AMN Healthcare Services (NYSE:AMN) Price Target Raised to $24.00

AMN Healthcare Services (NYSE:AMN) had its price target increased by Truist Financial from $20.00 to $24.00 in a research report released on Monday, Marketbeat reports. They currently have a buy rating on the stock.

A number of other analysts have also recently weighed in on AMN. JMP Securities lowered their price target on shares of AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a report on Tuesday, August 12th. BMO Capital Markets lowered their target price on shares of AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating for the company in a research note on Monday, August 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Finally, 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. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $23.08.

AMN Healthcare Services Trading Down 0.8%

Shares of NYSE:AMN opened at $20.52 on Monday. The company has a market capitalization of $786.13 million, a PE ratio of -2.64 and a beta of 0.15. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services has a 12-month low of $14.86 and a 12-month high of $43.08. The business’s fifty day simple moving average is $19.34 and its 200-day simple moving average is $20.16.

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

Institutional Investors Weigh In On AMN Healthcare Services

A number of large investors have recently made changes to their positions in the stock. Exchange Traded Concepts LLC increased its position in shares of AMN Healthcare Services by 62.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 30,223 shares of the company’s stock valued at $585,000 after acquiring an additional 11,615 shares during the period. Matauro LLC purchased a new stake in AMN Healthcare Services during the 3rd quarter valued at about $1,135,000. Assenagon Asset Management S.A. increased its holdings in shares of AMN Healthcare Services by 39.7% in the third quarter. Assenagon Asset Management S.A. now owns 32,373 shares of the company’s stock valued at $627,000 after purchasing an additional 9,198 shares during the period. Osaic Holdings Inc. raised its stake in shares of AMN Healthcare Services by 55.9% in the second quarter. Osaic Holdings Inc. now owns 5,527 shares of the company’s stock worth $114,000 after purchasing an additional 1,981 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its stake in shares of AMN Healthcare Services by 6.1% in the second quarter. Orion Porfolio Solutions LLC now owns 29,339 shares of the company’s stock worth $606,000 after purchasing an additional 1,679 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

About AMN Healthcare Services

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.