NASDAQ:AMPH - Amphastar Pharmaceuticals Stock Price, Forecast & News

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

Amphastar Pharmaceuticals Inc (NASDAQ:AMPH) released its quarterly earnings results on Thursday, November, 7th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The business earned $80.14 million during the quarter, compared to analyst estimates of $78.53 million. Amphastar Pharmaceuticals had a return on equity of 5.07% and a net margin of 15.77%. The company's quarterly revenue was up 6.1% on a year-over-year basis. During the same period last year, the business posted $0.12 earnings per share. View Amphastar Pharmaceuticals' Earnings History.

Amphastar Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Amphastar Pharmaceuticals.

3 Wall Street analysts have issued 1-year price targets for Amphastar Pharmaceuticals' shares. Their forecasts range from $22.20 to $29.00. On average, they anticipate Amphastar Pharmaceuticals' share price to reach $24.73 in the next twelve months. This suggests a possible upside of 25.4% from the stock's current price. View Analyst Price Targets for Amphastar Pharmaceuticals.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amphastar Pharmaceuticals in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Amphastar Pharmaceuticals.

News stories about AMPH stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Amphastar Pharmaceuticals earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Amphastar Pharmaceuticals.

Amphastar Pharmaceuticals saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,700,000 shares, a drop of 5.6% from the December 15th total of 2,860,000 shares. Based on an average daily volume of 223,000 shares, the days-to-cover ratio is presently 12.1 days. Approximately 7.6% of the company's shares are short sold. View Amphastar Pharmaceuticals' Current Options Chain.

Some companies that are related to Amphastar Pharmaceuticals include FibroGen (FGEN), Mirati Therapeutics (MRTX), SAGE Therapeutics (SAGE), GW Pharmaceuticals PLC- (GWPH), Allakos (ALLK), Deciphera Pharmaceuticals (DCPH), Ultragenyx Pharmaceutical (RARE), Blueprint Medicines (BPMC), PTC Therapeutics (PTCT), Taro Pharmaceutical Industries (TARO), Myokardia (MYOK), Zai Lab (ZLAB), Intercept Pharmaceuticals (ICPT), HUTCHISON CHINA/S (HCM) and Agios Pharmaceuticals (AGIO).

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), AbbVie (ABBV), Advanced Micro Devices (AMD), Cellectis (CLLS), Clovis Oncology (CLVS) and Neurocrine Biosciences (NBIX).

Amphastar Pharmaceuticals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.06%), State of Alaska Department of Revenue (0.06%), New York State Teachers Retirement System (0.05%), Arizona State Retirement System (0.05%) and Louisiana State Employees Retirement System (0.02%). Company insiders that own Amphastar Pharmaceuticals stock include Floyd F Petersen, Howard Lee, Jack Y Zhang, Jason B Shandell, Michael A Zasloff, Physics & Chemistry La Applied, Richard K Prins, Richard Koo, Rong Zhou, William J Peters and Yakob Liawatidewi. View Institutional Ownership Trends for Amphastar Pharmaceuticals.

AMPH stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold Amphastar Pharmaceuticals company stock in the last year include Floyd F Petersen, Jack Y Zhang, Jason B Shandell, Richard K Prins, Rong Zhou, William J Peters and Yakob Liawatidewi. View Insider Buying and Selling for Amphastar Pharmaceuticals.

AMPH stock was bought by a variety of institutional investors in the last quarter, including New York State Teachers Retirement System and Nisa Investment Advisors LLC. View Insider Buying and Selling for Amphastar Pharmaceuticals.

Shares of AMPH 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 AMPH stock can currently be purchased for approximately $19.73.

Amphastar Pharmaceuticals has a market capitalization of $926.13 million and generates $294.67 million in revenue each year. The company earns $-5,740,000.00 in net income (profit) each year or $0.21 on an earnings per share basis. Amphastar Pharmaceuticals employs 2,078 workers across the globe.View Additional Information About Amphastar Pharmaceuticals.

The official website for Amphastar Pharmaceuticals is http://www.amphastar.com/.

Amphastar Pharmaceuticals' mailing address is 11570 SIXTH STREET, RANCHO CUCAMONGA CA, 91730. The company can be reached via phone at 909-980-9484 or via email at [email protected]