The company reported $2.83 EPS for the quarter, beating the Zacks' consensus estimate of $2.75 by $0.08. There are 17 Sectors, 60 different M Industries, and 265 X Industries. AbbVie went public priced at an adjusted price 1 of $24.89 on Jan 2013. The Momentum Score takes all of this and more into account. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. Valuation is also important, so investors should note that ABBV has a Forward P/E ratio of 9.43 right now. The monthly returns are then compounded to arrive at the annual return. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade and Zacks.com are separate companies. If you do not, click Cancel. 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. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. 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. Today, you can download 7 Best Stocks for the Next 30 Days. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. Seeking Alpha - … ABBV : 103.28 (+0.47%) ROE values, like other values, can vary significantly from one industry to another. ABBVIE has a Stock Price of 104.49. NASDAQ data is at least 15 minutes delayed. Cash Flow is a measurement of a company's health. Above 1 means it assets are greater than its liabilities. Get the latest AbbVie Inc. ABBV detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. The 20 day average establishes this baseline. The Zacks database contains over 10,000 stocks. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. 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. How good is it? The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Cash Flow is net income plus depreciation and other non-cash charges. For the AbbVie Inc forecast (traded under symbol ABBV) for one year forward price target at the top of this page, we have presented the average ABBV forecast for forward target price across the 16 analysts covering ABBV, as reported in For one, part of trading is being able to get in and out of a stock easily. AbbVie is a research-based biopharmaceutical company. ABBVIE Stock Price charts, historical data, comparisons and more at Zacks Advisor Tools. Stocks With Insider Buying, Best Dividend Stocks Analysts Like Once again, cash flow is net income plus depreciation and other non-cash charges. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. Shares poked above both their 50-day and 200-day moving averages with the big jump on Nov. 4. 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. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. Net Margin is defined as net income divided by sales. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Want the latest recommendations from Zacks Investment Research? AbbVie enjoys leadership positions in key therapeutic areas including immunology, hematologic oncology, neuroscience, aesthetics, eye care and women's health.Humira is approved for several autoimmune diseases like rheumatoid arthritis (RA), active psoriatic arthritis, active ankylosing spondylitis, Crohn’s disease and others. This allows the investor to be as broad or as specific as they want to be when selecting stocks. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. We use cookies to understand how you use our site and to improve your experience. View AbbVie Inc. ABBV investment & stock information. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Can Buy Cheaper Than Insiders Did, 10 Metals Stocks Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. And, of course, the 4 week change helps put the 1 week change into context. See rankings and related performance below. 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. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Below Book Value, 10 Canadian Stocks So be sure to compare it to its group when comparing stocks in different industries. It is used to help gauge a company's financial health. Like in the Dow, Broker Darlings: Top 15 Analyst Picks 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. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. The sector with the best average Zacks Rank would be considered the top sector (1 out of 16), which would place it in the top 1% of Zacks Ranked Sectors. The Daily Price Change displays the day's percentage price change using the most recently completed close. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.77% per year. 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. 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. The deal closed in May 2020. That means these items are added back into the net income to produce this earnings number. 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 … The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. High-Yield Canadian Energy Stocks, 10 Canadian Stocks Crossing It measures a company's ability to pay short-term obligations. $106.69 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. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. 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. Socially Responsible Dividend Stocks, 10 Dividend Bargains You Can Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). The longer-term perspective helps smooth out short-term events. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. 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. 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. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. Yields Got More Juicy, 10 Must-Know Many investors prefer EV to just Market Cap as a better way to determine the value of a company. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). 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. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. The 1 week price change reflects the collective buying and selling sentiment over the short-term. AbbVie paid Allergan a price of $120.30 in cash and 0.8660 AbbVie shares per Allergan share. This is a medium-term price change metric. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Earnings AbbVie (NYSE:ABBV) Earnings Information. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). But, typically, an aggressive growth trader will be interested in the higher growth rates. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. Predict and forecast ABBV (Abbvie Inc) plus see real-time data from other investors. AbbVie last posted its quarterly earnings results on October 30th, 2020. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. A 'good' number would usually fall within the range of 1.5 to 3. 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. 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. AbbVie reported total sales of $33.3 billion in 2019, up 1.6%. In the short term (2weeks), ABBV's stock price should underperform the market by -1.00%.During that period the price should oscillate between -4.94% and +3.39%.. 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). The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Growth Style - Learn more about the Growth Style. 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. 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. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. ABBV Stock Summary. The Zacks Consensus EPS estimate remained stagnant within the past month. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. 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 D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. S.A.F.E. 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. This includes personalizing content and advertising. A D/E ratio of 1 means its debt is equivalent to its common equity. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. 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. Abbvie Inc () Stock Market info Recommendations: Buy or sell Abbvie stock? A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. 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.) In short, this is how much a company is worth. The Current Ratio is defined as current assets divided by current liabilities. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. To follow ABBV in the coming trading sessions, be sure to utilize Zacks.com. Its industry sports an average Forward P/E of 15.17, so we one might conclude that ABBV is trading at a discount comparatively. 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. A ratio of 1 means a company's assets are equal to its liabilities. ROE is always expressed as a percentage. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. 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