While AMN Healthcare Services Inc has underperformed by -5.95%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMN fell by -18.10%, with highs and lows ranging from $48.49 to $14.86, whereas the simple moving average fell by -13.60% in the last 200 days.
On November 08, 2024, William Blair Downgraded AMN Healthcare Services Inc (NYSE: AMN) to Mkt Perform. A report published by BofA Securities on October 07, 2024, Downgraded its rating to ‘Underperform’ for AMN. JMP Securities also rated AMN shares as ‘Mkt Outperform’, setting a target price of $85 on the company’s shares in an initiating report dated December 06, 2023. Jefferies November 03, 2023d its ‘Buy’ rating to ‘Hold’ for AMN, as published in its report on November 03, 2023. BofA Securities’s report from August 04, 2023 suggests a price prediction of $104 for AMN shares, giving the stock a ‘Neutral’ rating. BofA Securities also rated the stock as ‘Buy’.
Analysis of AMN Healthcare Services Inc (AMN)
Further, the quarter-over-quarter decrease in sales is -11.14%, showing a negative trend in the upcoming months.
In order to gain a clear picture of AMN Healthcare Services Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -40.13% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.00, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 833.02K can be a very valuable indicator of volatility for AMN stock. On a monthly basis, the volatility of the stock is set at 4.97%, whereas on a weekly basis, it is put at 4.26%, with a loss of -1.26% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.00, showing growth from the present price of $19.59, which can serve as yet another indication of whether AMN is worth investing in or should be passed over.
How Do You Analyze AMN Healthcare Services Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.78%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 103.36% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
