Shares of AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) have received an average recommendation of "Hold" from the seven research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $60.17.
AMN has been the subject of several research analyst reports. Benchmark reissued a "hold" rating on shares of AMN Healthcare Services in a report on Wednesday, October 2nd. Truist Financial decreased their target price on AMN Healthcare Services from $70.00 to $50.00 and set a "buy" rating for the company in a research note on Monday, October 21st. JMP Securities dropped their price target on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a research report on Tuesday, October 22nd. UBS Group decreased their price objective on AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a research report on Friday, August 9th. Finally, Bank of America downgraded shares of AMN Healthcare Services from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $65.00 to $48.00 in a report on Monday, October 7th.
View Our Latest Research Report on AMN Healthcare Services
AMN Healthcare Services Trading Up 0.7 %
AMN traded up $0.26 during midday trading on Friday, reaching $39.67. 579,459 shares of the company were exchanged, compared to its average volume of 800,732. The stock has a market capitalization of $1.51 billion, a P/E ratio of 10.66 and a beta of 0.11. AMN Healthcare Services has a one year low of $36.50 and a one year high of $80.22. The stock's 50-day simple moving average is $44.88 and its 200 day simple moving average is $52.25. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.23 and a current ratio of 1.23.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.22. AMN Healthcare Services had a net margin of 3.07% and a return on equity of 23.68%. The business had revenue of $740.69 million for the quarter, compared to analyst estimates of $740.43 million. During the same quarter last year, the firm earned $2.38 EPS. AMN Healthcare Services's quarterly revenue was down 25.3% compared to the same quarter last year. As a group, analysts forecast that AMN Healthcare Services will post 3.21 earnings per share for the current fiscal year.
Institutional Trading of AMN Healthcare Services
A number of institutional investors have recently made changes to their positions in AMN. Nisa Investment Advisors LLC increased its stake in AMN Healthcare Services by 41.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock valued at $38,000 after buying an additional 219 shares during the last quarter. Arizona State Retirement System increased its position in shares of AMN Healthcare Services by 2.1% in the second quarter. Arizona State Retirement System now owns 10,606 shares of the company's stock valued at $543,000 after acquiring an additional 221 shares during the last quarter. Pitcairn Co. raised its holdings in AMN Healthcare Services by 4.2% during the first quarter. Pitcairn Co. now owns 6,138 shares of the company's stock worth $384,000 after acquiring an additional 249 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in AMN Healthcare Services by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,730 shares of the company's stock valued at $345,000 after purchasing an additional 252 shares during the last quarter. Finally, SummerHaven Investment Management LLC boosted its position in AMN Healthcare Services by 4.1% during the second quarter. SummerHaven Investment Management LLC now owns 7,024 shares of the company's stock valued at $360,000 after purchasing an additional 278 shares during the last quarter. Institutional investors own 99.23% of the company's stock.
AMN Healthcare Services Company Profile
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Get Free ReportAMN 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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