Price charts, historical data, comparisons and more at Zacks Advisor Tools. 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. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. 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. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. Visit performance for information about the performance numbers displayed above. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. 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. Get the latest AbbVie Inc. ABBV detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Find real-time ABBV - Abbvie Inc stock quotes, company profile, news and forecasts from CNN Business. A P/B of 0.5 means its selling at half its book value. Cash Flow is a measurement of a company's health. Zacks Style Scores Education - Learn more about the Zacks Style Scores. AbbVie went public priced at an adjusted price 1 of $24.89 on Jan 2013. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. 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. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. 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). Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). But they all have their place in the Growth style. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. Join Stocktwits for free stock discussions, prices, and market sentiment with millions of investors and traders. So be sure to compare it to its group when comparing stocks in different industries. A value under 20 is generally considered good. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Dividend Stocks, Feel-Good Income: 25 The longer-term perspective helps smooth out short-term events. The median P/B ratio for stocks in the S&P is just over 3. ET on Zacks.com 3 Stocks with Strong Dividends to Buy for Growth in 2021 Dec. 22, 2020 at 4:10 p.m. For example, a regional bank would be classified in the Finance Sector. ABBV's full-year Zacks Consensus Estimates are calling for earnings of $10.46 per share and revenue of $45.45 billion. Like most ratios, this number will vary from industry to industry. A sector with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. S.A.F.E. 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). This is a longer-term price change metric. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. 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. Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. This is a medium-term price change metric (like the 4 week price change). ZacksTrade and Zacks.com are separate companies. ROE values, like other values, can vary significantly from one industry to another. 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. Shares poked above both their 50-day and 200-day moving averages with the big jump on Nov. 4. An investment of $1,000USD on the IPO would be valued $4,304.94 today. The company reported $2.83 EPS for the quarter, beating the Zacks' consensus estimate of $2.75 by $0.08. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 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. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. NYSE and AMEX data is at least 20 minutes delayed. ABBV is currently sporting a Zacks Rank of #3 (Hold). Learn more about Zacks Equity Research reports. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. The Zacks database contains over 10,000 stocks. 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. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. 7:34 PM ET. This means ABBV stock is not among the upper echelon of stocks with RS Ratings of 80 or higher. Like in the Dow, Broker Darlings: Top 15 Analyst Picks But when compared to its growth rate, it does't have the earnings growth to justify its P/E. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. Click to get this free report AbbVie Inc. (ABBV) : Free Stock Analysis Report To read this article on Zacks.com click here. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. The sole determinant of the Zacks rating is a company's changing earnings picture. Cash flow can be found on the cash flow statement. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Abbvie Inc () Stock Market info Recommendations: Buy or sell Abbvie stock? One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. For one, part of trading is being able to get in and out of a stock easily. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Many other growth items are considered as well. 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. (Updated on January 04, 2021) Buy or Hold candidate since 2020-11-02 Gain 19.44% PDF . Like earnings, a higher growth rate is better than a lower growth rate. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Start making your PredictWallStreet stock market predictions today. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. The Zacks Sector Rank assigns a rating to each of the 16 Sectors based on their average Zacks Rank. It's packed with all of the company's key stats and salient decision making information. 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. Meanwhile, note that the Insiders Are Buying, 10 Energy Stocks You The PEG ratio is the P/E ratio divided by its growth rate. Wed, Jan 6, 11:10 AM, Zacks Zacks Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. The analyzed items go beyond simple trend analysis. Net Margin is defined as net income divided by sales. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. Projected EPS Growth looks at the estimated growth rate for one year. A D/E ratio of 1 means its debt is equivalent to its common equity. 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. In the medium term (3months), ABBV's stock price should underperform the market by … It is the most commonly used metric for determining a company's value relative to its earnings. A ratio of 2 means its assets are twice that of its liabilities. 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). And, of course, the 4 week change helps put the 1 week change into context. AbbVie (ABBV) Outpaces Stock Market Gains: What You Should Know In the latest trading session, AbbVie (ABBV) closed at $104.64, marking a +1.77% move from the previous day. See the Full List of Stocks To Beat Earnings. Yields Got More Juicy, 10 Must-Know The Price to Sales ratio or P/S is calculated as price divided by sales. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). Its industry sports an average Forward P/E of 15.17, so we one might conclude that ABBV is trading at a discount comparatively. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. A higher number is better than a lower number. See rankings and related performance below. NASDAQ data is at least 15 minutes delayed. You Can Buy Cheaper Than Insiders Did, 10 Stocks If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. Volume is a useful item in many ways. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. * indicates the important links in the menu, After-Market: The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. As the name suggests, it's calculated as sales divided by assets. Stocks With Insider Buying, Best Dividend Stocks Analysts Like Weaker technical forecast for AbbVie Inc as stock downgraded to Hold/Accumulate. The Momentum Score takes all of this and more into account. AbbVie Inc. (NYSE:ABBV) posted its earnings results on Friday, October, 30th. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. Seeing a stock's EPS change over 1 week is important. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. Enterprise Value (EV) is Market Capitalization + Debt - Cash. Of course, different industries will have different growth rates that are considered good. In general, a lower number or multiple is usually considered better that a higher one. Value Style - Learn more about the Value Style. 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. 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 reported $2.83 earnings per share for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. AbbVie last posted its quarterly earnings results on October 30th, 2020. The Chicago-area pharmaceutical titan had quarterly earnings of $2.83 per share, beating the Zacks … Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. 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