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NASDAQ:AMRN - Amarin Stock Price, Forecast & News

$13.24
-0.46 (-3.36 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$13.16
Now: $13.24
$13.92
50-Day Range
$10.23
MA: $15.05
$18.51
52-Week Range
$8.58
Now: $13.24
$26.12
Volume7.48 million shs
Average Volume9.03 million shs
Market Capitalization$4.73 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.11
Amarin Corp. Plc is a biopharmaceutical company, which focuses on the commercialization and development of therapeutics for cardiovascular health. Its product development program leverages its experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. It has developed and markets Vascepa capsules through wholesale. The company was founded by Geoffrey W. Guy on March 1, 1989 and is headquartered in Dublin, Ireland.
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Amarin logo

Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:AMRN
CUSIPN/A
Phone353-1669-9020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$429.76 million
Book Value$1.64 per share

Profitability

Net Income$-22,650,000.00

Miscellaneous

EmployeesN/A
Market Cap$4.73 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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Amarin (NASDAQ:AMRN) Frequently Asked Questions

How has Amarin's stock been impacted by COVID-19 (Coronavirus)?

Amarin's stock was trading at $12.56 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, AMRN stock has increased by 5.4% and is now trading at $13.24. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Amarin?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amarin in the last year. There are currently 1 sell rating, 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Amarin.

When is Amarin's next earnings date?

Amarin is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Amarin.

How were Amarin's earnings last quarter?

Amarin Co. plc (NASDAQ:AMRN) posted its earnings results on Tuesday, February, 25th. The biopharmaceutical company reported $0.02 EPS for the quarter, topping the Zacks' consensus estimate of ($0.02) by $0.04. The biopharmaceutical company earned $143.28 million during the quarter, compared to the consensus estimate of $137.70 million. Amarin had a negative return on equity of 6.44% and a negative net margin of 5.27%. The business's revenue for the quarter was up 85.3% on a year-over-year basis. During the same period last year, the firm earned ($0.09) earnings per share. View Amarin's earnings history.

What guidance has Amarin issued on next quarter's earnings?

Amarin issued an update on its FY 2020 After-Hours earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $650-700 million, compared to the consensus revenue estimate of $695.43 million.

What price target have analysts set for AMRN?

12 analysts have issued twelve-month price objectives for Amarin's shares. Their forecasts range from $12.00 to $51.00. On average, they expect Amarin's share price to reach $27.67 in the next twelve months. This suggests a possible upside of 109.0% from the stock's current price. View analysts' price targets for Amarin.

What are Wall Street analysts saying about Amarin stock?

Here are some recent quotes from research analysts about Amarin stock:
  • 1. According to Zacks Investment Research, "Amarin reported encouraging fourth-quarter results, wherein both earnings and sales beat estimates. Amarin’s sole marketed drug Vascepa has been on a strong growth trajectory for the last four years. The drug’s recent label expansion for cardiovascular indication looks promising. The growth trend for Vascepa is expected to continue in 2020. The company is expanding its sales force and start promotional programs to create awareness for Vascepa’s expanded label. These initiatives are likely to drive sales higher. The company is looking to get approval for the drug in additional countries. However, Amarin is over-dependent on Vascepa for its growth. Any setback to its commercialization plans will have an unfavorable impact. Competition is also rising in the targeted market. Shares have underperformed the industry in the past year." (3/5/2020)
  • 2. HC Wainwright analysts commented, "Our PT of $51 is based on equally weighted average of: (a) $47.99/share, as a 25x multiple of taxed and diluted FY29 GAAP EPS of $5.45 discounted back to and (b) an NPV of $53.14/share (discount rate 10%, growth rate 2%). Risks to our investment thesis and target price include: (1) Vascepa commercial ramp-up and/or peak sales not meeting our projections; and (2) further competitive disruption of the omega-3 market by branded drugs or generics and/ or OTC supplements beyond our model." (8/1/2019)

Has Amarin been receiving favorable news coverage?

Press coverage about AMRN stock has trended extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Amarin earned a news impact score of -4.0 on InfoTrie's scale. They also assigned press coverage about the biopharmaceutical company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutAmarin.

Are investors shorting Amarin?

Amarin saw a decrease in short interest in February. As of February 14th, there was short interest totaling 41,220,000 shares, a decrease of 10.4% from the January 30th total of 46,030,000 shares. Based on an average daily trading volume, of 10,610,000 shares, the short-interest ratio is presently 3.9 days. Currently, 11.7% of the company's shares are sold short. View Amarin's Current Options Chain.

Who are some of Amarin's key competitors?

What other stocks do shareholders of Amarin own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amarin investors own include Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Canopy Growth (CGC), Alibaba Group (BABA), Square (SQ), Bank of America (BAC), Exelixis (EXEL), Netflix (NFLX) and Novavax (NVAX).

Who are Amarin's key executives?

Amarin's management team includes the following people:
  • John F. Thero, President, Chief Executive Officer & Director
  • Derek Kalinowski, SVP-Manufacturing Operations
  • Michael W. Kalb, Chief Financial Officer & Senior Vice President
  • Steven B. Ketchum, Chief Scientific Officer & Senior Vice President
  • Craig B. Granowitz, Chief Medical Officer

What is Amarin's stock symbol?

Amarin trades on the NASDAQ under the ticker symbol "AMRN."

Who are Amarin's major shareholders?

Amarin's stock is owned by many different institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (4.49%), Perceptive Advisors LLC (1.99%), Perceptive Advisors LLC (1.99%), Janus Henderson Group PLC (1.01%), Lord Abbett & CO. LLC (0.68%) and Broadfin Capital LLC (0.29%). Company insiders that own Amarin stock include Aaron Berg, David M Stack, John F Thero, Joseph S Zakrzewski, Joseph T Kennedy, Kristine Peterson, Lars Ekman, Michael Wayne Kalb and Steven B Ketchum. View institutional ownership trends for Amarin.

Which major investors are selling Amarin stock?

AMRN stock was sold by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Perceptive Advisors LLC, Perceptive Advisors LLC, Broadfin Capital LLC, Nicholas Investment Partners LP, Lord Abbett & CO. LLC, Kornitzer Capital Management Inc. KS, and Chartwell Investment Partners LLC. Company insiders that have sold Amarin company stock in the last year include Aaron Berg, David M Stack, John F Thero, Joseph S Zakrzewski, Joseph T Kennedy, Lars Ekman, Michael Wayne Kalb, and Steven B Ketchum. View insider buying and selling activity for Amarin.

Which major investors are buying Amarin stock?

AMRN stock was bought by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Fairmount Funds Management LLC, Janus Henderson Group PLC, Partner Fund Management L.P., Private Advisor Group LLC, Crawford Lake Capital Management LLC, Gratus Capital LLC, and LMR Partners LLP. View insider buying and selling activity for Amarin.

How do I buy shares of Amarin?

Shares of AMRN 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.

What is Amarin's stock price today?

One share of AMRN stock can currently be purchased for approximately $13.24.

How big of a company is Amarin?

Amarin has a market capitalization of $4.73 billion and generates $429.76 million in revenue each year. The biopharmaceutical company earns $-22,650,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.  View additional information about Amarin.

What is Amarin's official website?

The official website for Amarin is http://www.amarincorp.com/.

How can I contact Amarin?

Amarin's mailing address is 77 Sir John Rogerson`s Quay Block C Grand Canal Docklands, Dublin L2, Dublin 2. The biopharmaceutical company can be reached via phone at 353-1669-9020 or via email at [email protected]


MarketBeat Community Rating for Amarin (NASDAQ AMRN)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  790 (Thanks for Voting!)
Underperform Votes:  489 (Thanks for Voting!)
Total Votes:  1,279
MarketBeat's community ratings are surveys of what our community members think about Amarin and other stocks. Vote "Outperform" if you believe AMRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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