AMN Stock Summary and Trading Ideas (Amn Healthcare Services | NYSE:AMN)

AMN Healthcare Services is one of the largest healthcare staffing company in the United States. In 2023, it offered more than 13,000 nurses and allied healthcare full-time workers with provider clients nationwide. About two thirds of its business is generated from its temporary nursing division; the other third is generated from its physician placement and technology-backed workplace solutions divisions.

Amn Healthcare Services trades on the NYSE stock market under the symbol AMN.

As of December 31, 2024, AMN stock price climbed to $23.92 with 643,645 million shares trading.

AMN has a beta of 0.39, meaning it tends to be less sensitive to market movements. AMN has a correlation of 0.01 to the broad based SPY ETF.

AMN has a market cap of $910.72 million. This is considered a Small Cap stock.

Last quarter Amn Healthcare Services reported $688 million in Revenue and $.61 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.04.

In the last 3 years, AMN traded as high as $129.04 and as low as $22.47.

The top ETF exchange traded funds that AMN belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

AMN has underperformed the market in the last year with a return of -68.1%, while the SPY ETF gained +24.8%. In the last 3 month period, AMN fell short of the market, returning -43.6%, while SPY returned +2.5%. However, in the most recent 2 weeks AMN has outperformed the stock market by returning -2.2%, while SPY returned -2.7%.

AMN support price is $23.00 and resistance is $24.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMN shares will trade within this expected range on the day.