AMN Healthcare Services Inc (AMN)’s Market Momentum: Closing Strong at 25.51, Down -2.34

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

As of close of business last night, AMN Healthcare Services Inc’s stock clocked out at $25.51, down -2.34% from its previous closing price of $26.12. In other words, the price has decreased by -$2.34 from its previous closing price. On the day, 0.74 million shares were traded. AMN stock price reached its highest trading level at $26.81 during the session, while it also had its lowest trading level at $25.4.

Ratios:

To gain a deeper understanding of AMN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.31.

On October 07, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $65 to $48.

On December 06, 2023, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $85.JMP Securities initiated its Mkt Outperform rating on December 06, 2023, with a $85 target price.

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 Nov 02 ’24 when Knudson Jeffrey R sold 2,461 shares for $36.90 per share. The transaction valued at 90,811 led to the insider holds 37,550 shares of the business.

Caballero Jorge A. bought 2,000 shares of AMN for $113,600 on Mar 06 ’24. The Director now owns 2,437 shares after completing the transaction at $56.80 per share. On Mar 04 ’24, another insider, Fontenot Teri G., who serves as the Director of the company, bought 1,732 shares for $57.64 each. As a result, the insider paid 99,832 and bolstered with 4,558 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, AMN now has a Market Capitalization of 971260096 and an Enterprise Value of 2115126656. As of this moment, AMN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.38, and their Forward P/E ratio for the next fiscal year is 16.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 0.69 whereas that against EBITDA is 6.834.

Stock Price History:

The Beta on a monthly basis for AMN is 0.05, which has changed by -0.64341295 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, AMN has reached a high of $79.74, while it has fallen to a 52-week low of $22.47. The 50-Day Moving Average of the stock is -5.82%, while the 200-Day Moving Average is calculated to be -44.50%.

Shares Statistics:

It appears that AMN traded 1.02M shares on average per day over the past three months and 710750 shares per day over the past ten days. A total of 38.02M shares are outstanding, with a floating share count of 37.78M. Insiders hold about 0.78% of the company’s shares, while institutions hold 118.02% stake in the company. Shares short for AMN as of 1735603200 were 4038977 with a Short Ratio of 3.96, compared to 1732838400 on 4072427. Therefore, it implies a Short% of Shares Outstanding of 4038977 and a Short% of Float of 14.829998999999999.

Most Popular