American Well (AMWL) to Release Earnings on Wednesday

American Well (NYSE:AMWL) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of ($3.04) per share and revenue of $66.57 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

American Well Stock Performance

NYSE AMWL opened at $11.44 on Tuesday. The stock has a 50-day simple moving average of $9.07 and a 200 day simple moving average of $9.06. American Well has a twelve month low of $5.00 and a twelve month high of $29.00. The stock has a market capitalization of $175.18 million, a PE ratio of -0.78 and a beta of 1.18.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AMWL shares. Needham & Company LLC reissued a “hold” rating on shares of American Well in a research report on Thursday, October 31st. Morgan Stanley cut their target price on shares of American Well from $20.00 to $10.50 and set an “equal weight” rating for the company in a research note on Tuesday, December 17th. Finally, Wells Fargo & Company upgraded shares of American Well from an “equal weight” rating to an “overweight” rating and set a $15.00 price target on the stock in a research report on Monday, January 13th.

About American Well

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.