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NYSE:AGN

Allergan (AGN) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$191.64
$193.38
50-Day Range
$184.04
$193.89
52-Week Range
$114.27
$202.21
Volume
12.44 million shs
Average Volume
4.01 million shs
Market Capitalization
$63.50 billion
P/E Ratio
N/A
Dividend Yield
1.53%
Price Target
N/A
AGN stock logo

About Allergan Stock (NYSE:AGN)

Allergan plc, a pharmaceutical company, develops, manufactures, and commercializes branded pharmaceutical, device, biologic, surgical, and regenerative medicine products worldwide. The company operates in three segments: US Specialized Therapeutics, US General Medicine, and International. It offers a portfolio of products in various therapeutic areas, including medical aesthetics and dermatology, eye care, neuroscience, urology, gastrointestinal, women's health, and anti-infective therapeutic products. The company also offers breast implants and tissue expanders; and RM-131 (relamorelin), a peptide ghrelin agonist for the treatment of diabetic gastroparesis. In addition, it develops medical and cosmetic treatments; therapies for non-alcoholic steatohepatitis and other liver diseases; inhibitor for the treatment of psoriasis and other autoimmune disorders; atopic dermatitis drug candidate; peri-ocular rings for extended drug delivery and reducing elevated intraocular pressure in glaucoma patients; and treatments for neurodegenerative disorders, including Alzheimer's disease. Further, the company develops RST-001, a novel gene therapy for the treatment of retinitis pigmentosa; small molecule therapeutics for inflammatory and fibrotic diseases; topical medicines for fat reduction; and delivery system and botulinum toxin-based prescription products. It has collaboration, option, and license agreement with Lyndra, Inc.; and strategic alliance and option agreement with Editas Medicine, Inc. Allergan plc also has licensing agreements with Assembly Biosciences, Inc.; MedImmune; and Heptares Therapeutics, Ltd. The company was formerly known as Actavis plc and changed its name to Allergan plc in June 2015. Allergan plc was founded in 1983 and is headquartered in Dublin, Ireland.

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Company Calendar

Last Earnings
2/10/2020
Today
6/09/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical Preparations
Sub-Industry
Pharmaceuticals
CUSIP
01849010
Fax
N/A
Employees
17,400
Year Founded
N/A

Profitability

Net Income
$-5,271,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$16.09 billion
Cash Flow
$36.70 per share
Book Value
$177.28 per share

Miscellaneous

Free Float
N/A
Market Cap
$63.50 billion
Optionable
Optionable
Beta
1.20
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Key Executives

Should I Buy Allergan Stock? AGN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Allergan plc:

  • Allergan plc has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company recently launched a groundbreaking skincare product that has received positive reviews, potentially boosting sales and market share.
  • With a current stock price trading below its intrinsic value, there is a potential for capital appreciation as the market corrects its valuation.
  • Allergan plc has a low debt-to-equity ratio of 0.27, signifying a healthy balance sheet and lower financial risk.
  • The company's recent strategic partnership with a leading biotech firm is expected to drive innovation and expand product offerings, enhancing long-term growth prospects.

Cons

Investors should be bearish about investing in Allergan plc for these reasons:

  • Despite recent positive developments, Allergan plc faces intense competition in the pharmaceutical industry, which could impact market share and profitability.
  • The company's stock price has been volatile in recent months, potentially leading to short-term fluctuations and uncertainty for investors.
  • Regulatory changes in the healthcare sector could pose challenges for Allergan plc's product approvals and market access, affecting revenue streams.
  • Analysts have expressed concerns about the company's current valuation, suggesting that the stock may be overpriced relative to its peers in the industry.
  • Allergan plc's dividend yield is lower compared to industry averages, potentially making it less attractive to income-focused investors seeking regular dividends.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Allergan pros and cons to contact@marketbeat.com.

AGN Stock Analysis - Frequently Asked Questions

How were Allergan's earnings last quarter?

Allergan plc (NYSE:AGN) issued its earnings results on Monday, February, 10th. The company reported $5.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.57 by $0.65. The business had revenue of $4.35 billion for the quarter, compared to analysts' expectations of $4.09 billion. Allergan had a positive trailing twelve-month return on equity of 8.46% and a negative net margin of 15.44%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $4.29 EPS.

Is Allergan a good dividend stock?

Allergan (NYSE:AGN) pays an annual dividend of $2.96 per share and currently has a dividend yield of 1.53%. The dividend payout ratio is 16.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGN will have a dividend payout ratio of 16.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGN.

What other stocks do shareholders of Allergan own?
This page (NYSE:AGN) was last updated on 6/10/2024 by MarketBeat.com Staff

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