AMN Healthcare Services (AMN) to Release Earnings on Thursday

AMN Healthcare Services (NYSE:AMN) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.94 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.07. AMN Healthcare Services had a return on equity of 38.29% and a net margin of 5.56%. The business had revenue of $818.27 million for the quarter, compared to analysts’ expectations of $803.14 million. During the same period in the previous year, the business posted $2.48 earnings per share. AMN Healthcare Services’s quarterly revenue was down 27.3% on a year-over-year basis. On average, analysts expect AMN Healthcare Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

AMN Healthcare Services Trading Up 0.5 %

Shares of AMN Healthcare Services stock opened at $60.20 on Wednesday. AMN Healthcare Services has a 52-week low of $53.77 and a 52-week high of $112.44. The firm has a market capitalization of $2.28 billion, a PE ratio of 11.38 and a beta of 0.22. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.28 and a quick ratio of 1.28. The company’s fifty day moving average price is $59.34 and its two-hundred day moving average price is $66.77.

Insider Transactions at AMN Healthcare Services

In other news, Director Jorge A. Caballero acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average price of $56.80 per share, for a total transaction of $113,600.00. Following the completion of the acquisition, the director now owns 2,437 shares in the company, valued at $138,421.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Caroline Grace purchased 17,500 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were purchased at an average price of $56.68 per share, with a total value of $991,900.00. Following the completion of the purchase, the chief executive officer now owns 27,178 shares in the company, valued at approximately $1,540,449.04. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jorge A. Caballero acquired 2,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were bought at an average cost of $56.80 per share, with a total value of $113,600.00. Following the transaction, the director now directly owns 2,437 shares of the company’s stock, valued at $138,421.60. The disclosure for this purchase can be found here. Insiders have purchased 26,626 shares of company stock worth $1,516,899 in the last three months. Insiders own 0.93% of the company’s stock.

Analyst Upgrades and Downgrades

AMN has been the topic of several analyst reports. BMO Capital Markets lowered their price objective on AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 20th. StockNews.com upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, April 23rd. JMP Securities reduced their target price on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating on the stock in a research note on Monday, February 26th. Truist Financial dropped their target price on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Finally, Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a research report on Thursday, May 2nd. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $82.86.

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.