What is American Well Corporation (AMWL) Stock Return on Shareholders’ Capital?

American Well Corporation (NYSE: AMWL) stock jumped 2.11% on Monday to $3.87 against a previous-day closing price of $3.79. With 1.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.5 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $3.8800 whereas the lowest price it dropped to was $3.6910. The 52-week range on AMWL shows that it touched its highest point at $5.43 and its lowest point at $2.52 during that stretch. It currently has a 1-year price target of $5.13.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMWL was down-trending over the past week, with a drop of -1.28%, but this was up by 23.25% over a month. Three-month performance surged to 6.91% while six-month performance fell -15.32%. The stock lost -9.58% in the past year, while it has gained 36.75% so far this year. A look at the trailing 12-month EPS for AMWL yields -0.95 with Next year EPS estimates of -0.71. For the next quarter, that number is -0.25. This implies an EPS growth rate of 27.10% for this year and 30.40% for next year.

Float and Shares Shorts:

At present, 277.39 million AMWL shares are outstanding with a float of 220.63 million shares on hand for trading. On Oct 13, 2022, short shares totaled 13.57 million, which was 4.96% higher than short shares on Sep 14, 2022. In addition to Dr. Ido Schoenberg M.D. as the firm’s Chairman & Co-CEO, Dr. Roy Schoenberg M.D., M.P.H., MPH serves as its Pres, Co-CEO & Director.


Institutional Ownership:

Through their ownership of 53.92% of AMWL’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 7.66% of AMWL, in contrast to 28.32% held by mutual funds. Shares owned by individuals account for 23.55%. As the largest shareholder in AMWL with 7.71% of the stake, The Vanguard Group, Inc. holds 18,685,229 shares worth 18,685,229. A second-largest stockholder of AMWL, Caledonia, holds 17,528,561 shares, controlling over 7.23% of the firm’s shares. BlackRock Fund Advisors is the third largest shareholder in AMWL, holding 15,542,496 shares or 6.41% stake. With a 2.85% stake in AMWL, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 6,917,282 shares are owned by the mutual fund manager. The Vanguard Small Cap Index Fund, which owns about 2.32% of AMWL stock, is the second-largest Mutual Fund holder. It holds 5,623,422 shares valued at 15.91 million. iShares Russell 2000 ETF holds 2.12% of the stake in AMWL, owning 5,150,256 shares worth 14.58 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMWL since 15 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMWL analysts setting a high price target of $9.00 and a low target of $4.00, the average target price over the next 12 months is $5.08. Based on these targets, AMWL could surge 132.56% to reach the target high and rise by 3.36% to reach the target low. Reaching the average price target will result in a growth of 31.27% from current levels.


EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. AMWL will report FY 2022 earnings on 02/23/2024. Analysts have provided yearly estimates in a range of -$0.98 being high and -$1.05 being low. For AMWL, this leads to a yearly average estimate of -$1.02. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. American Well Corporation surprised analysts by $0.01 when it reported -$0.25 EPS against a consensus estimate of -$0.26. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is -$0.21 and the low estimate is -$0.29. The average estimate for the next quarter is thus -$0.26.

Summary of Insider Activity:

Insiders traded AMWL stock several times over the past three months with 1 Buys and 28 Sells. In these transactions, 107,825 shares were bought while 471,698 shares were sold. The number of buy transactions has increased to 20 while that of sell transactions has risen to 100 over the past year. The total number of shares bought during that period was 4,209,339 while 2,644,521 shares were sold.

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