Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Amphastar Pharmaceuticals Inc (NASDAQ: AMPH) closed the day trading at $35.43 down -2.40% from the previous closing price of $36.30. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 0.82 million shares were traded. AMPH stock price reached its highest trading level at $36.38 during the session, while it also had its lowest trading level at $34.87.
Ratios:
For a better understanding of AMPH, 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 6.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.00. For the most recent quarter (mrq), Quick Ratio is recorded 2.61 and its Current Ratio is at 3.43. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.86.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on November 22, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $55.
On March 05, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $60.
On November 17, 2023, BofA Securities started tracking the stock assigning a Neutral rating and target price of $63.BofA Securities initiated its Neutral rating on November 17, 2023, with a $63 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 Dec 13 ’24 when Zhou Rong sold 8,000 shares for $45.23 per share. The transaction valued at 361,840 led to the insider holds 118,469 shares of the business.
Zhou Rong sold 7,000 shares of AMPH for $310,975 on Dec 12 ’24. The SENIOR EVP, PRODUCTION CENTER now owns 118,469 shares after completing the transaction at $44.42 per share. On Dec 09 ’24, another insider, PRINS RICHARD K, who serves as the Director of the company, sold 10,000 shares for $43.77 each. As a result, the insider received 437,702 and left with 30,471 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMPH now has a Market Capitalization of 1703523968 and an Enterprise Value of 2082882176. As of this moment, Amphastar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.79, and their Forward P/E ratio for the next fiscal year is 8.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 2.879 whereas that against EBITDA is 7.812.
Stock Price History:
The Beta on a monthly basis for AMPH is 0.82, which has changed by -0.36114043 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, AMPH has reached a high of $65.92, while it has fallen to a 52-week low of $35.68. The 50-Day Moving Average of the stock is -19.93%, while the 200-Day Moving Average is calculated to be -18.70%.
Shares Statistics:
Over the past 3-months, AMPH traded about 451.79K shares per day on average, while over the past 10 days, AMPH traded about 687670 shares per day. A total of 48.37M shares are outstanding, with a floating share count of 35.79M. Insiders hold about 25.56% of the company’s shares, while institutions hold 74.77% stake in the company. Shares short for AMPH as of 1734048000 were 4365856 with a Short Ratio of 9.66, compared to 1731628800 on 4235323. Therefore, it implies a Short% of Shares Outstanding of 4365856 and a Short% of Float of 13.96.
