Amarin Non-GAAP EPS of -0.05 beats by 0.01, revenue of 42.3M misses by 2.21M

AMRN Stock  USD 0.55  0.03  5.77%   
About 60% of all Amarin PLC's investors are looking to take a long position. The analysis of the overall investor sentiment regarding Amarin PLC suggests that some traders are interested. Amarin PLC's investing sentiment overview a quick insight into current market opportunities from investing in Amarin PLC. Many technical investors use Amarin PLC stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Amarin reports Q3 2024 financial results Non-GAAP EPS beat by 0.01, revenue misses by 2.21M.

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Amarin PLC Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Amarin PLC can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Amarin PLC Fundamental Analysis

We analyze Amarin PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amarin PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amarin PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Target Price

Target Price Comparative Analysis

Amarin PLC is currently under evaluation in target price category among its peers.

Amarin PLC Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Amarin PLC stock to make a market-neutral strategy. Peer analysis of Amarin PLC could also be used in its relative valuation, which is a method of valuing Amarin PLC by comparing valuation metrics with similar companies.

Peers

Amarin PLC Related Equities

SCLXWScilex Holding   3.85   
0%
100.0%
AZNAstraZeneca PLC   2.13   
0%
55.0%
AMGNAmgen   1.60   
0%
41.0%
BMYBristol Myers   1.10   
0%
28.0%
GSKGlaxoSmithKline PLC   0.77   
0%
20.0%
SNYSanofi ADR   0.63   
0%
16.0%
GILDGilead Sciences   0.48   
0%
12.0%
NVSNovartis   0.41   
0%
10.0%
ABBVAbbVie   0.12   
0%
3.0%
BIIBBiogen   0.07   
1.0%
0%
JNJJohnson Johnson   0.21   
5.0%
0%
MRKMerck   0.68   
17.0%
0%
When determining whether Amarin PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amarin PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amarin Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amarin Plc Stock:
Check out Amarin PLC Hype Analysis, Amarin PLC Correlation and Amarin PLC Performance.
To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 Amarin PLC. If investors know Amarin 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 Amarin PLC 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
(0.94)
Earnings Share
(0.10)
Revenue Per Share
0.588
Quarterly Revenue Growth
(0.36)
Return On Assets
(0.03)
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC'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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC'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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC'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.