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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.74 million shares were traded. AMGN stock price reached its highest trading level at $310.31 during the session, while it also had its lowest trading level at $306.46.
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 16.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 12.75 whereas as Long-Term Debt/Eq ratio is at 11.96.
On May 03, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $230 to $300.
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. On Nov 08 ’23, another insider, Graham Jonathan P, who serves as the EVP, Gen. Counsel & Secy. of the company, sold 10,000 shares for $272.81 each. As a result, the insider received 2,728,136 and left with 28,078 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, AMGN now has a Market Capitalization of 164889395200 and an Enterprise Value of 219201290240. As of this moment, AMGEN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.95, and their Forward P/E ratio for the next fiscal year is 14.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.62 while its Price-to-Book (P/B) ratio in mrq is 32.83. Its current Enterprise Value per Revenue stands at 7.423 whereas that against EBITDA is 18.803.
Stock Price History:
Over the past 52 weeks, AMGN has reached a high of $329.72, while it has fallen to a 52-week low of $215.32. The 50-Day Moving Average of the stock is 6.61%, while the 200-Day Moving Average is calculated to be 9.52%.
Shares Statistics:
For the past three months, AMGN has traded an average of 2.66M shares per day and 2576890 over the past ten days. A total of 535.40M shares are outstanding, with a floating share count of 535.20M. Insiders hold about 0.23% of the company’s shares, while institutions hold 78.21% stake in the company. Shares short for AMGN as of 1715731200 were 10248044 with a Short Ratio of 3.86, compared to 1713139200 on 10110322. Therefore, it implies a Short% of Shares Outstanding of 10248044 and a Short% of Float of 1.91.
Dividends & Splits
According to the company, the forward annual dividend rate for AMGN is 8.76, from 8.64 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028109446The stock’s 5-year Average Dividend Yield is 2.97.
