NYSE:AMRX - Amneal Pharmaceuticals Stock Price, News, & Analysis

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$13.82 -0.23 (-1.64 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$14.05
Today's Range$13.60 - $14.16
52-Week Range$11.63 - $24.48
Volume569,749 shs
Average Volume1.03 million shs
Market Capitalization$4.13 billion
P/E Ratio14.55
Dividend YieldN/A
Beta1.37
Amneal Pharmaceuticals, Inc., a specialty pharmaceutical company, develops, manufactures, markets, and distributes generic pharmaceutical products for various dosage forms and therapeutic areas. It operates through Generic and Specialty Pharma divisions. The company's generics portfolio includes approximately 200 product families marketed in various dosage forms, such as solid oral doses comprising tablets, capsules, and powders; liquids; sterile injectables; nasal sprays; inhalation and respiratory products; ophthalmics; films; transdermal patches; and topicals, as well as soft gel, complex molecule, and drug-device combinations. It is also involved in the development, manufacture, and sale of branded pharmaceutical products primarily for central nervous system disorders and parasitic infections; and biosimilar products. In addition, the company offers licensed and owned, niche, and mature branded products, as well as a pipeline of 505(b)(2) products for various therapeutic areas that primarily includes Unithroid for endocrinologists and primary care physicians through a contracted salesforce. Amneal Pharmaceuticals, Inc. has a partnership agreement with MabXience S.L. for the development of Avastin, a biosimilar bevacizumab. The company has operations in North America, Asia, and Europe. Amneal Pharmaceuticals, Inc. was founded in 2002 and is headquartered in Bridgewater, New Jersey.

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Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
CUSIPN/A
Phone908-947-3120

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$1.4030 per share
Book Value$3.00 per share

Profitability

Net Income$-169,730,000.00

Miscellaneous

Employees6,000
Market Cap$4.13 billion
Next Earnings Date5/23/2019 (Estimated)
OptionableOptionable

Amneal Pharmaceuticals (NYSE:AMRX) Frequently Asked Questions

What is Amneal Pharmaceuticals' stock symbol?

Amneal Pharmaceuticals trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMRX."

How were Amneal Pharmaceuticals' earnings last quarter?

Amneal Pharmaceuticals Inc (NYSE:AMRX) announced its quarterly earnings data on Thursday, February, 28th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.06. The company earned $497.53 million during the quarter, compared to analysts' expectations of $478.06 million. Amneal Pharmaceuticals had a net margin of 1.84% and a return on equity of 25.73%. View Amneal Pharmaceuticals' Earnings History.

When is Amneal Pharmaceuticals' next earnings date?

Amneal Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Thursday, May 23rd 2019. View Earnings Estimates for Amneal Pharmaceuticals.

How can I listen to Amneal Pharmaceuticals' earnings call?

Amneal Pharmaceuticals will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Amneal Pharmaceuticals issued on next quarter's earnings?

Amneal Pharmaceuticals issued an update on its FY19 earnings guidance on Thursday, February, 28th. The company provided earnings per share (EPS) guidance of $0.94-1.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22. Amneal Pharmaceuticals also updated its FY 2019 guidance to $0.94-1.04 EPS.

What price target have analysts set for AMRX?

11 Wall Street analysts have issued 1-year price objectives for Amneal Pharmaceuticals' shares. Their forecasts range from $12.00 to $35.00. On average, they anticipate Amneal Pharmaceuticals' share price to reach $20.7778 in the next twelve months. This suggests a possible upside of 50.3% from the stock's current price. View Analyst Price Targets for Amneal Pharmaceuticals.

What is the consensus analysts' recommendation for Amneal Pharmaceuticals?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amneal Pharmaceuticals in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Amneal Pharmaceuticals.

What are Wall Street analysts saying about Amneal Pharmaceuticals stock?

Here are some recent quotes from research analysts about Amneal Pharmaceuticals stock:
  • 1. Cantor Fitzgerald analysts commented, ". We reiterate our OW rating and 12-month PT of $35 for AMRX shares post a 4Q18 beat and despite lower than anticipated guidance for 2019. We still believe that AMRX will be able to successfully grow from a mid-size generics company into a leading generics and specialty pharma company. Therefore, upward earnings revisions in 2020+ should drive the stock higher. These upward earnings revisions should come from: 1) new generic drug launches, 2) operating margin expansion, 3) high-margin brand drug sales, and 4) strategic M&A as well as tuck-in deals." (2/28/2019)
  • 2. According to Zacks Investment Research, "Amneal Pharmaceuticals LLC is an integrated specialty pharmaceutical company. It focused on developing, manufacturing and distributing generic, brand and biosimilar products. The company operates primarily in North America, Asia and Europe. Amneal Pharmaceuticals LLC, formerly known as Impax Laboratories Inc., is based in New Jersey, United States. " (1/14/2019)
  • 3. Canaccord Genuity analysts commented, "We expect the deal to bring accretion starting in 2Q/19, which should help contribute to achieving the long-term goals that management set at the Impax/Amneal announcement, of double-digit revenue and EPS growth through 2020. In addition, we believe the deal is evidence of Amneal’s deal- making prowess that could result in further creative transactions moving forward. That said, as the core business continues to perform, we expect sentiment to improve on AMRX shares as the newco puts a number of quarters under its belt. We’re waiting on the sidelines as we watch the company continue to evolve; maintain HOLD. Deal consolidates branded and generic JSP levo products. The transaction gives Amneal access to JSP’s generic levothyroxine, an approximately $200 million run-rate product, in addition to the branded Unithroid Amneal already distributes for JSP." (8/20/2018)
  • 4. Guggenheim analysts commented, "We were not including it in our prior estimates and are now increasing our revenue and adjusted EPS estimates." (5/18/2018)

Has Amneal Pharmaceuticals been receiving favorable news coverage?

News headlines about AMRX stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Amneal Pharmaceuticals earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of Amneal Pharmaceuticals' key competitors?

What other stocks do shareholders of Amneal Pharmaceuticals own?

Who are Amneal Pharmaceuticals' key executives?

Amneal Pharmaceuticals' management team includes the folowing people:
  • Mr. Chirag K. Patel, Co-Founder & Co-Chairman (Age 52)
  • Mr. Chintu Patel, Co-Founder & Co-Chairman (Age 47)
  • Mr. Robert A. Stewart, Pres, CEO & Director (Age 51)
  • Mr. Paul M. Bisaro, Exec. Chairman (Age 58)
  • Mr. Todd P. Branning, CFO & Sr. VP

Who are Amneal Pharmaceuticals' major shareholders?

Amneal Pharmaceuticals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (2.45%), BlackRock Inc. (2.03%), Frontier Capital Management Co. LLC (0.82%), GW&K Investment Management LLC (0.61%), Norges Bank (0.45%) and Northern Trust Corp (0.40%). Company insiders that own Amneal Pharmaceuticals stock include Bryan M Reasons, Nikita Shah, Paul Bisaro and Peter R Terreri. View Institutional Ownership Trends for Amneal Pharmaceuticals.

Which major investors are selling Amneal Pharmaceuticals stock?

AMRX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Frontier Capital Management Co. LLC, GW&K Investment Management LLC, Bank of New York Mellon Corp, NumerixS Investment Technologies Inc and Citigroup Inc.. Company insiders that have sold Amneal Pharmaceuticals company stock in the last year include Bryan M Reasons, Nikita Shah and Peter R Terreri. View Insider Buying and Selling for Amneal Pharmaceuticals.

Which major investors are buying Amneal Pharmaceuticals stock?

AMRX stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, TD Asset Management Inc., Stifel Financial Corp, Icon Advisers Inc. Co., BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC and Squarepoint Ops LLC. View Insider Buying and Selling for Amneal Pharmaceuticals.

How do I buy shares of Amneal Pharmaceuticals?

Shares of AMRX 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 Amneal Pharmaceuticals' stock price today?

One share of AMRX stock can currently be purchased for approximately $13.82.

How big of a company is Amneal Pharmaceuticals?

Amneal Pharmaceuticals has a market capitalization of $4.13 billion and generates $1.66 billion in revenue each year. The company earns $-169,730,000.00 in net income (profit) each year or $0.95 on an earnings per share basis. Amneal Pharmaceuticals employs 6,000 workers across the globe.

What is Amneal Pharmaceuticals' official website?

The official website for Amneal Pharmaceuticals is http://www.amneal.com.

How can I contact Amneal Pharmaceuticals?

Amneal Pharmaceuticals' mailing address is 400 CROSSING BOULEVARD, BRIDGEWATER NJ, 08807. The company can be reached via phone at 908-947-3120 or via email at [email protected]


MarketBeat Community Rating for Amneal Pharmaceuticals (NYSE AMRX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  434
MarketBeat's community ratings are surveys of what our community members think about Amneal Pharmaceuticals and other stocks. Vote "Outperform" if you believe AMRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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