AMN Healthcare Services, Inc. (NYSE:AMN) has been given an average rating of “Buy” by the eleven analysts that are covering the firm, MarketBeat reports. Eleven equities research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $57.60.
Several analysts have recently commented on the company. BMO Capital Markets raised their price target on AMN Healthcare Services to $59.00 and gave the company an “outperform” rating in a report on Friday, February 16th. KeyCorp reissued a “buy” rating and issued a $56.00 price target on shares of AMN Healthcare Services in a report on Thursday, December 7th. Zacks Investment Research raised AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $63.00 price target for the company in a report on Wednesday, February 21st. Lake Street Capital reissued a “buy” rating and issued a $61.00 price target (up from $50.00) on shares of AMN Healthcare Services in a report on Friday, February 16th. Finally, ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.
Shares of AMN Healthcare Services (NYSE AMN) opened at $58.50 on Friday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $2,797.54, a P/E ratio of 21.75 and a beta of 0.47. AMN Healthcare Services has a 1-year low of $34.71 and a 1-year high of $59.55.
AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.63 EPS for the quarter, meeting the consensus estimate of $0.63. The business had revenue of $509.10 million during the quarter, compared to analysts’ expectations of $501.64 million. AMN Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the firm earned $0.62 EPS. sell-side analysts anticipate that AMN Healthcare Services will post 3.25 earnings per share for the current fiscal year.
In related news, CFO Brian M. Scott sold 6,366 shares of AMN Healthcare Services stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $55.15, for a total transaction of $351,084.90. Following the completion of the transaction, the chief financial officer now directly owns 62,987 shares of the company’s stock, valued at $3,473,733.05. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Susan R. Salka sold 95,219 shares of AMN Healthcare Services stock in a transaction on Friday, January 12th. The stock was sold at an average price of $49.35, for a total value of $4,699,057.65. Following the transaction, the insider now directly owns 222,168 shares of the company’s stock, valued at $10,963,990.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 131,835 shares of company stock valued at $6,701,558. 2.49% of the stock is currently owned by insiders.
A number of hedge funds have recently modified their holdings of AMN. Victory Capital Management Inc. raised its holdings in AMN Healthcare Services by 29.2% during the fourth quarter. Victory Capital Management Inc. now owns 1,021,463 shares of the company’s stock worth $50,307,000 after purchasing an additional 231,101 shares during the last quarter. Kestrel Investment Management Corp acquired a new position in AMN Healthcare Services during the third quarter worth $9,897,000. BlackRock Inc. raised its holdings in AMN Healthcare Services by 3.0% during the fourth quarter. BlackRock Inc. now owns 5,934,876 shares of the company’s stock worth $292,292,000 after purchasing an additional 174,113 shares during the last quarter. Fort L.P. acquired a new position in AMN Healthcare Services during the third quarter worth $7,413,000. Finally, Wells Fargo & Company MN raised its holdings in AMN Healthcare Services by 23.2% during the third quarter. Wells Fargo & Company MN now owns 849,157 shares of the company’s stock worth $38,807,000 after purchasing an additional 159,777 shares during the last quarter.
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About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.
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