A History of Outperforming Analyst Forecasts and Beating the Odds: Amphastar Pharmaceuticals Inc (AMPH)

With 0.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Drug Manufacturers – Specialty & Generic company that operates in wider Healthcare sector, reached to the highest price of $43.215 whereas the lowest price it dropped to was $41.27. The 52-week range on AMPH shows that it touched its highest point at $67.66 and its lowest point at $38.43 during that stretch. It currently has a 1-year price target of $62.60. Beta for the stock currently stands at 0.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMPH was down-trending over the past week, with a drop of -3.44%, but this was up by 1.28% over a month. Three-month performance dropped to -24.57% while six-month performance fell -21.42%. The stock lost -0.77% in the past year, while it has lost -33.23% so far this year. A look at the trailing 12-month EPS for AMPH yields 2.90 with Next year EPS estimates of 4.23. For the next quarter, that number is 0.80. This implies an EPS growth rate of 14.31% for this year and 11.46% for next year.

Float and Shares Shorts:

At present, 48.07 million AMPH shares are outstanding with a float of 35.14 million shares on hand for trading. On 2024-04-30, short shares totaled 3.99 million, which was 815.99995 higher than short shares on 1711584000. In addition to Dr. Ziping Luo Ph.D. as the firm’s Chairman of the Board, Chief Scientist & COO, Dr. Yongfeng Zhang Ph.D. serves as its Co-Founder, President, CEO, Chief Scientific Officer & Director.

Institutional Ownership:

Through their ownership of 0.70161 of AMPH’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, AMPH reported revenue of $171836000.0 and operating income of $48010000.0. The EBITDA in the recently reported quarter was $70450000.0 and diluted EPS was $0.81.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMPH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.