AMN Healthcare Services Inc (NYSE:AMN) price on Friday, April 11, fall -0.68% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.11.
A look at the stock’s price movement, the close in the last trading session was $19.24, moving within a range at $18.15 and $19.275. The beta value (5-Year monthly) was -0.022. Turning to its 52-week performance, $70.07 and $18.63 were the 52-week high and 52-week low respectively. Overall, AMN moved -25.23% over the past month.
AMN Healthcare Services Inc’s market cap currently stands at around $730.01 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 670.08M for the company’s revenue for the quarter, with a low and high estimate of 663.5M and 675.66M respectively. The average forecast suggests down to a -18.37% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.64B, representing a -11.40% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AMN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 5 recommend AMN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AMN’s current price about -15.81% and -21.83% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 30.55, while 7-day volatility ratio is 8.31% and 5.76% in the 30-day chart. Further, AMN Healthcare Services Inc (AMN) has a beta value of 0.25, and an average true range (ATR) of 1.39. Analysts have given the company’s stock an average 52-week price target of $50, forecast between a low of $46 and high of $57. Looking at the price targets, the low is -140.71% off current price level while to achieve the yearly target high, price needs to move -198.27%. Nonetheless, investors will most likely welcome a -161.64% jump to $50 which is the analysts’ median price.
If we refocus on AMN Healthcare Services Inc (NYSE:AMN), historical trading data shows that trading volumes averaged 0.89 over the past 10 days and 972.15K over the past 3 months. The company’s latest data on shares outstanding shows there are 38.08 million shares.
The 0.80% of AMN Healthcare Services Inc’s shares are in the hands of company insiders while institutional holders own 105.11% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.16 million on 2025-03-14, giving us a short ratio of 3.03. The data shows that as of 2025-03-14 short interest in AMN Healthcare Services Inc (AMN) stood at 1527.0 of shares outstanding, with shares short rising to 3.38 million registered in 2025-02-14. Current price change has pushed the stock -20.11% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AMN stock continues to rise going into the next quarter.
