Quarterly Metrics: Quick and Current Ratios for AMN Healthcare Services Inc. (AMN)

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

As of close of business last night, AMN Healthcare Services Inc.’s stock clocked out at $60.18, down -3.50% from its previous closing price of $62.36. In other words, the price has decreased by -$3.50 from its previous closing price. On the day, 0.87 million shares were traded. AMN stock price reached its highest trading level at $63.43 during the session, while it also had its lowest trading level at $59.11.

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 31.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.48. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.53.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on December 06, 2023, initiated with a Mkt Outperform rating and assigned the stock a target price of $85.

Jefferies Downgraded its Buy to Hold on November 03, 2023, whereas the target price for the stock was revised from $115 to $70.

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 Mar 06 ’24 when Caballero Jorge A. bought 2,000 shares for $56.80 per share. The transaction valued at 113,600 led to the insider holds 2,437 shares of the business.

Fontenot Teri G. bought 1,732 shares of AMN for $99,832 on Mar 04 ’24. The Director now owns 4,558 shares after completing the transaction at $57.64 per share. On Feb 29 ’24, another insider, HARRIS R JEFFREY, who serves as the Director of the company, bought 2,640 shares for $56.97 each. As a result, the insider paid 150,401 and bolstered with 54,237 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 2286671616 and an Enterprise Value of 3551745536. As of this moment, AMN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.19, and their Forward P/E ratio for the next fiscal year is 15.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 2.67. Its current Enterprise Value per Revenue stands at 1.019 whereas that against EBITDA is 8.423.

Stock Price History:

The Beta on a monthly basis for AMN is 0.20, which has changed by -0.36838794 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, AMN has reached a high of $112.44, while it has fallen to a 52-week low of $53.00. The 50-Day Moving Average of the stock is 1.17%, while the 200-Day Moving Average is calculated to be -16.63%.

Shares Statistics:

It appears that AMN traded 946.94K shares on average per day over the past three months and 1036950 shares per day over the past ten days. A total of 37.81M shares are outstanding, with a floating share count of 37.72M. Insiders hold about 0.72% of the company’s shares, while institutions hold 100.19% stake in the company. Shares short for AMN as of 1714435200 were 4316954 with a Short Ratio of 4.56, compared to 1711584000 on 3830418. Therefore, it implies a Short% of Shares Outstanding of 4316954 and a Short% of Float of 15.959999999999999.

Most Popular

[the_ad id="945"]