AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) has received an average rating of "Hold" from the seven research firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $67.83.
A number of analysts have recently commented on AMN shares. StockNews.com cut AMN Healthcare Services from a "hold" rating to a "sell" rating in a research report on Wednesday, July 31st. BMO Capital Markets lifted their target price on AMN Healthcare Services from $60.00 to $71.00 and gave the stock an "outperform" rating in a research report on Monday, August 12th. JMP Securities cut their target price on AMN Healthcare Services from $75.00 to $66.00 and set a "market outperform" rating on the stock in a research report on Tuesday, August 13th. Finally, UBS Group cut their target price on AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a research report on Friday, August 9th.
Check Out Our Latest Stock Report on AMN Healthcare Services
Several institutional investors have recently added to or reduced their stakes in AMN. Mather Group LLC. acquired a new position in AMN Healthcare Services in the 2nd quarter valued at about $31,000. Nisa Investment Advisors LLC boosted its holdings in AMN Healthcare Services by 41.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock valued at $38,000 after purchasing an additional 219 shares in the last quarter. Quarry LP boosted its holdings in AMN Healthcare Services by 64.8% in the 4th quarter. Quarry LP now owns 519 shares of the company's stock valued at $39,000 after purchasing an additional 204 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in AMN Healthcare Services in the 1st quarter valued at approximately $58,000. Finally, GAMMA Investing LLC boosted its holdings in AMN Healthcare Services by 232.4% in the 2nd quarter. GAMMA Investing LLC now owns 1,160 shares of the company's stock valued at $59,000 after purchasing an additional 811 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.
NYSE:AMN opened at $41.26 on Wednesday. The firm has a market cap of $1.57 billion, a PE ratio of 11.09 and a beta of 0.12. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.36. The stock has a fifty day moving average price of $52.68 and a 200 day moving average price of $55.15. AMN Healthcare Services has a 12-month low of $39.26 and a 12-month high of $87.87.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.22. The company had revenue of $740.69 million during the quarter, compared to the consensus estimate of $740.43 million. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. AMN Healthcare Services's revenue for the quarter was down 25.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.38 EPS. Sell-side analysts anticipate that AMN Healthcare Services will post 3.26 earnings per share for the current fiscal year.
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.
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