AMN Healthcare Services Inc (NYSE: AMN) Emerges As Guiding Light For Investors

AMN Healthcare Services Inc (NYSE:AMN) currently has a daily average trading volume of 1.04M but it saw 815260 shares traded in last market. With a market cap of 780.44M USD, the company’s current market price of $20.43 came rising about 1.29 while comparing to the previous closing price of $20.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $70.07 and as low as $17.45. In the recent trading on the day, stock has struck highest price mark of $19.415 while lowest mark touched by it was $20.63.

Taking a look at 20-day trading activity of AMN Healthcare Services Inc (AMN) gives us an average price of $19.55, while its current price level is -70.84% below from 52-week high level whereas it is 17.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $22.95 while that of 200 days or SMA-200 reads an average of $34.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.76% during that period while stretching the period over a month that increases to 6.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.95 which implies that the stock is in neutral territory.

BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on October 07, 2024 while assigning a price target range of $65-$48. JMP Securities issued its recommendations for the stock as it initiated the price target for the stock is $85.

Over the week, AMN’s stock price is moving 12.44% up while it is -16.48% when we observe its performance for the past one month. Year-to-date it is -14.59% down and over the past year, the stock is showing a downside performance of -64.23%.

The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of 0.2 while estimate for next year EPS is 0.99. In next quarter, company is expected to be making quarterly sales of $648.92M as analysts are expecting the sales for current fiscal year at $2.64B and seeing the company making $2.71B in sales next year. Moreover, analysts are in estimates of $670.08M for current-quarter revenue.

Currently, AMN Healthcare Services Inc’s total number of outstanding shares is 38.08M with 0.92% of that held by the insiders while 105.75% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -8.17% and return on equity (ROE) at -19.11%. It has a 13.33 of forward P/E ratio. Stock’s beta reads 0.17. Stock has a price to book (P/B) ratio of 1.10 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is -5.30% on average.