American Well Corporation [NYSE: AMWL] stock went on a downward path that fall over -2.07% on Friday, amounting to a one-week price decrease of less than -0.82%. The company report on March 25, 2021 that Amwell® Announces Results for Fourth Quarter and Full Year 2020.
Total year-end active providers increased ~950%, or 65,000 over the prior year, to ~72,000.
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Q4 total visits increased 300% to 1.6 million compared to the prior year.
The one-year American Well Corporation stock forecast points to a potential upside of 36.26. The average equity rating for AMWL stock is currently 2.70, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.13 billion, with 235.60 million shares outstanding and 133.94 million shares in the current float. Compared to the average trading volume of 3.46M shares, AMWL stock reached a trading volume of 4109856 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on American Well Corporation [AMWL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMWL shares is $26.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMWL stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for American Well Corporation shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on April 16, 2021. The new note on the price target was released on April 15, 2021, representing the official price target for American Well Corporation stock. Previously, the target price had yet another raise to $41, while Credit Suisse analysts kept a Neutral rating on AMWL stock.
The Average True Range (ATR) for American Well Corporation is set at 1.14, with the Price to Sales ratio for AMWL stock in the period of the last 12 months amounting to 16.85. The Price to Book ratio for the last quarter was 3.27, with the Price to Cash per share for the same quarter was set at 4.28.
AMWL Stock Performance Analysis:
American Well Corporation [AMWL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.82. With this latest performance, AMWL shares dropped by -19.20% in over the last four-week period, additionally sinking by -49.72% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMWL stock in for the last two-week period is set at 33.51, with the RSI for the last a single of trading hit 35.27, and the three-weeks RSI is set at 34.68 for American Well Corporation [AMWL]. The present Moving Average for the last 50 days of trading for this stock 23.32, while it was recorded at 17.18 for the last single week of trading.
Insight into American Well Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and American Well Corporation [AMWL] shares currently have an operating margin of -90.09 and a Gross Margin at +31.93. American Well Corporation’s Net Margin is presently recorded at -91.51.
Return on Total Capital for AMWL is now -26.91, given the latest momentum, and Return on Invested Capital for the company is -28.39. Return on Equity for this stock declined to -28.54, with Return on Assets sitting at -23.92. When it comes to the capital structure of this company, American Well Corporation [AMWL] has a Total Debt to Total Equity ratio set at 0.63. Additionally, AMWL Total Debt to Total Capital is recorded at 0.62, with Total Debt to Total Assets ending up at 0.56. Long-Term Debt to Equity for the company is recorded at 0.11, with the Long-Term Debt to Total Capital now at 0.11.
Reflecting on the efficiency of the workforce at the company, American Well Corporation [AMWL] managed to generate an average of -$276,394 per employee. Receivables Turnover for the company is 6.29 with a Total Asset Turnover recorded at a value of 0.26.American Well Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 9.10 and a Current Ratio set at 9.20.
American Well Corporation [AMWL] Insider Position Details
There are presently around $1,060 million, or 33.00% of AMWL stock, in the hands of institutional investors. The top three institutional holders of AMWL stocks are: SATTER MANAGEMENT CO., L.P. with ownership of 6,300,773, which is approximately New of the company’s market cap and around 3.40% of the total institutional ownership; CALEDONIA (PRIVATE) INVESTMENTS PTY LTD, holding 5,483,941 shares of the stock with an approximate value of $93.23 million in AMWL stocks shares; and VANGUARD GROUP INC, currently with $83.78 million in AMWL stock with ownership of nearly 92.785% of the company’s market capitalization.
Positions in American Well Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 105 institutional holders increased their position in American Well Corporation [NYSE:AMWL] by around 27,636,163 shares. Additionally, 59 investors decreased positions by around 9,886,368 shares, while 24 investors held positions by with 24,811,363 shares. The mentioned changes placed institutional holdings at 62,333,894 shares, according to the latest SEC report filing. AMWL stock had 55 new institutional investments in for a total of 14,344,944 shares, while 42 institutional investors sold positions of 5,508,516 shares during the same period.