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NYSE:AMWL

American Well (AMWL) Stock Price, News & Analysis

American Well logo
$8.55 -0.18 (-2.06%)
(As of 11/14/2024 ET)

About American Well Stock (NYSE:AMWL)

Key Stats

Today's Range
$8.52
$8.81
50-Day Range
$7.93
$10.71
52-Week Range
$5.00
$31.60
Volume
59,517 shs
Average Volume
48,454 shs
Market Capitalization
$130.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.67
Consensus Rating
Hold

Company Overview

American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Converge, a cloud-based platform that enables health providers, payers, and innovators to provide in-person, virtual and automated care; and delivers virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health, as well as specialty care programs, including dermatology, musculoskeletal care, second opinion, and cardiometabolic care to patients and members. It provides Carepoint devices comprising carts, peripherals, tablets, and TVs, which serve as digital access points in clinical settings. In addition, the company offers Amwell Medical Group network services consisting of primary and urgent care, behavioral health therapy, acute psychiatry, lactation counseling, and nutrition services. Further, it provides professional services to facilitate implementation, workflow design, systems integration, and service expansion for its products, as well as patient and provider engagement services. The company sells its products through field sales professionals, channel partners, and value-added resellers. American Well Corporation was incorporated in 2006 and is headquartered in Boston, Massachusetts.

American Well Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

AMWL MarketRank™: 

American Well scored higher than 65% of companies evaluated by MarketBeat, and ranked 411th out of 973 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    American Well has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    American Well has only been the subject of 1 research reports in the past 90 days.

  • Read more about American Well's stock forecast and price target.
  • Earnings Growth

    Earnings for American Well are expected to grow in the coming year, from ($12.79) to ($8.26) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of American Well is -0.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of American Well is -0.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    American Well has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about American Well's valuation and earnings.
  • Percentage of Shares Shorted

    3.27% of the float of American Well has been sold short.
  • Short Interest Ratio / Days to Cover

    American Well has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in American Well has recently decreased by 14.23%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    American Well does not currently pay a dividend.

  • Dividend Growth

    American Well does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.27% of the float of American Well has been sold short.
  • Short Interest Ratio / Days to Cover

    American Well has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in American Well has recently decreased by 14.23%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    American Well has a news sentiment score of 1.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for American Well this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, American Well insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $173,939.00 in company stock.

  • Percentage Held by Insiders

    12.80% of the stock of American Well is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    56.05% of the stock of American Well is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about American Well's insider trading history.
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AMWL Stock News Headlines

Amwell Makes Grants to New Employees Under Inducement Plan
625,000% Gain
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Stifel Nicolaus Keeps Their Hold Rating on American Well (AMWL)
American Well Unveils 2024 Inducement Plan for Growth
Truist Financial Sticks to Its Hold Rating for American Well (AMWL)
See More Headlines

AMWL Stock Analysis - Frequently Asked Questions

American Well's stock was trading at $29.80 at the start of the year. Since then, AMWL shares have decreased by 71.3% and is now trading at $8.55.
View the best growth stocks for 2024 here
.

American Well Co. (NYSE:AMWL) issued its quarterly earnings data on Wednesday, July, 31st. The company reported ($3.36) earnings per share for the quarter, beating the consensus estimate of ($3.94) by $0.58. The company earned $62.79 million during the quarter, compared to the consensus estimate of $60.78 million. American Well had a negative trailing twelve-month return on equity of 52.49% and a negative net margin of 84.27%.

American Well's stock reverse split on the morning of Thursday, July 11th 2024. The 1-20 reverse split was announced on Thursday, July 11th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 11th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

American Well (AMWL) raised $525 million in an initial public offering on Thursday, September 17th 2020. The company issued 35,000,000 shares at $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, PIper Sandler, UBS Investment Bank, Credit Suisse, Cowen and Berenberg served as the underwriters for the IPO.

Top institutional investors of American Well include Senvest Management LLC (8.17%), Rock Point Advisors LLC (1.23%), Walleye Capital LLC (0.11%) and PDT Partners LLC (0.07%). Insiders that own company stock include Kathy Johnson Weiler, Kurt Knight, Roy Schoenberg, Vukasin Paunovich, Phyllis Gotlib, Robert Shepardson, Ido Schoenberg, Bradford Gay, Serkan Kutan, Deborah C Jackson, Paul Francis Mcneice, Stephen J Schlegel, Peter L Slavin, Brendan P Ogrady, Jason Medeiros and Mary Modahl.
View institutional ownership trends
.

Shares of AMWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that American Well investors own include Meta Platforms (META), NVIDIA (NVDA), Palantir Technologies (PLTR), Teladoc Health (TDOC), Tesla (TSLA), PayPal (PYPL) and Zoom Video Communications (ZM).

Company Calendar

Last Earnings
7/31/2024
Today
11/15/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/12/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
1,104
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.67
High Stock Price Target
$20.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+83.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-675,160,000.00
Pretax Margin
-83.94%

Debt

Sales & Book Value

Annual Sales
$254.04 million
Cash Flow
$15.55 per share
Book Value
$22.85 per share

Miscellaneous

Free Float
13,359,000
Market Cap
$130.99 million
Optionable
Optionable
Beta
1.04
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This page (NYSE:AMWL) was last updated on 11/15/2024 by MarketBeat.com Staff
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