AMN Healthcare Services, Inc. (NYSE:AMN) Receives Consensus Rating of “Hold” from Analysts

Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $41.17.

Several equities analysts have recently weighed in on AMN shares. BMO Capital Markets cut their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. JMP Securities reiterated a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a report on Friday, November 8th. Jefferies Financial Group cut their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, November 13th. Finally, StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th.

AMN Healthcare Services Price Performance

AMN Healthcare Services stock opened at $26.17 on Friday. The firm has a market capitalization of $999.37 million, a P/E ratio of -6.80 and a beta of 0.07. AMN Healthcare Services has a 1 year low of $22.47 and a 1 year high of $70.07. The business has a 50-day moving average of $25.76 and a 200-day moving average of $33.31. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.23. The company had revenue of $734.71 million during the quarter, compared to analyst estimates of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. On average, equities analysts anticipate that AMN Healthcare Services will post 1.33 EPS for the current year.

Institutional Investors Weigh In On AMN Healthcare Services

Institutional investors and hedge funds have recently made changes to their positions in the stock. Versor Investments LP bought a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $818,000. Anthracite Investment Company Inc. bought a new stake in shares of AMN Healthcare Services during the 3rd quarter worth approximately $1,696,000. Harbor Capital Advisors Inc. raised its stake in shares of AMN Healthcare Services by 285.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 79,458 shares of the company’s stock worth $1,901,000 after purchasing an additional 58,830 shares in the last quarter. Equitable Trust Co. raised its stake in shares of AMN Healthcare Services by 125.4% during the 4th quarter. Equitable Trust Co. now owns 21,526 shares of the company’s stock worth $515,000 after purchasing an additional 11,974 shares in the last quarter. Finally, Thompson Investment Management Inc. increased its holdings in shares of AMN Healthcare Services by 381.8% during the 4th quarter. Thompson Investment Management Inc. now owns 296,630 shares of the company’s stock worth $7,095,000 after acquiring an additional 235,067 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Company Profile

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.