The price-to-earnings ratio for AMN Healthcare Services Inc. (NYSE: AMN) is above average at 14.87x, Company’s 36-month beta value is 0.12.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AMN is 37.73M, and currently, short sellers hold a 14.89% ratio of that floaft. The average trading volume of AMN on October 11, 2024 was 812.55K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
AMN) stock’s latest price update
The stock of AMN Healthcare Services Inc. (NYSE: AMN) has decreased by -1.58 when compared to last closing price of 39.18. Despite this, the company has experienced a 0.42% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-08 that AMN Healthcare aims to enhance staffing efficiency and improve operational efficiency in healthcare systems via the latest launch.
AMN’s Market Performance
AMN Healthcare Services Inc. (AMN) has experienced a 0.42% rise in stock performance for the past week, with a -10.35% drop in the past month, and a -22.60% drop in the past quarter. The volatility ratio for the week is 4.07%, and the volatility levels for the past 30 days are at 4.88% for AMN. The simple moving average for the last 20 days is -8.81% for AMN stock, with a simple moving average of -34.03% for the last 200 days.
Analysts’ Opinion of AMN
Many brokerage firms have already submitted their reports for AMN stocks, with BofA Securities repeating the rating for AMN by listing it as a “Underperform.” The predicted price for AMN in the upcoming period, according to BofA Securities is $48 based on the research report published on October 07, 2024 of the current year 2024.
JMP Securities, on the other hand, stated in their research note that they expect to see AMN reach a price target of $85. The rating they have provided for AMN stocks is “Mkt Outperform” according to the report published on December 06th, 2023.
AMN Trading at -21.17% from the 50-Day Moving Average
After a stumble in the market that brought AMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.27% of loss for the given period.
Volatility was left at 4.88%, however, over the last 30 days, the volatility rate increased by 4.07%, as shares sank -11.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -42.98% lower at present.
During the last 5 trading sessions, AMN rose by +0.42%, which changed the moving average for the period of 200-days by -48.44% in comparison to the 20-day moving average, which settled at $42.29. In addition, AMN Healthcare Services Inc. saw -48.50% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMN starting from Caballero Jorge A., who purchase 2,000 shares at the price of $56.80 back on Mar 06 ’24. After this action, Caballero Jorge A. now owns 2,437 shares of AMN Healthcare Services Inc., valued at $113,600 using the latest closing price.
Fontenot Teri G., the Director of AMN Healthcare Services Inc., purchase 1,732 shares at $57.64 during a trade that took place back on Mar 04 ’24, which means that Fontenot Teri G. is holding 4,558 shares at $99,832 based on the most recent closing price.
Stock Fundamentals for AMN
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.28 for the gross margin
The net margin for AMN Healthcare Services Inc. stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 12.08, with 3.66 for asset returns.
Based on AMN Healthcare Services Inc. (AMN), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 1.36. The interest coverage ratio of the stock is 3.47.
Currently, EBITDA for the company is 499.36 million with net debt to EBITDA at 3.16. When we switch over and look at the enterprise to sales, we see a ratio of 0.82. The receivables turnover for the company is 5.4for trailing twelve months and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
In a nutshell, AMN Healthcare Services Inc. (AMN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
