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AMGEN Inc (NASDAQ: AMGN) closed the day trading at $278.10 down -1.69% from the previous closing price of $282.87. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 4.57 million shares were traded. AMGN stock price reached its highest trading level at $282.391 during the session, while it also had its lowest trading level at $276.895.
Ratios:
For a better understanding of AMGN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.03. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 8.02 whereas as Long-Term Debt/Eq ratio is at 7.55.
On November 14, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $335.
On October 17, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $380.Bernstein initiated its Outperform rating on October 17, 2024, with a $380 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 03 ’24 when Grygiel Nancy A. sold 2,117 shares for $313.09 per share. The transaction valued at 662,802 led to the insider holds 9,883 shares of the business.
Grygiel Nancy A. sold 2,096 shares of AMGN for $572,276 on Dec 04 ’23. The SVP & CCO now owns 10,874 shares after completing the transaction at $273.03 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMGN now has a Market Capitalization of 149487927296 and an Enterprise Value of 200874852352. As of this moment, AMGEN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.61, and their Forward P/E ratio for the next fiscal year is 13.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.67 while its Price-to-Book (P/B) ratio in mrq is 19.86. Its current Enterprise Value per Revenue stands at 6.174 whereas that against EBITDA is 16.402.
Stock Price History:
Over the past 52 weeks, AMGN has reached a high of $346.85, while it has fallen to a 52-week low of $257.80. The 50-Day Moving Average of the stock is -10.67%, while the 200-Day Moving Average is calculated to be -9.02%.
Shares Statistics:
Over the past 3-months, AMGN traded about 2.60M shares per day on average, while over the past 10 days, AMGN traded about 5363810 shares per day. A total of 537.50M shares are outstanding, with a floating share count of 536.14M. Insiders hold about 0.26% of the company’s shares, while institutions hold 77.99% stake in the company. Shares short for AMGN as of 1731628800 were 9805318 with a Short Ratio of 3.78, compared to 1728950400 on 9372122. Therefore, it implies a Short% of Shares Outstanding of 9805318 and a Short% of Float of 1.83.
Dividends & Splits
AMGN’s forward annual dividend rate is 9.00, up from 8.88 a year ago. Against a Trailing Annual Dividend Yield of 0.031392515The stock’s 5-year Average Dividend Yield is 2.97.
