AstraZeneca PLC, a biopharmaceutical company, focuses on the discovery, development, manufacture, and commercialization of prescription medicines. The company’s marketed products include Tagrisso, Imfinzi, Lynparza, Calquence, Enhertu, Orpathys, Truqap, Zoladex, Faslodex, Farxiga, Brilinta, Lokelma, Roxadustat, Andexxa, Crestor, Seloken, Onglyza, Bydureon, Fasenra, Breztri, Symbicort, Saphnelo, Tezspire, Pulmicort, Bevespi, and Daliresp for cardiovascular, renal, metabolism, and oncology. Its marketed products also comprise Vaxzevria, Beyfortus, Synagis, FluMist, Soliris, Ultomiris, Strensiq, Koselugo, and Kanuma for covid-19 and rare disease. The company serves primary care and specialty care physicians through distributors and local representative offices in the United Kingdom, rest of Europe, the Americas, Asia, Africa, and Australasia. It has a collaboration agreement with Neurimmune AG to develop and commercialize NI006; BenevolentAI for drug discovery for systemic lupus erythematosus; Lunit for developing AI-Powered Digital Pathology Risk Assessment Tools for NSCLC; and Absci Corporation for AI-driven drug discovery against an oncology target. The company was formerly known as Zeneca Group PLC and changed its name to AstraZeneca PLC in April 1999. AstraZeneca PLC was incorporated in 1992 and is headquartered in Cambridge, the United Kingdom.
Oncology Powerhouse | AstraZeneca's robust oncology portfolio and pipeline drive growth, with key drugs like Enhertu and Imfinzi showing promising results in various cancer treatments |
Financial Strength | Raised guidance for 2024 reflects confidence, with total revenue and core earnings expected to grow in mid-teens percentage at constant exchange rates |
Strategic Expansion | Explore AstraZeneca's moves into earlier treatment lines and new therapeutic modalities, including antibody-drug conjugates and CAR-T cell therapies |
Market Valuation | Analysts set price targets ranging from $82 to $89, with AstraZeneca appearing undervalued based on InvestingPro's Fair Value analysis |
Metrics to compare | AZN | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipAZNPeersSector | |
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P/E Ratio | 31.6x | 15.1x | −0.6x | |
PEG Ratio | 1.75 | 0.03 | 0.00 | |
Price/Book | 5.4x | 3.6x | 2.6x | |
Price / LTM Sales | 4.1x | 2.4x | 3.1x | |
Upside (Analyst Target) | 20.9% | 42.1% | 48.2% | |
Fair Value Upside | Unlock | 33.1% | 8.0% | Unlock |