AMN Healthcare Services (NYSE:AMN) Stock Price Down 14.2% – What’s Next?

AMN Healthcare Services Inc (NYSE:AMN)’s stock price dropped 14.2% on Friday. The company traded as low as $40.88 and last traded at $40.6680. 113,168 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 1,018,454 shares. The stock had previously closed at $47.42.

More AMN Healthcare Services News

Here are the key news stories impacting AMN Healthcare Services this week:

• Positive Sentiment: AMN reported adjusted earnings of $1.16 per share, well above estimates of about $0.23, and revenue of $717 million, topping the roughly $650 million consensus. Revenue grew 13% year over year, while EPS rose from $0.39 a year earlier. AMN Healthcare announces third-quarter 2026 results
• Positive Sentiment: The outlook was also described as encouraging: reports highlighted optimistic sales guidance for the next quarter, which may support expectations that business momentum will continue. AMN delivers strong Q3 numbers and optimistic sales guidance
• Positive Sentiment: Citizens JMP raised its price target to $51 from $40 and maintained a “market outperform” rating, signaling confidence in further potential upside. Citizens JMP stock recommendations

Analyst Upgrades and Downgrades

A number of brokerages have commented on AMN. Truist Financial upped their price objective on shares of AMN Healthcare Services from $26.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 18th. BMO Capital Markets lifted their target price on shares of AMN Healthcare Services from $40.00 to $43.00 and gave the company an “outperform” rating in a report on Friday, October 9th. Citigroup reiterated an “outperform” rating on shares of AMN Healthcare Services in a research note on Friday, August 14th. Finally, Wall Street Zen cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Tuesday, August 25th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $38.33.

AMN Healthcare Services Stock Performance

The company has a debt-to-equity ratio of 1.00, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $1.45 billion, a PE ratio of 13.99, a P/E/G ratio of 1.64 and a beta of 0.42. The stock has a 50 day moving average of $38.18 and a two-hundred day moving average of $28.98.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 5th. The company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.93. AMN Healthcare Services had a return on equity of 19.92% and a net margin of 3.06%. The firm had revenue of $717.27 million for the quarter, compared to analyst estimates of $649.55 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. AMN Healthcare Services’s quarterly revenue was up 13.0% on a year-over-year basis. Research analysts expect that AMN Healthcare Services Inc will post 3.32 EPS for the current fiscal year.

Hedge Funds Weigh In On AMN Healthcare Services

Large investors have recently made changes to their positions in the stock. Heritage Family Offices LLP purchased a new position in shares of AMN Healthcare Services in the third quarter valued at $37,000. Versant Capital Management Inc boosted its position in shares of AMN Healthcare Services by 41.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock worth $38,000 after buying an additional 345 shares in the last quarter. IFP Advisors Inc boosted its position in shares of AMN Healthcare Services by 849.6% in the 2nd quarter. IFP Advisors Inc now owns 1,282 shares of the company’s stock worth $41,000 after buying an additional 1,147 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of AMN Healthcare Services in the 2nd quarter worth about $49,000. Finally, Fulcrum Asset Management LLP acquired a new stake in AMN Healthcare Services in the 3rd quarter valued at about $56,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc is a healthcare workforce solutions and technology company that helps hospitals, health systems, medical practices and other healthcare organizations recruit, deploy and manage clinical and nonclinical personnel. The company operates through a portfolio of staffing, workforce management and language-services businesses.

Its services include temporary and permanent placement of registered nurses, allied healthcare professionals and physicians, as well as locum tenens staffing for doctors and advanced practice professionals.