For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of AMN Healthcare Services Inc (NYSE: AMN) closed at $26.50 in the last session, up 11.81% from day before closing price of $23.70. In other words, the price has increased by $11.81 from its previous closing price. On the day, 2.25 million shares were traded. AMN stock price reached its highest trading level at $26.66 during the session, while it also had its lowest trading level at $23.76.
Ratios:
We take a closer look at AMN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.95. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 1008953024 and an Enterprise Value of 2152819712. As of this moment, AMN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.09, and their Forward P/E ratio for the next fiscal year is 16.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.702 whereas that against EBITDA is 6.956.
Stock Price History:
Over the past 52 weeks, AMN has reached a high of $80.22, while it has fallen to a 52-week low of $23.37. The 50-Day Moving Average of the stock is -32.28%, while the 200-Day Moving Average is calculated to be -50.16%.
Shares Statistics:
According to the various share statistics, AMN traded on average about 964.31K shares per day over the past 3-months and 1907350 shares per day over the past 10 days. A total of 37.81M shares are outstanding, with a floating share count of 37.77M. Insiders hold about 0.79% of the company’s shares, while institutions hold 116.59% stake in the company. Shares short for AMN as of 1730332800 were 4203616 with a Short Ratio of 4.36, compared to 1727654400 on 5618939. Therefore, it implies a Short% of Shares Outstanding of 4203616 and a Short% of Float of 15.47.
