Equities Analysts Offer Predictions for AMAG Pharmaceuticals, Inc.’s FY2022 Earnings (AMAG)

AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) – Equities researchers at B. Riley issued their FY2022 earnings per share (EPS) estimates for AMAG Pharmaceuticals in a research report issued on Tuesday. B. Riley analyst D. Buck expects that the specialty pharmaceutical company will post earnings per share of $1.78 for the year. B. Riley has a “Hold” rating and a $16.00 price objective on the stock.

AMAG Pharmaceuticals (NASDAQ:AMAG) last issued its quarterly earnings results on Thursday, November 2nd. The specialty pharmaceutical company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $1.61. AMAG Pharmaceuticals had a negative return on equity of 0.64% and a negative net margin of 35.35%.

Several other brokerages have also issued reports on AMAG. Zacks Investment Research raised AMAG Pharmaceuticals from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, October 4th. Cantor Fitzgerald reaffirmed a “hold” rating and set a $21.00 price target on shares of AMAG Pharmaceuticals in a research note on Thursday, September 28th. Janney Montgomery Scott reaffirmed a “hold” rating on shares of AMAG Pharmaceuticals in a research note on Tuesday, October 17th. Piper Jaffray Companies initiated coverage on AMAG Pharmaceuticals in a research note on Monday, October 23rd. They set a “neutral” rating and a $18.00 price target on the stock. Finally, ValuEngine raised AMAG Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Twelve equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $21.00.

Shares of AMAG Pharmaceuticals (NASDAQ:AMAG) traded down $0.70 on Wednesday, hitting $13.25. The stock had a trading volume of 797,989 shares, compared to its average volume of 825,392. The company has a quick ratio of 1.48, a current ratio of 1.59 and a debt-to-equity ratio of 0.94. AMAG Pharmaceuticals has a twelve month low of $11.93 and a twelve month high of $25.20. The firm has a market capitalization of $467.57, a price-to-earnings ratio of -2.18 and a beta of 0.79.

Institutional investors have recently made changes to their positions in the business. Hartford Investment Management Co. bought a new stake in shares of AMAG Pharmaceuticals in the third quarter worth about $186,000. 361 Capital LLC bought a new stake in shares of AMAG Pharmaceuticals in the third quarter worth about $197,000. Cubist Systematic Strategies LLC bought a new stake in shares of AMAG Pharmaceuticals in the third quarter worth about $197,000. Aperio Group LLC bought a new stake in shares of AMAG Pharmaceuticals in the third quarter worth about $198,000. Finally, Municipal Employees Retirement System of Michigan increased its holdings in shares of AMAG Pharmaceuticals by 58.8% in the third quarter. Municipal Employees Retirement System of Michigan now owns 13,150 shares of the specialty pharmaceutical company’s stock worth $243,000 after acquiring an additional 4,870 shares in the last quarter.

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About AMAG Pharmaceuticals

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.

Earnings History and Estimates for AMAG Pharmaceuticals (NASDAQ:AMAG)

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