Ernest Bates - American Shared President

AMS Stock  USD 3.02  0.02  0.67%   

President

Mr. Ernest R. Bates serves as Vice President Sales and Business Development of American Shared Hospital Services. He was on the Board of Directors of the Company from 2004 through February 2007. Prior to joining the Company, he had been Managing Director, Institutional Fixed Income Sales of HSBC Securities, Inc. since 2003 since 2020.
Age 52
Tenure 4 years
Professional MarksMBA
Address 601 Montgomery Street, San Francisco, CA, United States, 94111-2619
Phone415 788 5300
Webhttps://ashs.com
Bates has also served as Managing Director, Head of Asian Product for HSBC Securities Inc. from 1999 to 2003. From 1993 through 1999, Mr. Bates held various positions with Merrill Lynch, last serving as Vice President, European Syndicate for Merrill Lynch International. He received his undergraduate degree from Brown University and a M.B.A. degree from The Wharton Business School. Ernest R. Bates is the son of Chairman of the Board and Chief Executive Officer Dr. Ernest A. Bates.

American Shared Management Efficiency

The company has Return on Asset of 0.0315 % which means that on every $100 spent on assets, it made $0.0315 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0102 %, implying that it generated $0.0102 on every 100 dollars invested. American Shared's management efficiency ratios could be used to measure how well American Shared manages its routine affairs as well as how well it operates its assets and liabilities. At this time, American Shared's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.04 in 2024. At this time, American Shared's Asset Turnover is comparatively stable compared to the past year.
The company has 15.68 M in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. American Shared Hospital has a current ratio of 3.57, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist American Shared until it has trouble settling it off, either with new capital or with free cash flow. So, American Shared's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like American Shared Hospital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Shared's use of debt, we should always consider it together with cash and equity.

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American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers. American Shared Hospital Services was founded in 1980 and is based in San Francisco, California. American Shared operates under Medical Care Facilities classification in the United States and is traded on AMEX Exchange. It employs 19 people. American Shared Hospital (AMS) is traded on NYSE MKT Exchange in USA. It is located in 601 Montgomery Street, San Francisco, CA, United States, 94111-2619 and employs 31 people. American Shared is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

American Shared Hospital Leadership Team

Elected by the shareholders, the American Shared's board of directors comprises two types of representatives: American Shared inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Shared's management team and ensure that shareholders' interests are well served. American Shared's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Shared's outside directors are responsible for providing unbiased perspectives on the board's policies.
Raymond Stachowiak, Interim President and Chief Executive Officer, Director
Ernest Bates, Senior Vice President, International Operations and Sales and Business Development
Alexis CPA, Chief Secretary
Daniel Kelly, Independent Director
John Ruffle, Lead Independent Director
Saim Ozyurek, Director
Timothy Keel, Vice Marketing
Mert Ozyurek, Director
Peter Gaccione, Chief Officer
Robert Hiatt, Chief Officer
Alexis Wallace, Chief Accounting Officer
Ranjit Pradhan, Head Advocacy
Ernest MD, Founder Development
Craig Tagawa, President, Chief Financial Officer, Chief Operating Officer, Assistant Secretary
David Larson, Independent Director
Sandra Lawrence, Independent Director
Stanley Trotman, Independent Director

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is American Shared a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards American Shared in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, American Shared's short interest history, or implied volatility extrapolated from American Shared options trading.

Pair Trading with American Shared

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Shared position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Shared will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

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The ability to find closely correlated positions to American Shared could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Shared when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Shared - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Shared Hospital to buy it.
The correlation of American Shared is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Shared moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Shared Hospital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Shared can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Shared Hospital is a strong investment it is important to analyze American Shared'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 Shared's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Shared Hospital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running American Shared's price analysis, check to measure American Shared's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.
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Is American Shared's industry 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 Shared. 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 Shared listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.624
Earnings Share
0.1
Revenue Per Share
3.354
Quarterly Revenue Growth
0.131
Return On Assets
0.0315
The market value of American Shared Hospital 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 Shared's value that differs from its market value or its book value, called intrinsic value, which is American Shared'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 Shared's market value can be influenced by many factors that don't directly affect American Shared'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 Shared's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Shared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Shared'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.