Amphastar Pharmaceuticals - AMPH Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Amphastar Pharmaceuticals in the last year. There are currently 1 hold rating and 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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4 equities research analysts have issued 1-year price objectives for Amphastar Pharmaceuticals' shares. Their AMPH share price forecasts range from $32.00 to $44.00. On average, they anticipate the company's stock price to reach $39.00 in the next twelve months. This suggests a possible upside of 37.4% from the stock's current price.
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Amphastar Pharmaceuticals' stock was trading at $23.29 at the start of the year. Since then, AMPH shares have increased by 21.9% and is now trading at $28.38.
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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) posted its earnings results on Monday, November, 8th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.22. The company had revenue of $112.20 million for the quarter, compared to the consensus estimate of $103 million. Amphastar Pharmaceuticals had a net margin of 15.93% and a trailing twelve-month return on equity of 16.48%. During the same quarter in the previous year, the business earned $0.09 EPS.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.79%), Federated Hermes Inc. (6.76%), Vanguard Group Inc. (5.39%), Dimensional Fund Advisors LP (3.75%), State Street Corp (3.17%) and Price T Rowe Associates Inc. MD (1.67%). 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 $28.38.

Amphastar Pharmaceuticals (NASDAQ:AMPH) has a market capitalization of $1.37 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.