AMN Healthcare Services' (AMN) Market Outperform Rating Reiterated at JMP Securities

AMN Healthcare Services (NYSE:AMN - Get Free Report)'s stock had its "market outperform" rating reissued by stock analysts at JMP Securities in a report issued on Thursday,Benzinga reports. They currently have a $34.00 price target on the stock. JMP Securities' price objective suggests a potential upside of 36.43% from the company's current price.

AMN has been the topic of several other reports. Truist Financial cut their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating on the stock in a research note on Friday, November 8th. Jefferies Financial Group reduced their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a research note on Wednesday, November 13th. BMO Capital Markets cut their price target on AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating on the stock in a report on Monday, November 11th. Finally, William Blair cut AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research note on Friday, November 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $44.50.

AMN Healthcare Services Trading Down 1.1 %

Shares of AMN Healthcare Services stock traded down $0.29 on Thursday, reaching $24.92. The company had a trading volume of 644,237 shares, compared to its average volume of 630,222. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a market cap of $948.74 million, a PE ratio of 18.06 and a beta of 0.07. The firm's 50 day moving average price is $25.97 and its two-hundred day moving average price is $37.58. AMN Healthcare Services has a 52-week low of $22.47 and a 52-week high of $79.74.

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 for the quarter, beating 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 business had revenue of $687.51 million during the quarter, compared to analysts' expectations of $670.08 million. During the same period in the previous year, the firm posted $1.97 earnings per share. Sell-side analysts predict that AMN Healthcare Services will post 3.07 earnings per share for the current fiscal year.

Institutional Trading of AMN Healthcare Services

Institutional investors have recently modified their holdings of the business. Truvestments Capital LLC acquired a new position in shares of AMN Healthcare Services during the 3rd quarter worth $30,000. Jones Financial Companies Lllp boosted its holdings in AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after buying an additional 377 shares in the last quarter. Blue Trust Inc. grew its position in AMN Healthcare Services by 46.3% during the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock worth $57,000 after buying an additional 754 shares during the period. KBC Group NV increased its holdings in AMN Healthcare Services by 110.9% in the fourth 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. Finally, Farther Finance Advisors LLC lifted its position in shares of AMN Healthcare Services by 455.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company's stock valued at $63,000 after acquiring an additional 1,224 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

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.