U.S. Markets open in 4 hrs 35 mins

Novartis’s Valuation and Analysts’ Recommendations on April 11

Mike Benson
Novartis’s Valuation and Analysts’ Recommendations on April 11

Novartis AG (NVS) reported EPS (earnings per share) of $1.21 on revenue of ~$12.9 billion in 4Q17, a 5% rise compared to $12.3 billion in 4Q16. Novartis is expected to report revenue of $12.5 billion in 1Q18 compared to $11.5 billion in 1Q17. On April 11, 2018, Novartis was trading at a forward PE of ~14.9x.