StockNews.com upgraded shares of AMN Healthcare Services (NYSE:AMN - Free Report) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning.
AMN has been the subject of a number of other reports. JMP Securities reiterated a "market outperform" rating and issued a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. Truist Financial reduced their price objective on shares of AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating for the company in a research report on Friday, February 21st. Finally, BMO Capital Markets dropped their target price on shares of 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, AMN Healthcare Services currently has an average rating of "Hold" and a consensus price target of $41.17.
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AMN Healthcare Services Trading Down 1.6 %
NYSE:AMN traded down $0.38 on Tuesday, reaching $23.55. 645,023 shares of the stock traded hands, compared to its average volume of 888,183. 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 1-year low of $22.47 and a 1-year high of $70.07. The company's 50 day moving average is $25.62 and its 200-day moving average is $30.45. The firm has a market capitalization of $899.20 million, a price-to-earnings ratio of -6.12 and a beta of 0.15.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. The business had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Equities research analysts anticipate that AMN Healthcare Services will post 1.33 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in AMN. Jones Financial Companies Lllp increased 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 during the last quarter. Cresset Asset Management LLC boosted its stake in 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 acquiring an additional 566 shares during the last quarter. Quarry LP grew its position in shares of AMN Healthcare Services by 48.4% during the 3rd quarter. Quarry LP now owns 2,006 shares of the company's stock valued at $85,000 after acquiring an additional 654 shares during the period. Truvestments Capital LLC purchased a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $30,000. Finally, Blue Trust Inc. grew its holdings 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 during the period. 99.23% of the stock is owned by institutional investors.
About AMN Healthcare Services
(
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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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