AMN Healthcare Services (NYSE:AMN) Stock Price Crosses Below 50-Day Moving Average – Should You Sell?

Shares of AMN Healthcare Services Inc (NYSE:AMN) passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $38.19 and traded as low as $35.53. AMN Healthcare Services shares last traded at $35.7530, with a volume of 1,855,562 shares changing hands.

Key Stories Impacting AMN Healthcare Services

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

• Positive Sentiment: Q3 results beat estimates: Adjusted EPS was $1.16 versus consensus of about $0.23, and revenue of $717.3 million exceeded the $649.6 million estimate. Revenue rose 13% year over year. AMN Healthcare Q3 results
• Positive Sentiment: Revenue guidance topped consensus: AMN forecast fourth-quarter 2026 revenue of $655 million–$670 million, above analysts’ $651.7 million estimate. Q3 results and outlook
• Positive Sentiment: Analyst turned more bullish: Citizens JMP raised its AMN price target from $40 to $51 and maintained a “market outperform” rating. Citizens JMP rating

Wall Street Analyst Weigh In

AMN has been the subject of several research analyst reports. BMO Capital Markets increased their price objective on shares of AMN Healthcare Services from $40.00 to $43.00 and gave the company an “outperform” rating in a research report on Friday, October 9th. Bank of America reissued an “underperform” rating on shares of AMN Healthcare Services in a research note on Friday. Citigroup restated an “outperform” rating on shares of AMN Healthcare Services in a research note on Friday, August 14th. Robert W. Baird set a $36.00 target price on AMN Healthcare Services in a research report on Friday, August 7th. Finally, Citizens Jmp raised their price objective on AMN Healthcare Services from $40.00 to $51.00 and gave the company a “market outperform” rating in a research note on Friday. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.33.

AMN Healthcare Services Price 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 company has a market cap of $1.38 billion, a PE ratio of 13.00, a PEG ratio of 1.57 and a beta of 0.42. The stock’s 50-day moving average is $38.19 and its 200 day moving average is $29.07.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, November 5th. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.93. The firm had revenue of $717.27 million for the quarter, compared to analysts’ expectations of $649.55 million. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 earnings per share. On average, equities analysts anticipate that AMN Healthcare Services Inc will post 3.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AMN. BlackRock Inc. purchased a new position in shares of AMN Healthcare Services during the second quarter valued at approximately $215,047,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of AMN Healthcare Services by 1,278.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,401,725 shares of the company’s stock valued at $25,708,000 after purchasing an additional 1,300,005 shares during the last quarter. Bank of America Corp DE acquired a new stake in AMN Healthcare Services during the 2nd quarter worth about $16,726,000. Renaissance Technologies LLC increased its stake in AMN Healthcare Services by 50.7% during the first quarter. Renaissance Technologies LLC now owns 1,376,341 shares of the company’s stock valued at $25,242,000 after acquiring an additional 463,100 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in AMN Healthcare Services in the second quarter valued at approximately $7,958,000. 99.23% of the stock is owned by institutional investors.

About AMN Healthcare Services

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.