AMN Healthcare Services (NYSE:AMN) Price Target Raised to $24.00

AMN Healthcare Services (NYSE:AMN) had its target price hoisted by research analysts at Citizens Jmp from $22.00 to $24.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s target price suggests a potential upside of 26.72% from the company’s current price.

Other research analysts have also issued research reports about the company. JMP Securities lowered their price target on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Tuesday, August 12th. Bank of America lowered their price objective on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating on the stock in a research note on Wednesday, September 10th. BMO Capital Markets reduced their price target on AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating for the company in a report on Monday, August 11th. Zacks Research cut AMN Healthcare Services from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, AMN Healthcare Services has an average rating of “Hold” and a consensus price target of $23.21.

AMN Healthcare Services Stock Up 2.8%

Shares of AMN stock traded up $0.51 on Friday, hitting $18.94. 1,284,944 shares of the stock were exchanged, compared to its average volume of 890,587. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services has a fifty-two week low of $14.86 and a fifty-two week high of $36.52. The business has a 50-day moving average of $19.64 and a 200 day moving average of $20.12. The firm has a market capitalization of $725.82 million, a P/E ratio of -2.42 and a beta of 0.19.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.20. The company had revenue of $634.50 million during the quarter, compared to analysts’ expectations of $618.08 million. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.AMN Healthcare Services’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.61 EPS. AMN Healthcare Services has set its Q4 2025 guidance at EPS. Equities analysts anticipate that AMN Healthcare Services will post 1.33 EPS for the current year.

Institutional Trading of AMN Healthcare Services

Several large investors have recently bought and sold shares of AMN. Millennium Management LLC raised its stake in AMN Healthcare Services by 137.5% during the first quarter. Millennium Management LLC now owns 1,097,482 shares of the company’s stock worth $26,844,000 after acquiring an additional 635,296 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of AMN Healthcare Services by 307.2% in the second quarter. Federated Hermes Inc. now owns 651,409 shares of the company’s stock valued at $13,465,000 after buying an additional 491,454 shares during the period. CenterBook Partners LP grew its position in AMN Healthcare Services by 321.4% during the second quarter. CenterBook Partners LP now owns 639,863 shares of the company’s stock valued at $13,226,000 after acquiring an additional 488,029 shares during the last quarter. Pacer Advisors Inc. bought a new stake in AMN Healthcare Services in the 1st quarter worth approximately $11,831,000. Finally, McElhenny Sheffield Capital Management LLC bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $8,227,000. 99.23% of the stock is owned by institutional investors and hedge funds.

About AMN Healthcare Services

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.