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A look at a High Market Cap Stock: Amgen Inc., AMGN

Amgen Inc., AMGN is in the exchange NASDAQ and its industry is Biotechnology in the sector of Healthcare. Based in USA, Amgen Inc., AMGN  has a market cap of 131325.66. Since its IPO date on the 9/7/1984, Amgen Inc., AMGN performance year to date is 9.50%. Today Amgen Inc., AMGN has gained -0.18%, with a current price of 174.04.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 81.10%. The management of the company have seen the company have a payout ratio of 36.30%. Return of assets are at 10.10%, with return on investment at 12.50%.

In terms of debt levels and profit levels, Amgen Inc., AMGN is seeing a long-term debt/equity of 0.93. While Total debt/equity is 1.1. With a profit margin of 33.10%, this is combined with a gross margin of 81.40%, and operating margin of 40.70%. Amgen Inc. ability to meet debt levels, with a current ratio of 4, while the quick ratio is 3.7.

For the last year Amgen Inc., AMGN has seen a EPS growth of 35.20%. A performance for the year of 15.11%. The 52-week high is -1.47%, and the 52-week low is 37.08%. The average volume for Amgen Inc., AMGN is 1424643.

With a target price of 191.06, can Amgen Inc., AMGN reach this target? Looking at the value indicators of Amgen Inc., AMGN. Amgen Inc. has a P/E of 17.84 and a forward P/E of 13.96. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.1. Amgen Inc. also has a P/S and a P/B of 5.84 and 4.35 respectively. For P/cash, Amgen Inc. has a value of 3.75, while it is 21.94 for P/free cash flow.

At the current price of 174.04, Amgen Inc. has a dividend yield of 2.29%. We see a return on equity of 25.90%.

Looking more long-term Amgen Inc., is projected to get an EPS growth for the next five years of 8.50%. In the short-term an EPS growth of 9.87% in the next year is forecasted. This is after a EPS growth of 35.20% for this year and for the last five years a 13.60% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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