StockNews.com upgraded shares of AMN Healthcare Services (NYSE:AMN - Free Report) from a sell rating to a hold rating in a research note published on Tuesday morning.
A number of other brokerages also recently issued reports on AMN. Jefferies Financial Group cut their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday, November 13th. BMO Capital Markets dropped their price target on shares of AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research report on Monday, February 24th. Truist Financial decreased 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. JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. Finally, William Blair downgraded AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $41.17.
Read Our Latest Stock Analysis on AMN Healthcare Services
AMN Healthcare Services Stock Performance
AMN stock traded down $1.24 during midday trading on Tuesday, reaching $25.33. 1,066,971 shares of the company's stock traded hands, compared to its average volume of 944,535. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. AMN Healthcare Services has a 52-week low of $22.47 and a 52-week high of $70.07. The stock has a market cap of $967.33 million, a P/E ratio of -6.58 and a beta of 0.07. The stock's 50-day moving average is $25.64 and its 200 day moving average is $34.00.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. As a group, analysts anticipate that AMN Healthcare Services will post 1.33 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock valued at $36,000 after buying an additional 377 shares in the last quarter. Cresset Asset Management LLC grew its holdings in shares of AMN Healthcare Services by 5.6% in the fourth quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock valued at $257,000 after purchasing an additional 566 shares in the last quarter. Quarry LP grew its holdings in shares of AMN Healthcare Services by 48.4% in the third quarter. Quarry LP now owns 2,006 shares of the company's stock valued at $85,000 after purchasing an additional 654 shares in the last quarter. Truvestments Capital LLC bought a new stake in AMN Healthcare Services in the third quarter worth $30,000. Finally, Blue Trust Inc. raised its stake in AMN Healthcare Services by 46.3% during the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after purchasing an additional 754 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.
AMN Healthcare Services Company Profile
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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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