AMN Healthcare Services, Inc. (NYSE:AMN) Given Average Recommendation of "Hold" by Analysts

Shares of AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eight ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $41.17.

A number of equities research analysts have recently issued reports on the company. JMP Securities reiterated a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Jefferies Financial Group decreased their target price on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, November 13th. BMO Capital Markets decreased their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. Finally, Truist Financial decreased their target price on AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, February 21st.

AMN Healthcare Services Stock Up 2.6 %

Shares of AMN Healthcare Services stock traded up $0.64 on Friday, reaching $25.21. 1,135,840 shares of the company were exchanged, compared to its average volume of 870,757. AMN Healthcare Services has a one year low of $22.47 and a one year high of $70.07. The company has a market capitalization of $962.74 million, a price-to-earnings ratio of -6.55 and a beta of 0.07. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The company has a 50-day moving average of $25.70 and a 200 day moving average of $33.36.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The company had revenue of $734.71 million for the quarter, compared to analysts' expectations of $694.38 million. On average, equities research analysts forecast that AMN Healthcare Services will post 1.33 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in AMN Healthcare Services in the 3rd quarter valued at $30,000. Jones Financial Companies Lllp grew its holdings in AMN Healthcare Services by 33.4% in the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock valued at $36,000 after buying an additional 377 shares in the last quarter. LRI Investments LLC grew its holdings in AMN Healthcare Services by 368.2% in the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after buying an additional 1,274 shares in the last quarter. Blue Trust Inc. grew its holdings in AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after buying an additional 754 shares in the last quarter. Finally, KBC Group NV grew its holdings in AMN Healthcare Services by 110.9% in the 4th quarter. KBC Group NV now owns 2,478 shares of the company's stock valued at $59,000 after buying an additional 1,303 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

AMN Healthcare Services Company Profile

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.