Alert: New Earnings Report (5/9/24)-AMN Healthcare Services Inc. (NYSE: AMN).

out_logo_500#34672.jpg

AMN Healthcare Services Inc. (NYSE: AMN) has reported earnings for its first fiscal quarter (ending March 31) of $0.45 versus $2.03 for the same period a year ago — a decline of -78%. This performance was $-0.63 short of the consensus estimate of $1.08. For the latest four quarters through March 31, E.P.S. were $3.73 compared to $8.81 a year ago — a decline of -58%.

Recent Price Action

out_mm#34672.jpg
AMN Healthcare Services Inc. (NYSE: AMN) stock rose modestly by 0.9% on 5/9/24. The stock closed at $60.85. Trading volume in this advance was normal. The stock has been extremely weak relative to the market over the last nine months but has risen 1.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, AMN is expected to continue to be a major Value Builder.

AMN Healthcare Services has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. AMN Healthcare Services has a slightly negative Appreciation Score of 30 and a very low Power Rating of 1, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*