AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $18.10 and last traded at $18.32, with a volume of 753305 shares. The stock had previously closed at $18.96.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. BMO Capital Markets cut their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. Truist Financial cut their price objective on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Finally, JMP Securities reissued a "market outperform" rating and issued a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $38.67.
View Our Latest Stock Report on AMN
AMN Healthcare Services Trading Up 1.2 %
The business's 50-day simple moving average is $23.31 and its two-hundred day simple moving average is $27.31. 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 market capitalization of $687.78 million, a price-to-earnings ratio of -4.69 and a beta of -0.03.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, beating 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 business had revenue of $734.71 million during the quarter, compared to analysts' expectations of $694.38 million. Equities analysts forecast that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.
Hedge Funds Weigh In On AMN Healthcare Services
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in AMN Healthcare Services by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock worth $106,082,000 after purchasing an additional 108,284 shares in the last quarter. Newtyn Management LLC purchased a new position in AMN Healthcare Services in the fourth quarter worth approximately $28,417,000. WCM Investment Management LLC grew its holdings in AMN Healthcare Services by 98.8% during the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock worth $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of AMN Healthcare Services by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after purchasing an additional 217,643 shares in the last quarter. Finally, Reinhart Partners LLC. lifted its position in shares of AMN Healthcare Services by 44.4% during the 1st quarter. Reinhart Partners LLC. now owns 744,943 shares of the company's stock worth $18,221,000 after purchasing an additional 229,002 shares during the last quarter. 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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