Earlier this month Teva provided a disappointing forecast for 2017, saying it expects earnings per share of US$4.90-US$5.30 on revenue of US$23.8 billion-US$24.5 billion. However a year ago for the same quarter the company has reported $1.28 EPS.
Teva Pharmaceutical Industries Limited (NYSE:TEVA) share price Jumped 1.95% to reach $34.59 during the last trading session. On Friday, January 20 the stock rating was downgraded by JP Morgan to "Neutral". A significant increase in trading volume means that more than double the average amount of stocks are moving.
Price Target plays a critical role when it comes to the Analysis of a Stock. ABR value is precisely based on brokerage recommendations, where out of 17 brokerage recommendations 6 rate Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) stock a Strong Buy, 1 rate the stocks of the company a Buy, 10 rate Hold, 0 rate Sell and 0 recommend a Strong Sell.
Teva Pharmaceutical Industries Limited (NYSE:TEVA) has the market capitalization of $34.23 Billion.
Current levels places Teva Pharmaceutical Industries Limited (NYSE:TEVA)'s stock about -14.45% from the 50-day high and 4.05% away from the 50-day low. The firm has a 50-day moving average price of $35.45 and a 200-day moving average price of $44.14. But the market seems to have already priced that in the company's shares.
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Teva Pharmaceutical Industries Limited (NYSE:TEVA) last announced its quarterly earnings results on Tuesday, November 15th. EPS growth in past five years was -13.10% while EPS growth in next five years is projected to arrive at 0.60%. While for the next 5 years, the growth estimate is 0.6%. The companys revenue was up 15.3% compared to the same quarter past year. During the same quarter in the previous year, the business posted $1.35 EPS. Firm quarterly performance is 32.34%. Shareholders of record on Monday, December 5th were given a $0.34 dividend. RBC Capital Markets maintained Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) rating on Wednesday, July 29.
The pharmaceutical company also challenged the '776 patent in an IPR proceeding and the board is expected to issue its institution ruling by May 16, 2017.
Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) shares moved to $15.10 on Monday. They now have a Dollars 47 price target on the stock.
Teva Pharmaceutical Industries Limited on 11/15/2016 reported its EPS as $1.31 with the analysts projecting the EPS of the stock as $1.28. $86 is the highest target while $40 is the lowest. Krilogy Financial LLC now owns 2,635 shares of the company's stock worth $132,000 after buying an additional 25 shares during the period. Finally, WESPAC Advisors SoCal LLC raised its position in shares of Teva Pharmaceutical Industries Limited by 1.4% in the second quarter. Now shares have been rated as Buy from 3 brokerage firms and 27 brokerage firms say as Strong Buy. The Company is engaged in developing, producing and marketing generic medicines and a portfolio of specialty medicines.
"They should split up the company into two separate companies: a generics company and a branded specialty company". It has a global portfolio of approximately 1,000 molecules.