That’s why I Feel Comfortable With AMN Healthcare Services Inc.’s (AMN) Future

A share price of AMN Healthcare Services Inc. [AMN] is currently trading at $63.26, down -0.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMN shares have gain 10.92% over the last week, with a monthly amount glided 18.15%, and seem to be holding up well over a long-time horizon.

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

From an analyst’s perspective:

AMN Healthcare Services Inc. [NYSE: AMN] stock has seen the most recent analyst activity on December 06, 2023, when JMP Securities initiated its Mkt Outperform rating and assigned the stock a price target of $85. Previously, The Benchmark Company downgraded its rating to Hold on November 03, 2023. On November 03, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $70 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $104 on August 04, 2023. BofA Securities initiated its recommendation with a Buy and recommended $70 as its price target on October 08, 2020. SunTrust upgraded its rating to Buy for this stock on July 21, 2020. In a note dated March 31, 2020, Sidoti upgraded an Buy rating on this stock.

AMN Healthcare Services Inc. experienced fluctuations in its stock price throughout the past year between $46.74 and $108.62. Currently, Wall Street analysts expect the stock to reach $122.33 within the next 12 months. AMN Healthcare Services Inc. [NYSE: AMN] shares were valued at $63.26 at the most recent close of the market. An investor can expect a potential return of 93.38% based on the average AMN price forecast.

Analyzing the AMN fundamentals

Trailing Twelve Months sales for AMN Healthcare Services Inc. [NYSE:AMN] were 3.48B which represents -27.11% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.18 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.49.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 62.36 points at the first support level, and at 61.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.88, and for the 2nd resistance point, it is at 66.50.

Ratios To Look Out For

To put it in perspective, the Current Ratio for AMN Healthcare Services Inc. [NYSE:AMN] is 1.27. On the other hand, the Quick Ratio is 1.27, and the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.69, the price to book ratio is 2.81 and price to earnings (TTM) ratio is 17.02.

Transactions by insiders

Recent insider trading involved Caballero Jorge A., Director, that happened on Mar 06 ’24 when 2000.0 shares were purchased. Director, Fontenot Teri G. completed a deal on Mar 04 ’24 to buy 1732.0 shares. Meanwhile, Director HARRIS R JEFFREY bought 2640.0 shares on Feb 29 ’24.

Related Posts