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NASDAQ: AMGN
Amgen Inc Stock

$299.48-11.81 (-3.79%)
Updated May 6, 2024
AMGN Price
$299.48
Fair Value Price
$490.53
Market Cap
$160.65B
52 Week Low
$211.71
52 Week High
$329.72
P/E
42.54x
P/B
31.99x
P/S
5.16x
PEG
0.97x
Dividend Yield
2.89%
Revenue
$29.53B
Earnings
$3.76B
Gross Margin
66.4%
Operating Margin
25.4%
Profit Margin
12.7%
Debt to Equity
17.52
Operating Cash Flow
$8B
Beta
0.63
Next Earnings
May 31, 2024
Ex-Dividend
May 16, 2024
Next Dividend
Jun 7, 2024

AMGN Overview

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology, and neuroscience areas. The company's products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Neulasta that reduces the chance of infection due a low white blood cell count in patients cancer; Prolia to treat postmenopausal women with osteoporosis; Xgeva for skeletal-related events prevention; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet's disease; Aranesp to treat a lower-than-normal number of red blood cells and anemia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; and Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization. It also markets Nplate, Vectibix, MVASI, Parsabiv, EPOGEN, KANJINTI, BLINCYTO, Aimovig, EVENITY, AMGEVITATM, Sensipar/Mimpara, NEUPOGEN, IMLYGIC, Corlanor, and AVSOLA. Amgen Inc. serves healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies. It distributes its products through pharmaceutical wholesale distributors, as well as direct-to-consumer channels. It has collaboration agreements with Novartis Pharma AG; UCB; Bayer HealthCare LLC; BeiGene, Ltd.; Eli Lilly and Company; Datos Health; and Verastem, Inc. to evaluate VS-6766 in combination with lumakrastm (Sotorasib) in patients with KRAS G12C-mutant non-small cell lung cancer. It has an agreement with Kyowa Kirin Co., Ltd. to jointly develop and commercialize KHK4083, a Phase 3-ready anti-OX40 fully human monoclonal antibody for the treatment of atopic dermatitis and other autoimmune diseases; and research and development collaboration with Neumora Therapeutics, Inc. and Plexium, Inc. Amgen Inc. was incorporated in 1980 and is headquartered in Thousand Oaks, California.

Zen Score

Industry Average (40)
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Due Diligence Checks

AMGN ($299.48) is undervalued by 38.95% relative to our estimate of its Fair Value price of $490.53 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
AMGN ($299.48) is significantly undervalued by 38.95% relative to our estimate of its Fair Value price of $490.53 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
AMGN ($299.48) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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AMGN News

Valuation

AMGN fair value

Fair Value of AMGN stock based on Discounted Cash Flow (DCF)
Price
$299.48
Fair Value
$490.53
Undervalued by
38.95%
AMGN ($299.48) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
AMGN ($299.48) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
AMGN ($299.48) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

AMGN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
42.54x
Industry
62.48x
Market
32.78x
AMGN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
AMGN is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

AMGN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
31.99x
Industry
6.25x
AMGN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

AMGN price to earnings growth (PEG)

For valuing profitable companies with growth potential
AMGN is good value based... subscribe to Premium to read more.
PEG Value Valuation

AMGN's financial health

Profit margin

Revenue
$7.4B
Net Income
-$113.0M
Profit Margin
-1.5%
AMGN's Earnings (EBIT) of $7.50B... subscribe to Premium to read more.
Interest Coverage Financials
AMGN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$93.0B
Liabilities
$88.0B
Debt to equity
17.52
AMGN's short-term assets ($28.03B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
AMGN's long-term liabilities ($68.24B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
AMGN's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
AMGN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$689.0M
Investing
-$217.0M
Financing
-$1.7B
AMGN's operating cash flow ($8.10B)... subscribe to Premium to read more.
Debt Coverage Financials

AMGN vs General Drug Manufacturer Stocks

TickerMarket Cap1d %P/EP/B
AMGN$160.65B-3.79%42.54x31.99x
PFE$159.01B+1.26%74.11x1.79x
SNY$124.79B+0.65%21.29x1.57x
NVS$199.41B+0.47%13.19x5.03x
BMY$88.99B-0.20%-14.21x5.40x

Amgen Stock FAQ

What is Amgen's quote symbol?

(NASDAQ: AMGN) Amgen trades on the NASDAQ under the ticker symbol AMGN. Amgen stock quotes can also be displayed as NASDAQ: AMGN.

If you're new to stock investing, here's how to buy Amgen stock.

What is the 52 week high and low for Amgen (NASDAQ: AMGN)?

(NASDAQ: AMGN) Amgen's 52-week high was $329.72, and its 52-week low was $211.71. It is currently -9.17% from its 52-week high and 41.46% from its 52-week low.

How much is Amgen stock worth today?

(NASDAQ: AMGN) Amgen currently has 536,434,692 outstanding shares. With Amgen stock trading at $299.48 per share, the total value of Amgen stock (market capitalization) is $160.65B.

Amgen stock was originally listed at a price of $13.53 in Dec 31, 1997. If you had invested in Amgen stock at $13.53, your return over the last 26 years would have been 2,112.96%, for an annualized return of 12.65% (not including any dividends or dividend reinvestments).

How much is Amgen's stock price per share?

(NASDAQ: AMGN) Amgen stock price per share is $299.48 today (as of May 6, 2024).

What is Amgen's Market Cap?

(NASDAQ: AMGN) Amgen's market cap is $160.65B, as of May 7, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Amgen's market cap is calculated by multiplying AMGN's current stock price of $299.48 by AMGN's total outstanding shares of 536,434,692.
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