Peabody Early PForecast of PFE Prices (1999-2015)
Ae1002 <<BigK, Do you have a guess as to what the PFE price will be in 2005, 2010 (or any future date)? As a long time PFE share-holder I am very interested in what the future price may be. I know that there are an amazing amount of variables involved (FDA approval, drugs in development, stock market ups and downs, etc.), but could you use your model to attempt to predict future prices such as this? >>
Ae: Now you are asking for the impossible!! So of course, it's time for Mr. Peabody!!!!
Have PFun!
BigKNY3
Peabody Early PForecast of PFE Prices (1999-2015)
During the last 11 years, PFE has averaged a 31.6% annual growth....not too shabby!!! If you make the big assumption that this average growth rate will continue through 2015, listed below are the projected PFE end of the year prices (not adjusted for splits), growth rates as compared to the 12/31/98 close (125). The market value of 100 PFE shares purchased on January 4, 1998 @ 125($12,500) is also forecasted for the next 17 years.
12/31 PFE % Change Market Value
Year Price over 1998 100 shares
1998 125 0% $12,500
1999 165 32% $16,451
2000 217 73% $21,652
2001 285 128% $28,496
2002 375 200% $37,504
2003 494 295% $49,359
2004 650 420% $64,962
2005 855 584% $85,497
2006 1,125 800% $112,523
2007 1,481 1085% $148,093
2008 1,949 1459% $194,906
2009 2,565 1952% $256,517
2010 3,376 2601% $337,604
2011 4,443 3455% $444,323
2012 5,848 4578% $584,777
2013 7,696 6057% $769,630
2014 10,129 8003% $1,012,916
2015 13,331 10565% $1,333,106 |
