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This move lagged the S&P 500's daily gain of 0.14%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq lost 0.33%.\nComing into today, shares of the drugmaker had gained 7.97% in the past month. In that same time, the Medical sector gained 3.52%, while the S&P 500 gained 4.32%.\nInvestors will be hoping for strength from Pfizer as it approaches its next earnings release. On that day, Pfizer is projected to report earnings of $0.88 per share, which would represent year-over-year growth of 109.52%. Meanwhile, our latest consensus estimate is calling for revenue of $24.08 billion, up 106.11% from the prior-year quarter.\nPFE's full-year Zacks Consensus Estimates are calling for earnings of $4.21 per share and revenue of $81.65 billion. These results would represent year-over-year changes of +89.64% and +71.37%, respectively.\nInvestors might also notice recent changes to analyst estimates for Pfizer. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.\nOur research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.\nThe Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.37% higher within the past month. Pfizer currently has a Zacks Rank of #3 (Hold).\nLooking at its valuation, Pfizer is holding a Forward P/E ratio of 13.77. This represents a discount compared to its industry's average Forward P/E of 13.84.\nIt is also worth noting that PFE currently has a PEG ratio of 1.3. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Large Cap Pharmaceuticals industry currently had an average PEG ratio of 2.12 as of yesterday's close.\nThe Large Cap Pharmaceuticals industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 161, which puts it in the bottom 37% of all 250+ industries.\nThe Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.\nTo follow PFE in the coming trading sessions, be sure to utilize Zacks.com.\nPfizer Inc. (PFE) - free report >>\nOur experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days.\nRecent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. See our report's 7 new picks today, absolutely FREE.\nThis page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.\nAt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.96% per year. These returns cover a period from January 1, 1988 through October 2, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.\n\nSource: Zacks Investment Research\n", "timestamp_ms": 1640817921000, "published_utc": "2021-12-29T22:45:21Z", "article_url": "https://www.zacks.com/stock/news/1845181/pfizer-pfe-stock-sinks-as-market-gains-what-you-should-know", "label_type": [ "[1][b] Stock Market Updates", "[2][c] Stock Recommendations" ], "label_time": [ "[2][a] Real-Time Market Developments" ], "label_sentiment": [ "[2][b] Mixed Outlook" ] }, "trend": { "input_percentage_change": 6.99850972654599, "input_bin_label": ">+4%", "output_percentage_change": -1.1950518168699984, "output_bin_label": "-2% ~ +2%", "overall_percentage_change": 6.423246033263237, "overall_bin_label": ">+4%" }, "technical": { "in_sma_10": [ 52.31, 52.922, 53.071333333333335, 53.2735, 53.4418, 53.50483333333333, 53.52697142857143, 53.4486, 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