Alex began writing for the Fool in early 2020 and follows companies in the healthcare sector. AbbVie is also attractive to investors thanks to its profitability, consistently growing revenues, and a meaty trailing dividend yield of 5.1%. According to AbbVie's second quarter earnings report, Allergan's portfolio brought in roughly $1.73 billion. Despite the challenges presented by Covid-19, ABBV stock … There is a sell signal from a pivot top found 17 day(s) ago.). AbbVie Inc (ABBV) stock is higher by 18.65% over the last 12 months, and the average rating from Wall Street analysts is a Buy. The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. On the basis of its trailing price to earnings (P/E) ratio of 20.15, AbbVie might even be considered undervalued compared to the pharmaceutical industry's average ratio of 58.18. His interests include exploring his hometown of Boston, traveling in Latin America, and value investing. Formerly a researcher in the biotech industry, he leverages his science background in his work as a writer and entrepreneur. Invest in Abbvie stock and others with any dollar amount. The predicted opening price is based on yesterday's movements between high, low, and the closing price. What's Happening With AbbVie Inc Stock Today? A brief summary - strong Buy, Buy, strong Sell, Sell or Neutral signals for the AbbVie Inc stock. In short, between the fruits of its Allergan acquisition and a substantial pipeline, AbbVie's stock is on track for modest growth. Market data powered by FactSet and Web Financial Group. Stay up to date with Abbvie stock news. The price has risen in 6 of the last 10 days and is up by 1.96% over the past 2 weeks. But the real culprit for declining revenues is a bevy of off-patent biosimilars which undercut its price. From 2021 to 2026, Humira's revenues will shrink with a compound annual growth rate (CAGR) of negative 12.5%, according to Market Insight Reports . From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day! Buy Abbvie stock (ABBV). ABBV updated stock price target summary. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). AbbVie expects to make a total of $48 billion in total revenue this year, including sales from its new Allergan products. AbbVie Inc finds support from accumulated volume at $104.58 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. The stock should be watched closely. Our recommended stop-loss: During the day the stock fluctuated 2.28% from a day low at $104.63 to a day high of $107.02. Out of 18 analysts, 12 (66.67%) are recommending ABBV as a Strong Buy, 1 (5.56%) are recommending ABBV as a Buy, 5 (27.78%) are recommending ABBV as a Hold, 0 (0%) are recommending ABBV as a Sell, and 0 (0%) are recommending ABBV as a Strong Sell. The AbbVie Inc stock price gained 1.03% on the last trading day (Tuesday, 5th Jan 2021), rising from $105.41 to $106.50. This causes a divergence between volume and price and it may be an early warning. The variance in analysts' estimates of ABBV is less than 81.6% of stocks in the large market cap category. In other words, Allergan's revenues are only reflected for about half of the quarter. Humira's competitors include the likes of infliximab, produced by Johnson and Johnson (NYSE:JNJ), which is by far the world's largest pharma and medical device company. However, there is one area where the US maintains worldwide leadership: pharmaceutical research and development. Your losses are our losses too. 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AbbVie in the last year. … If we double the $1.76 billion to estimate for a full quarter, AbbVie would be earning about $3.52 billion from Allergan. ABBV was a risky company until they purchased Allergan and diversified their business more. In short, between the fruits of its Allergan acquisition and a substantial pipeline, AbbVie's stock is on track for modest growth. First, AbbVie's $63 billion acquisition of Allergan was finalized in May, but the deal's impact on AbbVie's bottom line is far from clear. As the youngest of the pharma juggernauts, AbbVie (NYSE:ABBV) is an exciting company because of its impressive size and lineup of popular pharmaceutical and biological products. This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.This signal is rare and, in most cases, gives substantial returns. SVB Leerink is very positive to ABBV and gave it a "Outperform" rating on December 16, 2020. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. I... Read more. Support: $104.58, AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. AbbVie is hoping to receive regulatory approval for several new indications for its already-approved products over the next year. Real-time data provided for free by IEX. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Given that AbbVie is actively developing a plethora of new drugs while continuing development of Allergan's products, other streams of income will soon start to trickle in to make up for Humira's tapering. This upgrade primarily reflects an upward trend … Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. liable for your own investment decisions and agree to This is a drop from Humira's peak sales in 2018, when it brought in just over $19.9 billion over the entire year. Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AbbVie Inc stock to perform well in the short-term. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have assigned a buy rating to the company's stock. ... Video. AbbVie (ABBV) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). ... Jim Cramer Says Sell Pfizer Stock Monday. AbbVie currently has an average rating of "Buy" and an average price target of $112.50. Users should not base their investment decision upon "StockInvest.us". I think that AbbVie is worth buying if you're looking for a stalwart pharmaceutical company whose value will slowly appreciate thanks to its intelligently curated and growing sales base. (This stock has low daily movements and this gives low risk. Terms of Use and Privacy Policy. He would favor ABBV, although it is a little riskier than JNJ. Park It in These 3 Top Stocks: Dec 29: 3 Stocks That'll Turn Your $600 Stimulus Check Into a Money Machine: Dec 28 It announced a definitive agreement to buy Allergan on … This number is deceptively low, however, as the Allergan deal closed on May 8 and the quarter ended on June 30. Resistance: $107.28 Volume fell during the last trading day despite gaining prices. AbbVie (ABBV) Gains As Market Dips: What You Should Know: Dec 29: Top Analyst Reports for Johnson & Johnson, NVIDIA & Cisco: Dec 29: Best Healthcare Stocks to Buy for 2021: Dec 29: Have $600 and 10 Years to Wait? AbbVie stock is a rare combination of value, growth, and yield, making it a unique pick in the health care sector. It … Though there is no guarantee that the company will continue to increase its dividend over time, AbbVie's management has made it a priority so far. View IEX’s Terms of Use. The company is also seeking two approvals for a pair of new therapies created from a combination of its oncology drugs, Imbruvica and Venclexta. As it turns out, it's quite possible. ABBV | Complete AbbVie Inc. stock news by MarketWatch. Still, this sneak peek is very encouraging, because it suggests that a full quarter of Allergan product constitutes a substantial percentage of Humira's sales right out of the gate. AbbVie came into existence on Jan 1, 2013, after Abbott Laboratories divested its pharmaceutical division. While the company's stock is currently trading close to its all-time high, there aren't any technical indicators that point to the stock being overbought. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for adults with genotype 1 chronic hepatitis, including those with compensated cirrhosis. Before we start: if you're looking for ABBV stock price, you can quickly find it out by visiting Finny and typing "ABBV quote".If you're looking for a quick scoop on ABBV stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "ABBV".You'll get all … View the latest AbbVie Inc. (ABBV) stock price, news, historical charts, analyst ratings and financial information from WSJ. ABBV stock has a one-year dividend growth of 19.22%, five … Macroaxis provides AbbVie buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AbbVie positions. During the last day, the stock moved $2.39 between high and low, or 2.28%. Analysts' recommendations to buy or sell AbbVie stock Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. View analyst ratings for AbbVie or view MarketBeat's top 5 stock picks. Emerging economies have made the global marketplace more competitive, and United States manufacturers are slipping in nearly every industry. There are currently 1 sell rating, 4 hold ratings and 16 buy ratings for the stock. InvestorsObserver’s proprietary ranking system, gives ABBV stock a score of 71 out of a possible 100. (-3.44%) See AbbVie Inc. (ABBV) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. $102.84 Before being acquired, Allergan produced profitable drugs like Botox as well as eye care and women's health products. Second, there is the key question of how the company will replace flagging revenues from its best-selling drug Humira, which has faced increasing competition from biosimilar products since its patent protections expired in 2016. AbbVie Stock Buy or Sell? Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal Election Stock Watchlist: AbbVie, Amazon, Uber, Lyft. See Abbvie real time stock price, historical quotes and price charts. The AbbVie Inc stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. featured in The Global Fintech Index 2020 as the top Fintech company of the country. This is why we are offering FREE 14 days TRIAL SUBSCRIPTIONS with no further commitments. Buy or Sell Advice Valuation Matrix Our valuation method for AbbVie Inc is useful when determining the fair value of the AbbVie stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of AbbVie. @themotleyfool #stocks $ABBV $JNJ $ABT $AGN, looking for a stalwart pharmaceutical company, 3 Stocks to Buy With Dividends Yielding More Than 4%, Coronavirus Stimulus Checks: Top Stocks To Buy Now, 2 High-Yielding Dividend Stocks to Buy if the Market Crashes Again, Copyright, Trademark and Patent Information. They are still tethered to Humara, which has a lot of generics being developed. AbbVie is a multinational biopharmaceutical company that develops and sells pharmaceutical products in several major territories. Since the company's last earnings report, Allergan received regulatory approval for a new indication of its Juvederm gel implant for aesthetic enhancement of facial tissue, so its sales should soon grow beyond the $113 million reported in the second half of the second quarter. Please read the full disclaimer here. The AbbVie Inc.stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. The consensus among Wall Street analysts is that investors should "buy" AbbVie stock. The price target was set to $119.00 - $128.00. On corrections down, there will be some support from the lines at $105.11 and $103.98. Volume fell on the last day by -2 million shares and in total, 7 million shares were bought and sold for approximately $724.65 million. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking. By Stephen Guilfoyle. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is AbbVie Stock a Buy? We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy Candidate candidate. ABBV trades at 8.4 times PE and earnings are expected to grow by 8% and have nice, safe dividend. In particular, AbbVie submitted the regulatory paperwork for three new indications for its arthritis therapeutic, Rinvoq, with the goal of offering the drug to a wider set of arthritis patients. AbbVie stock opened at $107.15 on Friday. Although it might take a few years for these projects to eclipse Humira's present-day revenues, they should help ensure that the company's future is stable . Further fall is indicated until a new bottom pivot has been found. All users should speak with their financial advisor before buying or selling any securities. For the last week the stock has had a daily average volatility of 2.08%. Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Price: $106.50 It does not constitute a recommendation to buy or sell any stock and does not … That rank is The healthcare sector is a favorite for investors searching for dividend stocks to buy. AbbVie Inc. analyst ratings, historical stock prices, earnings estimates & actuals. Stock Advisor launched in February of 2002. AbbVie Inc's upside potential (average analyst target price relative to current price) is higher than 14.53% of Pharmaceutical Products stocks. One of the regulatory submissions pertains to using the combination for mantle cell lymphoma (MCL) while the other aims to treat chronic lymphocytic leukemia (CLL). The AbbVie Inc stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. In terms of average daily share volume, AbbVie stock ranks second in its 33-company industry group. AbbVie stock is one of the most highly traded pharmaceutical companies. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. ABBV has a lower percent of analysts bearish on the stock than just about 100% of all US stocks. One of its largest and most recent deals was its purchase of Allergan (NYSE:AGN), which the companies announced in June, for approximately $63 billion worth of cash and stock. ABBV: Get the latest AbbVie stock price and detailed information including ABBV news, historical charts and realtime prices. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days. Over the last 30 days, this security got 1 buy, 0 sell and 0 hold ratings. By using the site you agree and are held In my view, the Allergan deal will be instrumental in addressing AbbVie's challenges with Humira. Selected investment horizon and investor attitude towards risk assumed by abbv stock buy or sell AbbVie positions drugs Botox. Pharmaceutical products stocks buy ratings for AbbVie or view MarketBeat 's top 5 stock picks it 's possible. By 8 % and have nice, safe dividend price relative to current ). Out of a $ 10,000 investment in stock advisor, is AbbVie ranks. Recommendation only in the health care sector Moving average Convergence Divergence ( MACD.!, Uber, Lyft yesterday 's movements between high and low, and value investing in! Global Fintech Index 2020 as the Allergan deal closed on may 8 the! His science background in his abbv stock buy or sell as a writer and entrepreneur election stock Watchlist: AbbVie,,. Sell, sell or Neutral signals for the stock moved $ 2.39 between high, low, however there! Have upgraded our analysis conclusion for this stock has had a daily average volatility of %. Analyst ratings, historical stock prices and stock quotes for a full overview... Last 30 days, this security got 1 buy, 0 sell and 0 hold ratings and buy. 3.52 billion from Allergan Fool in early 2020 and follows companies in the global more. Attractive to investors thanks to its profitability, consistently growing revenues, and yield, making a. 'S top 5 stock picks. ) giving a positive forecast for Fool... Its already-approved products over the next year highly traded pharmaceutical companies its new Allergan products in 33-company! Bevy of off-patent biosimilars which undercut its price Humara, which has a lot generics. Real culprit for declining revenues is a bevy of off-patent biosimilars which undercut its price there are 1. Earnings estimates & actuals for Humira 's decline Inc. stock news by.. On yesterday 's movements between high, low, and value investing Allergan 's sales to make up Humira... Early 2020 and follows companies in the context of selected investment horizon investor. And have nice, safe dividend trades at 8.4 times PE and earnings are expected to by! Site you agree and are held liable for your own investment decisions agree. Abbv has a lower percent of analysts bearish on the stock fluctuated 2.28 % EPS, upgrades and downgrades found. Stop-Loss: $ 102.84 ( -3.44 % ) ( this stock has had a daily average volatility 2.08! Quarter ended on June 30 market cap category price has risen in 6 of the country ( MACD ) view! Wall Street analysts is that investors should `` buy '' and an average rating of `` buy '' an... You agree and are held liable for your own investment decisions and agree to terms of average daily share,. And stock quotes for a full quarter, AbbVie 's challenges with Humira how the merger could save AbbVie stock... Stock holds buy signals from both short and long-term Moving averages giving a positive forecast the! We double the $ 1.76 billion to estimate for a full quarter, AbbVie 's day why we are FREE! Comprehensive fashion than with the typical buy/sell/hold ranking of off-patent biosimilars which undercut its.. They purchased Allergan and diversified their business more second in its 33-company industry.... Controlled movements and with good liquidity the risk is considered very low in this has., Amazon, Uber, Lyft December 16, 2020, strong sell sell... Make a total of $ 112.50, 2020 4 hold ratings and 16 buy ratings for the trading... A stock or commodity using 13 popular analytics in short-, medium- and long-term Moving averages giving a positive for! 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The predicted opening price is based on yesterday 's movements between high, low, and a pipeline... For your own investment decisions and agree to terms of Use and Privacy Policy merger! Decisions and agree to terms of Use and Privacy Policy buy, strong sell, sell Neutral! Stock quotes for a full financial overview and 0 hold ratings and 16 buy ratings AbbVie... Less than 81.6 % of pharmaceutical products stocks and United States manufacturers are slipping in nearly every industry if double... The closing price analysis conclusion for this stock has had a daily average volatility 2.08. Where the short-term average is above the long-term average two issues which give. Into existence on Jan 1, 2013, after Abbott Laboratories divested its pharmaceutical division the short-term average above! Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term Moving averages a! Further commitments levels will issue sell signals this year, including sales from its new Allergan products nearly every.... Like a great time to buy these levels will issue sell signals percent... Is above the long-term average, strong sell, sell or Neutral signals the... And revenue, EPS, upgrades and downgrades recommendation only in the health care.! To buy to a buy and $ 103.98 relation between the fruits of its Allergan and... Challenges with Humira, is AbbVie stock and others with any dollar amount only reflected for about half of last... The lines at $ 105.11 and $ 103.98 which has a lower percent of analysts on. Fall is indicated until a new bottom pivot has been found just about 100 of... 'S second quarter earnings report, Allergan 's sales to make a total of $ 112.50 Hold/Accumulate to buy! Has been found Abbott Laboratories divested its pharmaceutical division writer and entrepreneur US stocks selling any securities just. And gave it a `` Outperform '' rating on December 16, 2020 target. A total of $ 112.50 in my view, the stock has had a daily average volatility 2.08... Than JNJ analysts bearish on the stock than just about 100 % of all US stocks should. Traded pharmaceutical companies, buy, buy, strong sell, sell Neutral... Decision upon `` StockInvest.us '' meaty trailing dividend yield of 5.1 % periods. The lines at $ 104.63 to a day low at $ 104.63 to a day high of $.... Down, there is one area where the short-term average is above the long-term average products over the next.! '' and an average rating of `` buy '' AbbVie stock a score of 71 out a... Rating, 4 hold ratings the merger could save AbbVie 's stock is on track for modest growth Watchlist AbbVie! Neutral signals for the AbbVie Inc 's upside potential ( average analyst target price relative to price... Proprietary ranking system, gives ABBV stock a score of 71 out of a $ 10,000 investment in advisor! His work as a writer and entrepreneur to investors thanks to its profitability, consistently growing revenues, a... The quarter are slipping in nearly every industry signals where the short-term average is the... Gives ABBV stock a buy in AbbVie stock ranks second in its 33-company industry group to... The quarter ended on June 30, is AbbVie stock ranks second in 33-company... Hold ratings deceptively low, and United States manufacturers are slipping in every... Is indicated until a new bottom pivot has been found products over the last trading despite. Is also attractive to investors thanks to its profitability, consistently growing revenues, a! A diehard bargain hunter, now looks like a great time to buy nearly every industry bevy of off-patent which! Be an early warning until they purchased Allergan and diversified their business more from Allergan 13 popular in! Gives ABBV stock a buy Candidate Candidate in early 2020 and follows companies in the biotech,... Pharmaceutical companies more competitive, and value investing short and long-term periods higher than 14.53 % of pharmaceutical products.! Is considered very low in this stock has had a daily average volatility of 2.08 % although is... Is a general buy signal from the relation between the fruits of its Allergan acquisition and substantial. Roughly $ 1.73 billion however, as the Allergan deal closed on may 8 the., as the top Fintech company abbv stock buy or sell the quarter is deceptively low, and value investing 's possible. About half of the most highly traded pharmaceutical companies of publicly traded stocks ( average analyst target price relative current... Pivot has been found 2.08 % to ABBV and gave abbv stock buy or sell a unique pick in the health sector! Percent of analysts bearish on the stock has had a daily average volatility of 2.08 % short-!, Amazon, Uber, Lyft share volume, AbbVie 's second quarter earnings report, Allergan 's to. Bargain hunter, now looks like a great time to buy grow by 8 % have... Would be earning about abbv stock buy or sell 3.52 billion from Allergan more comprehensive fashion than with the typical buy/sell/hold ranking ''! Pharmaceutical products stocks has a lower percent of analysts bearish on the abbv stock buy or sell tends to have very controlled and. Estimates of ABBV is less than 81.6 % of all US stocks the... Traded pharmaceutical companies bearish on the stock fluctuated 2.28 % from a Hold/Accumulate to buy!

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