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Amneal Pharmaceuticals Inc

Amneal Pharmaceuticals Inc Stock Forecast & Price Prediction

Live Amneal Pharmaceuticals Inc Stock (AMRX) Price
$8.59

0

Ratings

  • Buy 0
  • Hold 0
  • 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

$8.59

P/E Ratio

89.83

Volume Traded Today

$932,002

Dividend

Dividends not available for AMRX

52 Week High/low

8.94/3.36

Amneal Pharmaceuticals Inc Market Cap

$2.69B

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AMRX Summary

The Amneal Pharmaceuticals Inc (AMRX) share price is expected to increase by 4.77% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered AMRX. Price targets range from $7 at the low end to $10 at the high end. The current analyst consensus for AMRX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

AMRX Analyst Ratings

About 0 Wall Street analysts have assigned AMRX 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Amneal Pharmaceuticals Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AMRX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

AMRX stock forecast by analyst

These are the latest 20 analyst ratings of AMRX.

Analyst/Firm

Rating

Price Target

Change

Date

Chris Schott
JP Morgan

Neutral

$9

Upgrade

Sep 6, 2024
Balaji Prasad
Barclays

Overweight

$10

Maintains

Aug 13, 2024
Les Sulewski
Truist Securities

Buy

$10

Maintains

Aug 12, 2024
Les Sulewski
Truist Securities

Buy

$9

Reiterates

May 6, 2024
Nathan Rich
Goldman Sachs

Buy

$8

Maintains

May 6, 2024
David Amsellem
Piper Sandler

Overweight

$8

Maintains

Mar 21, 2024
Nathan Rich
Goldman Sachs

Buy

$6.25

Maintains

Mar 4, 2024
Balaji Prasad
Barclays

Overweight

$8

Maintains

Jan 29, 2024
Gregory Fraser
Truist Securities

Buy

$7

Maintains

Nov 8, 2023
Gregory Fraser
Truist Securities

Buy

$6

Reiterates

Sep 6, 2023
Balaji Prasad
Barclays

Overweight

$5

Maintains

Aug 7, 2023
David Amsellem
Piper Sandler

Overweight

$5

Maintains

Aug 7, 2023
Gregory Fraser
Truist Securities

Buy

$6

Maintains

Aug 7, 2023
David Amsellem
Piper Sandler

Overweight

$3

Maintains

May 8, 2023
Gregory Fraser
Truist Securities

Buy

$4

Maintains

Mar 29, 2023
Balaji Prasad
Barclays

Overweight

$4

Maintains

Mar 10, 2023
Nathan Rich
Goldman Sachs

Buy

$3

Maintains

Mar 3, 2023
Gary Nachman
BMO Capital

Market Perform

$4

Maintains

Mar 3, 2023
Nathan Rich
Goldman Sachs

Buy

$4

Maintains

Aug 8, 2022
Nathan Rich
Goldman Sachs

Buy

$4.5

Maintains

May 12, 2022

AMRX Company Information

What They Do: Develops and distributes pharmaceutical products worldwide.

Business Model: Amneal Pharmaceuticals generates revenue through three main segments: Generics, Specialty, and AvKARE. The Generics segment offers a wide range of generic medications in various forms, while the Specialty segment focuses on unique pharmaceutical products for central nervous system and endocrine disorders. The AvKARE segment primarily serves governmental agencies, providing pharmaceuticals and medical products.

Other Information: Founded in 2002 and headquartered in Bridgewater, New Jersey, Amneal Pharmaceuticals has evolved from its previous identity as Atlas Holdings, Inc. The company serves diverse markets by distributing products through wholesalers, hospitals, and pharmacies, ensuring a broad reach in the pharmaceutical sector.
AMRX
Amneal Pharmaceuticals Inc (AMRX)

When did it IPO

2018

Staff Count

7,850

Country

United States

Sector/Industry

Healthcare/Drug Manufacturers - Specialty & Generic

CEO

Mr. Chirag K. Patel

Market Cap

$2.69B

Amneal Pharmaceuticals Inc (AMRX) Financial Data

In 2023, AMRX generated $2.39B in revenue, which was a increase of 8.20% from the previous year. This can be seen as a signal that AMRX'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

$1.99B

Revenue From 2021

$2.09B

5.08 %
From Previous Year

Revenue From 2022

$2.21B

5.67 %
From Previous Year

Revenue From 2023

$2.39B

8.20 %
From Previous Year
  • Revenue TTM $2.60B
  • Operating Margin TTM 13.7%
  • Gross profit TTM $820.6M
  • Return on assets TTM 6.1%
  • Return on equity TTM -149.0%
  • Profit Margin -6.7%
  • Book Value Per Share -0.19%
  • Market capitalisation $2.69B
  • Revenue for 2021 $2.09B
  • Revenue for 2022 $2.21B
  • Revenue for 2023 $2.39B
  • EPS this year (TTM) $-0.79

Amneal Pharmaceuticals Inc (AMRX) Latest News

News Image

Mon, 23 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Amneal has launched CREXONT® (Carbidopa and Levodopa) extended-release capsules for Parkinson's disease treatment, expanding its product offerings in the pharmaceutical market.

Why It Matters - Amneal's launch of CREXONT® could enhance revenue growth and market share in the Parkinson's treatment space, impacting stock performance and investor sentiment.

News Image

Thu, 05 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Amneal Pharmaceuticals and Shilpa Medicare received FDA approval for BORUZUâ„¢, a ready-to-use bortezomib injection for subcutaneous or IV use, streamlining oncology treatment preparation.

Why It Matters - FDA approval of BORUZUâ„¢ enhances Amneal's product lineup, potentially increasing market share in oncology and improving revenue. This could positively impact stock performance and investor sentiment.

News Image

Tue, 03 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - AMRX stock increased by 29.3% over the past month following the FDA's approval of its Parkinson's Disease drug, Crexont.

Why It Matters - AMRX's 29.3% stock increase reflects strong market confidence following FDA approval of Crexont, indicating potential revenue growth and enhanced company valuation.

News Image

Wed, 21 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Amneal (AMRX) is highlighted as a strong momentum stock that remains reasonably priced, fitting the criteria of the 'Fast-Paced Momentum at a Bargain' screen.

Why It Matters - Amneal (AMRX) shows strong momentum while remaining reasonably priced, indicating potential for growth and value, appealing to investors seeking profitable opportunities.

News Image

Tue, 20 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Amneal Pharmaceuticals received FDA approval for its Propofol Injectable Emulsion in various dosages, enhancing its product portfolio in the anesthesia market.

Why It Matters - FDA approval for Amneal’s Propofol enhances its product portfolio, potentially boosting revenue and market share in the anesthesia segment, which can positively impact stock performance.

News Image

Tue, 20 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - LDI, Ltd. has elected Melina Kennedy, CEO of the Central Indiana Corporate Partnership, to its Board of Managers, enhancing its leadership with a focus on strategic investments in Indiana.

Why It Matters - The election of Melina Kennedy to LDI's Board enhances leadership credibility and strategic direction, potentially influencing investment decisions and stakeholder confidence in the firm's initiatives.

...

AMRX Frequently asked questions

The highest forecasted price for AMRX is $10 from Les Sulewski at Truist Securities.

The lowest forecasted price for AMRX is $7 from Gregory Fraser from Truist Securities

The AMRX analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.