American Well Q3 2024 Earnings Call Transcript

AMWL Stock  USD 9.57  0.46  5.05%   
About 57% of all American Well's institutional investors are looking to take a long position. The analysis of overall sentiment of trading American Well Corp stock suggests that some investors are interested at this time. American Well's investing sentiment shows overall attitude of investors towards American Well Corp.
  
AMWL earnings call for the period ending September 30, 2024.

Read at fool.com
fool News
  

American Well Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards American Well can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

American Well Fundamental Analysis

We analyze American Well's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Well using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Well based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Valuation

Current Valuation Comparative Analysis

American Well is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

American Well Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with American Well stock to make a market-neutral strategy. Peer analysis of American Well could also be used in its relative valuation, which is a method of valuing American Well by comparing valuation metrics with similar companies.

Peers

American Well Related Equities

TDOCTeladoc   4.81   
0%
100.0%
PHRPhreesia   3.60   
0%
74.0%
TXG10X Genomics   2.71   
0%
56.0%
SDGRSchrodinger   2.54   
0%
52.0%
HCATHealth Catalyst   2.08   
0%
43.0%
DHDefinitive Healthcare   1.50   
0%
31.0%
PGNYProgyny   0.58   
0%
12.0%
VEEVVeeva Systems   0.48   
0%
9.0%
GEHCGE HealthCare   0.27   
0%
5.0%
GDRXGoodrx Holdings   0.41   
8.0%
0%
CERTCertara   0.53   
11.0%
0%
DOCSDoximity   0.73   
15.0%
0%
PRVAPrivia Health   0.83   
17.0%
0%
When determining whether American Well Corp is a strong investment it is important to analyze American Well's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Well's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out American Well Hype Analysis, American Well Correlation and American Well Performance.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Well. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Well listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(14.45)
Revenue Per Share
17.223
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.25)
Return On Equity
(0.50)
The market value of American Well Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Well's value that differs from its market value or its book value, called intrinsic value, which is American Well's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Well's market value can be influenced by many factors that don't directly affect American Well's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Well's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Well is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Well's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.