
NYSE:PFE
This summary was created by AI, based on 23 opinions in the last 12 months.
Pfizer Inc (PFE) is currently navigating a challenging landscape post-COVID, grappling with the loss of patent exclusivity on several of its major drugs. Analysts express a mix of cautious optimism and concern about the company's ability to develop new blockbuster drugs to replenish its pipeline. The consensus highlights a generous dividend yield, typically around 6-8%, which appeals to income-focused investors. However, there's significant uncertainty regarding growth, with many experts pointing to the company's recently acquired drugs and strategic focus on obesity and oncology as potential avenues for future success. Overall, while the stock is deemed undervalued based on its low price-to-earnings ratio, the lack of immediate catalysts for growth and dependency on dividends reflect a complex investment landscape.
Likes this stock. Pays a nice 3.7% dividend. You are not buying this necessarily for strong earnings per share growth long-term. You are buying it for cash flow and dividend yield. Growth rate of the dividend yield should be around 8.5% per year projected over the next 3 years.