With 2.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.09 million shares. The 52-week range on AMN shows that it touched its highest point at $70.07 and its lowest point at $17.45 during that stretch. It currently has a 1-year price target of $27.29. Beta for the stock currently stands at 0.18.
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 AMN was up-trending over the past week, with a rise of 3.58%, but this was up by 6.23% over a month. Three-month performance dropped to -12.73% while six-month performance fell -44.51%. The stock lost -63.46% in the past year, while it has lost -8.03% so far this year. A look at the trailing 12-month EPS for AMN yields -4.32 with Next year EPS estimates of 1.47. For the next quarter, that number is 0.19. This implies an EPS growth rate of -67.62% for this year and 37.55% for next year.
Float and Shares Shorts:
At present, 38.21 million AMN shares are outstanding with a float of 37.88 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMN since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.13231 being high and $3.01336 being low. For AMN, this leads to a yearly average estimate of $3.0431. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.25.
