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

AMN Healthcare Services, Inc. (NYSE:AMN) has been given an average rating of “Hold” by the eight research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to 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 analysts have issued reports on the stock. JMP Securities reaffirmed a “market outperform” rating and issued a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. BMO Capital Markets cut their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. Truist Financial decreased their price objective on shares of AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a report on Friday, February 21st. Finally, StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of AMN Healthcare Services in the 4th quarter valued at approximately $500,000. Public Employees Retirement System of Ohio bought a new stake in AMN Healthcare Services during the 4th quarter valued at approximately $1,609,000. PharVision Advisers LLC acquired a new stake in AMN Healthcare Services in the 4th quarter valued at approximately $570,000. White Knight Strategic Wealth Advisors LLC lifted its holdings in shares of AMN Healthcare Services by 60.9% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 25,650 shares of the company’s stock worth $614,000 after buying an additional 9,710 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new stake in shares of AMN Healthcare Services in the fourth quarter valued at approximately $12,685,000. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 2.2 %

AMN opened at $23.94 on Wednesday. The company has a market cap of $914.24 million, a P/E ratio of -6.22 and a beta of 0.15. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.18 and a current ratio of 1.09. AMN Healthcare Services has a one year low of $22.47 and a one year high of $70.07. The business’s 50-day simple moving average is $25.71 and its 200-day simple moving average is $30.55.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The company had revenue of $734.71 million during the quarter, compared to the consensus estimate of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. As a group, equities research analysts expect that AMN Healthcare Services will post 1.33 EPS for the current fiscal year.

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.