Analysts Set AMN Healthcare Services, Inc. (NYSE:AMN) PT at $41.17

Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have earned an average rating of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $41.17.

A number of brokerages have issued reports on AMN. BMO Capital Markets decreased their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research report on Monday, February 24th. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 25th. JMP Securities reaffirmed 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. Finally, Truist Financial reduced their target price on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, February 21st.

AMN Healthcare Services Trading Down 1.6 %

AMN stock opened at $23.55 on Wednesday. The firm has a fifty day moving average price of $25.58 and a 200 day moving average price of $30.10. AMN Healthcare Services has a fifty-two week low of $22.47 and a fifty-two week high of $70.07. The firm has a market cap of $899.20 million, a PE ratio of -6.12 and a beta of 0.15. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The business had revenue of $734.71 million during the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Sell-side analysts anticipate that AMN Healthcare Services will post 1.33 earnings per share for the current fiscal year.

Institutional Trading of AMN Healthcare Services

A number of hedge funds and other institutional investors have recently bought and sold shares of AMN. FMR LLC boosted its holdings in shares of AMN Healthcare Services by 152.4% in the third quarter. FMR LLC now owns 4,640,599 shares of the company’s stock valued at $196,715,000 after purchasing an additional 2,801,663 shares during the period. Vanguard Group Inc. raised its position in AMN Healthcare Services by 2.5% during the 4th 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 holdings in shares of AMN Healthcare Services by 1.1% in the 3rd quarter. State Street Corp now owns 1,520,429 shares of the company’s stock worth $64,451,000 after buying an additional 16,075 shares during the period. Newtyn Management LLC bought a new position in shares of AMN Healthcare Services during the 4th quarter worth $28,417,000. Finally, WCM Investment Management LLC increased its stake in shares of AMN Healthcare Services by 98.8% during the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company’s stock valued at $26,367,000 after buying an additional 550,427 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

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.