An Evaluation Of Abbvie Inc (NYSE: ABBV) Prospects

After Hours

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Stocks Info

ABBV belongs to the Healthcare sector of the NYSE while operating in the Drug Manufacturers – General industry. The current market capitalization of Abbvie Inc is $306.05B. A total of 4.95 million shares were traded on the day, compared to an average of 5.85M shares.

In the most recent transaction, Hudson Thomas J bought 49,170 shares of ABBV for 189.08 per share on Aug 08 ’24. In a previous transaction on Aug 05 ’24, GONZALEZ RICHARD A sold 66,500 shares at 186.52 per share. ABBV shares that EXECUTIVE CHAIRMAN OF BOARD owns now total 446,599.

Among the insiders who bought shares, Hudson Thomas J acquired of 101,886 shares on Aug 07 ’24 at a per-share price of $187.62. In another insider transaction, GONZALEZ RICHARD A bought 66,500 shares at $187.36 per share on Aug 05 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Abbvie Inc pays an annual dividend of $6.20, resulting in a dividend yield of 3.58%, and it has a price to earnings (P/E) ratio of 60.40. ABBV’s most recent ex-dividend date was 3.46% when it declared a $1.64 quarterly dividend that was paid in cash on 1/15/2025. Previously, the company paid the dividend on 10/15/2024 with an ex-dividend date of 3.21%. The ABBV stock dividend was $1.55 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, ABBV has a high of $207.32 and a low of $150.16.

As of this writing, ABBV has an earnings estimate of $2.98 per share for the current quarter. EPS was calculated based on a consensus of 20.0 estimates, with a high estimate of $3.1 per share and a lower estimate of $2.9.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. ABBV’s latest balance sheet shows that the firm has $9.83B in Cash & Short Term Investments as of fiscal 2021. There were $76.68B in debt and $35.19B in liabilities at the time. Its Book Value Per Share was $3.41, while its Total Shareholder’s Equity was $15.44B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ABBV is Buy with a score of 4.33.

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