The main reason why the healthcare stock plunged, however, was that Amwell's sales growth is slowing significantly. The telehealth company is preparing to introduce a new platform that it says will have a significant impact on its financial performance. American Well (AMWL) reported a smaller-than-expected loss in the first quarter.
Full Answer
Why is amwl stock plunging?
Mar 25, 2021 · By Swapna Meka March 25, 2021, 1:35 pm • Posted in Business, Companies, Stocks. American Well Corp (NYSE: AMWL) stock fell over 15.4% on 25 th March, 2021 (as of 09:32:26 UTC-4 · USD; Source ...
Is American well Corporation (amwl) a good stock to buy?
Apr 10, 2022 · finance.yahoo.com - February 17 at 8:32 AM. American Well (NYSE:AMWL shareholders incur further losses as stock declines 4.5% this week, taking one-year losses to 87%. nasdaq.com - February 12 at 4:11 PM. Teladoc and Amwell rebound as lawmakers mull expansion of telehealth. seekingalpha.com - February 9 at 5:41 PM.
What will American well's stock price reach in the next year?
Nov 13, 2020 · American Well ( AMWL -0.76%), aka Amwell, didn't do well at the end of the week. The bitter pill is its fiscal third-quarter 2020 results, released after market hours on Thursday, which drove the ...
What is the upside for American well's stock?
Dec 16, 2020 · AMWL Stock: Why Amwell Shares Are Down 8% Today. AMWL stock is continuing its plunge on Wednesday thanks to big telehealth news from Amazon. Another day, another downward move in Amwell (NASDAQ ...
Why is AMWL stock going down?
Should I sell AMWL stock?
What is going on with Amwell?
Is Amwell stock a good buy?
Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of AMWL, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
Will AMWL go up?
The 12 analysts offering 12-month price forecasts for American Well Corp have a median target of 4.50, with a high estimate of 9.00 and a low estimate of 3.00. The median estimate represents a +40.41% increase from the last price of 3.21.
Is hims and hers a good investment?
Is Amwell a good company?
Who is the CEO of Amwell?
Ido Schoenberg serves as the Chairman and CEO of Amwell and oversees the company's corporate strategy. Since co-founding the company in 2006, with Roy Schoenberg, Ido has led its strategic direction, growing Amwell to become one of the largest telehealth companies in the world.
Is teladoc a buy?
What is the target price for teladoc?
Investors can get squeamish at the sight of red ink
Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.
What happened
American Well ( NYSE:AMWL), aka Amwell, didn't do well at the end of the week. The bitter pill is its fiscal third-quarter 2020 results, released after market hours on Thursday, which drove the stock down by 18% the following day.
So what
Amwell reaped almost $62.55 million in revenue for the quarter, nearly double the Q3 2019 figure. This handily beat the average analyst estimate of $55.77 million.
Now what
Amwell is a young, tech-focused company concentrated on market expansion and product innovation. Losses -- even estimates-busting ones -- are normal, even expected for such businesses.
American Well (AMWL-N)
A telehealth that IPOd earlier this year. That had a recent bad quarter with disappointing earnings. They're in the penalty box and he doesn't want to be there.
American Well (AMWL-N)
What he calls one of 15 Red Hot stocks: unstoppable growth stocks with a sky-high valuation (30-100x sales, not earnings) A telemedicine play. He made a mistake being too cautious to wait for a pullback to the $20s, because it kept rising.
American Well (AMWL-N) Rating
Stockchase rating for American Well is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
American Well (AMWL-N) Frequently Asked Questions
American Well is a American stock, trading under the symbol AMWL-N on the New York Stock Exchange (AMWL). It is usually referred to as NYSE:AMWL or AMWL-N
What is the ticker symbol for American Well?
American Well trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMWL."
How much is American Well's 2021 earnings?
American Well issued an update on its FY 2021 earnings guidance on Tuesday, June, 8th. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $260 million-270 million, compared to the consensus revenue estimate of $266.21 million.
How much does American Well make?
American Well has a market capitalization of $2.72 billion and generates $245.26 million in revenue each year. The company earns $-224,430,000.00 in net income (profit) each year or ($2.27) on an earnings per share basis.
What is the rating of American Well?
American Well has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.
What is American Well Corporation?
American Well Corporation operates as a telehealth company that enables digital delivery of care for healthcare. Its application offers urgent care; pediatrics; therapy; menopause nutrition; menopause counseling; telestroke; population health management; telepsychiatry; pregnancy and postpartum care; pregnancy and postpartum therapy; breastfeed support; and menopause care. The company also provides telemedicine equipment, including telemedicine carts, peripherals, TV kits, tablets, and kiosks. American Well Corporation was incorporated in 2006 and is headquartered in Boston, Massachusetts.
Where is American Well located?
American Well's mailing address is 75 STATE STREET 26TH FLOOR, Boston MA, 02109. The company can be reached via phone at 617-205-3500 or via email at [email protected].
Does American Well pay dividends?
American Well does not currently pay a dividend.
When did Amwell start trading?
Shares of telehealth company American Well (also known as Amwell) began trading on the public market on Oct. 5, 2020, at $28.86.
Who is the chairman of Amwell?
Leading today's call are Dr. Ido Schoenberg, chairman and chief executive officer, and Keith Anderson, chief financial officer. Ido and Keith will offer their prepared remarks, and then they will take your questions. The Amwell press release and webcast link are available on the investor relations section of Amwell's website.
Who is the CEO of American Well?
Roy Schoenberg, President And Co-CEO at American Well (NYSE:AMWL), made a large buy and sell of company shares on October 1, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission states that Roy Schoenberg exercised options to purchase 107,000 American Well shares for $0 on October 1. They then sold their shares on the same day in the open market. They sold at a price of $8.95 to raise a total of $957,350 from the stock sale. Following the
When did Amwell start trading?
Shares of telehealth company American Well (also known as Amwell) began trading on the public market on Oct. 5, 2020, at $28.86.
What are the stocks that could post underwhelming results in the months ahead?
Three stocks that could post underwhelming results in the months ahead include American Well (NYSE: AMWL), Amazon (NASDAQ: AMZN), and Target (NYSE: TGT).
Who is the chairman of Amwell?
Leading today's call are Dr. Ido Schoenberg, chairman and chief executive officer, and Keith Anderson, chief financial officer. Ido and Keith will offer their prepared remarks, and then they will take your questions. The Amwell press release and webcast link are available on the investor relations section of Amwell's website.
When will Amwell report results for 2021?
BOSTON, October 25, 2021--Amwell®, (NYSE: AMWL) (the "Company") a national telehealth leader, today announced that it will report third quarter ended September 30, 2021, operating results on Wednesday, November 10 , 2021. Following distribution of the earnings release via wire services, the Amwell management team will host a live conference call and webcast at 5:00 p.m. Eastern Time to review the Company's operating results and provide a general business update.
How long will AMWL be unprofitable?
Future ROE: AMWL is forecast to be unprofitable in 3 years.
What is American Well Corporation?
American Well Corporation operates as a telehealth company that enables digital delivery of care for healthcare. Its application offers urgent care; pediatrics; therapy; menopause nutrition; menopause counseling; telestroke; population health management; telepsychiatry; pregnancy and postpartum care; pregnancy and postpartum therapy; breastfeed support; and menopause care. The company also provides telemedicine equipment, including telemedicine carts, peripherals, TV kits, tablets, and kiosks.
What is below fair value?
Below Fair Value: Insufficient data to calculate AMWL's fair value to establish if it is undervalued.
Is AMWL a good value?
PB vs Industry: AMWL is good value based on its PB Ratio ( 1.4x) compared to the US Healthcare Services industry average (4.4x).
Is AMWL a high ROE?
High ROE: AMWL has a negative Return on Equity (-13.83%), as it is currently unprofitable.
