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Amgen NasdaqGS:AMGN Stock Report

Last Price

US$331.01

Market Cap

US$177.0b

7D

2.0%

1Y

29.1%

Updated

29 Aug, 2024

Data

Company Financials +

Community Narratives

Narratives bring a range of perspectives from our community.

US$317.40
FV
4.3% overvalued intrinsic discount
5.80%
Revenue growth p.a.
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about 1 month agoauthor updated this narrative

Amgen Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Amgen
Historical stock prices
Current Share PriceUS$331.01
52 Week HighUS$346.85
52 Week LowUS$248.38
Beta0.58
11 Month Change-0.68%
3 Month Change8.23%
1 Year Change29.13%
33 Year Change46.49%
5 Year Change59.41%
Change since IPO235,284.89%

Recent News & Updates

Amgen: Growth Is Still A Better Choice

Aug 28

Amgen Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen Next

Aug 09
Amgen Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen Next

Amgen: Shows Why Dividend Investing Is Getting Tougher

Aug 07

Recent updates

Amgen: Growth Is Still A Better Choice

Aug 28

Amgen Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen Next

Aug 09
Amgen Inc. Just Missed EPS By 46%: Here's What Analysts Think Will Happen Next

Amgen: Shows Why Dividend Investing Is Getting Tougher

Aug 07

Amgen (NASDAQ:AMGN) Takes On Some Risk With Its Use Of Debt

Jul 26
Amgen (NASDAQ:AMGN) Takes On Some Risk With Its Use Of Debt

The Price Is Right For Amgen Inc. (NASDAQ:AMGN)

Jul 11
The Price Is Right For Amgen Inc. (NASDAQ:AMGN)

Amgen: An Emerging GLP-1 Play, Modest Mid-Teens P/E With Strong Momentum

Jul 05

Amgen: You Haven't Seen Anything Yet

Jun 17

Amgen Is A Fantastic Dividend Growth Stock With A Weight-Loss Wild Card

Jun 04

Amgen Stock: Poised To Break Out (Technical Analysis)

May 21

Is Amgen Inc. (NASDAQ:AMGN) Trading At A 41% Discount?

May 04
Is Amgen Inc. (NASDAQ:AMGN) Trading At A 41% Discount?

Amgen Stock: Recent Weakness Is Not A Buying Opportunity Yet

May 01

Amgen: The Giant With An Impressive Pipeline

Apr 15

Is Amgen (NASDAQ:AMGN) Using Too Much Debt?

Apr 01
Is Amgen (NASDAQ:AMGN) Using Too Much Debt?

Move Over Eli Lilly: Amgen Could Be The Next Obesity Wonder Stock

Mar 31

Amgen Will Benefit From Increased Medical Spending

Mar 12

Amgen: A Good Dividend Growth Stock For The Watch List

Mar 04

Amgen's (NASDAQ:AMGN) Shareholders May Want To Dig Deeper Than Statutory Profit

Feb 21
Amgen's (NASDAQ:AMGN) Shareholders May Want To Dig Deeper Than Statutory Profit

Pinning Down Amgen Inc.'s (NASDAQ:AMGN) P/E Is Difficult Right Now

Feb 16
Pinning Down Amgen Inc.'s (NASDAQ:AMGN) P/E Is Difficult Right Now

Amgen: Weight Loss Drug Candidate Debate A Red Herring - Buying The Dip Advisable

Feb 08

Amgen: Accelerating The Business And Dividend Growth

Jan 29

Is Amgen Inc. (NASDAQ:AMGN) Trading At A 44% Discount?

Jan 29
Is Amgen Inc. (NASDAQ:AMGN) Trading At A 44% Discount?

Up 40%, 3%-Yielding Amgen Is Still One Of My Favorite Healthcare Stocks

Jan 22

Is Amgen (NASDAQ:AMGN) A Risky Investment?

Dec 28
Is Amgen (NASDAQ:AMGN) A Risky Investment?

Here's Why Amgen (NASDAQ:AMGN) Has Caught The Eye Of Investors

Dec 13
Here's Why Amgen (NASDAQ:AMGN) Has Caught The Eye Of Investors

Are Investors Undervaluing Amgen Inc. (NASDAQ:AMGN) By 46%?

Oct 23
Are Investors Undervaluing Amgen Inc. (NASDAQ:AMGN) By 46%?

Is Amgen (NASDAQ:AMGN) Using Too Much Debt?

Sep 22
Is Amgen (NASDAQ:AMGN) Using Too Much Debt?

Do Amgen's (NASDAQ:AMGN) Earnings Warrant Your Attention?

Sep 04
Do Amgen's (NASDAQ:AMGN) Earnings Warrant Your Attention?

Amgen (NASDAQ:AMGN) Is Increasing Its Dividend To $2.13

Aug 05
Amgen (NASDAQ:AMGN) Is Increasing Its Dividend To $2.13

Shareholder Returns

AMGNUS BiotechsUS Market
7D2.0%0.9%0.3%
1Y29.1%15.2%22.2%

Return vs Industry: AMGN exceeded the US Biotechs industry which returned 15.2% over the past year.

Return vs Market: AMGN exceeded the US Market which returned 22.2% over the past year.

Price Volatility

Is AMGN's price volatile compared to industry and market?
AMGN volatility
AMGN Average Weekly Movement2.9%
Biotechs Industry Average Movement10.4%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: AMGN has not had significant price volatility in the past 3 months.

Volatility Over Time: AMGN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198026,700Bob Bradwaywww.amgen.com

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company’s principal products include Enbrel to treat plaque psoriasis, rheumatoid arthritis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet’s disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for men and women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout. It also markets other products, including Neulasta, MVASI, AMJEVITA/AMGEVITA, TEZSPIRE, Parsabiv, Aimovig, LUMAKRAS/LUMYKRAS, EPOGEN, KANJINTI, TAVNEOS, RAVICTI, UPLIZNA and PROCYSBI.

Amgen Inc. Fundamentals Summary

How do Amgen's earnings and revenue compare to its market cap?
AMGN fundamental statistics
Market capUS$177.04b
Earnings (TTM)US$3.13b
Revenue (TTM)US$30.93b

56.8x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMGN income statement (TTM)
RevenueUS$30.93b
Cost of RevenueUS$11.32b
Gross ProfitUS$19.62b
Other ExpensesUS$16.49b
EarningsUS$3.13b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.83
Gross Margin63.41%
Net Profit Margin10.12%
Debt/Equity Ratio1,057.3%

How did AMGN perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

150%

Payout Ratio