In recent trading session, Amneal Pharmaceuticals, Inc. (NYSE:AMRX) saw 819,858 shares changing hands with its beta currently measuring 1.68. Company’s recent per share price level of $4.65 trading at $0.2 or 6.65% at recent trade assigns it a market valuation of $1.45 Billion. That current trading price of AMRX’s stock is at a discount of -24.52% from its 52-week high price of $5.79 and is indicating a premium of 51.18% from its 52-week low price of $2.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 887.91 Million shares which gives us an average trading volume of 1.72 Million if we extend that period to 3-months.
For Amneal Pharmaceuticals, Inc. (AMRX), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.9. Splitting up the data highlights that, out of 10 analysts covering the stock, 1 rated the stock as a Sell while none recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 2 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.1 in the current quarter.
Amneal Pharmaceuticals, Inc. (NYSE:AMRX) trade information
Upright in the green today for gaining 6.42%, in the last five days AMRX remained trading in the green while hitting it’s week-highest on Monday, Jul 06 when the stock touched $4.71-1 price level, adding 1.03% to its value on the day. Amneal Pharmaceuticals, Inc.’s shares saw a change of -3.28% in year-to-date performance and have moved 3.13% in past 5-day. Amneal Pharmaceuticals, Inc. (NYSE:AMRX) showed a performance of -7.87% in past 30-days. Number of shares sold short was 5.83 Million shares which calculate 3.39 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $4.43 to the stock, which implies targetted prices is already lagging behind -4.73% to its current value. Analysts have been projecting $3 as a low price target for the stock while placing it at a high target of $6. It follows that stock’s current price would jump +29.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -35.48% for stock’s current value.
Amneal Pharmaceuticals, Inc. (AMRX) estimates and forecasts
Statistics highlight that Amneal Pharmaceuticals, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lessened -3.54% of value to its shares in past 6 months, showing an annual growth rate of 62.86% while that of industry is 10.9. Apart from that, the company came raising its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to increase by 11.1% in the current quarter and calculating 200% increase in the next quarter. This year revenue growth is estimated to rise 17.8% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $458.84 Million for the same. And 9 analysts are in estimates of company making revenue of $472.43 Million in the next quarter that will end in September 01, 2020. Company posted $404.64 Million and $378.28 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 13.4% while estimating it to be 24.9% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -40% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 60% while estimates for its earnings growth in next 5 years are of -12.1%
Amneal Pharmaceuticals, Inc. (NYSE:AMRX)’s Major holders
Insiders are in possession of 10.36% of company’s total shares while institution are holding 69.44% percent of that, with stock having share float percentage of 77.47%. Investors also watch the number of corporate investors in a company very closely, which is 187 institutions for Amneal Pharmaceuticals, Inc. that are currently holding shares of the company. Fosun International Ltd is the top institutional holder at AMRX for having 21.52 Million shares of worth $74.89 Million. And as of March 30, 2020, it was holding 14.61% of the company’s outstanding shares.
The second largest institutional holder is Tpg Group Holdings (sbs) Advisors, Inc., which was holding about 16.21 Million shares on March 30, 2020. The number of shares represents firm’s hold over 11.01% of outstanding shares, having a total worth of $56.42 Million.
On the other hand, Vanguard Specialized-Health Care Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 9306210 shares of worth $33.78 Million or 6.32% of the total outstanding shares. The later fund manager was in possession of 3.16 Million shares on March 30, 2020, making its stake of worth around $10.99 Million in the company or a holder of 2.14% of company’s stock.