On Monday, AMGEN Inc. (NASDAQ: AMGN) was -0.61% drop from the session before settling in for the closing price of $328.80. A 52-week range for AMGN has been $248.38 – $346.85.
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Healthcare Sector giant saw their annual sales surged by 3.42% over the last five years. When this article was written, the company’s average yearly earnings per share was at 4.71%. With a float of $536.01 million, this company’s outstanding shares have now reached $537.33 million.
The firm has a total of 26700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 63.17%, operating margin of 19.74%, and the pretax margin is 11.43%.
AMGEN Inc. (AMGN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AMGEN Inc. stocks. The insider ownership of AMGEN Inc. is 0.25%, while institutional ownership is 78.20%. The most recent insider transaction that took place on May 03 ’24, was worth 662,802. In this transaction SVP & CCO of this company sold 2,117 shares at a rate of $313.09, taking the stock ownership to the 9,883 shares. Before that another transaction happened on Dec 04 ’23, when Company’s SVP & CCO sold 2,096 for $273.03, making the entire transaction worth $572,276. This insider now owns 10,874 shares in total.
AMGEN Inc. (AMGN) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 4.96 earnings per share (EPS) during the time that was better than consensus figure (set at 4.67) by 0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.60% during the next five years compared to -0.22% drop over the previous five years of trading.
AMGEN Inc. (NASDAQ: AMGN) Trading Performance Indicators
You can see what AMGEN Inc. (AMGN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.71. Likewise, its price to free cash flow for the trailing twelve months is 32.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.80, a number that is poised to hit 5.13 in the next quarter and is forecasted to reach 20.83 in one year’s time.
Technical Analysis of AMGEN Inc. (AMGN)
Analysing the last 5-days average volume posted by the [AMGEN Inc., AMGN], we can find that recorded value of 1.64 million was lower than the volume posted last year of 2.58 million. As of the previous 9 days, the stock’s Stochastic %D was 63.85%. Additionally, its Average True Range was 6.84.
During the past 100 days, AMGEN Inc.’s (AMGN) raw stochastic average was set at 76.71%, which indicates a significant decrease from 81.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.05% in the past 14 days, which was higher than the 27.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $322.90, while its 200-day Moving Average is $296.09. Now, the first resistance to watch is $329.53. This is followed by the second major resistance level at $332.27. The third major resistance level sits at $334.29. If the price goes on to break the first support level at $324.77, it is likely to go to the next support level at $322.75. Should the price break the second support level, the third support level stands at $320.01.
AMGEN Inc. (NASDAQ: AMGN) Key Stats
There are 536,435K outstanding shares of the company, which has a market capitalization of 175.59 billion. As of now, sales total 28,190 M while income totals 6,717 M. Its latest quarter income was 8,388 M while its last quarter net income were 746,000 K.
