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In the latest session, AMGEN Inc (NASDAQ: AMGN) closed at $289.90 up 0.71% from its previous closing price of $287.87. In other words, the price has increased by $0.71 from its previous closing price. On the day, 3.55 million shares were traded. AMGN stock price reached its highest trading level at $291.11 during the session, while it also had its lowest trading level at $284.1435.
Ratios:
For a deeper understanding of AMGEN Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.80. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 155830812672 and an Enterprise Value of 206126546944. As of this moment, AMGEN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.12, and their Forward P/E ratio for the next fiscal year is 13.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.82 while its Price-to-Book (P/B) ratio in mrq is 20.70. Its current Enterprise Value per Revenue stands at 6.336 whereas that against EBITDA is 16.831.
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 $260.52. The 50-Day Moving Average of the stock is -8.63%, while the 200-Day Moving Average is calculated to be -5.23%.
Shares Statistics:
For the past three months, AMGN has traded an average of 2.15M shares per day and 3748140 over the past ten days. A total of 537.53M shares are outstanding, with a floating share count of 536.14M. Insiders hold about 0.26% of the company’s shares, while institutions hold 78.01% stake in the company. Shares short for AMGN as of 1730332800 were 8822777 with a Short Ratio of 4.10, compared to 1727654400 on 9813815. Therefore, it implies a Short% of Shares Outstanding of 8822777 and a Short% of Float of 1.6400000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for AMGN is 9.00, from 8.88 in the trailing year. Against a Trailing Annual Dividend Yield of 0.030847259The stock’s 5-year Average Dividend Yield is 2.95.
