Zacks Research Has Bearish Forecast for AMN FY2027 Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Investment analysts at Zacks Research decreased their FY2027 earnings per share estimates for shares of AMN Healthcare Services in a research note issued to investors on Wednesday, April 22nd. Zacks Research analyst Team now anticipates that the company will earn $1.33 per share for the year, down from their previous estimate of $1.34. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $1.93 per share.

Several other analysts also recently issued reports on AMN. Citizens Jmp increased their price target on AMN Healthcare Services from $22.00 to $24.00 and gave the company a “market outperform” rating in a report on Monday, February 23rd. Robert W. Baird increased their price target on AMN Healthcare Services from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Citigroup reiterated an “outperform” rating on shares of AMN Healthcare Services in a report on Monday, February 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, January 21st. Finally, UBS Group increased their price target on AMN Healthcare Services from $19.00 to $19.50 and gave the company a “neutral” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $22.64.

AMN Healthcare Services Stock Up 0.3%

Shares of NYSE AMN opened at $20.88 on Thursday. AMN Healthcare Services has a 12-month low of $14.86 and a 12-month high of $23.74. The company has a market cap of $806.96 million, a P/E ratio of -8.39, a P/E/G ratio of 0.86 and a beta of 0.25. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.19. The stock has a fifty day moving average price of $19.09 and a 200 day moving average price of $18.40.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. AMN Healthcare Services had a positive return on equity of 8.05% and a negative net margin of 3.51%.The firm had revenue of $748.23 million during the quarter, compared to the consensus estimate of $723.11 million. During the same period in the prior year, the firm earned $0.75 EPS. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year.

Hedge Funds Weigh In On AMN Healthcare Services

Large investors have recently modified their holdings of the stock. Summit Securities Group LLC bought a new position in shares of AMN Healthcare Services during the fourth quarter worth about $32,000. Strengthening Families & Communities LLC lifted its position in shares of AMN Healthcare Services by 238.5% during the third quarter. Strengthening Families & Communities LLC now owns 1,713 shares of the company’s stock worth $33,000 after purchasing an additional 1,207 shares during the last quarter. China Universal Asset Management Co. Ltd. lifted its position in shares of AMN Healthcare Services by 200.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock worth $47,000 after purchasing an additional 2,000 shares during the last quarter. Johnson Financial Group Inc. bought a new position in shares of AMN Healthcare Services during the third quarter worth about $63,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock worth $64,000 after purchasing an additional 1,020 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.