Can AMN Healthcare Services Inc.’s (AMN) drop of -7.88% in a week be considered a lucky break?

A new trading day began on January 24, 2023, with AMN Healthcare Services Inc. (NYSE: AMN) stock priced at $100.61, down -4.84% from the previous day of trading. During the day, the shares moved up to $102.50 and dropped to $94.95 before settling in for the closing price of $101.67. AMN’s price has ranged from $82.75 to $129.04 over the past 52 weeks.

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A company in the Healthcare sector has jumped its sales by 15.90% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 359.90%. With a float of $42.99 million, this company’s outstanding shares have now reached $43.78 million.

In an organization with 3800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +30.33, operating margin of +12.00, and the pretax margin is +11.14.

AMN Healthcare Services Inc. (AMN) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The most recent insider transaction that took place on Jan 09, was worth 443,151. In this transaction Chief Legal Officer of this company sold 4,001 shares at a rate of $110.76, taking the stock ownership to the 14,078 shares. Before that another transaction happened on Jan 06, when Company’s Chief Legal Officer sold 1,002 for $109.30, making the entire transaction worth $109,519. This insider now owns 18,079 shares in total.

AMN Healthcare Services Inc. (AMN) Latest Financial update

In its latest quarterly report, released on 6/29/2022, the company reported earnings of $3.31 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +8.22 while generating a return on equity of 33.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 359.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.35% during the next five years compared to 26.00% growth over the previous five years of trading.

AMN Healthcare Services Inc. (NYSE: AMN) Trading Performance Indicators

Here are AMN Healthcare Services Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74. Likewise, its price to free cash flow for the trailing twelve months is 7.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.38, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 8.47 in one year’s time.

Technical Analysis of AMN Healthcare Services Inc. (AMN)

Let’s dig in a bit further. During the last 5-days, its volume was 1.2 million. That was better than the volume of 0.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.13%. Additionally, its Average True Range was 4.52.

During the past 100 days, AMN Healthcare Services Inc.’s (AMN) raw stochastic average was set at 7.85%, which indicates a significant decrease from 13.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.24% in the past 14 days, which was higher than the 46.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $111.11, while its 200-day Moving Average is $107.79. However, in the short run, AMN Healthcare Services Inc.’s stock first resistance to watch stands at $101.18. Second resistance stands at $105.62. The third major resistance level sits at $108.73. If the price goes on to break the first support level at $93.63, it is likely to go to the next support level at $90.52. The third support level lies at $86.08 if the price breaches the second support level.

AMN Healthcare Services Inc. (NYSE: AMN) Key Stats

With a market capitalization of 4.07 billion, the company has a total of 43,336K Shares Outstanding. Currently, annual sales are 3,984 M while annual income is 327,390 K. The company’s previous quarter sales were 1,139 M while its latest quarter income was 92,450 K.


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