We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
AMN Healthcare Services (AMN) Stock Moves -1.68%: What You Should Know
Read MoreHide Full Article
AMN Healthcare Services (AMN - Free Report) closed at $118.61 in the latest trading session, marking a -1.68% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.94%. At the same time, the Dow lost 1.07%, and the tech-heavy Nasdaq lost 0.39%.
Coming into today, shares of the health care staffing company had gained 7.43% in the past month. In that same time, the Medical sector gained 2.88%, while the S&P 500 gained 5.72%.
Wall Street will be looking for positivity from AMN Healthcare Services as it approaches its next earnings report date. In that report, analysts expect AMN Healthcare Services to post earnings of $2.25 per share. This would mark year-over-year growth of 125%. Our most recent consensus estimate is calling for quarterly revenue of $1.14 billion, up 80.8% from the year-ago period.
It is also important to note the recent changes to analyst estimates for AMN Healthcare Services. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. AMN Healthcare Services currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, AMN Healthcare Services is holding a Forward P/E ratio of 18.83. Its industry sports an average Forward P/E of 25.38, so we one might conclude that AMN Healthcare Services is trading at a discount comparatively.
Also, we should mention that AMN has a PEG ratio of 1.16. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. AMN's industry had an average PEG ratio of 1.63 as of yesterday's close.
The Medical Services industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 186, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
AMN Healthcare Services (AMN) Stock Moves -1.68%: What You Should Know
AMN Healthcare Services (AMN - Free Report) closed at $118.61 in the latest trading session, marking a -1.68% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.94%. At the same time, the Dow lost 1.07%, and the tech-heavy Nasdaq lost 0.39%.
Coming into today, shares of the health care staffing company had gained 7.43% in the past month. In that same time, the Medical sector gained 2.88%, while the S&P 500 gained 5.72%.
Wall Street will be looking for positivity from AMN Healthcare Services as it approaches its next earnings report date. In that report, analysts expect AMN Healthcare Services to post earnings of $2.25 per share. This would mark year-over-year growth of 125%. Our most recent consensus estimate is calling for quarterly revenue of $1.14 billion, up 80.8% from the year-ago period.
It is also important to note the recent changes to analyst estimates for AMN Healthcare Services. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. AMN Healthcare Services currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, AMN Healthcare Services is holding a Forward P/E ratio of 18.83. Its industry sports an average Forward P/E of 25.38, so we one might conclude that AMN Healthcare Services is trading at a discount comparatively.
Also, we should mention that AMN has a PEG ratio of 1.16. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. AMN's industry had an average PEG ratio of 1.63 as of yesterday's close.
The Medical Services industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 186, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.