AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $21.30 and last traded at $21.44, with a volume of 455512 shares changing hands. The stock had previously closed at $23.35.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. Truist Financial reduced their price objective on shares of AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. BMO Capital Markets reduced their price target 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. JMP Securities restated a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. Finally, StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, AMN Healthcare Services currently has an average rating of "Hold" and an average target price of $41.17.
Check Out Our Latest Stock Report on AMN
AMN Healthcare Services Stock Performance
The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The firm has a 50 day moving average price of $24.67 and a 200 day moving average price of $28.85. The stock has a market cap of $738.77 million, a PE ratio of -5.02 and a beta of -0.03.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The business had revenue of $734.71 million for the quarter, compared to the consensus estimate of $694.38 million. As a group, research analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.
Institutional Investors Weigh In On AMN Healthcare Services
A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in AMN Healthcare Services by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock valued at $106,082,000 after buying an additional 108,284 shares during the last quarter. State Street Corp lifted its position in AMN Healthcare Services by 1.1% during the third quarter. State Street Corp now owns 1,520,429 shares of the company's stock valued at $64,451,000 after purchasing an additional 16,075 shares during the period. Newtyn Management LLC acquired a new stake in AMN Healthcare Services during the 4th quarter worth about $28,417,000. WCM Investment Management LLC raised its position in AMN Healthcare Services by 98.8% during the fourth 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. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock worth $21,222,000 after purchasing an additional 217,643 shares during the period. 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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