AMN Healthcare Services, Inc. (NYSE:AMN) insider Denise L. Jackson sold 773 shares of the stock in a transaction that occurred on Friday, July 12th. The shares were sold at an average price of $55.00, for a total value of $42,515.00. Following the completion of the sale, the insider now directly owns 20,152 shares of the company’s stock, valued at $1,108,360. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NYSE AMN opened at $55.15 on Friday. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.88. The business’s fifty day moving average is $52.80. AMN Healthcare Services, Inc. has a 1-year low of $45.04 and a 1-year high of $65.81. The firm has a market capitalization of $2.57 billion, a P/E ratio of 17.08, a PEG ratio of 1.48 and a beta of 0.87.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.06. AMN Healthcare Services had a return on equity of 24.75% and a net margin of 6.21%. The firm had revenue of $532.40 million during the quarter, compared to the consensus estimate of $525.24 million. During the same period last year, the company earned $0.81 earnings per share. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. On average, research analysts expect that AMN Healthcare Services, Inc. will post 2.99 EPS for the current year.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Icon Wealth Partners LLC acquired a new stake in AMN Healthcare Services in the first quarter valued at $26,000. Rehmann Capital Advisory Group lifted its holdings in AMN Healthcare Services by 64.0% in the first quarter. Rehmann Capital Advisory Group now owns 679 shares of the company’s stock valued at $32,000 after acquiring an additional 265 shares during the period. Financial Architects Inc acquired a new stake in AMN Healthcare Services in the first quarter valued at $32,000. Claybrook Capital LLC acquired a new stake in AMN Healthcare Services in the fourth quarter valued at $40,000. Finally, Quadrant Capital Group LLC lifted its holdings in AMN Healthcare Services by 205.4% in the first quarter. Quadrant Capital Group LLC now owns 739 shares of the company’s stock valued at $34,000 after acquiring an additional 497 shares during the period. 96.78% of the stock is owned by hedge funds and other institutional investors.
AMN has been the subject of several research analyst reports. Benchmark set a $66.00 price objective on AMN Healthcare Services and gave the company a “buy” rating in a report on Thursday, March 28th. BMO Capital Markets reaffirmed a “market perform” rating and set a C$36.00 price target on shares of NFI Group in a report on Tuesday, June 18th. Finally, ValuEngine raised Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Tuesday, April 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $65.88.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments under the Staff Care and Locum Leaders brands.
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