What Will Happen to Air Methods Corp Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to Air Methods Corp Next? The Stock Just Had Huge Bullish Options Activity

In today’s session Air Methods Corp (AIRM) registered an unusually high (281) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious AIRM increase. With 281 contracts traded and 41904 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: AIRM161021C00035000 closed last at: $0.55 or 83.3% up. About 54,959 shares traded hands. Air Methods Corp (NASDAQ:AIRM) has declined 18.34% since March 2, 2016 and is downtrending. It has underperformed by 26.60% the S&P500.

Analysts await Air Methods Corp (NASDAQ:AIRM) to report earnings on November, 3. They expect $1.28 EPS, up 8.47% or $0.10 from last year’s $1.18 per share. AIRM’s profit will be $48.86M for 6.19 P/E if the $1.28 EPS becomes a reality. After $0.70 actual EPS reported by Air Methods Corp for the previous quarter, Wall Street now forecasts 82.86% EPS growth.

Air Methods Corp (NASDAQ:AIRM) Ratings Coverage

Out of 2 analysts covering Air Methods (NASDAQ:AIRM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $51 is the highest target while $50 is the lowest. The $50.50 average target is 59.31% above today’s ($31.7) stock price. Air Methods has been the topic of 2 analyst reports since November 6, 2015 according to StockzIntelligence Inc. The stock of Air Methods Corp (NASDAQ:AIRM) earned “Outperform” rating by Oppenheimer on Friday, August 5.

According to Zacks Investment Research, “Air Methods Corporation provides air medical emergency transport services and systems throughout North America. The Air Medical Service Division offers their clients helicopters and airplanes equipped with medical interiors for flights from the scene of an accident or general hospital to a trauma center. The Products Division designs, manufactures, and installs aircraft medical interiors and other aerospace products.”

Insitutional Activity: The institutional sentiment is 1.02 in Q2 2016. Its the same as in 2016Q1. The ratio has no change, as 25 funds sold all Air Methods Corp shares owned while 67 reduced positions. only 32 funds bought stakes while 62 increased positions. They now own 42.93 million shares or 1.69% less from 43.66 million shares in 2016Q1.
Moreover, Assetmark Incorporated has 0% invested in Air Methods Corp (NASDAQ:AIRM) for 445 shares. California State Teachers Retirement last reported 0.01% of its portfolio in the stock. Retail Bank Of Montreal Can holds 0% of its portfolio in Air Methods Corp (NASDAQ:AIRM) for 1,267 shares. New York State Common Retirement Fund holds 0.01% or 146,395 shares in its portfolio. Smithfield Trust Co last reported 240 shares in the company. The Maryland-based Profund Limited Liability has invested 0.01% in Air Methods Corp (NASDAQ:AIRM). Scout Invests Inc owns 107,200 shares or 0.11% of their US portfolio. Umb Bank & Trust N A Mo has invested 0.13% of its portfolio in Air Methods Corp (NASDAQ:AIRM). Advisory Services Networks accumulated 0% or 150 shares. Asset Mgmt accumulated 0% or 3,124 shares. Wasatch Advsr last reported 0.09% of its portfolio in the stock. Moreover, Deere has 0.01% invested in Air Methods Corp (NASDAQ:AIRM) for 5,851 shares. Citigroup reported 567 shares or 0% of all its holdings. State Of Tennessee Treasury Department owns 27,471 shares or 0% of their US portfolio. Renaissance Techs Ltd Co has 0.02% invested in the company for 293,100 shares.

Insider Transactions: Since August 10, 2016, the stock had 1 buy, and 1 insider sale for $38,141 net activity. 1,300 shares with value of $42,159 were sold by KECK SHARON J on Wednesday, August 10. 2,500 shares were bought by WHITTERS JOSEPH E, worth $80,300.

Air Methods Corporation is engaged in providing air medical emergency transport services and systems throughout the United States. The company has a market cap of $1.21 billion. The Company’s divisions include Air Medical Services , Tourism and United Rotorcraft (UR) Division. It has a 10.62 P/E ratio. The Company’s AMS segment provides air medical transportation services to the general population as an independent service and to hospitals or other institutions under exclusive operating agreements.

AIRM Company Profile

Air Methods Corporation, incorporated on April 10, 1987, is engaged in providing air medical emergency transport services and systems throughout the United States. The Company’s divisions include Air Medical Services (AMS), Tourism and United Rotorcraft (UR) Division. The Company’s Air Medical Services Division provides air medical transportation services in approximately 40 states to the general population as an independent service (also called community services) and to hospitals or other institutions under exclusive operating agreements (also called hospital services). It transports persons requiring intensive medical care from either the scene of an accident or general care hospitals to skilled trauma centers or tertiary care centers.

More notable recent Air Methods Corp (NASDAQ:AIRM) news were published by: Fool.com which released: “Why Air Methods Corp. Shares Sank 12% Today” on September 08, 2016, also Reuters.com with their article: “FAA proposes $892500 civil penalty against Air Methods Corp” published on September 14, 2016, Fool.com published: “Tri-State Acquisition Dampens Air Methods Corp.’s Q2 Results” on August 04, 2016. More interesting news about Air Methods Corp (NASDAQ:AIRM) were released by: Fool.com and their article: “Air Methods Corp Stock Down 11% Today: Here’s Why” published on July 26, 2016 as well as Fool.com‘s news article titled: “Air Methods Corp. Revenue and Earnings Soar in Q3” with publication date: November 07, 2015.

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