Market Momentum: AMN Healthcare Services Inc (AMN) Registers a -1.19 Decrease, Closing at 24.91

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AMN Healthcare Services Inc (NYSE: AMN) closed the day trading at $24.91 down -1.19% from the previous closing price of $25.21. In other words, the price has decreased by -$1.19 from its previous closing price. On the day, 0.64 million shares were traded. AMN stock price reached its highest trading level at $25.62 during the session, while it also had its lowest trading level at $24.55.

Ratios:

For a better understanding of AMN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.47. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 948415872 and an Enterprise Value of 2092282368. As of this moment, AMN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.95, and their Forward P/E ratio for the next fiscal year is 16.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 0.682 whereas that against EBITDA is 6.761.

Stock Price History:

The Beta on a monthly basis for AMN is 0.15, which has changed by -0.67011255 over the last 52 weeks, in comparison to a change of 0.21659255 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 -4.39%, while the 200-Day Moving Average is calculated to be -42.51%.

Shares Statistics:

Over the past 3-months, AMN traded about 976.83K shares per day on average, while over the past 10 days, AMN traded about 584680 shares per day. A total of 38.02M shares are outstanding, with a floating share count of 37.68M. Insiders hold about 1.04% of the company’s shares, while institutions hold 118.13% stake in the company. Shares short for AMN as of 1736899200 were 4562612 with a Short Ratio of 4.67, compared to 1734048000 on 4791989. Therefore, it implies a Short% of Shares Outstanding of 4562612 and a Short% of Float of 16.76.

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