PFE Stock Analysis
PFE Stock Analysis
Introduction to PFE
Pfizer Inc. or PFE is an American multinational pharmaceutical corporation. It is one of the world’s largest biomedical companies and has a significant contribution to the healthcare industry. The company was founded in 1849 in Brooklyn, New York, by Charles Pfizer and Charles F. Erhart, who manufactured and sold fine chemicals. The company stood the test of time and is now recognized as one of the top players in the pharmaceutical industry. PFE’s vision is to improve people’s quality of life and strive for excellence in everything that they do.
Representative and Corporate Information
Albert Bourla is the Chairman and CEO of PFE, who believes that it is the company’s responsibility to find solutions to the world’s most challenging health problems. The pharmaceutical industry has been impacted by the COVID-19 pandemic, but PFE, along with BioNTech SE, has developed the first COVID-19 vaccine approved by the World Health Organization (WHO). PFE is headquartered in New York, with its corporate office located at 235 East 42nd Street, New York, NY 10017-5755, USA. The company has operations in over 150 countries, and its products are used by millions of people worldwide.
https://www.crunchbase.com/organization/pfizer
Financial Analysis of PFE
PFE’s business model revolves around the research, development, production, and sale of innovative pharmaceuticals, vaccines, and consumer healthcare products. The company reported revenue of $41.9 billion in 2020 and has a market capitalization of over $248 billion. The company has been paying dividends for over 100 years and has increased payouts for the past 11 consecutive years. Besides, the company’s debt-to-equity ratio is lower than the industry’s average, signifying lower financial risk. The company stock trades on the New York Stock Exchange (NYSE) under the symbol “PFE.”
https://www.marketwatch.com/investing/stock/pfe
FAQs About PFE
What products does PFE manufacture?
PFE manufactures pharmaceuticals, vaccines, and consumer healthcare products. Some of its famous brands include Advil, Viagra, Lipitor, Xanax, and Lyrica, among others.
https://www.pfizer.com/products/product-list-a-to-z
Is PFE’s COVID-19 vaccine effective?
PFE, along with BioNTech SE, has developed a COVID-19 vaccine that has shown to be 90% effective in preventing COVID-19. The vaccine has been approved by the WHO and is being used worldwide to curb the spread of the virus.
What is PFE’s stance on sustainability?
PFE has pledged to reduce greenhouse gas emissions, improve water efficiency, and eliminate waste. The company has also committed to transparent business practices and ethical governance, with the aim of building trust among customers and investors.
https://www.pfizer.com/purpose/environmental-sustainability
Conclusion
PFE is a leading player in the healthcare industry, with a legacy dating back over 170 years. The company’s commitment to excellence, innovation, and ethical business practices has made it a trusted name among consumers and investors. PFE’s COVID-19 vaccine is a testament to the company’s dedication to finding solutions to some of the world’s most significant health problems. Investors looking to add a stable, long-term investment to their portfolio should consider PFE stock.
https://www.fool.com/investing/stock-analysis/2021/03/04/is-pfizer-a-buy/