Albany Molecular Research Inc. Stock Upgraded (AMRI)
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- Powered by its strong earnings growth of 100.00% and other important driving factors, this stock has surged by 94.75% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, AMRI should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- ALBANY MOLECULAR RESH INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, ALBANY MOLECULAR RESH INC turned its bottom line around by earning $0.40 versus -$0.12 in the prior year. This year, the market expects an improvement in earnings ($0.77 versus $0.40).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Life Sciences Tools & Services industry. The net income increased by 134.4% when compared to the same quarter one year prior, rising from $1.92 million to $4.49 million.
- The current debt-to-equity ratio, 0.50, is low and is below the industry average, implying that there has been successful management of debt levels. Along with this, the company maintains a quick ratio of 5.38, which clearly demonstrates the ability to cover short-term cash needs.
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