One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like AMN Healthcare Services, Inc. before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell AMN Healthcare Services, Inc.’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding AMN Healthcare Services, Inc.’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About AMN Healthcare Services, Inc. (AMN)

Before we jump into AMN Healthcare Services, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. The Company operates through three segments: nurse and allied solutions, physician and leadership solutions, and technology and workforce solutions. The nurse and allied solutions segment include the Company?s travel nurse staffing, including international nurse staffing and rapid response nurse staffing; labor disruption staffing; local staffing; international nurse and allied permanent placement; allied staffing and revenue cycle solutions businesses. The physician and leadership solutions segment includes the Company?s locum tenens staffing, healthcare interim leadership staffing, executive search, and physician permanent placement businesses. The technology and workforce solutions segment includes its language services, vendor management systems, workforce optimization, virtual care, credentialing solutions and outsourced solutions businesses.

Want to learn more about AMN Healthcare Services, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about AMN Healthcare Services, Inc.. The AAII Stock Evaluator puts a company’s grades, charts, news, financials, valuation, ratios, filings and more at your fingertips.

AMN Healthcare Services, Inc.’s Stock Price as of Market Close

As of May 05, 2023, 4:00 PM CST, AMN Healthcare Services, Inc.’s stock price was $90.89.

AMN Healthcare Services, Inc. is up 6.8% from its previous closing price of $85.10.

During the last market session, AMN Healthcare Services, Inc.’s stock traded between $84.41 and $89.21. Currently, there are 43.20 million shares of AMN Healthcare Services, Inc. stock available for purchase.

AMN Healthcare Services, Inc.’s price-earnings (P/E) ratio is currently at 8.6, which is low compared to the Healthcare Facilities & Services industry median of 22.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

AMN Healthcare Services, Inc. Stock Price History

AMN Healthcare Services, Inc.’s (AMN) price is currently up 5.26% so far this month.

During the month of May, AMN Healthcare Services, Inc.’s stock price has reached a high of $95.35 and a low of $82.64.

Over the last year, AMN Healthcare Services, Inc. has hit prices as high as $129.04 and as low as $81.15. Year to date, AMN Healthcare Services, Inc.’s stock is down 25.7%.

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What Caused AMN Healthcare Services, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 04, 2023, there were 2 analysts who downgraded AMN Healthcare Services, Inc.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate AMN Healthcare Services, Inc.’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

AMN Healthcare Services, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about AMN Healthcare Services, Inc. (AMN) by visiting AAII Stock Evaluator.

Relative Price Strength of AMN Healthcare Services, Inc.

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of May 04, 2023, AMN Healthcare Services, Inc. has a weighted four-quarter relative price strength of -4.62%, which translates to a Momentum Score of 52 and is considered to be Average.

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AMN Healthcare Services, Inc. Stock Price: Bottom Line

As of May 5, 2023, AMN Healthcare Services, Inc.’s stock price is $90.89, which is up 6.8% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell AMN Healthcare Services, Inc.’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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