Alert: Negative Investment/Fundamental Signals (8/9/24)-AMN Healthcare Services Inc. (NYSE: AMN)

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AMN Healthcare Services Inc. (NYSE: AMN) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.

Notable negative changes in fundamentals have recently occurred for AMN Healthcare Services Inc. (NYSE: AMN): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AMN Healthcare Services has a poor Appreciation Score of 30 and a very low Power Rating of 6, resulting in the Lowest Value Trend Rating.

Recent Price Action

AMN Healthcare Services Inc. (NYSE: AMN) stock closed at $58.14 on 8/9/24 after a large decline of -6.5%. Moreover, trading volume in this decline was exceptionally high at 287% of normal. The stock has declined -13.1% during the last week and has been extremely weak relative to the market over the last nine months.

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