American Well (NYSE:AMWL – Get Free Report) is expected to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect American Well to post earnings of ($3.04) per share and revenue of $66.57 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
American Well Stock Performance
Shares of AMWL opened at $10.95 on Wednesday. The stock has a 50 day simple moving average of $8.91 and a 200 day simple moving average of $8.99. American Well has a 52-week low of $5.00 and a 52-week high of $29.00. The firm has a market capitalization of $167.80 million, a PE ratio of -0.75 and a beta of 1.18.
Analysts Set New Price Targets
Several equities research analysts have commented on AMWL shares. Wells Fargo & Company upgraded American Well from an “equal weight” rating to an “overweight” rating and set a $15.00 target price on the stock in a research note on Monday, January 13th. Needham & Company LLC restated a “hold” rating on shares of American Well in a research note on Thursday, October 31st. Finally, Morgan Stanley cut their target price on American Well from $20.00 to $10.50 and set an “equal weight” rating on the stock in a research note on Tuesday, December 17th.
American Well Company Profile
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.
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