Investment Analysts’ Recent Ratings Updates for American Shared Hospital Services (AMS)

Posted by Amy Steele on Oct 28th, 2024

American Shared Hospital Services (NYSEAMERICAN: AMS) has recently received a number of price target changes and ratings updates:

10/28/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
10/22/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
10/16/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
10/10/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
10/4/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
9/28/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
9/22/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
9/16/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
9/10/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
9/4/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
8/29/2024 – American Shared Hospital Services is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

American Shared Hospital Services Stock Up 0.9 %

American Shared Hospital Services stock traded up $0.03 during trading hours on Monday, hitting $3.26. The company had a trading volume of 4,440 shares, compared to its average volume of 46,748. The stock has a market cap of $20.73 million, a P/E ratio of 5.02 and a beta of 0.67. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.37. American Shared Hospital Services has a one year low of $2.16 and a one year high of $4.60.

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.06. American Shared Hospital Services had a net margin of 18.41% and a return on equity of 5.39%. The business had revenue of $7.06 million during the quarter, compared to analysts’ expectations of $6.15 million. As a group, analysts expect that American Shared Hospital Services will post 0.73 EPS for the current year.

Hedge Funds Weigh In On American Shared Hospital Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its position in shares of American Shared Hospital Services by 31.2% during the 2nd quarter. Renaissance Technologies LLC now owns 55,501 shares of the company’s stock worth $177,000 after buying an additional 13,201 shares during the last quarter. Empowered Funds LLC acquired a new position in American Shared Hospital Services during the first quarter worth about $31,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of American Shared Hospital Services by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock worth $574,000 after acquiring an additional 8,436 shares during the last quarter. 23.16% of the stock is currently owned by institutional investors and hedge funds.

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.