Analysts Set AMN Healthcare Services, Inc. (NYSE:AMN) PT at $48.33

AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) has been given a consensus rating of "Hold" by the eight analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $44.50.

Several research firms have issued reports on AMN. BMO Capital Markets lowered their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating for the company in a report on Monday, November 11th. Jefferies Financial Group dropped their target price on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, November 13th. JMP Securities reiterated a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday, November 8th. Finally, Truist Financial cut their target price on AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating on the stock in a research report on Friday, November 8th.

Institutional Investors Weigh In On AMN Healthcare Services

A number of hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its position in AMN Healthcare Services by 152.4% in the 3rd quarter. FMR LLC now owns 4,640,599 shares of the company's stock valued at $196,715,000 after purchasing an additional 2,801,663 shares during the period. WCM Investment Management LLC lifted its position in AMN Healthcare Services by 98.8% in the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Reinhart Partners LLC. acquired a new position in AMN Healthcare Services during the 4th quarter valued at about $12,341,000. Wellington Management Group LLP increased its holdings in AMN Healthcare Services by 54.5% during the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock worth $32,768,000 after purchasing an additional 272,552 shares in the last quarter. Finally, Weiss Asset Management LP purchased a new stake in shares of AMN Healthcare Services in the third quarter worth approximately $10,026,000. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Trading Down 2.1 %

NYSE AMN traded down $0.56 on Tuesday, reaching $26.05. The company had a trading volume of 584,366 shares, compared to its average volume of 636,378. The firm has a market cap of $991.69 million, a price-to-earnings ratio of 18.88 and a beta of 0.07. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. AMN Healthcare Services has a fifty-two week low of $22.47 and a fifty-two week high of $79.74. The business has a 50 day moving average of $25.99 and a two-hundred day moving average of $38.21.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The company had revenue of $687.51 million during the quarter, compared to the consensus estimate of $670.08 million. During the same period last year, the company earned $1.97 earnings per share. Analysts forecast that AMN Healthcare Services will post 3.07 EPS for the current year.

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.