
Astrazeneca Plc (NYSE:AZN – Free Report) – Erste Group Bank lowered their FY2026 EPS estimates for shares of Astrazeneca in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the company will earn $10.25 per share for the year, down from their prior estimate of $10.33. The consensus estimate for Astrazeneca’s current full-year earnings is $10.22 per share.
Astrazeneca (NYSE:AZN – Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The company reported $2.63 EPS for the quarter, beating the consensus estimate of $2.50 by $0.13. Astrazeneca had a return on equity of 31.45% and a net margin of 17.02%.The firm had revenue of $15.38 billion during the quarter, compared to analysts’ expectations of $15.44 billion. During the same quarter last year, the firm earned $2.17 earnings per share. The business’s revenue for the quarter was up 6.4% on a year-over-year basis.
View Our Latest Stock Report on AZN
Astrazeneca Stock Performance
NYSE AZN opened at $161.80 on Tuesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.67 and a current ratio of 0.89. The stock’s fifty day moving average is $175.98 and its two-hundred day moving average is $186.98. The firm has a market capitalization of $250.94 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 1.39 and a beta of 0.26. Astrazeneca has a fifty-two week low of $145.79 and a fifty-two week high of $212.71.
Hedge Funds Weigh In On Astrazeneca
Hedge funds have recently bought and sold shares of the company. IHT Wealth Management LLC increased its stake in Astrazeneca by 0.3% during the 4th quarter. IHT Wealth Management LLC now owns 17,527 shares of the company’s stock worth $3,076,000 after buying an additional 54 shares during the period. Visionary Wealth Advisors grew its stake in shares of Astrazeneca by 1.5% in the fourth quarter. Visionary Wealth Advisors now owns 4,197 shares of the company’s stock worth $737,000 after acquiring an additional 60 shares in the last quarter. Vista Investment Management grew its stake in shares of Astrazeneca by 0.3% in the fourth quarter. Vista Investment Management now owns 21,215 shares of the company’s stock worth $3,723,000 after acquiring an additional 60 shares in the last quarter. Kestra Investment Management LLC increased its position in shares of Astrazeneca by 1.9% during the fourth quarter. Kestra Investment Management LLC now owns 3,391 shares of the company’s stock worth $595,000 after acquiring an additional 63 shares during the period. Finally, Luken Investment Analytics LLC increased its position in shares of Astrazeneca by 4.3% during the fourth quarter. Luken Investment Analytics LLC now owns 1,564 shares of the company’s stock worth $274,000 after acquiring an additional 64 shares during the period. Institutional investors and hedge funds own 20.35% of the company’s stock.
About Astrazeneca
AstraZeneca plc is a global biopharmaceutical company headquartered in Cambridge, England. Formed through the 1999 merger of Sweden’s Astra AB and the UK’s Zeneca Group, the company researches, develops, manufactures and commercializes prescription medicines across a range of therapeutic areas. AstraZeneca positions itself as R&D-driven, investing in discovery science, clinical development and regulatory processes to bring new therapies to market.
The company’s commercial portfolio and late-stage pipeline emphasize oncology, cardiovascular, renal and metabolic (CVRM) diseases, and respiratory and immunology.
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