AbbVie (NYSE:ABBV – Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 10.380-10.580 for the period, compared to the consensus estimate of 11.990. The company issued revenue guidance of -. AbbVie also updated its Q3 2025 guidance to 1.740-1.780 EPS.
AbbVie Stock Performance
Shares of ABBV stock opened at $234.07 on Friday. The firm’s 50 day moving average is $210.77 and its 200 day moving average is $195.90. The stock has a market capitalization of $413.49 billion, a P/E ratio of 111.46, a PEG ratio of 1.37 and a beta of 0.51. AbbVie has a 12 month low of $163.81 and a 12 month high of $244.81. The company has a current ratio of 0.74, a quick ratio of 0.61 and a debt-to-equity ratio of 44.14.
AbbVie (NYSE:ABBV – Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $2.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.24 by ($0.27). The business had revenue of $15.42 billion for the quarter, compared to the consensus estimate of $14.93 billion. AbbVie had a net margin of 6.45% and a return on equity of 699.66%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.65 EPS. On average, sell-side analysts anticipate that AbbVie will post 12.31 earnings per share for the current year.
AbbVie Dividend Announcement
Analysts Set New Price Targets
ABBV has been the subject of a number of recent analyst reports. BMO Capital Markets lifted their target price on AbbVie from $215.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Daiwa America raised shares of AbbVie from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 7th. JPMorgan Chase & Co. upped their target price on shares of AbbVie from $200.00 to $235.00 and gave the stock an “overweight” rating in a report on Tuesday, September 16th. Cantor Fitzgerald raised their price target on shares of AbbVie from $215.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, September 15th. Finally, Hsbc Global Res cut shares of AbbVie from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Four research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $228.22.
Read Our Latest Stock Analysis on ABBV
Insider Buying and Selling at AbbVie
In related news, EVP Azita Saleki-Gerhardt sold 42,370 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $198.42, for a total value of $8,407,055.40. Following the transaction, the executive vice president owned 177,292 shares of the company’s stock, valued at $35,178,278.64. This represents a 19.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nicholas Donoghoe sold 13,295 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $198.51, for a total value of $2,639,190.45. Following the sale, the executive vice president owned 58,247 shares in the company, valued at $11,562,611.97. The trade was a 18.58% decrease in their position. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by insiders.
Institutional Trading of AbbVie
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. raised its stake in shares of AbbVie by 41.8% during the second quarter. Raymond James Financial Inc. now owns 9,337,480 shares of the company’s stock worth $1,733,222,000 after acquiring an additional 2,753,312 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of AbbVie by 3.9% during the 2nd quarter. Corient Private Wealth LLC now owns 2,380,205 shares of the company’s stock valued at $442,528,000 after purchasing an additional 90,160 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of AbbVie by 3.7% during the 2nd quarter. Captrust Financial Advisors now owns 1,436,527 shares of the company’s stock valued at $266,648,000 after purchasing an additional 51,551 shares during the last quarter. Worldquant Millennium Advisors LLC raised its position in AbbVie by 117.3% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,135,034 shares of the company’s stock worth $210,685,000 after purchasing an additional 612,702 shares during the period. Finally, State of Tennessee Department of Treasury lifted its stake in AbbVie by 4.8% in the second quarter. State of Tennessee Department of Treasury now owns 656,273 shares of the company’s stock worth $121,817,000 after purchasing an additional 30,199 shares during the last quarter. Hedge funds and other institutional investors own 70.23% of the company’s stock.
AbbVie Company Profile
AbbVie Inc discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers.
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