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NYSE:AMWL

American Well (AMWL) Stock Price, News & Analysis

$8.30
+0.13 (+1.59%)
(As of 08/30/2024 07:00 PM ET)
Today's Range
$8.20
$8.38
50-Day Range
$5.34
$11.23
52-Week Range
$5.00
$33.40
Volume
22,800 shs
Average Volume
126,121 shs
Market Capitalization
$124.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.67

American Well MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
88.8% Upside
$15.67 Price Target
Short Interest
Bearish
5.61% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of American Well in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$39,096 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($13.91) to ($8.86) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.84 out of 5 stars

Medical Sector

666th out of 933 stocks

Business Services, Not Elsewhere Classified Industry

77th out of 92 stocks

AMWL stock logo

About American Well Stock (NYSE:AMWL)

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.

AMWL Stock Price History

AMWL Stock News Headlines

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What Wall Street expects from American Well's earnings
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/02/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

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
+88.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-675,160,000.00
Net Margins
-120.44%
Pretax Margin
-119.70%

Debt

Sales & Book Value

Annual Sales
$259.05 million
Cash Flow
$15.96 per share
Book Value
$25.21 per share

Miscellaneous

Free Float
12,926,000
Market Cap
$124.42 million
Optionable
Optionable
Beta
1.03
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Key Executives

  • Dr. Ido Schoenberg M.D. (Age 59)
    Chairman & CEO
    Comp: $797.8k
  • Dr. Roy Schoenberg M.D. (Age 55)
    M.P.H., Executive Vice Chairman
    Comp: $658.4k
  • Mr. Robert Shepardson (Age 59)
    Chief Financial Officer
    Comp: $495.8k
  • Ms. Phyllis I. Gotlib (Age 66)
    President of Amwell International
    Comp: $637.02k
  • Mr. Vukasin Paunovich (Age 52)
    Executive Vice President of Enterprise Platforms
    Comp: $543.25k
  • Ms. Kathy Weiler (Age 54)
    Executive VP and Chief Commercial & Growth Officer
    Comp: $495.55k
  • Mr. Kurt  KnightMr. Kurt Knight (Age 45)
    Chief Operating Officer
    Comp: $905.39k
  • Mr. Paul Francis McNeiceMr. Paul Francis McNeice (Age 47)
    Vice President of Accounting
  • Mr. Tim Conway
    Chief Information Officer
  • Ms. Sue Dooley
    Head of Investor Relations

AMWL Stock Analysis - Frequently Asked Questions

How have AMWL shares performed this year?

American Well's stock was trading at $29.80 on January 1st, 2024. Since then, AMWL shares have decreased by 72.1% and is now trading at $8.30.
View the best growth stocks for 2024 here
.

How were American Well's earnings last quarter?

American Well Co. (NYSE:AMWL) issued its quarterly earnings results on Wednesday, July, 31st. The company reported ($3.36) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.94) by $0.58. The business had revenue of $62.79 million for the quarter, compared to analyst estimates of $60.78 million. American Well had a negative net margin of 120.44% and a negative trailing twelve-month return on equity of 50.36%.

When did American Well's stock split?

Shares of American Well reverse split on 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.

When did American Well IPO?

American Well (AMWL) raised $525 million in an IPO 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 acted as the underwriters for the IPO.

Who are American Well's major shareholders?

Top institutional shareholders of American Well include Renaissance Technologies LLC (46.10%), Acadian Asset Management LLC (25.37%), Rock Point Advisors LLC (15.57%) and AQR Capital Management LLC (12.79%). Insiders that own company stock include Kathy Johnson Weiler, Kurt Knight, Vukasin Paunovich, Roy Schoenberg, Robert Shepardson, Phyllis Gotlib, Ido Schoenberg, Bradford Gay, Serkan Kutan, Deborah C Jackson, Paul Francis Mcneice, Stephen J Schlegel, Peter L Slavin, Brendan P Ogrady, Deval L Patrick, Jason Medeiros and Mary Modahl.
View institutional ownership trends
.

How do I buy shares of American Well?

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.

What other stocks do shareholders of American Well own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Well investors own include PayPal (PYPL), NVIDIA (NVDA), Shopify (SHOP), Tesla (TSLA), Twilio (TWLO), Salesforce (CRM) and Livongo Health (LVGO).

This page (NYSE:AMWL) was last updated on 9/3/2024 by MarketBeat.com Staff

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