Added to YB: 2024-08-12
Pitch date: 2024-08-11
AMGN [bullish]
Amgen Inc.
+2.81%
current return
Author Info
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Company Info
Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company’s principal products include Enbrel for the treatment of rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet’s disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for men and women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout.
Market Cap
$171.1B
Pitch Price
$309.05
Price Target
N/A
Dividend
3.17%
EV/EBITDA
12.96
P/E
24.57
EV/Sales
6.01
Sector
Biotechnology
Category
value
Amgen Inc. - $AMGN
AMGN: Diverse portfolio w/ 12 drugs growing double digits. Strong pipeline in oncology, rare diseases & general medicine. MariTide obesity drug potential game-changer, $5-10B rev boost. 20% rev growth 2024, 4% 2025-26. Undervalued <$350. $62B debt, $10B reduction planned. Healthy dividend, 10% annual growth.
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