Allergan PLC (AGN)

AGN (NYSE:Drugs) EQUITY
$232.37
neg -5.40
-2.30%
Today's Range: 232.57 - 238.13 | AGN Avg Daily Volume: 3,006,200
Last Update: 09/29/16 - 11:22 AM EDT
Volume: 1,000,243
YTD Performance: -23.91%
Open: $237.05
Previous Close: $237.79
52 Week Range: $195.50 - $322.68
Oustanding Shares: 395,952,199
Market Cap: 94,775,118,353
6-Month Chart
TheStreet Ratings Grade for AGN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 9 9 9 9
Moderate Buy 3 3 2 3
Hold 3 3 4 4
Moderate Sell 0 0 0 1
Strong Sell 0 0 0 0
Mean Rec. 1.57 1.57 1.63 1.79
Latest Dividend: 0.05
Latest Dividend Yield: 0.08%
Dividend Ex-Date: 02/25/15
Price Earnings Ratio: 19.35
Price Earnings Comparisons:
AGN Sector Avg. S&P 500
19.35 23.70 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
4.42% -6.70% 64.79%
GROWTH 12 Mo 3 Yr CAGR
Revenue 15.40 1.60 0.36
Net Income 0.00 -30.20 0.00
EPS 0.00 12.00 1.33
Earnings for AGN:
EBITDA 5.36B
Revenue 15.07B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (12/16) FY (12/17)
Average Estimate $3.64 $4.12 $13.98 $16.90
Number of Analysts 7 6 9 10
High Estimate $4.00 $4.33 $14.09 $17.47
Low Estimate $3.44 $3.99 $13.78 $16.07
Prior Year $3.48 $3.41 $13.43 $13.98
Growth Rate (Year over Year) 4.47% 20.82% 4.09% 20.86%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

The U.S. dollar flat-lined. The price of crude oil increased by $2 a barrel to $46.67 on the OPEC chatter, previously mentioned. Gold fell by $4.60 to $1,325 ... not trading well. Agricultural commodities mostly lower: wheat was down $0.02, corn down $0.02, soybeans down $0.07 and oats down $0.01. Lumber up $1. Bonds were unchanged, with little movement in yields. The 10-year yield was up 1, and the long bond was flat. 2s/10s (yield curve) flat at 81 basis points. Municipals flat, but junk bond prices ripped after OPEC and closed much higher on the day. Blackstone/GSO Strategic Credit Fund (BGB) rose $0.13 to nearly $15. I would sell this strength. Banks rallied despite the lousy publicity: Congressional uproar and California state's temporary cancellation of its business relationship with Wells Fargo. More in my opening missive. The canary in the coal mine, DB, rallied after weeks of weakness. My view? Neidermeyer, dead. Deutsch Bank (DB) dead.  REITs fell small, after broad gains in the last few days. I added to my iShares Dow Jones US Real Estate ETF (IYR) short. Insurance and brokerages rallied -- albeit modestly. Staying long HIG and short Morgan Stanley (MS) , Goldman Sachs (GS) , Metlife (MET) and Lincoln National (LNC) . Biotech under-performed. Allergan (AGN) , Gilead Sciences (
Charts show 'hedge hogs' shouldn't dump AAPL and some other big-caps.

A Good Day to be Short Real Money Pro($)

Why I sold Twitter on Friday. Why upside/downside targets are my investing religion.  Why it would be Goofy for Disney (DIS) to buy Twitter. Remember media companies, unlike Google and Salesforce, are bounded by EPS and cash flow. Disney has its own problems. I remain short.  A contrary view: Don't bank on the banks. As I mentioned (and added to my aforementioned thesis to avoid financials) to Jimmy Cramer in an email late this afternoon:   Jim, It is clear the Fed WANTS to raise in December. It is also clear that the rate of growth in domestic economy is slowing. If the Fed raises and the economy remains moribund, we risk a flatter curve rather than a steeper curve -- which is bad for banks and goes against the meme that a rate rise will help improve NIM and lead to improved valuations.   Fertilizer stocks trade like crap. Stay away. I am.   Damn, Chipotle Mexican Grill (CMG) ! ($20 in last three days) I was impatient and
Mr. Market, though off the day's highs, is the "world's fair." S&P 500 futures are now up by about 35 handles from the Fed's comments. Fixed income stronger; the iShares Barclays 20+ Yr Treas. Bond ETF (TLT) up a beaner. The yields on the 10-year note (1.64%) and long bond are 3-4 basis points lower. Municipals and junk are well bid. Yield is flattening as the 2s/10s spread contrac

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened The price of crude oil rose by about +$0.15 after being lower in the morning. Gold was unchanged. Agricultural commodities: wheat up 2, corn up 3, soybean up 16 and oats up 2. Lumber up 1 Bonds were slightly higher. The 10-year and long bond yields dropped by a basis point. The 2s/10s spread contracted by one basis point -- down to 91 basis points. Municipals rallied while the junk bond market fell off in price. Blackstone/GSO Strategic Credit Fund (BGB) up $0.13. Banks, insurance (I increased my Hartford Financial Services Group (HIG) holdings) and brokerages were slightly higher. Retail was mixed. I added to J C Penney (JCP) . Autos lower on dueling brokerage recommendations. Ag equipment bid better on higher ag commodity price. Energy stocks lower despite the crude oil price reversal. (I covered my energy shorts.) Old media flatlined. Biotech ripped on some large premium deals -- though  Allergan (
Stocks rally and then get smacked down in this inconsistent atmosphere.
Indicators driven by price and volume are not calling out for immediate purchase.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar retreated. The price of crude oil got schmeissed for the second day in a row, down by $1.22 to $43.68. Gold was up$2.20. I still look for a technical break under current support of $1,300 to $1,310. Agricultural commodities: wheat +2, corn +2 and soybeans flat after this week's schmeissing. No change for lumber. Bonds rallied a bit after recent weakness. I wouldn't be surprised if the small rally continues, but I stand on my "generational bottom in yIelds" thesis, as 1.60% on the 10-year remains support now The 10-year U.S. note yield (1.70%) dropped by four basis points and the long bond by two basis points. The 2s/10s spread dropped by one basis points to 93 basis points. Municipals and junk bonds moved little. Banks continued to weaken as the Wells Fargo (WFC) news worsens. I covered my Financial Select Sector SPDR ETF (XLF) short yesterday. Insurance and brokerages showed little in either direction. REITS continue to trade poorly -- a fractional gain after being manhandled over the last week. iShares U.S. Real Estate ETF (IYR) has broken down. Energy stocks fell for the second day in a row -- good for my U.S. Oil Fund (USO) , Exxon Mobil (XOM) and Schlumberger (SLB) shorts. I'm sticking with them.  Biotech strengthened on the heels of Allergan (AGN) . A former member of my Biotech Basket, Aerie Pharmaceuticals (AERI) , is up nearly 64% after hours on positive drug news. Paradise lost! Autos stalled. Retail rallied small. Dead-cat bounces in Dollar Tree (DLTR) , Dollar General (DG) and Home Depot (HD) , me thinkst. Agricultural equipment was mixed. My short, Caterpillar (CAT) , rose. Deere (DE) "Prudence" fell. Entertainment was slightly lower. Popular Disney (DIS) continues to be a great short. Staples were lower. My core short, Coca-Cola (KO) , made a new 2016 low. (T)FANG traded as flat as my Grandma Koufax's potato pancakes. In individual stocks, Radian Group (RDN) and DuPont (DD) were catching their collective breath. Twitter was better on some new product news. Here are some great value-added contributions on our site today: Jim "El Capitan" Cramer says demand is down but not out.  Divine Ms M made another great call.  "Cousin" Gary Morrow doesn't like Ford's (F) technicals. And i don't like the company's fundamentals! Rev hates the macro monkeys.  Tim "Not Judy or Phil" Collins on a balanced view.   
These stocks look good as seasonal volatility sets in.

Columnist Conversations

Seeing a similar early start to trading as of yesterday.  Open pretty flat follow by reversal, especially...
Not pretty, but former net/net (and current double-net) up 15% yesterday on 2 1/2 times normal average volume ...
PepsiCo (PEP) reported a strong beat for Q3. Earnings were $1.40 which was 8 cents ahead of the estimates. Rev...
Join me after the close for a complimentary webinar as we'll talk about the recent market action and I'll take...

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.