Amphastar P Stock Today
| AMPH Stock | USD 42.08 0.83 2.01% |
Performance0 of 100
| Odds Of DistressLess than 10
|
Amphastar is trading at 42.08 as of the 2nd of May 2024. This is a 2.01 percent increase since the beginning of the trading day. The stock's open price was 41.25. Amphastar has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Amphastar P are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 25th of June 2014 | Category Healthcare | Classification Health Care |
Amphastar Pharmaceuticals, Inc., a bio-pharmaceutical company, develops, manufactures, markets, and sells generic and proprietary injectable, inhalation, and intranasal products in the United States, China, and France. The company was founded in 1996 and is headquartered in Rancho Cucamonga, California. The company has 48.87 M outstanding shares of which 3.87 M shares are presently shorted by private and institutional investors with about 10.56 trading days to cover. More on Amphastar P
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Moving against Amphastar Stock
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| 0.56 | DXR | Daxor | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Amphastar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Amphastar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Amphastar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Jack Zhang | ||||
| Old Name | Aggregated Micro Power Hldg | ||||
| Business Concentration | Pharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, SP Small-Cap 600, NASDAQ Biotechnology, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Amphastar report their recommendations after researching Amphastar's financial statements, talking to executives and customers, or listening in on Amphastar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Amphastar P. The Amphastar consensus assessment is calculated by taking the average forecast from all of the analysts covering Amphastar. | |||||
Amphastar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Amphastar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Amphastar's financial leverage. It provides some insight into what part of Amphastar's total assets is financed by creditors.
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Amphastar P (AMPH) is traded on NASDAQ Exchange in USA. It is located in 11570 6th Street, Rancho Cucamonga, CA, United States, 91730 and employs 1,761 people. Amphastar is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Amphastar's market, we take the total number of its shares issued and multiply it by Amphastar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Amphastar P conducts business under Pharmaceuticals sector and is part of Health Care industry. The entity has 48.87 M outstanding shares of which 3.87 M shares are presently shorted by private and institutional investors with about 10.56 trading days to cover.
Amphastar P currently holds about 183.39 M in cash with 183.5 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.74.
Check Amphastar Probability Of Bankruptcy
Ownership AllocationAmphastar holds a total of 48.87 Million outstanding shares. The majority of Amphastar P outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Amphastar P to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Amphastar. Please pay attention to any change in the institutional holdings of Amphastar P as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Amphastar Ownership Details
Amphastar Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Amphastar jumping above the current price in 90 days from now is about 78.7%. The Amphastar P probability density function shows the probability of Amphastar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1047. This suggests Amphastar P market returns are responsive to returns on the market. As the market goes up or down, Amphastar is expected to follow. Additionally, amphastar P has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Amphastar to move above the current price in 90 days from now is about 78.7 (This Amphastar P probability density function shows the probability of Amphastar Stock to fall within a particular range of prices over 90 days) .
Amphastar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Amphastar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Amphastar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Amphastar's value.| Instituion | Recorded On | Shares | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 587 K | |
| Northern Trust Corp | 2023-12-31 | 575.4 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 571.1 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 554.9 K | |
| Amvescap Plc. | 2023-12-31 | 400.9 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 379.5 K | |
| Voloridge Investment Management, Llc | 2023-09-30 | 371.3 K | |
| Granite Investment Partners, Llc | 2023-12-31 | 365.3 K | |
| American Century Companies Inc | 2023-12-31 | 337.7 K | |
| Blackrock Inc | 2023-12-31 | 6 M | |
| Federated Hermes Inc | 2023-12-31 | 3.3 M |
Amphastar Historical Income Statement
Amphastar P Income Statement is one of the three primary financial statements used for reporting Amphastar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Amphastar P revenue and expense. Amphastar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Amphastar's Operating Income is increasing as compared to previous years. The Amphastar's current EBIT is estimated to increase to about 209.7 M, while Depreciation And Amortization is projected to decrease to under 21.5 M. View More FundamentalsAmphastar Stock Against Markets
Picking the right benchmark for Amphastar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Amphastar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Amphastar is critical whether you are bullish or bearish towards Amphastar P at a given time. Please also check how Amphastar's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Amphastar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Amphastar Corporate Directors
Amphastar corporate directors refer to members of an Amphastar board of directors. The board of directors generally takes responsibility for the Amphastar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Amphastar's board members must vote for the resolution. The Amphastar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Stephen Shohet | Independent Director | Profile | |
| Richard Koo | Independent Director | Profile | |
| Michael Zasloff | Independent Director | Profile | |
| Floyd Petersen | Independent Director | Profile |
How to buy Amphastar Stock?
Before investing in Amphastar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Amphastar. To buy Amphastar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Amphastar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Amphastar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Amphastar P stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Amphastar P stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Amphastar P, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Amphastar Stock please use our How to Invest in Amphastar guide.
Already Invested in Amphastar P?
The danger of trading Amphastar P is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Amphastar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Amphastar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amphastar P is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Amphastar P offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amphastar'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 Amphastar P Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amphastar P Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amphastar P. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Amphastar Stock analysis
When running Amphastar's price analysis, check to measure Amphastar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amphastar is operating at the current time. Most of Amphastar's value examination focuses on studying past and present price action to predict the probability of Amphastar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amphastar's price. Additionally, you may evaluate how the addition of Amphastar to your portfolios can decrease your overall portfolio volatility.
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Is Amphastar's industry 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 Amphastar. If investors know Amphastar 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 Amphastar 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 0.055 | Earnings Share 2.6 | Revenue Per Share 13.351 | Quarterly Revenue Growth 0.319 | Return On Assets 0.1107 |
The market value of Amphastar P is measured differently than its book value, which is the value of Amphastar that is recorded on the company's balance sheet. Investors also form their own opinion of Amphastar's value that differs from its market value or its book value, called intrinsic value, which is Amphastar'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 Amphastar's market value can be influenced by many factors that don't directly affect Amphastar'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 Amphastar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amphastar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amphastar'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.