Amphastar Pharmaceuticals Inc

Amphastar Pharmaceuticals Inc Stock Forecast & Price Prediction

Live Amphastar Pharmaceuticals Inc Stock (AMPH) Price
$43.64

6

Ratings

  • Buy 4
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$43.64

P/E Ratio

14.55

Volume Traded Today

$367,115

Dividend

Dividends not available for AMPH

52 Week High/low

65.92/36.56

Amphastar Pharmaceuticals Inc Market Cap

$2.11B

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AMPH Summary

Based on ratings from 6 stock analysts, the Amphastar Pharmaceuticals Inc stock price is expected to increase by 33.36% in 12 months. This is calculated by using the average 12-month stock price forecast for Amphastar Pharmaceuticals Inc. The lowest target is $55 and the highest is $66. Please note analyst price targets are not guaranteed and could be missed completely.

AMPH Analyst Ratings

Amphastar Pharmaceuticals Inc has a total of 6 Wall St Analyst ratings. There are 4 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Amphastar Pharmaceuticals Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

AMPH stock forecast by analyst

These are the latest 20 analyst ratings of AMPH.

Analyst/Firm

Rating

Price Target

Change

Date

Joe Quatrochi
Wells Fargo

Overweight

$55

Initiates

Nov 22, 2024
Serge Belanger
Needham

Hold


Reiterates

Aug 8, 2024
David Amsellem
Piper Sandler

Overweight

$66

Maintains

Aug 8, 2024
David Amsellem
Piper Sandler

Overweight

$71

Reiterates

Jun 27, 2024
Serge Belanger
Needham

Hold


Reiterates

May 22, 2024
Serge Belanger
Needham

Hold


Reiterates

May 9, 2024
Serge Belanger
Needham

Hold


Reiterates

Apr 10, 2024
Ekaterina Knyazkova
JP Morgan

Overweight

$60

Initiates

Mar 5, 2024
Jason Gerberry
B of A Securities

Neutral

$63

Initiates

Nov 17, 2023
Glen Santangelo
Jefferies

Buy

$70

Reinstates

Jul 25, 2023
Jacob Hughes
Wells Fargo

Equal-Weight

$44

Maintains

May 17, 2023
David Amsellem
Piper Sandler

Overweight

$40

Maintains

Oct 25, 2022
Glen Santangelo
Jefferies

Buy

$36

Assumes

Oct 21, 2022
Tim Chiang
Capital One

Overweight

$44

Initiates

Jul 29, 2022
Jacob Hughes
Wells Fargo

Equal-Weight

$32

Maintains

Mar 15, 2022
David Amsellem
Piper Sandler

Overweight

$35

Maintains

Mar 11, 2022
David Amsellem
Piper Sandler

Overweight

$28

Upgrade

Jan 7, 2022

Wells Fargo

Equal-Weight

$20

Maintains

Mar 17, 2021

Wells Fargo

Equal-Weight


Downgrade

Jan 8, 2021

Northland Capital Markets

Outperform


Upgrade

Oct 5, 2020

AMPH Company Information

What They Do: Develops and sells pharmaceutical products.

Business Model: The company generates revenue by developing, manufacturing, and marketing a diverse range of generic and proprietary injectable, inhalation, and intranasal pharmaceutical products. Its offerings include treatments for severe hypoglycemia, asthma, opioid overdose, and other medical conditions, which are sold in major markets such as the United States, China, and France.

Other Information: Founded in 1996 and headquartered in Rancho Cucamonga, California, the company also focuses on developing new generic and biosimilar product candidates, enhancing its product portfolio and market reach. Its broad range of products positions it well within the pharmaceutical industry, catering to various medical needs and emergency situations.
AMPH
Amphastar Pharmaceuticals Inc (AMPH)

When did it IPO

2014

Staff Count

1,761

Country

United States

Sector/Industry

Healthcare/Drug Manufacturers - Specialty & Generic

CEO

Dr. Yongfeng Zhang Ph.D.

Market Cap

$2.11B

Amphastar Pharmaceuticals Inc (AMPH) Financial Data

In 2023, AMPH generated $644.4M in revenue, which was a increase of 29.14% from the previous year. This can be seen as a signal that AMPH's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$349.8M

Revenue From 2021

$437.8M

25.13 %
From Previous Year

Revenue From 2022

$499.0M

13.98 %
From Previous Year

Revenue From 2023

$644.4M

29.14 %
From Previous Year
  • Revenue TTM $723.5M
  • Operating Margin TTM 29.8%
  • Gross profit TTM $351.1M
  • Return on assets TTM 8.7%
  • Return on equity TTM 23.8%
  • Profit Margin 21.8%
  • Book Value Per Share 15.04%
  • Market capitalisation $2.11B
  • Revenue for 2021 $437.8M
  • Revenue for 2022 $499.0M
  • Revenue for 2023 $644.4M
  • EPS this year (TTM) $3.01

Amphastar Pharmaceuticals Inc (AMPH) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) executives will participate in a fireside chat at the Piper Sandler Healthcare Conference on December 4, 2024, at 11:30 am EST. Access via their website.

Why It Matters - Amphastar's participation in a major healthcare conference could signal upcoming strategic insights or developments, impacting investor sentiment and stock performance.

News Image

Wed, 13 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Amphastar Pharmaceuticals' CFO and EVP will participate in a fireside chat at the Jefferies London Healthcare Conference on November 20, 2024. Access details available on their website.

Why It Matters - Participation in the Jefferies Healthcare Conference highlights Amphastar's commitment to investor engagement and may influence stock performance through increased visibility and potential insights into future strategies.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Amphastar Pharmaceuticals Inc. (AMPH) held its Q3 2024 earnings call, providing insights into financial performance and business developments for investors.

Why It Matters - Amphastar Pharmaceuticals' Q3 2024 earnings call reveals financial performance and strategic direction, impacting stock valuation, investor sentiment, and potential future growth.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Accesswire

Summary - Amphastar Pharmaceuticals reported Q3 2024 net revenues of $191.2 million and a GAAP net income of $40.4 million ($0.78 per share). Adjusted net income was $49.6 million ($0.96 per share).

Why It Matters - Amphastar's strong Q3 revenue and profit growth, driven by key products like BAQSIMIยฎ and Primatene MISTยฎ, signals robust financial health and potential for continued investor returns.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Amphastar's Q3 2024 revenue and EPS should be evaluated against Wall Street estimates and year-ago figures for a comprehensive performance assessment.

Why It Matters - Comparing Amphastar's revenue and EPS with Wall Street estimates and previous year figures provides insights into its growth trajectory and market positioning, influencing investment decisions.

News Image

Wed, 06 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Amphastar Pharmaceuticals (AMPH) reported Q3 earnings of $0.96 per share, below the Zacks estimate of $1.01 and down from $1.15 per share year-over-year.

Why It Matters - Amphastar's earnings miss signals potential operational issues or declining demand, which could lead to negative sentiment and impact stock performance.

...

AMPH Frequently asked questions

The highest forecasted price for AMPH is $66 from David Amsellem at Piper Sandler.

The lowest forecasted price for AMPH is $55 from Joe Quatrochi from Wells Fargo

The AMPH analyst ratings consensus are 4 buy ratings, 2 hold ratings, and 0 sell ratings.