Science

Is Allergan Plc (NYSE:AGN) a Buy? The Stock Reported more Sellers

The institutional investor owned 26,804 shares of the company's stock after buying an additional 3,077 shares during the quarter. Nwam LLC increased its stake in shares of Allergan plc by 848.5% in the third quarter. Vanguard Group Inc. now owns 22,835,689 shares of the company's stock valued at $5,551,128,000 after purchasing an additional 482,220 shares in the last quarter.

Allergan announced that its Board of Directors has authorized a stock buyback program on Monday, September 25th that authorizes the company to repurchase $2.00 billion in outstanding shares.

Allergan (NYSE:AGN) last issued its earnings results on Wednesday, November 1st. Finally, Epoch Investment Partners Inc. grew its position in shares of Allergan by 1.0% during the third quarter. The NYSE-listed company saw a recent bid of $166.90 on volume of 3.42 million shares.

A number of other large investors also recently modified their holdings of AGN. The Georgia-based Marshwinds Advisory has invested 0.1% in Allergan plc (NYSE:AGN). (UA) worth $153.43 million at the end of the most recent reporting period.

Allergan plc (AGN) traded down 0.45% during mid-day trading on Tuesday, hitting $222.11. Peloton Wealth Strategists now owns 10,485 shares of the company's stock worth $2,149,000 after buying an additional 2,835 shares during the period. The stock has a 50 day moving average price of $233.51 and a 200-day moving average price of $223.88. In this case performance of tends to percentage rate of return for a stock for a given time frame. A low ratio specifies that the company is possibly undervalued, while a higher than average P/S may suggest overvaluation.

Allergan plc (AGN)'s average Piotroski F-Score: 6 during the last 7 years. The company reported $4.15 EPS for the quarter, topping the consensus estimate of $4.06 by $0.09. Allergan plc had a net margin of 100.04% and a return on equity of 7.21%.

Analysts are also projecting an Average Revenue Estimate for Allergan plc as $4.27 Million in the Current Quarter. During the same quarter in the previous year, the business posted $3.04 EPS. On average, analysts forecast that Allergan plc will post $16.11 earnings per share for the current year.

The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. Frontier Invest Mgmt Co reported 29,992 shares or 0.71% of all its holdings. This represents a $2.80 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, May 16th.

AGN has been the subject of several research analyst reports. UBS reissued an "outperform" rating and set a $275.00 price target on shares of Allergan in a report on Wednesday, August 9th. Cantor Fitzgerald maintained the shares of AGN in report on Tuesday, July 18 with "Hold" rating.

We can also take a look at some stock volatility data on shares of Allergan plc (NYSE:AGN). The rating was maintained by Raymond James on Thursday, April 7 with "Outperform". Out of 5 Wall Street analysts rating Devon Energy, 3 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". The firm has "Buy" rating by Cowen & Co given on Friday, September 8. The average 1-year price target for (AGN) reveals an average price target of $231.86 per share. Following the completion of the sale, the director now owns 274,226 shares in the company, valued at approximately $67,646,069.68. (NOV) stake by 12.58% reported in 2017Q2 SEC filing. The company has Beta Value of 1.12 and ATR value of 5.28. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. The disclosure for this purchase can be found here. Company insiders own 0.36% of the company's stock. Rockefeller Financial Services Inc. increased its position in Allergan by 283.7% during the 3rd quarter.

Allergan plc, a specialty pharmaceutical company, develops, makes, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide.

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