Considering American Well Corporation (AMWL) as a potential investment: What Should You Do?

As of close of business last night, American Well Corporation’s stock clocked out at $2.20, down -1.35% from its previous closing price of $2.23. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 1094589 shares were traded. AMWL stock price reached its highest trading level at $2.3500 during the session, while it also had its lowest trading level at $2.1900.

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To gain a deeper understanding of AMWL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.00 and its Current Ratio is at 5.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 15 when Schoenberg Ido sold 250,610 shares for $2.04 per share. The transaction valued at 512,447 led to the insider holds 1,566,299 shares of the business.

Schoenberg Roy sold 233,427 shares of AMWL for $477,312 on May 15. The President, co-CEO now owns 2,426,926 shares after completing the transaction at $2.04 per share. On May 01, another insider, Schoenberg Ido, who serves as the Chairman, co-CEO of the company, sold 10,265 shares for $2.17 each. As a result, the insider received 22,247 and left with 1,316,909 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMWL now has a Market Capitalization of 552.41M and an Enterprise Value of 59.08M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.21 whereas that against EBITDA is -0.24.

Stock Price History:

Over the past 52 weeks, AMWL has reached a high of $5.43, while it has fallen to a 52-week low of $1.95. The 50-Day Moving Average of the stock is 2.2032, while the 200-Day Moving Average is calculated to be 3.3565.

Shares Statistics:

It appears that AMWL traded 1.48M shares on average per day over the past three months and 1.63M shares per day over the past ten days. A total of 279.97M shares are outstanding, with a floating share count of 220.63M. Insiders hold about 4.50% of the company’s shares, while institutions hold 54.40% stake in the company. Shares short for AMWL as of Apr 27, 2023 were 8.78M with a Short Ratio of 8.78M, compared to 10.3M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.13% and a Short% of Float of 3.62%.

Earnings Estimates

As of right now, 8 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.26, while EPS last year was -$0.25. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.2 and low estimates of -$0.25.

Analysts are recommending an EPS of between -$0.83 and -$2.13 for the fiscal current year, implying an average EPS of -$1.8. EPS for the following year is -$0.71, with 9 analysts recommending between -$0.49 and -$0.9.

Revenue Estimates

In the current quarter, 12 analysts expect revenue to total $65.86M. It ranges from a high estimate of $67.92M to a low estimate of $63.66M. As of the current estimate, American Well Corporation’s year-ago sales were $64.52M, an estimated increase of 2.10% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $69.31M, an increase of 0.10% less than the figure of $2.10% in the same quarter last year. There is a high estimate of $72.06M for the next quarter, whereas the lowest estimate is $65.82M.

A total of 13 analysts have provided revenue estimates for AMWL’s current fiscal year. The highest revenue estimate was $279.89M, while the lowest revenue estimate was $267.94M, resulting in an average revenue estimate of $276.71M. In the same quarter a year ago, actual revenue was $277.19M, down -0.20% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $312.08M in the next fiscal year. The high estimate is $335.14M and the low estimate is $276.96M. The average revenue growth estimate for next year is up 12.80% from the average revenue estimate for this year.