Amarin Corp Ads (NASDAQ:AMRN) shares traded 8.05% up during most recent session to reach at the closing price of $15.03. The stock exchanged hands 13.9 Million shares versus average trading capacity of 10.6 Million shares, yielding a market cap of $4.78 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $34.8 within the next 52-weeks. The mean target projections are based on 5 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Amarin Corp Ads (NASDAQ:AMRN) high price target of $51 and with a conservative view have low price target of $28.
Citigroup “Downgrades” Amarin Corp Ads (NASDAQ:AMRN) in a research note issued to investors on 11/02/18 to Neutral with price target of $28.
Additionally on 10/17/18 Citigroup “Maintained” Amarin Corp Ads (NASDAQ:AMRN) to Buy setting price target at $25 and on 9/25/18 Jefferies “Maintained” the stock to Buy at $15. Furthermore on 9/25/18 Citigroup “Maintained” the stock to Buy at $17.
On the other hand the company has Relative Strength Index (RSI 14) of 47.86 along with Average True Range (ATR 14) of 1.17, Consequently Amarin Corp Ads (NASDAQ:AMRN)’s weekly and monthly volatility is 9.80%, 7.97% respectively. The company’s beta value is at 1.1.
In terms of Buy, Sell or Hold recommendations, Amarin Corp Ads (NASDAQ:AMRN) has analysts’ mean recommendation of 1.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Amarin Corp Ads (NASDAQ:AMRN)’s minimum EPS for the current quarter is at $-0.12 and can go high up to $-0.05. The consensus mean EPS for the current quarter is at $-0.1 derived from a total of 5 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.08 earnings per share for the same quarter during last year.
Previously Amarin Corp Ads (NASDAQ:AMRN) reported $-0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.1 by $0.02. The company posted an earnings surprise of 20%.
Amarin Corp Ads (NASDAQ:AMRN)’s revenue estimates for the current quarter are $69.43 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $78.7 Million in contradiction of low revenue estimates of $58.4 Million. For the current year the company’s revenue estimates are $221.35 Million compared to low analyst estimates of $210.3 Million and high estimates of $230.6 Million according to 4 number of analysts.
Currently Amarin Corp Ads (NASDAQ:AMRN)’s shares owned by insiders are 0.9%, whereas shares owned by institutional owners are 45.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.3%.
Amarin Corp Ads (NASDAQ:AMRN)’s trailing twelve month revenues are $205.8 Million, whereas its price to sales ratio for the same period is 23.24. Its book value per share for the most recent quarter is $-0.25 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.26, however its price to cash per share ratio for the same period is 58.41. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.