With 2.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.92 million shares. The 52-week range on AMRX shows that it touched its highest point at $9.48 and its lowest point at $5.81 during that stretch. It currently has a 1-year price target of $11.67. Beta for the stock currently stands at 1.10.
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 AMRX was down-trending over the past week, with a drop of -1.05%, but this was down by -3.46% over a month. Three-month performance dropped to -7.82% while six-month performance fell -12.02%. The stock gained 23.20% in the past year, while it has lost -4.80% so far this year. A look at the trailing 12-month EPS for AMRX yields -0.04 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.17. This implies an EPS growth rate of 21.84% for this year and 15.57% for next year. EPS is expected to grow by 20.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.70%.
Float and Shares Shorts:
At present, 313.38 million AMRX shares are outstanding with a float of 137.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMRX since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.62514 being high and $0.6 being low. For AMRX, this leads to a yearly average estimate of $0.61. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.17.
