Shares of AMN Healthcare Services, Inc. (NYSE: AMN) have received an average “Buy” rating from the eleven research companies that currently cover the stock, reports MarketBeat Ratings. One equity research analyst rated the stock with a sell rating and nine gave the company a buy rating. The 12-month average price target among brokerage firms that issued stock ratings in the past year is $ 83.00.
AMN has been the subject of a number of research analyst reports. Financial group Jefferies reissued a “buy” note on shares of AMN Healthcare Services in a research report on Friday, April 9. BMO Capital Markets raised its price target for AMN Healthcare Services shares from $ 86.00 to $ 95 and rated the stock as “outperforming” in a research report on Monday, May 10. Truist raised its price target for the AMN Healthcare Services stock from $ 102.00 to $ 112.00 and gave the stock a “buy” rating in a research report on Friday, June 18. Finally, Truist Securities raised its price target on the AMN Healthcare Services stock from $ 102.00 to $ 112.00 and gave the stock a “buy” rating in a Friday 18 research report. June.
In other AMN Healthcare Services news, principal Martha H. Marsh sold 10,015 shares of AMN Healthcare Services in a transaction that took place on Tuesday, May 11. The shares were sold at an average price of $ 92.26, for a total trade of $ 923,983.90. As a result of the transaction, the Director now owns 21,901 shares of the company, valued at approximately $ 2,020,586.26. The transaction has been disclosed in a legal file with the SEC, which is available through this link. Additionally, CFO Brian M. Scott sold 10,000 shares of AMN Healthcare Services in a trade that took place on Tuesday, May 11. The stock was sold at an average price of $ 92.13, for a total trade of $ 921,300.00. As a result of the transaction, the CFO now directly owns 42,851 shares of the company, valued at approximately $ 3,947,862.63. Disclosure of this sale can be found here. In the past ninety days, insiders have sold 35,830 shares of the company valued at $ 3,312,075. 0.98% of the shares are held by insiders.
Several institutional investors have recently bought and sold shares in the company. UBS Asset Management Americas Inc. increased its position in AMN Healthcare Services shares by 0.3% in the first quarter. UBS Asset Management Americas Inc. now owns 56,218 shares of the company valued at $ 4,143,000 after purchasing an additional 144 shares in the last quarter. Coe Capital Management LLC increased its stake in AMN Healthcare Services shares by 1.7% during the 1st quarter. Coe Capital Management LLC now owns 10,457 shares of the company valued at $ 771,000 after purchasing 175 additional shares in the last quarter. Dumont & Blake Investment Advisors LLC increased its stake in AMN Healthcare Services shares by 1.4% during the 1st quarter. Dumont & Blake Investment Advisors LLC now owns 14,890 shares of the company valued at $ 1,097,000 after purchasing an additional 200 shares in the last quarter. GWM Advisors LLC increased its stake in AMN Healthcare Services shares by 3.7% during the 1st quarter. GWM Advisors LLC now owns 6,172 shares of the company valued at $ 455,000 after purchasing an additional 219 shares in the last quarter. Finally, Profund Advisors LLC increased its stake in the shares of AMN Healthcare Services by 4.3% during the first quarter. Profund Advisors LLC now owns 5,381 shares of the company valued at $ 397,000 after purchasing an additional 224 shares in the last quarter. 92.50% of the shares are currently held by hedge funds and other institutional investors.
AMN Health Services actions traded at $ 0.38 during Friday trading hours, reaching $ 95.74. 239,648 shares of the company were traded, against an average volume of 268,965. The company has a leverage ratio of 1.00, a current ratio of 1.39 and a rapid ratio of 1.39. The 50-day moving average share price is $ 93.67. AMN Healthcare Services has a twelve month minimum of $ 46.92 and a twelve month maximum of $ 99.48. The company has a market cap of $ 4.52 billion, a price / earnings ratio of 35.72, a PEG ratio of 2.89 and a beta of 0.40.
AMN Healthcare Services (NYSE: AMN) last released its quarterly earnings data on Thursday, May 6. The company reported earnings per share (EPS) of $ 1.70 for the quarter, beating the Zacks consensus estimate of $ 1.37 by $ 0.33. The company posted revenue of $ 885.90 million for the quarter, against analysts’ expectations of $ 810.32 million. AMN Healthcare Services has a net margin of 4.78% and a return on equity of 25.19%. The company’s revenue increased 47.0% year-on-year. In the same quarter of the previous year, the company achieved EPS of $ 0.79. On average, research analysts expect AMN Healthcare Services to have an EPS of 5.06 for the current fiscal year.
About AMN Health Services
AMN Healthcare Services, Inc provides healthcare personnel solutions and staffing services to hospitals and healthcare facilities in the United States. The company operates in three segments: Solutions for Nurses and Nurses, Solutions for Physicians and Leadership, and Solutions for Technology and Workforce. It offers travel nurses under the American Mobile, Onward Healthcare and O’Grady Peyton brands; rapid response nursing and sick leave services under the NurseChoice and HealthSource Global Staffing brands; local or per diem staffing services under the Nursefinders brand; and back-up staffing services under the Staff Care and Locum Leaders brands.
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