Shares of AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) were up 3.1% during trading on Monday . The company traded as high as $24.08 and last traded at $24.31. Approximately 66,353 shares were traded during trading, a decline of 93% from the average daily volume of 884,890 shares. The stock had previously closed at $23.57.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. JMP Securities restated a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. BMO Capital Markets decreased 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 cut their price target on shares of AMN Healthcare Services from $47.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, February 21st. Finally, StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, AMN Healthcare Services has an average rating of "Hold" and a consensus target price of $41.17.
Check Out Our Latest Research Report on AMN Healthcare Services
AMN Healthcare Services Trading Down 6.5 %
The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The firm has a market cap of $777.72 million, a price-to-earnings ratio of -5.29 and a beta of 0.15. The firm's fifty day moving average is $25.29 and its 200-day moving average is $29.70.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.52 by $0.23. The company had revenue of $734.71 million for the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. Equities analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.
Institutional Trading of AMN Healthcare Services
Several hedge funds have recently modified their holdings of the stock. Jones Financial Companies Lllp grew its holdings in AMN Healthcare Services by 33.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after purchasing an additional 377 shares during the period. 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 worth $39,000 after purchasing an additional 1,274 shares in the last quarter. Blue Trust Inc. grew its stake in shares of AMN Healthcare Services by 46.3% in the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after buying an additional 754 shares during the period. KBC Group NV increased its position in AMN Healthcare Services by 110.9% in the 4th 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, Covestor Ltd raised its stake in AMN Healthcare Services by 41.0% during the 4th quarter. Covestor Ltd now owns 2,914 shares of the company's stock worth $70,000 after buying an additional 848 shares during the period. 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.
Further Reading
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