AMN Healthcare Services (AMN) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for AMN Healthcare Services (NYSE: AMN):

• 11/13/2024 – AMN Healthcare Services had its price target lowered by analysts at Jefferies Financial Group Inc. from $41.00 to $27.00. They now have a “hold” rating on the stock.
• 11/11/2024 – AMN Healthcare Services had its price target lowered by analysts at BMO Capital Markets from $50.00 to $46.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – AMN Healthcare Services was downgraded by analysts at William Blair from an “outperform” rating to a “market perform” rating.
• 11/8/2024 – AMN Healthcare Services had its price target lowered by analysts at Truist Financial Co. from $50.00 to $47.00. They now have a “buy” rating on the stock.
• 10/22/2024 – AMN Healthcare Services had its price target lowered by analysts at JMP Securities from $66.00 to $57.00. They now have a “market outperform” rating on the stock.
• 10/21/2024 – AMN Healthcare Services had its price target lowered by analysts at Truist Financial Co. from $70.00 to $50.00. They now have a “buy” rating on the stock.
• 10/7/2024 – AMN Healthcare Services was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $48.00 price target on the stock, down previously from $65.00.
• 10/4/2024 – AMN Healthcare Services had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $66.00 price target on the stock.
• 10/2/2024 – AMN Healthcare Services had its “hold” rating reaffirmed by analysts at Benchmark Co..

AMN Healthcare Services Stock Up 3.4 %

AMN stock opened at $25.65 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. The company has a 50-day moving average of $38.36 and a two-hundred day moving average of $49.13. The stock has a market capitalization of $976.31 million, a price-to-earnings ratio of 18.58 and a beta of 0.13. AMN Healthcare Services, Inc. has a 52-week low of $23.37 and a 52-week high of $80.22.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The business had revenue of $687.51 million for the quarter, compared to the consensus estimate of $670.08 million. During the same period last year, the business earned $1.97 earnings per share. As a group, equities research analysts anticipate that AMN Healthcare Services, Inc. will post 3.09 EPS for the current year.

Insider Activity at AMN Healthcare Services

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total value of $90,810.90. Following the transaction, the chief financial officer now owns 37,550 shares of the company’s stock, valued at $1,385,595. This represents a 6.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.93% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Truvestments Capital LLC bought a new stake in AMN Healthcare Services during the 3rd quarter worth about $30,000. Mather Group LLC. bought a new stake in shares of AMN Healthcare Services during the 2nd quarter worth approximately $31,000. Nisa Investment Advisors LLC raised its stake in AMN Healthcare Services by 41.4% during the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock worth $38,000 after acquiring an additional 219 shares in the last quarter. GAMMA Investing LLC increased its position in AMN Healthcare Services by 232.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock worth $59,000 after purchasing an additional 811 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in AMN Healthcare Services by 455.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after acquiring an additional 1,224 shares during the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

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.