AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) – Analysts at Leerink Swann issued their FY2019 EPS estimates for shares of AMAG Pharmaceuticals in a research note issued to investors on Tuesday. Leerink Swann analyst J. Schwartz anticipates that the specialty pharmaceutical company will post earnings per share of $0.68 for the year. Leerink Swann has a “Market Perform” rating and a $25.00 price target on the stock.
A number of other brokerages have also commented on AMAG. Cantor Fitzgerald set a $24.00 price target on shares of AMAG Pharmaceuticals and gave the stock a “hold” rating in a report on Monday, February 27th. Jefferies Group LLC set a $40.00 price target on shares of AMAG Pharmaceuticals and gave the stock a “buy” rating in a report on Saturday, March 18th. Zacks Investment Research lowered shares of AMAG Pharmaceuticals from a “hold” rating to a “strong sell” rating in a report on Monday, January 9th. Cowen and Company lowered shares of AMAG Pharmaceuticals from an “outperform” rating to a “market perform” rating in a report on Friday, February 3rd. Finally, Raymond James Financial, Inc. reiterated an “underperform” rating on shares of AMAG Pharmaceuticals in a report on Monday, January 9th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $32.00.
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Shares of AMAG Pharmaceuticals (NASDAQ:AMAG) traded up 0.333% on Friday, hitting $22.625. The stock had a trading volume of 416,878 shares. The firm’s market capitalization is $776.92 million. AMAG Pharmaceuticals has a 12-month low of $17.92 and a 12-month high of $36.83. The company has a 50 day moving average of $22.82 and a 200-day moving average of $26.53.
AMAG Pharmaceuticals (NASDAQ:AMAG) last announced its earnings results on Tuesday, February 14th. The specialty pharmaceutical company reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.24 by $0.55. The business earned $151.60 million during the quarter, compared to analyst estimates of $155.12 million. AMAG Pharmaceuticals had a return on equity of 11.10% and a net margin of 3.12%. The firm’s revenue was up 39.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.12 earnings per share.
A number of institutional investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC raised its position in AMAG Pharmaceuticals by 20.8% in the third quarter. Acadian Asset Management LLC now owns 4,520 shares of the specialty pharmaceutical company’s stock valued at $111,000 after buying an additional 777 shares during the last quarter. Nisa Investment Advisors LLC raised its position in AMAG Pharmaceuticals by 1,666.7% in the third quarter. Nisa Investment Advisors LLC now owns 5,300 shares of the specialty pharmaceutical company’s stock valued at $130,000 after buying an additional 5,000 shares during the last quarter. Sei Investments Co. raised its position in AMAG Pharmaceuticals by 93.3% in the third quarter. Sei Investments Co. now owns 8,287 shares of the specialty pharmaceutical company’s stock valued at $204,000 after buying an additional 4,000 shares during the last quarter. Seven Eight Capital LP purchased a new position in AMAG Pharmaceuticals during the fourth quarter valued at about $212,000. Finally, Gargoyle Investment Advisor L.L.C. purchased a new position in AMAG Pharmaceuticals during the third quarter valued at about $220,000.
AMAG Pharmaceuticals Company Profile
AMAG Pharmaceuticals, Inc is a pharmaceutical company. The Company’s segment is the manufacture, development and commercialization of products and services for use in treating various conditions, with a focus on maternal health, anemia management and cancer supportive care. Its offerings focus on maternal health, anemia management and cancer supportive care, including its product, Makena (hydroxyprogesterone caproate injection); services related to the collection, processing and storage of umbilical cord blood stem cell and cord tissue units operated through Cord Blood Registry (CBR); its product, Feraheme (ferumoxytol), for intravenous (IV) use, and MuGard Mucoadhesive Oral Wound Rinse.
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