Alert: Negative Fundamental Signals (9/3/24)-AMN Healthcare Services Inc. (NYSE: AMN)

out_logo_500#34672.jpg

AMN Healthcare Services Inc. (NYSE: AMN). Extremely significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

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.

out_mm#34672.jpg

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 35 and a very low Power Rating of 6, producing the Lowest Value Trend Rating.

Recent Price Action

AMN Healthcare Services Inc. (NYSE: AMN) stock closed at $52.75 on 9/3/24 after a slight decline of -0.5%. However, below average trading volume at 80% of normal accompanied the decline. The stock has declined -1.2% during the last week and has been extremely weak relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*