Air Methods Corp on Focus After Bearish Options Activity

 Air Methods Corp on Focus After Bearish Options Activity

In today’s session Air Methods Corp (AIRM) recorded an unusually high (2,031) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious AIRM decrease. With 2,031 contracts traded and 27974 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: AIRM161118P00025000 closed last at: $1 or 81.8% up. About 318,696 shares traded hands. Air Methods Corp (NASDAQ:AIRM) has declined 27.52% since March 29, 2016 and is downtrending. It has underperformed by 30.99% the S&P500.

Analysts await Air Methods Corp (NASDAQ:AIRM) to report earnings on November, 3. They expect $1.28 earnings per share, up 8.47% or $0.10 from last year’s $1.18 per share. AIRM’s profit will be $49.71 million for 5.18 P/E if the $1.28 EPS becomes a reality. After $0.70 actual earnings per share 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. Air Methods has been the topic of 2 analyst reports since November 6, 2015 according to StockzIntelligence Inc. On Friday, August 5 the stock rating was maintained by Oppenheimer with “Outperform”.

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 2016 Q2. Its the same as in 2016Q1. The ratio is flat, 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, Jennison Assoc Ltd Limited Liability Company has 0.07% invested in Air Methods Corp (NASDAQ:AIRM) for 1.79M shares. Sei Invs last reported 0% of its portfolio in the stock. First Tru Limited Partnership, a Illinois-based fund reported 18,562 shares. State Of Tennessee Treasury Department last reported 27,471 shares in the company. Hatteras Funds Limited Co last reported 1.67% of its portfolio in the stock. Capstone Inv Ltd Limited Liability Company has 5,795 shares for 0% of their US portfolio. Grp One Trading Limited Partnership has invested 0% of its portfolio in Air Methods Corp (NASDAQ:AIRM). Deutsche State Bank Ag accumulated 0.01% or 404,068 shares. Ameriprise Fincl Inc accumulated 0.01% or 243,256 shares. Pacad Investment has invested 0.01% of its portfolio in Air Methods Corp (NASDAQ:AIRM). Brown Advisory has 0.12% invested in the company for 927,050 shares. Swiss Bank & Trust has 0% invested in the company for 60,700 shares. Profit Inv Management Lc last reported 46,958 shares in the company. Timpani Mgmt Limited Liability Corp accumulated 33,763 shares or 0.51% of the stock. The Colorado-based Public Employees Retirement Association Of Colorado has invested 0.08% in Air Methods Corp (NASDAQ:AIRM).

Insider Transactions: Since August 10, 2016, the stock had 1 insider buy, and 1 sale for $38,141 net activity. KECK SHARON J had sold 1,300 shares worth $42,159 on Wednesday, August 10. On Thursday, August 11 WHITTERS JOSEPH E bought $80,300 worth of the stock or 2,500 shares.

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 $1.03 billion. The Company’s divisions include Air Medical Services , Tourism and United Rotorcraft (UR) Division. It has a 8.89 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 Forbes.com with their article: “FAA Proposes $892.5K Fine Against Air Methods For Dozens Of Air Ambulance Flights” published on September 14, 2016, Fool.com published: “Air Methods Corp Stock Down 11% Today: Here’s Why” on July 26, 2016. More interesting news about Air Methods Corp (NASDAQ:AIRM) were released by: Fool.com and their article: “Tri-State Acquisition Dampens Air Methods Corp.’s Q2 Results” published on August 04, 2016 as well as Fool.com‘s news article titled: “Stormy Weather Dampens Air Methods Corp.’s Q4 Results” with publication date: February 26, 2016.

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