Wall Street brokerages predict that AMAG Pharmaceuticals, Inc. (NASDAQ:AMAG) will post sales of $163.39 million for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for AMAG Pharmaceuticals’ earnings, with the highest sales estimate coming in at $178.41 million and the lowest estimate coming in at $155.46 million. AMAG Pharmaceuticals posted sales of $151.59 million during the same quarter last year, which would indicate a positive year over year growth rate of 7.8%. The business is scheduled to announce its next quarterly earnings report on Tuesday, February 13th.

According to Zacks, analysts expect that AMAG Pharmaceuticals will report full-year sales of $163.39 million for the current year, with estimates ranging from $607.98 million to $619.76 million. For the next year, analysts expect that the firm will report sales of $526.37 million per share, with estimates ranging from $474.90 million to $653.60 million. Zacks’ sales calculations are a mean average based on a survey of analysts that cover AMAG Pharmaceuticals.

A number of research analysts recently commented on the stock. Zacks Investment Research raised shares of AMAG Pharmaceuticals from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Wednesday, October 4th. Morgan Stanley started coverage on shares of AMAG Pharmaceuticals in a research report on Friday, September 8th. They set an “overweight” rating and a $26.00 price objective on the stock. Cantor Fitzgerald reiterated a “hold” rating and issued a $21.00 target price on shares of AMAG Pharmaceuticals in a research note on Thursday, September 28th. BidaskClub cut shares of AMAG Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Finally, Cowen reiterated a “hold” rating on shares of AMAG Pharmaceuticals in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $24.00.

Shares of AMAG Pharmaceuticals (AMAG) traded up $0.05 on Friday, reaching $14.00. 467,716 shares of the company were exchanged, compared to its average volume of 754,836. AMAG Pharmaceuticals has a 52-week low of $11.93 and a 52-week high of $36.83. The company has a current ratio of 1.59, a quick ratio of 1.48 and a debt-to-equity ratio of 0.94.

Institutional investors have recently modified their holdings of the company. State of Alaska Department of Revenue lifted its stake in shares of AMAG Pharmaceuticals by 81.3% in the second quarter. State of Alaska Department of Revenue now owns 6,871 shares of the specialty pharmaceutical company’s stock worth $126,000 after buying an additional 3,081 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its stake in AMAG Pharmaceuticals by 6.6% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 8,280 shares of the specialty pharmaceutical company’s stock valued at $152,000 after purchasing an additional 510 shares during the last quarter. Hartford Investment Management Co. acquired a new position in AMAG Pharmaceuticals during the 3rd quarter valued at $186,000. Cubist Systematic Strategies LLC acquired a new position in AMAG Pharmaceuticals during the 3rd quarter valued at $197,000. Finally, 361 Capital LLC acquired a new position in AMAG Pharmaceuticals during the 3rd quarter valued at $197,000.

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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.

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

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