Pfizer stock: buy or sell

PFE stock price: $39.53 1.28% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

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Pfizer stock brief

  • Pfizer stock moved up 1.28% to close at $39.53 on the stock market today, after 10 consecutive sessions in green.
  • Pfizer is presenting its earnings report next Tuesday
  • The price is currently over the upper Bollinger band, which is usually an indicator of a short-term correction
  • On April 15, it broke out above $37.42, a resistance not crossed since last January.
  • Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

Should I buy Pfizer stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $PFE stock a buy?

Currently, Pfizer stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $PFE in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Pfizer stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. Much like when we have to buy shares, choosing when is appropiate to sell is not a whimsical decision, and we must follow our own trading strategy. Our trading system selects very simple setups to guide us on when is a good time to sell our shares. Be aware that these setups should not be used for shorting Pfizer stock

A golden rule is that you should never mantain an operation that produces losses greater than those expected at the time of purchase. The moment to sell your stock must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Pfizer stock?

Currently, Pfizer stock doesn't match any of our preferred sell setups, so if you own Pfizer stock and your operation is in profit probably is not time to sell now

Pfizer ratings

In the last month, 4 ratings were published for Pfizer

Pfizer analysts' ratings - Last 30 days
Brokerage firmRating
Mar 23rd, 2021
Berenberg Bank Neutral
Mar 26th, 2021
SVB Leerink
Apr 1st, 2021
SVB Leerink
Apr 7th, 2021
Royal Bank of Canada

Pfizer stock analysis

In late March, the price broke out above the previous top at $35.78 on the downtrend started in December 2020. Since then, the price action resulted in a 10.48% gain.

SMAs overview

PFE stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $40.40 (2.20% above)
  • R2: $42.62 (7.82% above)
  • The current supports are:

  • S1: $39.52 (-0.03% below)
  • S2: $39.43 (-0.25% below)
  • S3: $39.41 (-0.30% below)
  • Bollinger bands

    When the price moves out of the band (above the upper line or below the lower line) it indicates that the price action is currently having a very strong trend and therefore can reverse the trend to the average. For this case, the price is above the upper band, and that should mean a near-term correction (at least) until it is under the band

    PFE stock Bollinger Bands chart

    Relative strength index

    Broke through the overbought line Wednesday, with a reading of 82.64. Climbing above the overbought zone is not a sell signal, as stock price can be above the level of 70 for many, many weeks and continue to climb

    PFE stock RSI chart

    Pfizer stock price history

    Pfizer IPO was on Jun 1st, 1972 at $0.00 per share1. Since then, PFE stock has risen by -, with an average of 0.00% per year. An investment of $1,000USD on the IPO would be valued $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    PFE stock price history chart

    Price target for Pfizer stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations post their analysis predicting how a particular stock will performance in the future.

    The following table shows the price forecasts published by analysts in the last 30 days. If you are a small investor you should not invest based on these predictions.

    There are 4 price forecasts issued for Pfizer that average $39.50. Pfizer closed at $39.53 on Wednesday, that is a 0.08% than the predicted price.

    Pfizer stock price predictions
    Brokerage firmPrice target
    Mar 23rd, 2021
    Berenberg Bank $38.00
    Mar 26th, 2021
    SVB Leerink $40.00$39.00
    Apr 1st, 2021
    SVB Leerink $40.00$39.00
    Apr 7th, 2021
    Royal Bank of Canada $42.00

    Earnings and financials

    Pfizer ($PFE) is hosting the earnings call next Tuesday. Wall Street estimates of $0.78, compared to previous quarter that made $0.42.

    Last February, Pfizer ($PFE) had the quarterly earnings call and posted the report. Pfizer posted earnings of $0.42 per share on sales of $11.7 billion. The market estimate was $0.48 per share on revenue of $11.4 billion.

    This compares to Earnings of $0.55 per share same quarter last year, so current EPS means a drop of -23.64%. Looking at turnover, figures went down a -7.91% compared to $126.9B same quarter 12 months ago.

    Pfizer performance

    PFE performance compared
    Company1m3m6m
    Pfizer ($PFE) 10.40% 9.80% 12.40%

    Important:
    The viewpoints expressed in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not know the particular conditions of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for educative motives only

    Pfizer summary

    Wednesday, April 21st, 2021
    Open$39.14
    Close$39.53
    Day range$39.13 - $39.67
    Previous close$39.03
    Session gain1.28%
    Average true range$0.75
    50d mov avg$35.49
    100d mov avg$36.36
    200d mov avg$35.43
    Earnings dateApril 27th, 2021

    Frequently asked questions

    What is Pfizer stock symbol?

    Pfizer Inc. is a public company trading in the US stock market with the PFE symbol

    Is Pfizer stock a buy or sell?

    Pfizer received 4 ratings in the last 30 days: 0 bullish, 0 bearish and 1 neutral.

    Will PFE go up?

    Pfizer had different price predictions posted by analysts in the last 30 days forecasting the target price to $39.50. That is a 0.08% than the current price ($39.53).