April 30, 2017

Teva Pharmaceutical Industries Limited (TEVA) Shares Sold by Loudon Investment Management LLC

15 February 2017, 12:51 | Ignacio Smith

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Magnifying glass on top of financial report

The stock has 52-week high of $59.35 and 52-week low of $31.9. The company provided EPS guidance of $4.90-5.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.89. 6,110,029 shares of the company were exchanged. Deutsche Bank AG set a $68.00 price target on shares of Teva Pharmaceutical Industries Limited and gave the stock a "buy" rating in a research note on Saturday, October 15th.

Teva reiterated its 2017 prediction of EPS in the range of $4.90 - $5.30 on $23.8 billion - $24.5 billion revenue. Its last 5-Year EPS growth stands at -13.10%; with earnings growth of 194.70% yoy. The companys revenue was up 15.3% compared to the same quarter past year.

Teva Pharmaceutical Industries Limited (NYSE:TEVA)'s stock had its "outperform" rating reissued by stock analysts at RBC Capital Markets in a research report issued to clients and investors on Tuesday. Teva Pharmaceutical Industries Limited's quarterly revenue was up 33.0% compared to the same quarter past year. The stock recently closed its previous session at $34 by showing a percentage change of 5.62% from its previous day closing price of $32.19.

Teva earned $1.38 per share excluding one-time items in the fourth quarter, up from $1.28.

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Teva Pharmaceutical Industries Limited (NYSE:TEVA) has a market capitalization of 34.51 Billion. Mizuho downgraded shares of Teva Pharmaceutical Industries Limited from a "buy" rating to an "underperform" rating and decreased their price objective for the company from $40.00 to $27.00 in a research report on Friday. Analyst's mean target price for TEVA is $42.70 while analysts mean recommendation is 2.20. Morgan Stanley downgraded shares of Teva Pharmaceutical Industries Limited from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $63.00 to $42.00 in a research report on Wednesday, November 16th. However brokerage recommendations suggests an ABR of 2.19 based on calls of 16 experts, where 6 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 9 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell. Non-GAAP earnings per share was $1.38, up from $1.28 in the corresponding quarter of 2015 and higher than the analysts' estimate of $1.36. Revenue grew 33 percent to $6.5 billion, primarily due to the inclusion of $630 million from the Actavis acquisition. The stock presently has an average rating of Buy and a consensus target price of $53.73.

It will pay an unchanged quarterly dividend of 34 cents per ordinary share and $17.50 per mandatory convertible preferred share. Investors of record on Thursday, March 2nd will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 4.00%. If you are reading this news story on another website, it was copied illegally and reposted in violation of global copyright and trademark laws. The correct version of this report can be viewed at Teva Pharmaceutical Industries Limited's payout ratio is now 67.44%. The Company operates through two segments: Generic medicines and Specialty medicines.

Yitzhak Peterburg took over as interim president and CEO of Teva, and the company has indicated that it is still searching for a permanent replacement for Vigodman. "While we continue to manage through a turbulent and constantly evolving industry, we are committed to execute against our strategy with more diversified revenue sources and profit streams, all backed by strong product development engines in both generics and specialty". It has a global portfolio of approximately 1,000 molecules.

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