AGN - Allergan plc

NYSE - NYSE Delayed Price. Currency in USD
138.78
-1.42 (-1.01%)
At close: 4:03PM EDT
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Previous Close140.20
Open139.30
Bid0.00 x 1200
Ask0.00 x 800
Day's Range138.48 - 139.71
52 Week Range125.84 - 197.00
Volume1,425,382
Avg. Volume2,271,730
Market Cap45.492B
Beta (3Y Monthly)1.55
PE Ratio (TTM)N/A
EPS (TTM)-21.46
Earnings DateJul 24, 2019 - Jul 29, 2019
Forward Dividend & Yield2.96 (2.02%)
Ex-Dividend Date2019-05-13
1y Target Est178.84
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of AGN earnings conference call or presentation 7-May-19 12:30pm GMT

    Q1 2019 Allergan plc Earnings Call

  • PR Newswire4 days ago

    Allergan Expands PLEDGE Clinical Research Program in Diabetic Gastroparesis

    -- Five PLEDGE studies now active and enrolling patients to evaluate the safety and efficacy of relamorelin (investigational drug) in people with diabetic gastroparesis -- DUBLIN , May 17, 2019 /PRNewswire/ ...

  • Consider This Before Buying Allergan plc (NYSE:AGN) For The 2.2% Dividend
    Simply Wall St.5 days ago

    Consider This Before Buying Allergan plc (NYSE:AGN) For The 2.2% Dividend

    Is Allergan plc (NYSE:AGN) a good dividend stock? How would you know? Dividend paying companies with growing earnings...

  • PR Newswire5 days ago

    Allergan to Present at the Bernstein Strategic Decisions Conference

    DUBLIN , May 16, 2019 /PRNewswire/ -- Allergan plc (NYSE: AGN) today announced that Chairman and CEO Brent Saunders will participate in a fireside chat at the Bernstein 35 th Annual Strategic Decisions ...

  • Wallace Weitz Exits Allergan, Trims Liberty Broadband Position
    GuruFocus.com5 days ago

    Wallace Weitz Exits Allergan, Trims Liberty Broadband Position

    Wallace Weitz (Trades, Portfolio), co-chief investment officer of Weitz Investment Management, sold shares of the following stocks during the first quarter. Warning! GuruFocus has detected 2 Warning Sign with AGN. The trade had an impact of -2.39% on the portfolio.

  • PR Newswire6 days ago

    Allergan to Present VRAYLAR® (cariprazine) Data at the American Psychiatric Association (APA) 2019 Annual Meeting Highlighting Continued Commitment to Mental Health

    Abstracts will showcase research on VRAYLAR, including a focus on an investigational use for the treatment of bipolar depression FDA action on supplemental New Drug Application (sNDA) for VRAYLAR for the ...

  • Business Wire6 days ago

    PatientFi® Announces Study Partnership with Allergan

    Commercial Study Will Measure Impact of Increasing Access and Affordability of Aesthetic Procedures

  • Leidos feels effects of a nationally known ‘corporate gadfly’
    American City Business Journals8 days ago

    Leidos feels effects of a nationally known ‘corporate gadfly’

    The tech contractor finds itself in a litany of companies tied together by activist investor John Chevedden.

  • 5 Growthy Biotech Stocks to Buy Despite the Scrutiny
    InvestorPlace8 days ago

    5 Growthy Biotech Stocks to Buy Despite the Scrutiny

    One would think that the biotechnology sector is immune from trade tensions, but that is not the case. Biotech stocks are very much prone to selloffs during heightened global insecurity. In general, U.S-China trade tensions have derailed investor confidence. Growth sectors filled with unproven businesses, such as biotechs, have been hurt the most as uncertainty is anathema to investors during downturns.In particular, tariffs and trade barriers will raise prices for consumers and crimp economic output. Add the government scrutiny over drug prices and the desire for Medicare for all, and suddenly the prospects worsen for biotech companies.If the U.S. government does not make progress toward changing the drug development and approval process, drug prices will not fall as much as investors fear. Investors could pick the most established drug companies or those with strong prospects but do not yet have a product on the market.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dividend Stocks to Buy as the Trade War Reignites There are five biotech stocks investors could buy despite the scrutiny weighing on the sector. Biotech Stocks to Buy: Allergan (AGN)Source: Everjean via FlickrMarkets are scrutinizing the leadership of CEO Brent Saunders. A group of activist shareholders tried but failed to change the executive team. In many ways, Allergan (NYSE:AGN) management is disappointing investors in executing its turnaround and growth plan. The company reported first-quarter net revenue of $3.6 billion, down 2% from last year. Without exchange rate adjustments, core growth would have been up 4.4% Y/Y.Net income grew just 1.3% from last year to $3.79 a share. The company is committed to deploying capital to improve shareholder value. It bought back $800 million of its shares and has another $2 billion left in the plan. It cut net debt/EBITDA to 2.8 times and it increased its dividends by 3% to 74 cents a share.Headwinds: The breast implant regulatory changes hurt its Natrelle line. Though a drop in textured implant sales is a headwind, 90% of Allergan's business is with smooth implants. Five approvals over the next 18 months could offset that business plus weak Alloderm and Coolsculpting revenue. The company expects approval for Cariprazine, Abicipar, Bimatoprost SR, Ubrogepant and CoolTone next.Competition for Botox is still a worry but the company reported revenue of $868 million, up by a healthy 9%, from last year's levels. Even if competition heats up, Allergan benefits from brand recognition and an established customer base. As it improves the product, the company may potentially maintain its market share in 2019. Regeneron Pharmaceuticals (REGN)Source: Shutterstock Regeneron (NASDAQ:REGN) fell sharply lower from $400 to around $325 in recent weeks. Selling pressure on its shares accelerated after the company reported first-quarter results. Earnings fell 3.5% while revenue rose 13.3%. Before the report, REGN stock traded at a P/E in the high teens on expectations that the company would sustain the 26% annual growth reported over the last five years.Skepticism over Praluent and Eylea sales growth caused investors to re-evaluate the company's growth potential. Conversely, its atopic dermatitis drug generated $374 million in quarterly sales, helped by the sequential prescription growth of 18%. An expanded indication of the drug for adolescents and children will accelerate revenue. Markets are ignoring the potential of Dupixent becoming the biggest revenue contributor to the business in the next 2-3 years. The company also received approval for treating asthma, which will further drive sales.Recent Developments: Regeneron is spending plenty of developing drugs to treat cancer. And it has four to six new molecules that it expects will advance to the clinical stage this year. This is on top of the five molecules that advanced in 2018. * 10 Stocks That Could Squeeze Short Sellers, Including CGC Staff hiring and higher SG&A costs hurt profits in the quarter but should benefit the company's bottom line in the near future. Regeneron needs to spend more to support Dupixent for asthma and for the Libtayo launches. Looking ahead, lower promotional costs and higher staff efficiency should lead to higher profits. With REGN stock now at 16 times earnings, investors should take another look at this beaten down stock. XBiotech Inc. (XBIT)Source: Shutterstock Still trading in an uptrend that began last Sept. 2018, XBiotech (NASDAQ:XBIT) is worth another look. On Mar. 1, the company, which is effectively a potential competitor to Regeneron, reported breakthrough results. In its Phase 2 trial of Bermekimab for treating atopic dermatitis, XBiotech demonstrated high efficacy for subjects. The company posted that:After only seven weeks of treatment, 71% of patients that received a 400mg bermekimab weekly regimen had at least 75% reduction in their disease.Further, the company wrote:"Within 7 weeks, using [the] patient reported Numerical Rating Scale (NRS) for itch and pain, patients receiving the 400mg bermekimab treatment regimen had 71% reduction in itch and an 84% reduction in pain."XBiotech is clearly a contender in the eczema space. If it is an eventual competitor to Regeneron, why should investors consider this stock too? XBiotech is valued with a market capitalization of just $342 million. At that level, it could attract a suiter. More clinical results that reaffirm the drug's positive results could also drive the share price higher.In its third-quarter report, XBiotech had $20.85 million in cash and reported a GAAP EPS of a loss of 14 cents. The cash on hand should cover the clinical study costs in the near-term. As the company gets closer to applying for approval, the market may grow more bullish on its stock. Dermira Inc. (DERM)Source: DermiraDermira (NASDAQ:DERM) is also developing a drug in the atopic dermatitis space. Its market cap of $571 million is still above that of XBiotech. It would have been higher if the stock did not peak at $15 in early April, only to trade at $10.70 recently.The company launched Qbrexza, a product for treating excessive sweating, seven months ago. Investor interest grew when the company posted Phase 2b data for Lebri in March. Although Regeneron's Dupixent targets IL-4 and IL-13, Lebri targets IL-13 only. The company believes that IL-13 is the central pathogenic mediator associated with the AD pathophysiology. So if its drug treats the skin barrier dysfunction, the patient itch is reduced and skin infection complications averted.Dermira is finalizing its plans for the Phase 3 study and will meet with the FDA by mid-year. The study will potentially start by the end of 2019. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% First-Quarter Results: DERM stock fell after the company reported a GAAP EPS loss of $1.49. It generated revenue of $2.45 million. These figures have little meaning at this time because the stock's valuation depends on the clinical trial results for Lebri. For now, revenue growth will depend on Qbrexza prescriptions. Expect strong sales momentum: on the company's website, page views topped 50,000 unique weekly visitors. As the company accelerates brand awareness through advertising, the market share for Qbrexza will continue growing. CRISPR Therapeutics AG (CRSP)Source: Shutterstock Continuing on the theme of biotechnology stocks in the development phase, investors should consider buying CRISPR Therapeutics AG (NASDAQ:CRSP) as shares continue to rebound. The stock fell to as low as $22 last Dec. 2018 but climbed steadily throughout this year. CRSP stock traded recently at $39.10.The company's mandate is to create transformative gene-based medicines for serious diseases. The company has roots in developing a treatment for sickle cell but is expanding its market. In April, the FDA designated its therapy candidate CTX001 for fast track review. Together with its partner, Vertex Pharmaceuticals (NASDAQ: VRTX), the drug, used for the treatment of transfusion-dependent beta thalassemia (TDT), could get to market sooner with the fast track.In February, the company announced that the first patient had been treated with CTX001 in a Phase 1/2 clinical study of patients with TDT. Enrollment for the study is ongoing.CRSPR's next-generation of I/O cell therapy will have two characteristics. First Allogeneic CAR-T will be off-the-shelf and will have more potent starting material. Second, it will have solid tumor efficacy. The benefits include targeting tumors with greater selectivity, avoiding exhaustion, and modulating suppressive TMEs (tumor microenvironments).First-Quarter Results: CRISPR reported a Q1 GAAP EPS loss of 93 cents. As a company still in the product development stage, investors need not be concerned. What is important is its cash balance of $437.5 million in cash as of March 31, 2019. With plenty of funds available to cover R&D costs, the company is unlikely to issue shares in the near-term.As of this writing, the author did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed Compare Brokers The post 5 Growthy Biotech Stocks to Buy Despite the Scrutiny appeared first on InvestorPlace.

  • Pharma Stock Roundup: AGN, NVO Report Q1 Earnings, NVS to Buy Takeda's Eye Drug
    Zacks11 days ago

    Pharma Stock Roundup: AGN, NVO Report Q1 Earnings, NVS to Buy Takeda's Eye Drug

    Allergan (AGN) and Novo Nordisk (NVO) announce Q1 results. Novartis buys rights to Takeda's dry eye disease drug, Xiidra.

  • PR Newswire12 days ago

    Allergan to Present at the Bank of America Merrill Lynch 2019 Health Care Conference

    DUBLIN , May 9, 2019 /PRNewswire/ -- Allergan plc (NYSE: AGN) today announced that Chief Financial Officer Matthew Walsh will participate in a fireside chat at the Bank of America Merrill Lynch 2019 Health ...

  • Botox Competitor Aims to Take Market Share as Allergan Stumbles
    Bloomberg13 days ago

    Botox Competitor Aims to Take Market Share as Allergan Stumbles

    Evolus Inc. has already reached 2,000 doctors with a new app and plans to expand that to 3,000 before the launch of its medicine, Jeuveau, next week. The app includes a 90-day program to start physicians with free samples to encourage more use, Chief Executive Officer David Moatazedi said in an interview at the company’s analyst day in New York. Allergan, meanwhile, is mired in debate about its long-term strategy even as Botox sales are handily beating analyst estimates.

  • Allergan Fended Off Botox Rivalries In The First Quarter — But Can It Last?
    Investor's Business Daily14 days ago

    Allergan Fended Off Botox Rivalries In The First Quarter — But Can It Last?

    Allergan and Mylan earnings beat first-quarter estimates Tuesday, but Mylan stock tumbled after sales came in light. Allergan stock dipped a fraction, though sales were better than expected.

  • Allergan stock slips despite revenue beat, a sign of investors’ worries over company’s future
    MarketWatch14 days ago

    Allergan stock slips despite revenue beat, a sign of investors’ worries over company’s future

    Allergan posts quarterly results that top estimates, but the company’s stock has struggled as generic competition ramps up.

  • Epipen Parent's Faceplant Is a Cautionary Tale for Botox Maker
    Bloomberg14 days ago

    Epipen Parent's Faceplant Is a Cautionary Tale for Botox Maker

    Mylan’s sales missed Wall Street targets and the company offered no update on a strategic review that’s been in progress since August. Allergan’s quarter was saved by its blockbuster Botox, which helped the company raise its full-year guidance. While both companies disappointed shareholders, it wouldn’t fair to put Allergan in the same basket as Mylan; it isn’t in quite the same dire straits.

  • What You Need to Know About Allergan's Solid Q1 Performance
    Motley Fool14 days ago

    What You Need to Know About Allergan's Solid Q1 Performance

    Here's why the drugmaker topped revenue and earnings expectations in Q1.

  • Allergan PLC (AGN) Q1 2019 Earnings Call Transcript
    Motley Fool14 days ago

    Allergan PLC (AGN) Q1 2019 Earnings Call Transcript

    AGN earnings call for the period ending May 7, 2019.

  • TheStreet.com14 days ago

    Regeneron Stock Could Fall 13% to 52-Week Lows

    Analysts had been looking for essentially flat earnings growth for 2019, while revenue is expected to grow 10% for the year - below the rate that Regeneron grew first-quarter sales. In 2016 and 2017, we can see that $340 was support for Regeneron stock, while this level acted as resistance in the first half of 2018. When that happened, shares of Regeneron ultimately bottomed near $290, a level we could revisit sooner rather than later.

  • Allergan CEO says company is urgently looking at all options to boost share price
    Reuters14 days ago

    Allergan CEO says company is urgently looking at all options to boost share price

    Allergan shares fell more than 4 percent despite reporting better-than-expected first-quarter profit and raising its 2019 sales and earnings forecasts, more than twice the drop in the broader markets. Allergan shareholders last week voted down a non-binding proposal by activist investors that sought an immediate split of the CEO and chairman roles, but it was hardly a resounding victory for Saunders.

  • TheStreet.com14 days ago

    Allergan Tops Q1 Earnings Estimate, Boosts Full-Year Profit Outlook

    posted stronger-than-expected first quarter earnings Tuesday, and boosted its full-year profit guidance, as Botox sales continue to drive top-line growth for the Dublin-based pharmaceutical group. Allergan said adjusted non-GAAP earnings for the three months ending in March came in at $3.79 per share, up 1.3% from the same period last year and well ahead of the Street consensus of $3.55 cents per share. Looking into 2019, Allergan said it sees non-GAAP revenues in the range of $15.10 billion to $15.40 billion, around half a percent better than its prior forecast, with non-GAAP earnings of around $16.55, 20 cents ahead of the group's prior forecast.

  • Allergan (AGN) Beats on Q1 Earnings & Sales, Raises '19 View
    Zacks14 days ago

    Allergan (AGN) Beats on Q1 Earnings & Sales, Raises '19 View

    Allergan's (AGN) stock declines slightly in pre-market trading despite the company delivering earnings and revenue beat in the first quarter while marginally raising its guidance

  • Time to buy ArcelorMittal? Any interest in Alibaba? What about Fitbit? The viewers #AskHalftime
    CNBC Videos16 hours ago

    Time to buy ArcelorMittal? Any interest in Alibaba? What about Fitbit? The viewers #AskHalftime

    The "Halftime Report" traders answer viewer questions on ArcelorMittal, Alibaba, Fitbit and Allergan