On Friday, AMN Healthcare Services Inc. (NYSE: AMN) opened lower -3.32% from the last session, before settling in for the closing price of $42.42. Price fluctuations for AMN have ranged from $36.50 to $80.22 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 16.41% annually for the last half of the decade. Company’s average yearly earnings per share was noted -62.02% at the time writing. With a float of $37.73 million, this company’s outstanding shares have now reached $37.81 million.
In an organization with 3585 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 28.16%, operating margin of 6.15%, and the pretax margin is 4.17%.
AMN Healthcare Services Inc. (AMN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Medical Care Facilities industry is another important factor to consider. The insider ownership of AMN Healthcare Services Inc. is 0.72%, while institutional ownership is 115.20%. The most recent insider transaction that took place on Mar 06 ’24, was worth 113,600. In this transaction Director of this company bought 2,000 shares at a rate of $56.80, taking the stock ownership to the 2,437 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Director bought 1,732 for $57.64, making the entire transaction worth $99,832. This insider now owns 4,558 shares in total.
AMN Healthcare Services Inc. (AMN) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.97 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.64) by 0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -62.02% per share during the next fiscal year.
AMN Healthcare Services Inc. (NYSE: AMN) Trading Performance Indicators
Check out the current performance indicators for AMN Healthcare Services Inc. (AMN). In the past quarter, the stock posted a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 7.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.59, a number that is poised to hit 0.57 in the next quarter and is forecasted to reach 3.08 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 1.12 million. That was better than the volume of 0.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.00%. Additionally, its Average True Range was 1.89.
During the past 100 days, AMN Healthcare Services Inc.’s (AMN) raw stochastic average was set at 13.43%, which indicates a significant decrease from 68.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.17% in the past 14 days, which was lower than the 47.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.28, while its 200-day Moving Average is $57.40. However, in the short run, AMN Healthcare Services Inc.’s stock first resistance to watch stands at $42.06. Second resistance stands at $43.12. The third major resistance level sits at $43.80. If the price goes on to break the first support level at $40.32, it is likely to go to the next support level at $39.64. The third support level lies at $38.58 if the price breaches the second support level.
AMN Healthcare Services Inc. (NYSE: AMN) Key Stats
There are currently 37,997K shares outstanding in the company with a market cap of 1.56 billion. Presently, the company’s annual sales total 3,789 M according to its annual income of 210,680 K. Last quarter, the company’s sales amounted to 740,690 K and its income totaled 16,240 K.
