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S&P 500   3,970.99
DOW   32,237.53
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Biden To Unleash "Choke Point" Operation On America? (Ad)
These 3 Chip Stocks May Be Approaching A Buy Point Soon
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[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
The Bottom Is In For Accenture
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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Biden To Unleash "Choke Point" Operation On America? (Ad)
These 3 Chip Stocks May Be Approaching A Buy Point Soon
Closing prices for crude oil, gold and other commodities
Biden To Unleash "Choke Point" Operation On America? (Ad)
Dividend King Genuine Parts Company Upgraded On Profit Guidance
11 Best Consumer Discretionary Stocks of 2023
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
The Bottom Is In For Accenture
14 Best Consumer Staples Dividend Stocks
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Biden To Unleash "Choke Point" Operation On America? (Ad)
These 3 Chip Stocks May Be Approaching A Buy Point Soon
Closing prices for crude oil, gold and other commodities
Biden To Unleash "Choke Point" Operation On America? (Ad)
Dividend King Genuine Parts Company Upgraded On Profit Guidance
11 Best Consumer Discretionary Stocks of 2023
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
The Bottom Is In For Accenture
14 Best Consumer Staples Dividend Stocks
NYSE:AMRX

Amneal Pharmaceuticals - AMRX Stock Forecast, Price & News

$1.33
+0.02 (+1.53%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$1.28
$1.34
50-Day Range
$1.31
$2.70
52-Week Range
$1.28
$4.60
Volume
562,247 shs
Average Volume
1.10 million shs
Market Capitalization
$403.81 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.67

Amneal Pharmaceuticals MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
175.7% Upside
$3.67 Price Target
Short Interest
Healthy
7.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.51
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
2.00%
From $0.50 to $0.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Medical Sector

339th out of 989 stocks

Pharmaceutical Preparations Industry

150th out of 480 stocks


AMRX stock logo

About Amneal Pharmaceuticals (NYSE:AMRX) Stock

Amneal Pharmaceuticals, Inc. is a pharmaceutical company, which engages in the development, manufacture, market and distribution of generic pharmaceutical products. It operates through the Generic, Specialty and AvKARE Segments. The Generics segment develops, manufactures and commercializes complex oral solids, injectables, ophthalmics, liquids, topicals, softgels, inhalation products and transdermals. The Specialty segment provides proprietary medicines to the U.S. market. The AvKARE segment focuses on pharmaceuticals, medical and surgical products, and services primarily to governmental agencies. The company was founded by Chintu Patel and Chirag Patel in 2002 and is headquartered in Bridgewater, NJ.

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AMRX Stock News Headlines

The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
Q4 2022 Amneal Pharmaceuticals Inc Earnings Call
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Amneal Pharmaceuticals
Amneal Pharmaceuticals: Risk Still Persists
Amneal to Participate at Upcoming Investor Conferences
See More Headlines
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AMRX Company Calendar

Last Earnings
3/02/2023
Today
3/24/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Employees
7,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.67
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+175.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-129,990,000.00
Pretax Margin
-11.22%

Debt

Sales & Book Value

Annual Sales
$2.21 billion
Cash Flow
$1.23 per share
Book Value
$0.61 per share

Miscellaneous

Free Float
222,309,000
Market Cap
$403.81 million
Optionable
Optionable
Beta
1.37

Key Executives

  • Chintu Patel
    Co-Chief Executive Officer & Director
  • Chirag K. PatelChirag K. Patel
    President & Co-Chief Executive Officer & Director
  • Andrew S. Boyer
    Executive Vice President-Commercial Operations
  • Anastasios G. Konidaris
    Executive VP, Chief Financial & Accounting Officer
  • Nikita ShahNikita Shah
    Chief Human Resources Officer & Executive VP













AMRX Stock - Frequently Asked Questions

Should I buy or sell Amneal Pharmaceuticals stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Amneal Pharmaceuticals in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AMRX shares.
View AMRX analyst ratings
or view top-rated stocks.

What is Amneal Pharmaceuticals' stock price forecast for 2023?

3 Wall Street research analysts have issued 1 year price objectives for Amneal Pharmaceuticals' stock. Their AMRX share price forecasts range from $3.00 to $4.00. On average, they anticipate the company's stock price to reach $3.67 in the next twelve months. This suggests a possible upside of 175.7% from the stock's current price.
View analysts price targets for AMRX
or view top-rated stocks among Wall Street analysts.

How have AMRX shares performed in 2023?

Amneal Pharmaceuticals' stock was trading at $1.99 at the beginning of 2023. Since then, AMRX stock has decreased by 33.2% and is now trading at $1.33.
View the best growth stocks for 2023 here
.

Are investors shorting Amneal Pharmaceuticals?

Amneal Pharmaceuticals saw a decline in short interest in February. As of February 28th, there was short interest totaling 7,120,000 shares, a decline of 11.7% from the February 13th total of 8,060,000 shares. Based on an average daily volume of 1,290,000 shares, the short-interest ratio is currently 5.5 days. Approximately 7.2% of the shares of the company are sold short.
View Amneal Pharmaceuticals' Short Interest
.

When is Amneal Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our AMRX earnings forecast
.

How were Amneal Pharmaceuticals' earnings last quarter?

Amneal Pharmaceuticals, Inc. (NYSE:AMRX) posted its quarterly earnings data on Thursday, March, 2nd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm had revenue of $609.80 million for the quarter, compared to the consensus estimate of $579.93 million. Amneal Pharmaceuticals had a negative net margin of 5.88% and a positive trailing twelve-month return on equity of 76.11%. The firm's quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS.

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

Amneal Pharmaceuticals issued an update on its FY23 earnings guidance on Thursday, March, 2nd. The company provided EPS guidance of $0.40-0.50 for the period, compared to the consensus earnings per share estimate of $0.77. The company issued revenue guidance of $2.25-2.35 billion, compared to the consensus revenue estimate of $2.31 billion.

What is Chirag and Chintu Patel's approval rating as Amneal Pharmaceuticals' CEO?

23 employees have rated Amneal Pharmaceuticals Chief Executive Officer Chirag and Chintu Patel on Glassdoor.com. Chirag and Chintu Patel has an approval rating of 91% among the company's employees. This puts Chirag and Chintu Patel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 Inovio Pharmaceuticals (INO), Teva Pharmaceutical Industries (TEVA), Cisco Systems (CSCO), Micron Technology (MU), General Electric (GE), OPKO Health (OPK), Advanced Micro Devices (AMD), NVIDIA (NVDA), AbbVie (ABBV) and Bausch Health Companies (BHC).

What is Amneal Pharmaceuticals' stock symbol?

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

Who are Amneal Pharmaceuticals' major shareholders?

Amneal Pharmaceuticals' stock is owned by a number of institutional and retail investors. Top institutional investors include Millennium Management LLC (1.65%), Morgan Stanley (1.39%), Norges Bank (0.89%), AQR Capital Management LLC (0.70%), Geode Capital Management LLC (0.60%) and Allspring Global Investments Holdings LLC (0.52%). Insiders that own company stock include Chirag K Patel, Gautam Patel, Jeffrey P George, John Kiely, Joseph Todisco, Nikita Shah and Tpg Gp A, Llc.
View institutional ownership trends
.

How do I buy shares of Amneal Pharmaceuticals?

Shares of AMRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Amneal Pharmaceuticals' stock price today?

One share of AMRX stock can currently be purchased for approximately $1.33.

How much money does Amneal Pharmaceuticals make?

Amneal Pharmaceuticals (NYSE:AMRX) has a market capitalization of $403.81 million and generates $2.21 billion in revenue each year. The company earns $-129,990,000.00 in net income (profit) each year or ($0.86) on an earnings per share basis.

How many employees does Amneal Pharmaceuticals have?

The company employs 7,600 workers across the globe.

How can I contact Amneal Pharmaceuticals?

Amneal Pharmaceuticals' mailing address is 400 CROSSING BOULEVARD, BRIDGEWATER NJ, 08807. The official website for the company is www.amneal.com. The company can be reached via phone at (908) 947-3120, via email at invest@amneal.com, or via fax at 908-947-3146.

This page (NYSE:AMRX) was last updated on 3/25/2023 by MarketBeat.com Staff