Amgen Inc Stock Buy Hold or Sell Recommendation
| AMGN Stock | USD 294.00 0.53 0.18% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Amgen Inc is 'Strong Hold'. The recommendation algorithm takes into account all of Amgen's available fundamental, technical, and predictive indicators you will find on this site.
Check out Amgen Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Amgen and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Amgen Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Amgen |
Execute Amgen Buy or Sell Advice
The Amgen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Amgen Inc. Macroaxis does not own or have any residual interests in Amgen Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Amgen's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Amgen Trading Alerts and Improvement Suggestions
| Amgen Inc generated a negative expected return over the last 90 days | |
| Amgen Inc has a poor financial position based on the latest SEC disclosures | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Why Amgen is a Top Value Stock for the Long-Term |
Amgen Returns Distribution Density
The distribution of Amgen's historical returns is an attempt to chart the uncertainty of Amgen's future price movements. The chart of the probability distribution of Amgen daily returns describes the distribution of returns around its average expected value. We use Amgen Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Amgen returns is essential to provide solid investment advice for Amgen.
| Mean Return | -0.12 | Value At Risk | -1.9 | Potential Upside | 1.67 | Standard Deviation | 1.57 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Amgen historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Amgen Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Amgen, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Amgen Inc back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 5.6 M | Bank Of New York Mellon Corp | 2024-06-30 | 5.4 M | Goldman Sachs Group Inc | 2024-06-30 | 5.2 M | Royal Bank Of Canada | 2024-06-30 | 5 M | Legal & General Group Plc | 2024-06-30 | 4.8 M | Hhg Plc | 2024-06-30 | 4.6 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 4.5 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 4.4 M | Fmr Inc | 2024-09-30 | 4.2 M | Vanguard Group Inc | 2024-09-30 | 52.4 M | Blackrock Inc | 2024-06-30 | 46 M |
Amgen Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (66M) | (215M) | (165M) | (742M) | 491M | 515.6M | |
| Change In Cash | (908M) | 229M | 1.7B | (360M) | 3.3B | 3.5B | |
| Free Cash Flow | 8.5B | 9.9B | 8.4B | 8.8B | 7.4B | 4.5B | |
| Depreciation | 2.2B | 3.6B | 3.4B | 3.4B | 4.1B | 4.3B | |
| Other Non Cash Items | (186M) | (195M) | 1.3B | 1.3B | (991M) | (941.5M) | |
| Capital Expenditures | 618M | 608M | 880M | 936M | 1.1B | 663.6M | |
| Net Income | 7.8B | 7.3B | 5.9B | 6.6B | 6.7B | 3.4B | |
| End Period Cash Flow | 6.0B | 6.3B | 8.0B | 7.6B | 10.9B | 11.5B | |
| Change To Netincome | 205M | (152M) | 3.4B | 485M | 557.8M | 379.4M | |
| Investments | 20.0B | (4.7B) | 733M | (6.0B) | (2.6B) | (2.5B) | |
| Change Receivables | (504M) | (427M) | (429M) | (746M) | (671.4M) | (637.8M) | |
| Net Borrowings | (4.5B) | 2.5B | 795M | 6.6B | 6.0B | 6.3B | |
| Dividends Paid | 3.5B | 3.8B | 4.0B | 4.2B | 4.6B | 2.9B |
Amgen Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Amgen or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Amgen's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Amgen stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 1.59 | |
Ir | Information ratio | -0.16 |
Amgen Volatility Alert
Amgen Inc exhibits very low volatility with skewness of -2.05 and kurtosis of 7.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Amgen's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Amgen's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Amgen Fundamentals Vs Peers
Comparing Amgen's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Amgen's direct or indirect competition across all of the common fundamentals between Amgen and the related equities. This way, we can detect undervalued stocks with similar characteristics as Amgen or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Amgen's fundamental indicators could also be used in its relative valuation, which is a method of valuing Amgen by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Amgen to competition |
| Fundamentals | Amgen | Peer Average |
| Return On Equity | 0.56 | -0.31 |
| Return On Asset | 0.046 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.24 % | (5.51) % |
| Current Valuation | 209.71 B | 16.62 B |
| Shares Outstanding | 537.53 M | 571.82 M |
| Shares Owned By Insiders | 0.24 % | 10.09 % |
| Shares Owned By Institutions | 81.09 % | 39.21 % |
| Number Of Shares Shorted | 8.82 M | 4.71 M |
| Price To Earning | 22.74 X | 28.72 X |
| Price To Book | 21.03 X | 9.51 X |
| Price To Sales | 4.87 X | 11.42 X |
| Revenue | 28.19 B | 9.43 B |
| Gross Profit | 19.92 B | 27.38 B |
| EBITDA | 7.9 B | 3.9 B |
| Net Income | 6.72 B | 570.98 M |
| Cash And Equivalents | 11.48 B | 2.7 B |
| Cash Per Share | 21.51 X | 5.01 X |
| Total Debt | 64.61 B | 5.32 B |
| Current Ratio | 1.68 X | 2.16 X |
| Book Value Per Share | 14.00 X | 1.93 K |
| Cash Flow From Operations | 8.47 B | 971.22 M |
| Short Ratio | 5.11 X | 4.00 X |
| Earnings Per Share | 7.83 X | 3.12 X |
| Price To Earnings To Growth | 2.12 X | 4.89 X |
| Target Price | 334.06 | |
| Number Of Employees | 26.7 K | 18.84 K |
| Beta | 0.6 | -0.15 |
| Market Capitalization | 158.32 B | 19.03 B |
| Total Asset | 97.15 B | 29.47 B |
| Retained Earnings | (26.55 B) | 9.33 B |
| Working Capital | 11.94 B | 1.48 B |
| Current Asset | 38.52 B | 9.34 B |
Note: Disposition of tradable shares by Miller Derek of Amgen at 311.29 subject to Rule 16b-3 [view details]
Amgen Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Amgen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 60327.88 | |||
| Daily Balance Of Power | (0.14) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 295.41 | |||
| Day Typical Price | 294.94 | |||
| Price Action Indicator | (1.67) | |||
| Period Momentum Indicator | (0.53) | |||
| Relative Strength Index | 53.65 |
About Amgen Buy or Sell Advice
When is the right time to buy or sell Amgen Inc? Buying financial instruments such as Amgen Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Amgen Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amgen. If investors know Amgen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amgen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.621 | Dividend Share 8.88 | Earnings Share 7.83 | Revenue Per Share 60.641 | Quarterly Revenue Growth 0.232 |
The market value of Amgen Inc is measured differently than its book value, which is the value of Amgen that is recorded on the company's balance sheet. Investors also form their own opinion of Amgen's value that differs from its market value or its book value, called intrinsic value, which is Amgen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Amgen's market value can be influenced by many factors that don't directly affect Amgen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Amgen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amgen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amgen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.