Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of AMN Healthcare Services Inc (NYSE: AMN) closed at $26.57 in the last session, up 2.35% from day before closing price of $25.96. In other words, the price has increased by $2.35 from its previous closing price. On the day, 0.85 million shares were traded.
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 39.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.54.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 1.43.
Stock Price History:
Over the past 52 weeks, AMN has reached a high of $70.07, while it has fallen to a 52-week low of $22.47. The 50-Day Moving Average of the stock is 3.77%, while the 200-Day Moving Average is calculated to be -35.63%.
Shares Statistics:
A total of 38.08M shares are outstanding, with a floating share count of 37.88M. Insiders hold about 0.80% of the company’s shares, while institutions hold 105.46% stake in the company.
