NASDAQ:AMGNAmgen Stock Price, Forecast & News

Amgen's stock was trading at $198.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AMGN shares have increased by 30.1% and is now trading at $258.52. View which stocks have been most impacted by Coronavirus.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amgen in the last year. There are currently 1 sell rating, 11 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Amgen.

Amgen is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Amgen.

Amgen, Inc. (NASDAQ:AMGN) issued its quarterly earnings results on Thursday, April, 30th. The medical research company reported $4.17 EPS for the quarter, topping analysts' consensus estimates of $3.70 by $0.47. The medical research company had revenue of $6.16 billion for the quarter, compared to analysts' expectations of $6.01 billion. Amgen had a return on equity of 90.75% and a net margin of 32.03%. The business's revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the company posted $3.56 earnings per share. View Amgen's earnings history.

Amgen declared a quarterly dividend on Wednesday, March 4th. Investors of record on Monday, May 18th will be given a dividend of $1.60 per share on Monday, June 8th. This represents a $6.40 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, May 15th. View Amgen's dividend history.

Amgen updated its FY20 earnings guidance on Thursday, April, 30th. The company provided EPS guidance of $14.85-15.60 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $15.34. The company issued revenue guidance of $25.0-25.6 billion, compared to the consensus revenue estimate of $25.21 billion.

28 Wall Street analysts have issued 12-month target prices for Amgen's shares. Their forecasts range from $185.00 to $291.00. On average, they anticipate Amgen's stock price to reach $246.08 in the next year. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Amgen.

News stories about AMGN stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Amgen earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news articles about the medical research company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Amgen.

Some companies that are related to Amgen include Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Alexion Pharmaceuticals (ALXN), BioMarin Pharmaceutical (BMRN), Incyte (INCY), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Immunomedics (IMMU), Ionis Pharmaceuticals (IONS) and Exelixis (EXEL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Amgen investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Gilead Sciences (GILD) and AbbVie (ABBV).

Amgen trades on the NASDAQ under the ticker symbol "AMGN."

Amgen's stock is owned by a variety of retail and institutional investors. Top institutional investors include Birch Capital Management LLC (0.00%), Gantzert Investment Co. LLC ADV (0.00%), Thomasville National Bank (0.00%), M&R Capital Management Inc. (0.00%) and Ellenbecker Investment Group (0.00%). Company insiders that own Amgen stock include Cynthia M Patton, David Piacquad, David W Meline, Jonathan P Graham, R Sanders Williams, Ronald D Sugar, Sean E Harper and Tyler Jacks. View institutional ownership trends for Amgen.

AMGN stock was sold by a variety of institutional investors in the last quarter, including Thomasville National Bank, M&R Capital Management Inc., and Gantzert Investment Co. LLC ADV. Company insiders that have sold Amgen company stock in the last year include Cynthia M Patton, David Piacquad, David W Meline, Jonathan P Graham, R Sanders Williams, and Ronald D Sugar. View insider buying and selling activity for Amgen.

AMGN stock was purchased by a variety of institutional investors in the last quarter, including Ellenbecker Investment Group, and Birch Capital Management LLC. View insider buying and selling activity for Amgen.

Shares of AMGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AMGN stock can currently be purchased for approximately $258.52.

Amgen has a market capitalization of $152.07 billion and generates $23.36 billion in revenue each year. The medical research company earns $7.84 billion in net income (profit) each year or $14.82 on an earnings per share basis. Amgen employs 23,400 workers across the globe.

The official website for Amgen is www.amgen.com.

Amgen's mailing address is ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA, 91320. The medical research company can be reached via phone at 805-447-1000 or via email at [email protected]