Teva Pharmaceutical Industries (NYSE:TEVA) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, August 7th. Analysts expect Teva Pharmaceutical Industries to post earnings of $0.55 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of NYSE:TEVA opened at $7.83 on Tuesday. The company’s 50 day moving average is $8.49. The company has a market cap of $7.97 billion, a P/E ratio of 2.80, a PEG ratio of 0.82 and a beta of 1.64. The company has a current ratio of 0.96, a quick ratio of 0.62 and a debt-to-equity ratio of 1.66. Teva Pharmaceutical Industries has a 12-month low of $7.46 and a 12-month high of $25.96.
A number of research analysts recently issued reports on the company. Oppenheimer set a $12.00 price objective on Teva Pharmaceutical Industries and gave the company a “buy” rating in a research note on Wednesday, June 12th. Wolfe Research assumed coverage on Teva Pharmaceutical Industries in a research note on Friday, July 19th. They set a “peer perform” rating and a $9.00 price objective for the company. Royal Bank of Canada set a $19.00 price objective on Teva Pharmaceutical Industries and gave the company a “hold” rating in a research note on Friday, May 3rd. Credit Suisse Group reissued a “neutral” rating on shares of Teva Pharmaceutical Industries in a report on Wednesday, July 10th. Finally, Cantor Fitzgerald lowered their price target on Teva Pharmaceutical Industries from $16.00 to $9.00 and set a “neutral” rating on the stock in a report on Wednesday, June 12th. Six equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $14.87.
Teva Pharmaceutical Industries Company Profile
Teva Pharmaceutical Industries Limited, a pharmaceutical company, develops, manufactures, markets, and distributes generic medicines and a portfolio of specialty medicines worldwide. It operates through two segments, Generic Medicines and Specialty Medicines. The Generic Medicines segment offers sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances in various dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments, and creams.
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