Amarin Corporation PLC

Company Profile

Amarin Corporation PLC had its IPO on 1993-04-01 under the ticker symbol AMRN.

The company operates in the Healthcare sector and Drug Manufacturers-General industry. Amarin Corporation PLC has a staff strength of 365 employees.

Stock update

Shares of Amarin Corporation PLC opened at $1.55 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $1.47 - $1.55, and closed at $1.54.

This is a 0% increase from the previous day's closing price.

A total volume of 2,246,258 shares were traded at the close of the day’s session.

In the last one week, shares of Amarin Corporation PLC have increased by +0.65%.

Amarin Corporation PLC's Key Ratios

Amarin Corporation PLC has a market cap of $743.19 million, indicating a price to book ratio of 0.7969 and a price to sales ratio of 1.1826.

In the last 12-months Amarin Corporation PLC’s revenue was $369.19 million with a gross profit of $260.56 million and an EBITDA of $-71169000. The EBITDA ratio measures Amarin Corporation PLC's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Amarin Corporation PLC’s operating margin was -20.12% while its return on assets stood at -4.75% with a return of equity of -16.76%.

In Q4, Amarin Corporation PLC’s quarterly earnings growth was a negative -94.2% while revenue growth was a negative 37.5%.

Amarin Corporation PLC’s PE and PEG Ratio

Forward PE

500

Trailing PE

0

PEG

-1.74

Its diluted EPS in the last 12-months stands at $-0.22 per share while it has a forward price to earnings multiple of 500 and a PEG multiple of -1.74. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Amarin Corporation PLC’s profitability.

Amarin Corporation PLC stock is trading at a EV to sales ratio of 0.4792 and a EV to EBITDA ratio of -2.2825. Its price to sales ratio in the trailing 12-months stood at 1.1826.

Amarin Corporation PLC stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$886.18 million

Total Liabilities

$259.48 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Amarin Corporation PLC ended 2023 with $886.18 million in total assets and $0 in total liabilities. Its intangible assets were valued at $886.18 million while shareholder equity stood at $595.33 million.

Amarin Corporation PLC ended 2023 with $0 in deferred long-term liabilities, $259.48 million in other current liabilities, 299002000.00 in common stock, $-1527251000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $217.67 million and cash and short-term investments were $309.36 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Amarin Corporation PLC’s total current assets stands at $689.10 million while long-term investments were $0 and short-term investments were $91.70 million. Its net receivables were $130.99 million compared to accounts payable of $64.60 million and inventory worth $228.73 million.

In 2023, Amarin Corporation PLC's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Amarin Corporation PLC paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.54

52-Week High

$3.74

52-Week Low

$1.04

Analyst Target Price

$3.57

Amarin Corporation PLC stock is currently trading at $1.54 per share. It touched a 52-week high of $3.74 and a 52-week low of $3.74. Analysts tracking the stock have a 12-month average target price of $3.57.

Its 50-day moving average was $1.78 and 200-day moving average was $1.45 The short ratio stood at 2.17 indicating a short percent outstanding of 0%.

Around 48.1% of the company’s stock are held by insiders while 3417.9% are held by institutions.