AMN Healthcare Services (NYSE:AMN - Free Report) had its target price cut by BMO Capital Markets from $50.00 to $46.00 in a report issued on Monday,Benzinga reports. They currently have an outperform rating on the stock.
A number of other analysts also recently issued reports on AMN. UBS Group cut their target price on AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a research note on Friday, August 9th. StockNews.com lowered shares of AMN Healthcare Services from a "hold" rating to a "sell" rating in a report on Wednesday, July 31st. Bank of America downgraded shares of AMN Healthcare Services from a "neutral" rating to an "underperform" rating and cut their price target for the stock from $65.00 to $48.00 in a report on Monday, October 7th. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday. Finally, Truist Financial reduced 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. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $52.60.
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AMN Healthcare Services Price Performance
Shares of AMN Healthcare Services stock traded down $1.25 during trading hours on Monday, reaching $27.80. 3,119,587 shares of the company's stock were exchanged, compared to its average volume of 755,974. The business has a fifty day moving average of $42.13 and a two-hundred day moving average of $50.96. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.36. The company has a market capitalization of $1.06 billion, a P/E ratio of 20.15 and a beta of 0.13. AMN Healthcare Services has a 1 year low of $26.77 and a 1 year high of $80.22.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The company had revenue of $687.51 million during the quarter, compared to the consensus estimate of $670.08 million. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.35%. During the same quarter in the prior year, the firm earned $1.97 EPS. As a group, research analysts predict that AMN Healthcare Services will post 3.13 earnings per share for the current fiscal year.
Insider Activity at AMN Healthcare Services
In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm's stock in a transaction dated Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the transaction, the chief financial officer now directly owns 37,550 shares in the company, valued at $1,385,595. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.93% of the company's stock.
Institutional Trading of AMN Healthcare Services
A number of large investors have recently modified their holdings of AMN. Mather Group LLC. acquired a new position in AMN Healthcare Services during the 2nd quarter worth $31,000. Nisa Investment Advisors LLC raised its holdings in AMN Healthcare Services by 41.4% in the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock valued at $38,000 after acquiring an additional 219 shares in the last quarter. GAMMA Investing LLC lifted its stake in AMN Healthcare Services by 232.4% in the second quarter. GAMMA Investing LLC now owns 1,160 shares of the company's stock worth $59,000 after acquiring an additional 811 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in AMN Healthcare Services by 455.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company's stock worth $63,000 after acquiring an additional 1,224 shares in the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of AMN Healthcare Services in the 2nd quarter valued at approximately $65,000. Hedge funds and other institutional investors own 99.23% of the company's stock.
About AMN Healthcare Services
(
Get Free Report)
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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