Shares of AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) were up 6.9% during trading on Thursday . The company traded as high as $25.57 and last traded at $25.48. Approximately 164,030 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 782,323 shares. The stock had previously closed at $23.84.
Analyst Ratings Changes
AMN has been the subject of several research reports. JMP Securities restated a "market outperform" rating and set a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating for the company in a research note on Monday, November 11th. Truist Financial decreased 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 note on Friday. William Blair cut shares of AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a research note on Friday, November 8th. Finally, Jefferies Financial Group decreased their target price on shares of 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. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $43.33.
View Our Latest Analysis on AMN
AMN Healthcare Services Price Performance
The firm has a market cap of $1.05 billion, a PE ratio of 19.93 and a beta of 0.07. The stock's fifty day moving average price is $25.40 and its 200-day moving average price is $35.15. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The business had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. As a group, equities analysts expect that AMN Healthcare Services, Inc. will post 3.07 EPS for the current fiscal year.
Institutional Investors Weigh In On AMN Healthcare Services
Large investors have recently modified their holdings of the business. Truvestments Capital LLC purchased a new stake in shares of AMN Healthcare Services during the third quarter worth $30,000. Farther Finance Advisors LLC boosted 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 last quarter. Jones Financial Companies Lllp boosted its position in shares of 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 acquiring an additional 377 shares during the last quarter. LRI Investments LLC boosted its position in shares of AMN Healthcare Services by 368.2% during the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after acquiring an additional 1,274 shares during the last quarter. Finally, Quarry LP boosted 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 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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