What is William Blair’s Forecast for AMN Q4 Earnings?

AMN Healthcare Services, Inc. (NYSE:AMN) – Equities researchers at William Blair dropped their Q4 2024 earnings per share estimates for shares of AMN Healthcare Services in a research report issued to clients and investors on Friday, November 8th. William Blair analyst T. Romeo now anticipates that the company will post earnings per share of $0.48 for the quarter, down from their previous estimate of $0.61. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $3.13 per share.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.35% and a net margin of 1.73%. The firm had revenue of $687.51 million during the quarter, compared to analysts’ expectations of $670.08 million. During the same period in the previous year, the business posted $1.97 EPS.

AMN has been the subject of a number of other research reports. UBS Group lowered their target price on shares of AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Bank of America cut AMN Healthcare Services from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $65.00 to $48.00 in a research note on Monday, October 7th. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 2nd. StockNews.com lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Finally, JMP Securities lowered their price target on AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating for the company in a research note on Tuesday, October 22nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $52.60.

AMN Healthcare Services Stock Down 4.3 %

Shares of NYSE:AMN opened at $27.80 on Monday. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 20.15 and a beta of 0.13. The company has a 50 day moving average of $42.13 and a 200-day moving average of $50.96. AMN Healthcare Services has a one year low of $26.77 and a one year high of $80.22.

Insider Buying and Selling at AMN Healthcare Services

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction that occurred on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the sale, the chief financial officer now directly owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.93% of the company’s stock.

Hedge Funds Weigh In On AMN Healthcare Services

Several hedge funds have recently made changes to their positions in the business. Vaughan Nelson Investment Management L.P. acquired a new position in AMN Healthcare Services during the second quarter worth $45,481,000. New South Capital Management Inc. boosted its stake in shares of AMN Healthcare Services by 24.6% during the 2nd quarter. New South Capital Management Inc. now owns 563,147 shares of the company’s stock worth $28,850,000 after buying an additional 111,302 shares during the last quarter. Quadrature Capital Ltd grew its holdings in shares of AMN Healthcare Services by 366.6% in the 1st quarter. Quadrature Capital Ltd now owns 23,246 shares of the company’s stock valued at $1,455,000 after acquiring an additional 18,264 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of AMN Healthcare Services in the first quarter valued at about $878,000. Finally, Connors Investor Services Inc. increased its position in shares of AMN Healthcare Services by 88.0% in the first quarter. Connors Investor Services Inc. now owns 47,966 shares of the company’s stock valued at $2,998,000 after acquiring an additional 22,447 shares during the last quarter. 99.23% of the stock is owned by institutional investors.

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.