AMN Healthcare Services (NYSE:AMN - Get Free Report) had its price target lowered by research analysts at Truist Financial from $40.00 to $25.00 in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. The brokerage currently has a "buy" rating on the stock. Truist Financial's target price would suggest a potential upside of 35.16% from the stock's previous close.
A number of other equities analysts have also recently issued reports on AMN. BMO Capital Markets reduced their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $38.67.
View Our Latest Analysis on AMN
AMN Healthcare Services Trading Up 1.5 %
AMN Healthcare Services stock traded up $0.28 during trading hours on Tuesday, reaching $18.50. 731,540 shares of the company's stock traded hands, compared to its average volume of 898,609. AMN Healthcare Services has a fifty-two week low of $17.88 and a fifty-two week high of $70.07. The firm's 50 day moving average is $23.43 and its 200-day moving average is $27.61. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. The firm has a market capitalization of $706.34 million, a price-to-earnings ratio of -4.80 and a beta of -0.03.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The firm had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. On average, analysts predict that AMN Healthcare Services will post 1.33 earnings per share for the current year.
Institutional Investors Weigh In On AMN Healthcare Services
Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of AMN Healthcare Services by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock valued at $106,082,000 after purchasing an additional 108,284 shares in the last quarter. State Street Corp lifted its stake in AMN Healthcare Services by 1.1% in the 3rd quarter. State Street Corp now owns 1,520,429 shares of the company's stock valued at $64,451,000 after acquiring an additional 16,075 shares in the last quarter. Newtyn Management LLC acquired a new position in AMN Healthcare Services during the 4th quarter worth approximately $28,417,000. WCM Investment Management LLC grew its stake in shares of AMN Healthcare Services by 98.8% during the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock worth $26,367,000 after acquiring an additional 550,427 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of AMN Healthcare Services by 32.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after purchasing an additional 217,643 shares during the last quarter. 99.23% of the stock is owned by institutional investors.
AMN Healthcare Services Company Profile
(
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.
Read More
Before you consider AMN Healthcare Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMN Healthcare Services wasn't on the list.
While AMN Healthcare Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
