How to Buy Pfizer Stock
Pfizer Inc
Pfizer is a general drug manufacturer company located in New York, United States, which is part of the Healthcare sector, and is traded under the ticker PFE on the NYSE exchange.
Pfizer stock last closed at $44.08, down 1.1% from the previous day, and has decreased 0.25% in one year. It has overperformed other stocks in the Drug Manufacturers - General industry by 0.03 percentage points. Pfizer stock is currently +7.67% from its 52-week low of $40.94, and -28.57% from its 52-week high of $61.71.
As of Sep 23, 2022, there are 5.61B shares of PFE outstanding. The market cap of PFE is $247.39B. In the last 24 hours, 18.87M PFE shares were traded.
How to Buy Pfizer Stock
Wondering how to invest in Pfizer stock? Here's how.
- Figure out where to buy Pfizer stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you figure out where to buy Pfizer stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found. It's the best place to buy PFE stock.
- Fund your investment account: Pick your payment method and add your information.
- Analyze Pfizer stock: The Pfizer ticker symbol is PFE. Is Pfizer stock a good investment? Should you buy shares of PFE? How do PFE's underlying business fundamentals look? Do top analysts think Pfizer is a good buy? Why has PFE's stock price moved recently? (Hint: Our stock research website can help you understand if PFE is a good stock to buy).
- Make your PFE trade: Decide if you will purchase PFE shares at the current market price or use a limit order to purchase PFE shares at a particular price.
- Get the latest scoop on your PFE position: Create a watchlist to keep track of your investment in Pfizer stock.
Step 1: Figure out where to buy Pfizer stock
You will need an online brokerage account to access the NYSE market and buy PFE stock.
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Get $10 towards your your purchase of PFE stock by opening an account with eToro now.
Buy PFE StockStep 2: Create your brokerage account
Now that you've chosen you'll need brokerage, picked to fill out some personal details so you are able to buy PFE stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Enter your personal details to create your new brokerage account.
- Send your info by clicking the "Create Account" button.
Step 3: Fund your investment account
Check out this video walkthrough for more details transferring money into your new brokerage account.
Step 4: Analyze Pfizer stock
It's very important to research stocks before you buy, so you actually understand the risk and upside.
Pfizer Numbers
Pfizer Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on PFE's stock page.
What is the fair value of PFE stock?
You can use many financial metrics, analyses, models, and charts to gauge PFE's true value.
Using relative valuations measures:
- PFE could be undervalued based on its P/E ratio of 8.44x, relative to Drug Manufacturers - General industry P/E ratio of 12.35x
- PFE could be undervalued based on its P/B ratio of 2.84x, relative to Drug Manufacturers - General industry P/B ratio of 4.73x
You can access additional valuation analysis on PFE's stock here.
PFE Financial Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the PFE balance sheet.
- There are more short-term assets than long-term liabilities on the PFE balance sheet.
- PFE's operating cash flow of $31.45B allows it to safely service it's debt of $40.28B.
- Total PFE debt is lower than 5 years ago, relative to shareholder equity.
- PFE earnings of $32.06B is not enough to cover its interest payments.
- PFE profit margin has gone up from 23.1% to 29% in the past year.
Failed Health Checks:
- PFE has a relatively high debt to equity ratio of 1.24.
Do analysts think it's a good time to buy Pfizer stock
Out of 12 Wall Street analysts who track PFE, the consensus analyst rating on Pfizer is a Buy
Should I buy or sell PFE stock?
Based on 12 analysts offering ratings for Pfizer Inc.
Latest PFE Analyst Ratings
Carter Gould, a bottom 17% analyst from Barclays maintains PFE with a hold rating and raises their PFE price target from $50.00 to $52.00, on Aug 1, 2022.
David Risinger, a top 13% analyst from SVB Leerink maintains PFE with a hold rating and lowers their PFE price target from $55.00 to $53.00, on Jul 29, 2022.
Terence Flynn, a top 17% analyst from Morgan Stanley maintains PFE with a hold rating and lowers their PFE price target from $52.00 to $49.00, on Jul 8, 2022.
Flynn lowered his price target on Pfizer Inc. by 5.8% ahead of the release of the company's Q2 2022 earnings report on 2022/07/28.
Biopharma revenues will continue to be strong if economic activity remains slow, the analyst told investors.
Companies that can deliver revenue growth in the 2H of the decade are best positioned among peers, Flynn concluded.
The Zacks Consensus EPS Estimate for the quarter is $1.83 which, if achieved, would represent a 71% increase against Q2 2021’s $1.07.
An analyst from Morgan Stanley maintains PFE with a hold rating and lowers their PFE price target from $55.00 to $52.00, on May 4, 2022.
Mohit Bansal, a top 16% analyst from Wells Fargo maintains PFE with a strong buy rating and lowers their PFE price target from $60.00 to $55.00, on May 4, 2022.
You can dig deeper into what analysts are saying on the Pfizer stock forecast page.
Metrics for Advanced PFE Traders
Is PFE Making Money?
Last year, PFE earnings were $29.31B. In the last 5 year, PFE's earnings have increased by 30.48% per year. This was faster than the Drug Manufacturers - General industry average of 13.15%.
Last year, PFE revenue was $101.13B. Over the last five year, PFE's revenue has gone up by 14.08% per year. This was faster than the Drug Manufacturers - General industry average of 8.49%.
You can analyze PFE's earnings and revenue performance here.
Latest Insiders Trades at PFE
In the past 12 months, executives and large shareholders at PFE have bought more shares than they have sold.
Jennifer B. Damico, SVP & Controller of PFE, was the latest PFE insider to sell. They sold $227,603.28 worth of PFE shares on Jun 7, 2022.
Learn more about who owns PFE stock here.
Does PFE stock generate passive income?
Pfizer pays a dividend of 3.61%, compared to the Drug Manufacturers - General industry's average dividend yield of 3.69%. If you owned $1,000 of PFE stock, you would have received $36.07 in the past 12 months.
Pfizer dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Pfizer dividend yield and history here.
What others are saying about PFE
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your PFE trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will execute the order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your PFE position
Now that you own some PFE shares, you'll want to stay up-to-date on your new shares.
Create a watchlist to track your PFE stock.
PFE Feed
How to Buy Stock in Pfizer
To reiterate, here are the 6 steps to buy Pfizer stock:
- Figure out where to buy Pfizer stock
- Create your brokerage account
- Fund your investment account
- Analyze Pfizer stock
- Make your PFE trade
- Get the latest scoop on your PFE position
If you need a brokerage, eToro is our recommended venue.
Start investing with eToro todayIf you want to keep an eye on your new investment in Pfizer, click below.
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