Amgen (AMGN) Earns News Sentiment Score of 0.05
News stories about Amgen (NASDAQ:AMGN) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amgen earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news stories about the medical research company an impact score of 47.5235850554175 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Amgen (AMGN) Cut to Neutral at Atlantic Securities (americanbankingnews.com)
- Cramer vs. Chaikin: Amgen — Be Careful of This Stock (finance.yahoo.com)
- Amgen, Inc. Forecasted to Post FY2022 Earnings of $11.45 Per Share (AMGN) (americanbankingnews.com)
- Amgen, Inc. (AMGN) to Post Q4 2018 Earnings of $3.34 Per Share, Leerink Swann Forecasts (americanbankingnews.com)
- Amgen, Inc. (AMGN) to Post Q3 2018 Earnings of $3.41 Per Share, William Blair Forecasts (americanbankingnews.com)
Amgen (NASDAQ AMGN) opened at $177.47 on Thursday. The company has a debt-to-equity ratio of 1.35, a quick ratio of 5.17 and a current ratio of 5.49. The company has a market cap of $128,830.00, a price-to-earnings ratio of 68.79, a price-to-earnings-growth ratio of 2.15 and a beta of 1.42. Amgen has a one year low of $152.16 and a one year high of $201.23.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a dividend yield of 2.98%. This is an increase from Amgen’s previous quarterly dividend of $1.15. The ex-dividend date of this dividend is Wednesday, February 14th. Amgen’s dividend payout ratio (DPR) is 178.29%.
Amgen announced that its board has authorized a stock repurchase program on Wednesday, October 25th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the medical research company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.
A number of brokerages have issued reports on AMGN. Leerink Swann reaffirmed a “market perform” rating on shares of Amgen in a report on Friday, February 2nd. Atlantic Securities lowered shares of Amgen from an “overweight” rating to a “neutral” rating and set a $187.01 price objective for the company. in a report on Monday. Royal Bank of Canada cut their price objective on shares of Amgen from $192.00 to $188.00 and set a “sector perform” rating for the company in a report on Thursday, October 26th. Oppenheimer set a $205.00 price objective on shares of Amgen and gave the company a “buy” rating in a report on Friday, January 5th. Finally, BidaskClub raised shares of Amgen from a “sell” rating to a “hold” rating in a report on Thursday, January 18th. Sixteen investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $191.49.
In other news, EVP Sean E. Harper sold 1,525 shares of Amgen stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $185.62, for a total transaction of $283,070.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 4,575 shares of company stock valued at $814,396. Corporate insiders own 0.19% of the company’s stock.
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Amgen Inc is a biotechnology company. The Company discovers, develops, manufactures and delivers various human therapeutics. It operates in human therapeutics segment. Its marketed products portfolio includes Neulasta (pegfilgrastim); erythropoiesis-stimulating agents (ESAs), such as Aranesp (darbepoetin alfa) and EPOGEN (epoetin alfa); Sensipar/Mimpara (cinacalcet); XGEVA (denosumab); Prolia (denosumab); NEUPOGEN (filgrastim), and other marketed products, such as KYPROLIS (carfilzomib), Vectibix (panitumumab), Nplate (romiplostim), Repatha (evolocumab), BLINCYTO (blinatumomab), IMLYGIC (talimogene laherparepvec) and Corlanor (ivabradine).
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