Are Things Looking Up For AMGEN Inc. (NASDAQ: AMGN)?

After Hours

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Stocks Info

The company is listed on the NASDAQ and operates within the Drug Manufacturers – General industry segment. The current market capitalization of AMGEN Inc. is $163.62B. A total of 1.92 million shares were traded on the day, compared to an average of 2.63M shares.

In the most recent transaction, Grygiel Nancy A. sold 2,117 shares of AMGN for 313.09 per share on May 03 ’24. After the transaction, the SVP & CCO now owns 9,883 company shares. In a previous transaction on Dec 04 ’23, Grygiel Nancy A. sold 2,096 shares at 273.03 per share. AMGN shares that SVP & CCO owns now total 10,874.

Among the insiders who sold shares, Graham Jonathan P disposed of 10,000 shares on Nov 08 ’23 at a per-share price of $272.81. This resulted in the EVP, Gen. Counsel & Secy. holding 28,078 shares of AMGN after the transaction. In another insider transaction, AMGEN INC bought 1,764,705 shares at $17.00 per share on Sep 19 ’23. Company shares held by the 10% Owner now total 35,368,653.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. AMGEN Inc. pays an annual dividend of $8.76, resulting in a dividend yield of 2.87%, and it has a price to earnings (P/E) ratio of 43.62. AMGN’s most recent ex-dividend date was 5/16/2024 when it declared a $2.25 quarterly dividend that was paid in cash on 6/7/2024. Previously, the company paid the dividend on 3/7/2024 with an ex-dividend date of 2/15/2024. The AMGN stock dividend was $2.25 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, AMGN has a high of $329.72 and a low of $215.32.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. AMGN’s latest balance sheet shows that the firm has $8.04B in Cash & Short Term Investments as of fiscal 2021. There were $33.31B in debt and $12.18B in liabilities at the time. Its Book Value Per Share was $9.36, while its Total Shareholder’s Equity was $6.70B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMGN is Buy with a score of 3.84.

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