American Well Corporation [AMWL] Revenue clocked in at $240.50 million, down -72.92% YTD: What’s Next?

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American Well Corporation [NYSE: AMWL] price surged by 1.33 percent to reach at $0.09. The company report on November 10, 2021 that Amwell® Announces Results for Third Quarter 2021.

Revenue of $62.2 million in the third quarter.


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Gross margins of 43% of revenue compared to 33% last year.

A sum of 2711575 shares traded at recent session while its average daily volume was at 2.28M shares. American Well Corporation shares reached a high of $6.97 and dropped to a low of $6.63 until finishing in the latest session at $6.86.

The one-year AMWL stock forecast points to a potential upside of 42.98. The average equity rating for AMWL stock is currently 2.70, trading closer to a bullish pattern in the stock market.

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 $12.03 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.

Wells Fargo have made an estimate for American Well Corporation shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on October 19, 2021. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on September 14, 2021, representing the official price target for American Well Corporation stock. Previously, the target price had yet another raise to $15, while Guggenheim analysts kept a Buy rating on AMWL stock.

The Average True Range (ATR) for American Well Corporation is set at 0.47, with the Price to Sales ratio for AMWL stock in the period of the last 12 months amounting to 7.63. The Price to Book ratio for the last quarter was 1.38, with the Price to Cash per share for the same quarter was set at 2.96.

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 -13.49. With this latest performance, AMWL shares dropped by -22.13% in over the last four-week period, additionally sinking by -45.12% over the last 6 months – not to mention a drop of -70.65% in the past year of trading.

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 27.96, with the RSI for the last a single of trading hit 22.62, and the three-weeks RSI is set at 31.63 for American Well Corporation [AMWL]. The present Moving Average for the last 50 days of trading for this stock 8.82, while it was recorded at 7.07 for the last single week of trading, and 13.67 for the last 200 days.

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 6.70 and a Current Ratio set at 6.70.

AMWL Stock EPS

With the latest financial reports released by the company, American Well Corporation posted -0.51/share EPS, while the average EPS was predicted by analysts to be reported at -0.26/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -96.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMWL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Well Corporation go to 37.90%.

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American Well Corporation [AMWL] Insider Position Details

There are presently around $702 million, or 48.30% of AMWL stock, in the hands of institutional investors. The top three institutional holders of AMWL stocks are: VANGUARD GROUP INC with ownership of 15,409,817, which is approximately 12.735% of the company’s market cap and around 5.60% of the total institutional ownership; BLACKROCK INC., holding 12,726,864 shares of the stock with an approximate value of $87.31 million in AMWL stocks shares; and CALEDONIA (PRIVATE) INVESTMENTS PTY LTD, currently with $86.77 million in AMWL stock with ownership of nearly -0.614% of the company’s market capitalization.

Positions in American Well Corporation stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 81 institutional holders increased their position in American Well Corporation [NYSE:AMWL] by around 11,069,016 shares. Additionally, 85 investors decreased positions by around 9,414,145 shares, while 36 investors held positions by with 81,851,421 shares. The mentioned changes placed institutional holdings at 102,334,582 shares, according to the latest SEC report filing. AMWL stock had 24 new institutional investments in for a total of 2,444,916 shares, while 25 institutional investors sold positions of 2,591,730 shares during the same period.