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Amarin Corporation Plc (AMRN)
NASDAQ:AMRN
Amarin (AMRN) Stock Price & Analysis
3,135 Followers
AMRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.65 - $1.49
Previous Close$0.92
Volume662.53K
Average Volume (3M)1.76M
Market Cap
$361.81M
Enterprise Value$62.97M
Total Cash (Recent Filing)$320.70M
Total Debt (Recent Filing)$8.74M
Price to Earnings (P/E)-6.3
Beta1.80
Next Earnings
May 01, 2024EPS Estimate
-$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding410,671,800
10 Day Avg. Volume1,209,718
30 Day Avg. Volume1,762,325
Standard Deviation0.24
R-Squared0.20
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)0.71
Price to Sales (P/S)4.82
Price to Cash Flow (P/CF)-146.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.23
Enterprise Value/Gross Profit0.31
Enterprise Value/Ebitda-1.16
Forecast
1Y Price Target
$1.13Price Target Upside27.68% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering2
Amarin News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAmarin Corp. demonstrates strong financial health with $321 million in cash and investments, alongside a robust $10 million positive cash flow for the fiscal year.
Market PerformanceAmarin's higher than expected sales in the US indicate a stronger market performance than anticipated, reinforcing its stable ~57% market share despite competition from generics.
Strategic InitiativesAmarin's international expansion and cost-saving strategies show promise for growth and efficiency, with progress in European markets and plans for a $50 million share repurchase program.
Bears Say
Pricing PressureThe company continues to see a low single-digit impact to pricing annually, which is viewed as an expected albeit concerning trend.
Profitability Concerns4Q23 gross margin declined to 58% from 70% in 4Q22.
Revenue ImpactConsistent decline in US sales and increasing competition from generic products, posing a threat to future revenue.
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Ownership Overview
19.73% Insiders
0.75% Mutual Funds
0.31% Other Institutional Investors
79.21% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AMRN FAQ
What was Amarin Corporation Plc’s price range in the past 12 months?
Amarin Corporation Plc lowest stock price was $0.65 and its highest was $1.49 in the past 12 months.
What is Amarin Corporation Plc’s market cap?
Currently, no data Available
When is Amarin Corporation Plc’s upcoming earnings report date?
Amarin Corporation Plc’s upcoming earnings report date is May 01, 2024 which is in 13 days.
How were Amarin Corporation Plc’s earnings last quarter?
Amarin Corporation Plc released its earnings results on Feb 29, 2024. The company reported -$0.01 earnings per share for the quarter, beating the consensus estimate of -$0.027 by $0.017.
Is Amarin Corporation Plc overvalued?
According to Wall Street analysts Amarin Corporation Plc’s price is currently Undervalued.
Does Amarin Corporation Plc pay dividends?
Amarin Corporation Plc does not currently pay dividends.
What is Amarin Corporation Plc’s EPS estimate?
Amarin Corporation Plc’s EPS estimate is -$0.03.
How many shares outstanding does Amarin Corporation Plc have?
Amarin Corporation Plc has 410,671,800 shares outstanding.
What happened to Amarin Corporation Plc’s price movement after its last earnings report?
Amarin Corporation Plc reported an EPS of -$0.01 in its last earnings report, beating expectations of -$0.027. Following the earnings report the stock price went down -18.939%.
Which hedge fund is a major shareholder of Amarin Corporation Plc?
Among the largest hedge funds holding Amarin Corporation Plc’s share is SCP Investment, LP. It holds Amarin Corporation Plc’s shares valued at 2M.
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Amarin Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$1.13 (27.68% Upside)
$1.13 (27.68% Upside)
Blogger Sentiment
Neutral
AMRN Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 2.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $15.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-34.02%
12-Months-Change
Fundamentals
Return on Equity
-10.33%
Trailing 12-Months
Asset Growth
-6.15%
Trailing 12-Months
Company Description
Amarin Corporation Plc
Amarin Corp. Plc is a biopharmaceutical company, which focuses on the commercialization and development of therapeutics for cardiovascular health. Its product development program leverages its experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. It has developed and markets Vascepa capsules through wholesale. The company was founded by Geoffrey W. Guy on March 1, 1989 and is headquartered in Dublin, Ireland.
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AMRN Company Deck
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AMRN Earnings Call
Q4 2024
0:00 / 0:00
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AMRN Stock 12 Months Forecast
Average Price Target
$1.13
▲(27.68% Upside)
Technical Analysis
Best Analysts Covering AMRN
1 Year
1 Year Success Rate
6/31 ratings generated profit
1 Year Average Return
-8.07%
reiterated a buy rating 9 months ago
Copying Louise Chen's trades and holding each position for 1 Year would result in 19.35% of your transactions generating a profit, with an average return of -8.07% per trade.
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