AMN Healthcare Services Inc. (NYSE: AMN) is -41.67% lower on its value in year-to-date trading and has touched a low of $42.23 and a high of $89.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMN stock was last observed hovering at around $43.01 in the last trading session, with the day’s gains setting it 0.67%.
Currently trading at $43.68, the stock is -13.96% and -20.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing 1.56% at the moment leaves the stock -28.79% off its SMA200. AMN registered -48.60% loss for a year compared to 6-month loss of -26.49%.
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The stock witnessed a -17.44% gain in the last 1 month and extending the period to 3 months gives it a -18.43%, and is -16.34% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.08% over the week and 4.09% over the month.
AMN Healthcare Services Inc. (AMN) has around 3585 employees, a market worth around $1.66B and $3.23B in sales. Current P/E ratio is 16.85 and Fwd P/E is 13.59. Profit margin for the company is 3.07%. Distance from 52-week low is 3.43% and -51.04% from its 52-week high. The company has generated returns on investments over the last 12 months (4.71%).
The EPS is expected to shrink by -61.32% this year
457.0 institutions hold shares in AMN Healthcare Services Inc. (AMN), with institutional investors hold 118.16% of the company’s shares. The shares outstanding are 37.81M, and float is at 37.73M with Short Float at 13.44%. Institutions hold 117.29% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.21 million shares valued at $318.37 million. The investor’s holdings represent 16.3053 of the AMN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.34 million shares valued at $222.3 million to account for 11.3847 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 1.94 million shares representing 5.0881 and valued at over $99.35 million, while FMR LLC holds 4.8248 of the shares totaling 1.84 million with a market value of $94.21 million.
AMN Healthcare Services Inc. (AMN) Insider Activity
The most recent transaction is an insider purchase by Caballero Jorge A., the company’s Director. SEC filings show that Caballero Jorge A. bought 2,000 shares of the company’s common stock on Mar 06 ’24 at a price of $56.80 per share for a total of $0.11 million. Following the purchase, the insider now owns 2437.0 shares.
AMN Healthcare Services Inc. disclosed in a document filed with the SEC on Mar 04 ’24 that Fontenot Teri G. (Director) bought a total of 1,732 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $57.64 per share for $99832.0. Following the transaction, the insider now directly holds 4558.0 shares of the AMN stock.
Still, SEC filings show that on Feb 29 ’24, HARRIS R JEFFREY (Director) acquired 2,640 shares at an average price of $56.97 for $0.15 million. The insider now directly holds 54,237 shares of AMN Healthcare Services Inc. (AMN).