Amphastar Pharmaceuticals (AMPH) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amphastar Pharmaceuticals in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMPH shares.
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3 Wall Street analysts have issued 12 month price targets for Amphastar Pharmaceuticals' shares. Their AMPH share price forecasts range from $36.00 to $44.00. On average, they expect the company's stock price to reach $40.00 in the next year. This suggests that the stock has a possible downside of 12.8%.
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Amphastar Pharmaceuticals' stock was trading at $28.02 at the beginning of 2023. Since then, AMPH stock has increased by 63.8% and is now trading at $45.89.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our AMPH earnings forecast.

Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) released its earnings results on Monday, November, 8th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.22. The company earned $112.20 million during the quarter, compared to analysts' expectations of $103 million. Amphastar Pharmaceuticals had a trailing twelve-month return on equity of 18.37% and a net margin of 17.96%. During the same period last year, the business posted $0.09 earnings per share.

ETFs with the largest weight of Amphastar Pharmaceuticals (NASDAQ:AMPH) stock in their portfolio include Invesco Dynamic Pharmaceuticals ETF (PJP), Janus Henderson Small Cap Growth Alpha ETF (JSML), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Health Care ETF (PSCH), First Trust Active Factor Small Cap ETF (AFSM), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and ERShares NextGen Entrepreneurs ETF (ERSX).

35 employees have rated Amphastar Pharmaceuticals Chief Executive Officer Jack Y. Zhang on Glassdoor.com. Jack Y. Zhang has an approval rating of 35% among the company's employees. This puts Jack Y. Zhang in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 48.0% of employees surveyed would recommend working at Amphastar Pharmaceuticals to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Amphastar Pharmaceuticals investors own include Cara Therapeutics (CARA), Gilead Sciences (GILD), Amicus Therapeutics (FOLD), Exelixis (EXEL), CNX Resources (CNX), Immunomedics (IMMU), AbbVie (ABBV), Cellectis (CLLS), Clovis Oncology (CLVS) and Galectin Therapeutics (GALT).

Amphastar Pharmaceuticals trades on the NASDAQ under the ticker symbol "AMPH."

Amphastar Pharmaceuticals' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.63%), Federated Hermes Inc. (7.03%), Dimensional Fund Advisors LP (3.98%), State Street Corp (2.82%), Geode Capital Management LLC (1.57%) and Granite Investment Partners LLC (1.11%). Insiders that own company stock include David Maris, Diane G Gerst, Floyd F Petersen, Howard Lee, Jack Y Zhang, Michael A Zasloff, Richard K Prins, Richard Koo, Rong Zhou, William J Peters, William J Peters and Yakob Liawatidewi.
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Shares of AMPH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AMPH stock can currently be purchased for approximately $45.89.

Amphastar Pharmaceuticals (NASDAQ:AMPH) has a market capitalization of $2.22 billion and generates $518.64 million in revenue each year. The company earns $91.39 million in net income (profit) each year or $1.79 on an earnings per share basis.

The company employs 1,615 workers across the globe.

Amphastar Pharmaceuticals' mailing address is 11570 SIXTH STREET, RANCHO CUCAMONGA CA, 91730. The official website for the company is www.amphastar.com. The company can be reached via phone at (909) 980-9484, via email at jasons@amphastar.com, or via fax at 909-980-8296.