Amgen Inc

Amgen is a leader in medicinal breakthroughs as it pioneered ways to use living cells to develop biological medicines. The biotech develops and commercializes drugs to treat conditions like cancer, cardiovascular disease, and bone health. The company’s top-selling drugs, Aranesp and Kyprolis, are used to treat anemia and cancer respectively.

$263.16
(as of Dec 26, 3:59 PM EST)

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Ticker Information for Amgen Inc

Stock Price
$263.16
Ticker Symbol
AMGN
Exchange
NASDAQ

Industry Information for Amgen Inc

Sector
Healthcare
Industry
Drug Manufacturers - General

Company Description for Amgen Inc

Country
USA
Full Time Employees
26,700

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. The company 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. The company has collaboration agreements with AstraZeneca plc for the development and commercialization of TEZSPIRE; Novartis Pharma AG to develop and commercialize Aimovig; UCB for the development and commercialization of EVENITY; Kyowa Kirin Co., Ltd. for rocatinlimab development and commercialization; and BeiGene, Ltd. for oncology products expansion and development. Amgen Inc. was incorporated in 1980 and is headquartered in Thousand Oaks, California.

Fundamentals for Amgen Inc

Market Capitalization
$141,467,926,528
EBITDA
$12,247,000,064
Dividends per Share
$8.88
P/E Ratio
33.57
Forward P/E Ratio
12.71
Earnings per Share
$7.84
Earnings per Share Estimate Next Year
$20.67
Profit Margin
13.00%
Shares Outstanding
537,532,992
Percent Owned by Insiders
0.21%
Percent Owned by Institutions
81.11%
52-Week High
$341.72
52-Week Low
$253.30

Technical Indicators for Amgen Inc

50-Day Moving Average
$294.68
200-Day Moving Average
$304.90
RSI
31.97
6.42

Analyst Ratings for Amgen Inc

Strong Buy
10
Buy
4
Hold
15
Sell
1
Strong Sell
2

News About Amgen Inc

Dec 20, 2024, 2:48 PM EST
Shares in the company dived after a new anti-obesity treatment missed expectations in a study, denting its chances of becoming the company’s next blockbuster weight loss drug. See more.
Dec 20, 2024, 1:36 PM EST
Novo Nordisk stock crashed Friday after the firm's next-generation weight-loss drug missed expectations in a highly anticipated study. See more.
Dec 16, 2024, 4:09 PM EST
Viridian Therapeutics stock popped Monday after the company scored a win in thyroid eye disease, a condition that causes the eyes to swell. See more.
Dec 1, 2024, 7:00 PM EST
This Stock Just Dropped by 12% in 1 Day: Should You Buy the Dip? See more.
Nov 29, 2024, 7:00 PM EST
Down 12.3% at One Point in a Single Trading Session, Is Amgen Stock Still a Buy? See more.