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

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$8.29 +0.04 (+0.48 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$8.25
Today's Range$7.90 - $8.33
52-Week Range$7.90 - $24.48
Volume965,400 shs
Average Volume1.02 million shs
Market Capitalization$2.48 billion
P/E Ratio8.73
Dividend YieldN/A
Beta1.31
Amneal Pharmaceuticals, Inc., together with its subsidiaries, develops, licenses, manufactures, markets, and distributes generic and specialty pharmaceutical products for various dosage forms and therapeutic areas. It operates through two segments, Generics and Specialty. The Generics segment develops, manufactures, and commercializes complex oral solids, injectables, ophthalmics, liquids, topicals, softgels, inhalation products, and transdermals across a range of therapeutic categories. The Specialty segment is involved in the development, manufacture, and sale of branded pharmaceutical products primarily for central nervous system disorders and parasitic infections. It also offers licensed and owned, niche, and mature branded products, as well as Rytary for the treatment of Parkinsons Disease; Zomig for the treatment of migraine headaches; Emverm a chewable tablets for the treatment of pinworm, whipworm, common roundworm, common hookworm, and American hookworm in single or mixed infections; and Unithroid for the treatment of hypothyroidism. The company has operations in the United States, Switzerland, India, Ireland, the United Kingdom and internationally. Amneal Pharmaceuticals, Inc. was founded in 2002 and is based 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$1.86 billion
Cash Flow$1.2953 per share
Book Value$2.68 per share

Profitability

Net Income$-169,730,000.00

Miscellaneous

Employees6,000
Market Cap$2.48 billion
Next Earnings Date8/8/2019 (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) released its earnings results on Thursday, May, 9th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.07. The business had revenue of $446 million for the quarter, compared to analyst estimates of $438.18 million. Amneal Pharmaceuticals had a positive return on equity of 32.14% and a negative net margin of 3.75%. The firm's revenue was up 4.9% on a year-over-year basis. 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, August 8th 2019. View Earnings Estimates for Amneal Pharmaceuticals.

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

Amneal Pharmaceuticals updated its FY 2019 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of $0.94-1.04 for the period, compared to the Thomson Reuters consensus estimate of $0.98. Amneal Pharmaceuticals also updated its FY19 guidance to $0.94-$1.04 EPS.

What price target have analysts set for AMRX?

10 analysts have issued 12-month price objectives for Amneal Pharmaceuticals' stock. Their forecasts range from $12.00 to $35.00. On average, they expect Amneal Pharmaceuticals' share price to reach $19.4444 in the next year. This suggests a possible upside of 134.6% from the stock's current price. View Analyst Price Targets for Amneal Pharmaceuticals.

What is the consensus analysts' recommendation for Amneal Pharmaceuticals?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amneal Pharmaceuticals in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." 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. 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. " (5/8/2019)
  • 2. 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)
  • 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)

Has Amneal Pharmaceuticals been receiving favorable news coverage?

News coverage about AMRX stock has been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Amneal Pharmaceuticals earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Amneal Pharmaceuticals' key competitors?

What other stocks do shareholders of Amneal Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Amneal Pharmaceuticals investors own include Exelixis (EXEL), Allena Pharmaceuticals (ALNA), Amarin (AMRN), Nektar Therapeutics (NKTR), TherapeuticsMD (TXMD), Alibaba Group (BABA), Bristol-Myers Squibb (BMY), AVEO Pharmaceuticals (AVEO), Corbus Pharmaceuticals (CRBP) and CytomX Therapeutics (CTMX).

Who are Amneal Pharmaceuticals' key executives?

Amneal Pharmaceuticals' management team includes the folowing people:
  • Mr. Paul M. Bisaro, Exec. Chairman (Age 58)
  • 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)
  • Ms. Nikita Shah, Sr. VP & Chief HR Officer (Age 41)

Who are Amneal Pharmaceuticals' major shareholders?

Amneal Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wellington Management Group LLP (5.33%), FMR LLC (2.44%), BlackRock Inc. (1.96%), Janus Henderson Group PLC (0.80%), TCW Group Inc. (0.77%) and Neuberger Berman Group LLC (0.57%). Company insiders that own Amneal Pharmaceuticals stock include Andrew S Boyer, Bryan M Reasons, Joseph Todisco, Nikita Shah, Paul Bisaro, Peter R Terreri and Pradeep Bhadauria. View Institutional Ownership Trends for Amneal Pharmaceuticals.

Which institutional investors are selling Amneal Pharmaceuticals stock?

AMRX stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, BlackRock Inc., Morgan Stanley, Wellington Management Group LLP, Goldman Sachs Group Inc. and Parametric Portfolio Associates LLC. 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 institutional investors are buying Amneal Pharmaceuticals stock?

AMRX stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Phocas Financial Corp., Spark Investment Management LLC, Swiss National Bank, Charles Schwab Investment Management Inc., Geode Capital Management LLC, TCW Group Inc. and Tibra Equities Europe Ltd. Company insiders that have bought Amneal Pharmaceuticals stock in the last two years include Andrew S Boyer, Joseph Todisco, Paul Bisaro and Pradeep Bhadauria. 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 $8.29.

How big of a company is Amneal Pharmaceuticals?

Amneal Pharmaceuticals has a market capitalization of $2.48 billion and generates $1.86 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:  220 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  481
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 5/24/2019 by MarketBeat.com Staff

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