Analyst Ratings for Amphastar Pharmaceuticals Inc. (AMPH)Updated: 2017-07-28
Analysts covering Amphastar Pharmaceuticals Inc. (NASDAQ:AMPH) have given it a consensus rating of Buy. Last month, AMPH received an average rating of Buy.
Of the 6 analysts covering the stock, 4 gave it a buy rating, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
AMPH was given price targets by several analysts. The maximum price target given was 22, implying a possible profit of 27.24 percent. The minimum price target given was 16, implying a possible loss of -7.46 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -13.39 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -22.11 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
Analysts estimate earnings of AMPH to grow at a rate of 30.84 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. AMPH has a PEG ratio of 2.95.
AMPH has traded between a high of 21.75 and a low of 12.05 over the past year. The current market price is above the trailing year's low by 43.49 percent, and 20.51 percent below the high. AMPH has a price/earnings ratio of 91. Investors typically compare the P/E ratio to a company's peers in the industry. The AMPH value stock report compares AMPH to some of its peers using value stock charts. The stock has a market capitalization of $0.8059 billion. AMPH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.