NASDAQ:AMRN - Amarin Stock Price, News, & Analysis

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$16.61 +0.25 (+1.53 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$16.36
Today's Range$16.20 - $16.85
52-Week Range$2.35 - $23.33
Volume5.38 million shs
Average Volume11.68 million shs
Market Capitalization$5.53 billion
P/E Ratio-66.44
Dividend YieldN/A
Beta1.11
Amarin Corporation plc, a biopharmaceutical company, focuses on the development and commercialization of therapeutics for the treatment of cardiovascular diseases in the United States. The company's lead product is Vascepa, a prescription-only omega-3 fatty acid capsule, used as an adjunct to diet for reducing triglyceride levels in adult patients with severe hypertriglyceridemia. It is also involved in developing Vascepa for the treatment of patients with high triglyceride levels who are also on statin therapy for elevated low-density lipoprotein cholesterol levels. Amarin Corporation plc sells its products principally to wholesalers and specialty pharmacy providers through direct sales force. It has collaboration with Mochida Pharmaceutical Co., Ltd. for the development of EPA-Based drug products and indications. The company was formerly known as Ethical Holdings plc and changed its name to Amarin Corporation plc in 1999. Amarin Corporation plc was founded in 1989 and is based in Dublin, Ireland.

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Industry, Sector and Symbol

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

Debt

Current Ratio1.33
Quick Ratio1.05

Price-To-Earnings

Sales & Book Value

Annual Sales$181.10 million
Price / Sales29.62
Price / Cash FlowN/A
Book Value($0.33) per share
Price / Book-50.33

Profitability

Net Income$-67,860,000.00
Net Margins-51.15%
Return on Assets-53.17%

Miscellaneous

Employees241
Market Cap$5.53 billion
OptionableOptionable

Amarin (NASDAQ:AMRN) Frequently Asked Questions

What is Amarin's stock symbol?

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

How were Amarin's earnings last quarter?

Amarin Co. plc (NASDAQ:AMRN) released its quarterly earnings data on Thursday, November, 1st. The biopharmaceutical company reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $0.01. The biopharmaceutical company earned $55 million during the quarter, compared to analysts' expectations of $60.63 million. The firm's quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. View Amarin's Earnings History.

When is Amarin's next earnings date?

Amarin is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Amarin.

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

Amarin updated its FY 2019 earnings guidance on Friday, January, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $350-350 million, compared to the consensus revenue estimate of $417.53 million.Amarin also updated its FY 2018 guidance to EPS.

What price target have analysts set for AMRN?

5 brokerages have issued 1 year price objectives for Amarin's shares. Their forecasts range from $20.00 to $51.00. On average, they expect Amarin's share price to reach $33.20 in the next twelve months. This suggests a possible upside of 99.9% from the stock's current price. View Analyst Price Targets for Amarin.

What is the consensus analysts' recommendation for Amarin?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amarin in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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 Corporation plc is a global pharmaceutical group which develops innovative pharmaceutical products across a range of therapeutic areas utilizing its proprietary advanced oral and transdermal drug delivery technologies. " (1/15/2019)
  • 2. Cantor Fitzgerald analysts commented, "We think the peak sales potential of Vascepa is underappreciated. Therefore, upward earnings revisions to levels not reflected in FactSet consensus expectations should drive AMRN shares higher. Valuation Summary We continue to use a blend of DCF and multiples (EV/EBITDA) analysis to get to our 12-month price target of $35." (12/14/2018)
  • 3. HC Wainwright analysts commented, "We believe that beyond the topline of 25% reduction of MACE score, the robustness of the data is highlighted by the consistency across pre-specified analyses. A key secondary composite, namely 3-point MACE score (cardiovascular death, nonfatal myocardial infarction, or nonfatal stroke), which assesses the major CV events (and reflects the most important clinical relevance), showed an even higher reduction of risks at 26% compared to placebo. The clinical benefits as measured by the primary endpoint of MACE score and the key secondary 3-point MACE score are observed across subgroups (statistically significant in the vast majority of the subgroups), which speaks to the validity and robustness of the data." (11/12/2018)

Has Amarin been receiving favorable news coverage?

News coverage about AMRN stock has trended somewhat negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Amarin earned a news sentiment score of -1.2 on InfoTrie's scale. They also assigned press coverage about the biopharmaceutical company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Are investors shorting Amarin?

Amarin saw a increase in short interest in December. As of December 31st, there was short interest totalling 13,323,771 shares, an increase of 34.0% from the December 14th total of 9,943,629 shares. Based on an average trading volume of 7,448,872 shares, the short-interest ratio is presently 1.8 days. Currently, 4.6% of the shares of the company are sold short. View Amarin's Current Options Chain.

Who are some of Amarin's key competitors?

Who are Amarin's key executives?

Amarin's management team includes the folowing people:
  • Mr. John F. Thero, Pres, CEO & Director (Age 58)
  • Mr. Michael W. Kalb, CFO, Sr. VP & Assistant Sec. (Age 48)
  • Dr. Steven B. Ketchum, Pres of R&D, Sr. VP and Chief Scientific Officer (Age 54)
  • Mr. Joseph T. Kennedy, Exec. VP, Gen. Counsel & Strategic Initiatives (Age 51)
  • Ms. Elisabeth Schwartz, Sr. Director of Investor Relations

Who are Amarin's major shareholders?

Amarin's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Virtu Financial LLC (0.01%), Personal Capital Advisors Corp (0.00%), Ogorek Anthony Joseph NY ADV (0.00%) and Fox Run Management L.L.C. (0.00%). Company insiders that own Amarin stock include John F Thero, Joseph S Zakrzewski, Joseph T Kennedy, Lars Ekman, Michael Wayne Kalb and Steven B Ketchum. View Institutional Ownership Trends for Amarin.

Which institutional investors are selling Amarin stock?

AMRN stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC. Company insiders that have sold Amarin company stock in the last year include John F Thero, Joseph S Zakrzewski, Joseph T Kennedy, Lars Ekman, Michael Wayne Kalb and Steven B Ketchum. View Insider Buying and Selling for Amarin.

Which institutional investors are buying Amarin stock?

AMRN stock was purchased by a variety of institutional investors in the last quarter, including Personal Capital Advisors Corp, Ogorek Anthony Joseph NY ADV and Fox Run Management L.L.C.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Amarin's stock price today?

One share of AMRN stock can currently be purchased for approximately $16.61.

How big of a company is Amarin?

Amarin has a market capitalization of $5.53 billion and generates $181.10 million in revenue each year. The biopharmaceutical company earns $-67,860,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis. Amarin employs 241 workers across the globe.

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 2 Pembroke House Upper Pembroke Street 28-32, 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:  598 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  957
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 1/16/2019 by MarketBeat.com Staff

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