Alert: Major Price Decline (11/8/24)-AMN Healthcare Services Inc. (NYSE: AMN).

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AMN Healthcare Services Inc. (NYSE: AMN) stock closed at $29.05 on 11/8/24 after a major decline of -29.0%. Moreover, this decline was accompanied by exceptionally high trading volume at 580% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -23.4% during the last week.

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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 D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AMN Healthcare Services has a slightly positive Appreciation Score of 68 but a very low Power Rating of 13, leading to the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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