The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. Imbruvica (hematological cancers – approved for 11 indications in six distinct disease areas) became part of the company’s portfolio following the Pharmacyclics acquisition. This allows the investor to be as broad or as specific as they want to be when selecting stocks. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. In this case, it's the cash flow growth that's being looked at. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. A 'good' number would usually fall within the range of 1.5 to 3. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. Zacks Sector Rank Education - Learn more about the Zacks Sector Rank. Enterprise Value (EV) is Market Capitalization + Debt - Cash. 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 Rank Education -- Learn more about the Zacks Rank The scores are based on the trading styles of Value, Growth, and Momentum. 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. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. See the Full List of Stocks To Beat Earnings. A P/B of 1 means it's selling at its per share book value. AbbVie currently has a Zacks Rank #3 (Hold). Visit www.zacksdata.com to get our data and content for your mobile app or website. Green day on Thursday for AbbVie Inc stock after gaining 1.79% (Updated on December 31, 2020) Buy or Hold candidate since 2020-11-02 Gain 21.42% PDF . The median P/B ratio for stocks in the S&P is just over 3. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. These daily predictions provide powerful stock forecasts. The Daily Price Change displays the day's percentage price change using the most recently completed close. in the Information. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. The deal closed in May 2020. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The Zacks database contains over 10,000 stocks. NASDAQ data is at least 15 minutes delayed. The monthly returns are then compounded to arrive at the annual return. If a stock's EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change. Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). In the latest trading session, AbbVie (ABBV) closed at $106.50, marking a +1.03% move from the previous day. The company also has partnerships with companies like Roche and J&J.In June 2016, AbbVie acquired cancer drugmaker, Stemcentrx in a cash and stock deal worth $5.8 billion. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. It takes the consensus sales estimate for the current fiscal year (F1) divided by the sales for the last completed fiscal year (F0) (actual if reported, the consensus if not). In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). 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. It announced a definitive agreement to buy Allergan on Jun 24, 2019. AbbVie (ABBV) Outpaces Stock Market Gains: What You Should Know Dec. 16, 2020 at 5:45 p.m. 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. This move outpaced the S&P 500's … Visit performance for information about the performance numbers displayed above. 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. After the P/E ratio, it's one of the most common valuation metrics. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Zacks Style Scores Education - Learn more about the Zacks Style Scores. This might drive the stock higher in the near term. The company also has partnerships with companies like Roche and J&J.In June 2016, AbbVie acquired cancer drugmaker, Stemcentrx in a cash and stock deal worth $5.8 billion. Earnings estimate revisions are the most important factor influencing stocks prices. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. The Current Ratio is defined as current assets divided by current liabilities. Detailed Estimate. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. Research, Inc. nor its Information Providers can guarantee the accuracy, AbbVie paid Allergan a price of $120.30 in cash and 0.8660 AbbVie shares per Allergan share. AbbVie (ABBV) Outpaces Stock Market Gains: What You Should Know, Biohaven (BHVN) Initiates Pivotal Study on OCD Candidate, The Zacks Analyst Blog Highlights: Johnson & Johnson, NVIDIA, Cisco, AbbVie and Sony, AbbVie (ABBV) Gains As Market Dips: What You Should Know, Top Analyst Reports for Johnson & Johnson, NVIDIA & Cisco. ABBV stock qualifies as a Dividend Aristocrat, as its former parent company Abbott was on the list at the time of the spin-off. Above 1 means it assets are greater than its liabilities. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. So the PEG ratio tells you what you're paying for each unit of earnings growth. 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. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. Once again, cash flow is net income plus depreciation and other non-cash charges. Growth Style - Learn more about the Growth Style. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone.  |  Privacy Policy. Projected EPS Growth looks at the estimated growth rate for one year. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. ... Making predictions about the winners and losers of an election is a hard job. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. It's then divided by the number of shares outstanding to determine how much cash is generated per share. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. Delayed quotes by Sungard. Zacks' proprietary data indicates that AbbVie Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the ABBV shares relative to the market in the next few months. AbbVie reported total sales of $33.3 billion in 2019, up 1.6%. The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Includes articles, videos and real-time news from StockTwits. 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. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. Zacks Premium - The way to access to the Zacks Rank. Cash flow itself is an important item on the income statement. Other noteworthy reports we are featuring today include AbbVie and Sony. AbbVie (ABBV) in Focus: Stock Moves 7.4% Higher. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. This includes personalizing content and advertising. ABBV is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. This item is updated at 9 pm EST each day. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. AbbVie has one of the most popular cancer drugs in its portfolio, Imbruvica and its newest immunology drugs Skyrizi (risankizumab) and Rinvoq (upadacitinib) position it well for long-term growth.AbbVie came into existence on Jan 1, 2013, after Abbott Laboratories divested its pharmaceutical division. Top Stock Reports for Facebook, Netflix and AbbVie. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.77% per year. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. Zacks estimates project that the pharmaceutical giant’s sales will jump 37% in FY20 to $46 billion and another 18% in FY21. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. It currently has a Growth Score of B. See rankings and related performance below. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. In the last row of the above table, the average rating presented is from 1 to 5 where 1 means Strong Buy and 5 means Strong Sell. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. Like most ratios, this number will vary from industry to industry. 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. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. The Zacks Analyst Blog Highlights Johnson & Johnson, NVIDIA, Cisco, AbbVie and Sony . Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. Plus, ABBV info will be updated daily in your Zacks.com Portfolio Tracker . . . The company reported $2.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of … Real time prices by BATS. As the name suggests, it's calculated as sales divided by assets. 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. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. All of those stocks are classified into three groups: Sector, M Industry and X Industry. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. For example, a regional bank would be classified in the Finance Sector. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. The PEG ratio is the P/E ratio divided by its growth rate. 18 hours ago. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Cash Flow is a measurement of a company's health. 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. Zacks Rank Education -- Learn more about the Zacks Rank See the Full List of Stocks To Beat Earnings. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Ranks stocks can, and often do, change throughout the month. It is the most commonly used metric for determining a company's value relative to its earnings. A ratio of 1 means a company's assets are equal to its liabilities. 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. NASDAQ data is at least 15 minutes delayed. * indicates the important links in the menu. Delayed quotes by Sungard. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. See rankings and related performance below. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). So be sure to compare it to its group when comparing stocks in different industries. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. NYSE and AMEX data is at least 20 minutes delayed. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. But note, different industries have different margin rates that are considered good. 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. The technique has proven to be very useful for finding positive surprises. * indicates the important links in the menu. Learn more about Zacks Equity Research reports. But they all have their place in the Growth style. 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