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Saudi Aramco's profits already $88B as oil prices stay high
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Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
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'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
The Financial Day of Reckoning Has Begun (Ad)
NASDAQ:AMRN

Amarin - AMRN Stock Forecast, Price & News

$1.65
+0.04 (+2.48%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.59
$1.69
50-Day Range
$1.27
$1.99
52-Week Range
$1.11
$5.97
Volume
2.10 million shs
Average Volume
3.56 million shs
Market Capitalization
$655.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.50

Amarin MarketRank™ Forecast

Analyst Rating
Hold
1.83 Rating Score
Upside/​Downside
51.5% Upside
$2.50 Price Target
Short Interest
Healthy
5.98% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Amarin in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$92,950 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.30) to ($0.27) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Medical Sector

675th out of 1,135 stocks

Pharmaceutical Preparations Industry

339th out of 557 stocks

AMRN stock logo

About Amarin (NASDAQ:AMRN) Stock

Amarin Corporation plc, a pharmaceutical company, engages in the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States, Germany, Canada, Lebanon, and the United Arab Emirates. Its lead product is VASCEPA, a prescription-only omega-3 fatty acid product, used as an adjunct to diet for reducing triglyceride levels in adult patients with severe hypertriglyceridemia. The company sells its products principally to wholesalers and specialty pharmacy providers. It has a collaboration with Mochida Pharmaceutical Co., Ltd. to develop and commercialize drug products and indications based on the active pharmaceutical ingredient in Vascepa, the omega-3 acid, and eicosapentaenoic acid. The company was formerly known as Ethical Holdings plc and changed its name to Amarin Corporation plc in 1999. Amarin Corporation plc was incorporated in 1989 and is headquartered in Dublin, Ireland.

Amarin Stock Performance

NASDAQ:AMRN traded up $0.04 on Friday, reaching $1.65. The company's stock had a trading volume of 2,100,572 shares, compared to its average volume of 3,561,621. Amarin has a twelve month low of $1.11 and a twelve month high of $5.97. The stock has a market cap of $655.07 million, a PE ratio of -6.60 and a beta of 1.85. The firm's 50 day moving average is $1.56 and its two-hundred day moving average is $2.37.

Amarin (NASDAQ:AMRN - Get Rating) last issued its quarterly earnings results on Wednesday, August 3rd. The biopharmaceutical company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.05). Amarin had a negative net margin of 21.05% and a negative return on equity of 13.63%. The business had revenue of $94.44 million during the quarter, compared to analyst estimates of $88.21 million. During the same period in the previous year, the company posted $0.02 earnings per share. Amarin's revenue was down 38.9% compared to the same quarter last year. Equities research analysts anticipate that Amarin will post -0.3 EPS for the current fiscal year.

Analysts Set New Price Targets

AMRN has been the subject of several recent research reports. HC Wainwright lowered shares of Amarin from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $10.00 to $3.00 in a research report on Thursday, May 5th. StockNews.com upgraded shares of Amarin from a "sell" rating to a "hold" rating in a research report on Wednesday, July 27th. JPMorgan Chase & Co. lowered shares of Amarin from a "neutral" rating to an "underweight" rating in a research report on Friday, May 6th. The Goldman Sachs Group lowered their price target on shares of Amarin from $1.75 to $1.50 and set a "sell" rating for the company in a research report on Tuesday, May 24th. Finally, Northland Securities downgraded shares of Amarin from an "outperform" rating to a "market perform" rating in a report on Wednesday, May 4th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, Amarin presently has an average rating of "Hold" and a consensus price target of $2.50.

Insider Buying and Selling at Amarin

In other news, Director Olsen Per Wold acquired 55,000 shares of Amarin stock in a transaction on Monday, June 13th. The stock was bought at an average cost of $1.69 per share, with a total value of $92,950.00. Following the completion of the purchase, the director now owns 149,000 shares of the company's stock, valued at $251,810. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.90% of the company's stock.

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AMRN Stock News Headlines

Does Amarin Deserve a Spot in Your Portfolio after Earnings ?
Amarin recently announced its earnings for Q2'22 with mixed results. Here we'll examine the pros and cons of having this penny stock in your portfolio.
Form S-8 AMARIN CORP PLC\UK - StreetInsider.com
Amarin Corp: Q2 Earnings Insights - Benzinga
Amarin (NASDAQ:AMRN) Stock Rating Upgraded by StockNews.com
Amarin (NASDAQ:AMRN) Upgraded at StockNews.com
See More Headlines
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AMRN Company Calendar

Last Earnings
8/03/2022
Today
8/14/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:AMRN
Fax
N/A
Employees
560
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$2.50
High Stock Price Forecast
$3.00
Low Stock Price Forecast
$1.50
Forecasted Upside/Downside
+51.5%
Consensus Rating
Hold
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$7.73 million
Pretax Margin
-18.89%

Debt

Sales & Book Value

Annual Sales
$583.19 million
Cash Flow
$0.06 per share
Book Value
$1.46 per share

Miscellaneous

Free Float
393,435,000
Market Cap
$655.07 million
Optionable
Optionable
Beta
1.85

Social Links


Key Executives

  • Mr. Karim Mikhail (Age 51)
    Pres, CEO & Director
    Comp: $1.19M
  • Dr. Steven B. Ketchum Ph.D. (Age 57)
    Pres of R&D, Exec. VP and Chief Scientific Officer
    Comp: $827.62k
  • Mr. Jason M. Marks J.D. (Age 46)
    Exec. VP, Chief Legal and Compliance Officer & Corp. Sec.
    Comp: $626.07k
  • Mr. Joseph T. Kennedy J.D. (Age 54)
    Exec. VP of Strategic Initiatives & Gen. Counsel
    Comp: $980.18k
  • Mr. Aaron D. Berg (Age 59)
    Exec. VP & Pres of U.S.
    Comp: $745.52k
  • Mr. Thomas Charles Reilly (Age 50)
    CFO & Sr. VP
  • Dr. David Keenan
    Sr. VP of Technical Operations
  • Ms. Lisa M. DeFrancesco (Age 42)
    Sr. VP of Corp. Affairs & Investor Relations
  • Alina Kolomeyer
    Director of Communications
  • Mr. Jordan Zwick (Age 35)
    Sr. VP of Corp. Bus. Devel.













AMRN Stock - Frequently Asked Questions

Should I buy or sell Amarin stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amarin in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AMRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMRN, but not buy additional shares or sell existing shares.
View AMRN analyst ratings
or view top-rated stocks.

What is Amarin's stock price forecast for 2022?

6 analysts have issued 1-year price targets for Amarin's stock. Their AMRN share price forecasts range from $1.50 to $3.00. On average, they anticipate the company's stock price to reach $2.50 in the next twelve months. This suggests a possible upside of 51.5% from the stock's current price.
View analysts price targets for AMRN
or view top-rated stocks among Wall Street analysts.

How have AMRN shares performed in 2022?

Amarin's stock was trading at $3.37 at the beginning of the year. Since then, AMRN stock has decreased by 51.0% and is now trading at $1.65.
View the best growth stocks for 2022 here
.

When is Amarin's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our AMRN earnings forecast
.

How were Amarin's earnings last quarter?

Amarin Co. plc (NASDAQ:AMRN) issued its earnings results on Wednesday, August, 3rd. The biopharmaceutical company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.05. The biopharmaceutical company had revenue of $94.44 million for the quarter, compared to the consensus estimate of $88.21 million. Amarin had a negative trailing twelve-month return on equity of 13.63% and a negative net margin of 21.05%. Amarin's quarterly revenue was down 38.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 earnings per share.

What is John Thero's approval rating as Amarin's CEO?

43 employees have rated Amarin Chief Executive Officer John Thero on Glassdoor.com. John Thero has an approval rating of 93% among the company's employees. This puts John Thero in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 49.0% of employees surveyed would recommend working at Amarin to a friend.

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), Block (SQ), Alibaba Group (BABA), Tesla (TSLA), Bank of America (BAC), Netflix (NFLX) and Novavax (NVAX).

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 retail and institutional investors. Top institutional shareholders include DG Capital Management LLC (1.46%), Clearbridge Investments LLC (1.32%), SCP Investment LP (0.69%), Van ECK Associates Corp (0.26%), UBS Group AG (0.22%) and Resources Investment Advisors LLC. (0.22%). Insiders that own company stock include David M Stack, John F Thero, Joseph S Zakrzewski, Lars Ekman, Michael Wayne Kalb, Olsen Per Wold and Steven B Ketchum.
View institutional ownership trends
.

How do I buy shares of Amarin?

Shares of AMRN 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.
Compare Top Brokerages Here.

What is Amarin's stock price today?

One share of AMRN stock can currently be purchased for approximately $1.65.

How much money does Amarin make?

Amarin (NASDAQ:AMRN) has a market capitalization of $655.07 million and generates $583.19 million in revenue each year. The biopharmaceutical company earns $7.73 million in net income (profit) each year or ($0.25) on an earnings per share basis.

How many employees does Amarin have?

The company employs 560 workers across the globe.

Does Amarin have any subsidiaries?

The following companies are subsidiares of Amarin: Amarin France SAS, Amarin Germany GmbH, Amarin Italy S.r.l, Amarin Pharma Inc., Amarin Pharmaceuticals Ireland Limited, Amarin Switzerland GmbH, Amarin UK Limited, Ester Neurosciences, and Ester Neurosciences Limited.
Read More

When was Amarin founded?

Amarin was founded in 1991.

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 official website for the company is www.amarincorp.com. The biopharmaceutical company can be reached via phone at (531) 669-9020 or via email at investor.relations@amarincorp.com.

This page (NASDAQ:AMRN) was last updated on 8/14/2022 by MarketBeat.com Staff

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