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NYSE:AGN

Allergan (AGN) Stock Price, News & Analysis

About Allergan Stock (NYSE:AGN)

Key Stats

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
Consensus Rating
N/A

Company Overview

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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AGN Stock News Headlines

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AGN Stock Analysis - Frequently Asked Questions

Allergan plc (NYSE:AGN) released its earnings results on Monday, February, 10th. The company reported $5.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.57 by $0.65. Allergan's revenue was up 6.6% compared to the same quarter last year.

Based on aggregate information from My MarketBeat watchlists, some other companies that Allergan investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Micron Technology (MU) and Aegean Marine Petroleum Network (ANW).

Company Calendar

Last Earnings
2/10/2020
Today
9/20/2024

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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Should I Buy Allergan Stock? AGN Pros and Cons Explained

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 Sunday, September 8, 2024. Please send any questions or comments about these Allergan pros and cons to contact@marketbeat.com.

Allergan
Bull Case

green Wall Street bull icon

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

  • Allergan plc has a diverse portfolio of products in various therapeutic areas, including medical aesthetics, dermatology, eye care, neuroscience, and more, providing revenue stability and potential for growth.
  • The company is actively involved in developing innovative treatments for various conditions, such as therapies for non-alcoholic steatohepatitis, autoimmune disorders, and neurodegenerative disorders like Alzheimer's disease, which could lead to significant market opportunities.
  • Allergan plc has strategic collaborations and licensing agreements with reputable companies like Editas Medicine, Inc., enhancing its research and development capabilities and potentially leading to breakthrough products.
  • Recent developments show that Allergan plc is focusing on gene therapy for the treatment of retinitis pigmentosa, a promising area with high unmet medical needs, which could attract investor interest and drive stock value.
  • Considering the current stock price of Allergan plc, which is reflective of its market position and growth prospects, investors may find the stock to be attractively valued for potential returns.

Allergan
Bear Case

red Wall Street bear icon

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

  • Despite its diverse portfolio, Allergan plc operates in a highly competitive pharmaceutical industry, facing challenges such as patent expirations, regulatory hurdles, and pricing pressures that could impact its revenue and profitability.
  • The pharmaceutical sector is subject to stringent regulations and unpredictable market conditions, which may pose risks to Allergan plc's product development timelines and commercialization efforts.
  • While the company is working on innovative treatments, the success of these therapies is not guaranteed, and any setbacks in clinical trials or regulatory approvals could lead to financial losses and stock price volatility.
  • Investing in companies involved in gene therapy, like Allergan plc, carries inherent risks due to the complexity of the technology and uncertainties surrounding long-term efficacy and safety, which could deter risk-averse investors.
  • Market fluctuations and macroeconomic factors can impact the pharmaceutical industry, affecting Allergan plc's stock performance, making it susceptible to external influences beyond the company's control.

This page (NYSE:AGN) was last updated on 9/20/2024 by MarketBeat.com Staff
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