AMN Healthcare Services (AMN) to Release Quarterly Earnings on Thursday

AMN Healthcare Services (NYSE:AMN - Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.63 per share for the quarter. AMN Healthcare Services has set its Q3 2024 guidance at EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.98 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $740.43 million. During the same period in the prior year, the business posted $2.38 earnings per share. The company's revenue was down 25.3% on a year-over-year basis. On average, analysts expect AMN Healthcare Services to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

AMN Healthcare Services Trading Down 3.8 %

Shares of NYSE AMN traded down $1.48 during midday trading on Thursday, reaching $37.94. The company had a trading volume of 696,157 shares, compared to its average volume of 795,476. The firm's fifty day moving average price is $44.22 and its 200-day moving average price is $51.93. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.36. AMN Healthcare Services has a one year low of $36.50 and a one year high of $80.22. The stock has a market cap of $1.44 billion, a PE ratio of 15.23 and a beta of 0.11.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AMN shares. Benchmark reissued a "hold" rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. UBS Group cut their price target on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, August 9th. Truist Financial lowered their price objective on shares of 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. Bank of America lowered 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. Finally, JMP Securities reduced their price target on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a report on Tuesday, October 22nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $60.17.

AMN Healthcare Services Company Profile

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.