Trading Day Review: AMN Healthcare Services Inc. (AMN) Loses Momentum, Closing at 56.39

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The price of AMN Healthcare Services Inc. (NYSE: AMN) closed at $56.39 in the last session, down -0.77% from day before closing price of $56.83. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 0.66 million shares were traded. AMN stock price reached its highest trading level at $58.805 during the session, while it also had its lowest trading level at $56.04.

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 38.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.96. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 1.62 whereas as Long-Term Debt/Eq ratio is at 1.61.

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:

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 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 2136532480 and an Enterprise Value of 3453883648. As of this moment, AMN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.67, and their Forward P/E ratio for the next fiscal year is 12.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 0.911 whereas that against EBITDA is 6.883.

Stock Price History:

Over the past 52 weeks, AMN has reached a high of $112.44, while it has fallen to a 52-week low of $53.77. The 50-Day Moving Average of the stock is -9.55%, while the 200-Day Moving Average is calculated to be -26.96%.

Shares Statistics:

According to the various share statistics, AMN traded on average about 821.30K shares per day over the past 3-months and 646110 shares per day over the past 10 days. A total of 37.81M shares are outstanding, with a floating share count of 37.65M. Insiders hold about 0.62% of the company’s shares, while institutions hold 104.01% stake in the company. Shares short for AMN as of 1711584000 were 3830418 with a Short Ratio of 4.66, compared to 1709164800 on 3786682. Therefore, it implies a Short% of Shares Outstanding of 3830418 and a Short% of Float of 14.16.

Earnings Estimates

The market rating for AMN Healthcare Services Inc. (AMN) is a result of the insights provided by Amazon.com, Inc. analysts actively involved in the assessment.The consensus estimate for the next quarter is $153.98, with high estimates of $0.92 and low estimates of $2.98.

Analysts are recommending an EPS of between $Healthcare and $Communication Services for the fiscal current year, implying an average EPS of $Technology.

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