Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Amarin Corp ADR (NASDAQ: AMRN) closed at $16.14 up 2.67% from its previous closing price of $15.72. In other words, the price has increased by $2.67 from its previous closing price. On the day, 0.1 million shares were traded. AMRN stock price reached its highest trading level at $16.22 during the session, while it also had its lowest trading level at $15.51.
Ratios:
For a deeper understanding of Amarin Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On October 25, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $3 to $1.
Jefferies Upgraded its Hold to Buy on January 06, 2023, whereas the target price for the stock was revised from $1.30 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMRN now has a Market Capitalization of 335593920 and an Enterprise Value of 6434323456. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 28.378 whereas that against EBITDA is -260.869.
Stock Price History:
The Beta on a monthly basis for AMRN is 0.72, which has changed by 0.54117644 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, AMRN has reached a high of $20.90, while it has fallen to a 52-week low of $7.08. The 50-Day Moving Average of the stock is -6.31%, while the 200-Day Moving Average is calculated to be 17.55%.
Shares Statistics:
For the past three months, AMRN has traded an average of 100.60K shares per day and 80540 over the past ten days. A total of 20.80M shares are outstanding, with a floating share count of 20.71M. Insiders hold about 0.42% of the company’s shares, while institutions hold 19.41% stake in the company. Shares short for AMRN as of 1763078400 were 394621 with a Short Ratio of 3.92, compared to 1760486400 on 341942. Therefore, it implies a Short% of Shares Outstanding of 394621 and a Short% of Float of 2.76.
Earnings Estimates
Amarin Corp ADR (AMRN) is presently subject to a detailed evaluation by 1.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.22 and $0.22 for the fiscal current year, implying an average EPS of $0.22. EPS for the following year is $0.59, with 1.0 analysts recommending between $0.59 and $0.59.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $50.62M this quarter.It ranges from a high estimate of $50.84M to a low estimate of $50.4M. As of. The current estimate, Amarin Corp ADR’s year-ago sales were $62.31MFor the next quarter, 2 analysts are estimating revenue of $42.76M. There is a high estimate of $42.76M for the next quarter, whereas the lowest estimate is $42.76M.
A total of 2 analysts have provided revenue estimates for AMRN’s current fiscal year. The highest revenue estimate was $215.27M, while the lowest revenue estimate was $214.9M, resulting in an average revenue estimate of $215.08M. In the same quarter a year ago, actual revenue was $228.61MBased on 2 analysts’ estimates, the company’s revenue will be $174.85M in the next fiscal year. The high estimate is $186.8M and the low estimate is $162.89M.
