Amphastar Pharmaceuticals - AMPH Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amphastar Pharmaceuticals in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMPH shares.
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4 equities research analysts have issued 1-year target prices for Amphastar Pharmaceuticals' stock. Their AMPH share price forecasts range from $32.00 to $44.00. On average, they expect the company's share price to reach $39.00 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
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Amphastar Pharmaceuticals' stock was trading at $28.02 at the start of the year. Since then, AMPH stock has increased by 11.4% and is now trading at $31.21.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 9th 2023.
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Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) announced its quarterly earnings results on Monday, November, 7th. The company reported $0.32 earnings per share for the quarter, meeting analysts' consensus estimates of $0.32. The company earned $120.13 million during the quarter, compared to the consensus estimate of $126.20 million. Amphastar Pharmaceuticals had a net margin of 15.93% and a trailing twelve-month return on equity of 16.48%.

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 number of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.36%), Lam Group Inc. (0.27%), Allspring Global Investments Holdings LLC (0.23%), Exchange Traded Concepts LLC (0.08%), Summit Global Investments (0.06%) and New York State Common Retirement Fund (0.06%). Insiders that own company stock include David Maris, Diane G Gerst, Floyd F Petersen, Howard Lee, Jack Y Zhang, Jason B Shandell, 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 $31.21.

Amphastar Pharmaceuticals (NASDAQ:AMPH) has a market capitalization of $1.51 billion and generates $437.77 million in revenue each year. The company earns $62.12 million in net income (profit) each year or $1.49 on an earnings per share basis.

The company employs 1,761 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.