Tributary Capital Management LLC Cuts Stock Holdings in AMN Healthcare Services Inc $AMN

Tributary Capital Management LLC decreased its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 11.4% in the 2nd quarter, Holdings Channel reports. The firm owned 434,824 shares of the company’s stock after selling 55,700 shares during the period. Tributary Capital Management LLC’s holdings in AMN Healthcare Services were worth $8,988,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC grew its holdings in shares of AMN Healthcare Services by 107.0% during the first quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company’s stock worth $28,000 after purchasing an additional 599 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in AMN Healthcare Services by 3,142.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company’s stock worth $37,000 after buying an additional 1,477 shares during the last quarter. Caption Management LLC lifted its position in AMN Healthcare Services by 400.0% in the 1st quarter. Caption Management LLC now owns 2,500 shares of the company’s stock worth $61,000 after buying an additional 2,000 shares during the last quarter. Strs Ohio bought a new stake in AMN Healthcare Services in the 1st quarter worth approximately $95,000. Finally, Covestor Ltd lifted its position in AMN Healthcare Services by 59.6% in the 1st quarter. Covestor Ltd now owns 4,650 shares of the company’s stock worth $114,000 after buying an additional 1,736 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AMN shares. Truist Financial boosted their target price on AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. BMO Capital Markets lowered their price objective on AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating for the company in a research report on Monday, August 11th. JMP Securities lowered their price objective on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 12th. Bank of America lowered their price objective on AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Wednesday, September 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $23.08.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock opened at $20.42 on Thursday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. The company has a market cap of $782.42 million, a PE ratio of -2.63 and a beta of 0.15. The business has a 50 day moving average of $19.61 and a 200 day moving average of $20.07. AMN Healthcare Services Inc has a 52 week low of $14.86 and a 52 week high of $42.41.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.13. The company had revenue of $658.18 million during the quarter, compared to the consensus estimate of $652.89 million. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The firm’s revenue for the quarter was down 11.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.98 earnings per share. AMN Healthcare Services has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

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.