Amgen Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 43 out of 155 in the Pharmaceuticals industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 358.94.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Amgen Inc is 8.48, ranking 58 out of 155 in the Pharmaceuticals industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 8.62B, representing a year-over-year increase of 5.76%, while its net profit experienced a year-over-year increase of 5.14%.
Key Metrics
The current valuation score of Amgen Inc is 7.15, ranking 92 out of 155 in the Pharmaceuticals industry. Its current P/E ratio is 22.53, which is 156.84% below the recent high of 57.86 and 35.75% above the recent low of 14.47.
The current earnings forecast score of Amgen Inc is 6.86, ranking 125 out of 155 in the Pharmaceuticals industry. The average price target is 323.50, with a high of 400.00 and a low of 180.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Amgen Inc is 6.82, ranking 75 out of 155 in the Pharmaceuticals industry. Currently, the stock price is trading between the resistance level at 348.63 and the support level at 312.25, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Amgen Inc is 7.00, ranking 51 out of 155 in the Pharmaceuticals industry. The latest institutional shareholding proportion is 85.38%, representing a quarter-over-quarter increase of 0.22%. The largest institutional shareholder is PRIMECAP Management, holding a total of 8.87M shares, representing 1.64% of shares outstanding, with 28.63% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Pharmaceuticals domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Amgen Inc is 8.95, ranking 19 out of 155 in the Pharmaceuticals industry. The company's beta value is 0.43. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Amgen Inc’s latest ESG disclosure leads the Pharmaceuticals industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
