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

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$19.30 -1.03 (-5.07 %)
(As of 03/19/2019 01:30 AM ET)
Previous Close$20.33
Today's Range$19.01 - $20.99
52-Week Range$2.35 - $23.33
Volume12.56 million shs
Average Volume8.54 million shs
Market Capitalization$6.23 billion
P/E Ratio-49.49
Dividend YieldN/A
Beta1.29
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 headquartered in Dublin, Ireland.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$229.21 million
Book Value$0.40 per share

Profitability

Net Income$-116,440,000.00

Miscellaneous

EmployeesN/A
Market Cap$6.23 billion
Next Earnings Date5/1/2019 (Estimated)
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) posted its quarterly earnings results on Wednesday, February, 27th. The biopharmaceutical company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.03. The biopharmaceutical company earned $77.30 million during the quarter, compared to analysts' expectations of $73.87 million. The business's quarterly revenue was up 43.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.08) EPS. View Amarin's Earnings History.

When is Amarin's next earnings date?

Amarin is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Amarin.

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

Amarin issued an update on its FY 2019 earnings guidance on Wednesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $350-350 million, compared to the consensus revenue estimate of $352.7 million.

What price target have analysts set for AMRN?

5 analysts have issued 12-month price objectives for Amarin's shares. Their predictions range from $20.00 to $51.00. On average, they anticipate Amarin's share price to reach $33.20 in the next year. This suggests a possible upside of 72.0% 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. " (1/23/2019)
  • 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 positive on Tuesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Amarin earned a coverage optimism score of 1.4 on InfoTrie's scale. They also assigned news stories about the biopharmaceutical company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely 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 the month of February. As of February 28th, there was short interest totalling 17,514,524 shares, an increase of 13.6% from the February 15th total of 15,412,976 shares. Based on an average daily trading volume, of 10,037,142 shares, the short-interest ratio is presently 1.7 days. Approximately 6.1% of the company's stock 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), Canopy Growth (CGC), NVIDIA (NVDA), Exelixis (EXEL), Sarepta Therapeutics (SRPT), Alibaba Group (BABA), Bank of America (BAC), AcelRx Pharmaceuticals (ACRX) and Netflix (NFLX).

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 venBio Select Advisor LLC (1.73%), Perceptive Advisors LLC (1.51%), BlackRock Inc. (1.04%), Eversept Partners LP (0.39%), Opaleye Management Inc. (0.39%) and Two Sigma Investments LP (0.38%). Company insiders that own Amarin stock include 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 institutional investors are selling Amarin stock?

AMRN stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, Geode Capital Management LLC, Stonepine Capital Management LLC, Opaleye Management Inc., Two Sigma Advisers LP, Frontier Capital Management Co. LLC, GSA Capital Partners LLP and Bank of America Corp DE. Company insiders that have sold Amarin company stock in the last year include John F Thero, Joseph S Zakrzewski, Joseph T Kennedy, Kristine Peterson, 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 acquired by a variety of institutional investors in the last quarter, including Perceptive Advisors LLC, venBio Select Advisor LLC, Two Sigma Investments LP, Elk Creek Partners LLC, Gladstone Capital Management LLP, Eversept Partners LP, Chartwell Investment Partners LLC and State of New Jersey Common Pension Fund D. 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 $19.30.

How big of a company is Amarin?

Amarin has a market capitalization of $6.23 billion and generates $229.21 million in revenue each year. The biopharmaceutical company earns $-116,440,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis.

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:  610 (Vote Outperform)
Underperform Votes:  369 (Vote Underperform)
Total Votes:  979
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 3/19/2019 by MarketBeat.com Staff

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