AMN Healthcare Services' (AMN) "Sell (D-)" Rating Reaffirmed at Weiss Ratings

Key Points

• AMN Healthcare Services' stock has been reaffirmed with a "Sell (D-)" rating by Weiss Ratings, indicating ongoing concerns about its performance.
• Analysts have varied opinions on the stock, with price targets ranging from a low of $18.00 to a high of $24.00, and a consensus rating of "Hold" with an average target of $23.08.
• The company's recent earnings report showed a revenue decline of 11.1% year-over-year, despite beating earnings per share estimates for the quarter.

AMN Healthcare Services (NYSE:AMN - Get Free Report)'s stock had its "sell (d-)" rating restated by Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Other equities research analysts also recently issued research reports about the company. Bank of America cut their price objective on AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating on the stock in a report on Wednesday, September 10th. BMO Capital Markets cut their price objective on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, August 11th. Truist Financial raised their price objective on AMN Healthcare Services from $20.00 to $24.00 and gave the company a "buy" rating in a report on Monday, October 13th. Finally, JMP Securities cut their price objective on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a report on Tuesday, August 12th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $23.08.

AMN Healthcare Services Price Performance

Shares of AMN traded up $1.22 during midday trading on Friday, hitting $21.18. The company's stock had a trading volume of 432,709 shares, compared to its average volume of 886,479. AMN Healthcare Services has a one year low of $14.86 and a one year high of $42.41. The company's fifty day simple moving average is $19.63 and its two-hundred day simple moving average is $20.07. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. The stock has a market capitalization of $811.82 million, a price-to-earnings ratio of -2.73 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.13. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The company had revenue of $658.18 million for the quarter, compared to the consensus estimate of $652.89 million. During the same quarter last year, the business posted $0.98 EPS. AMN Healthcare Services's revenue for the quarter was down 11.1% on a year-over-year basis. AMN Healthcare Services has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that AMN Healthcare Services will post 1.33 earnings per share for the current fiscal year.

Institutional Trading of AMN Healthcare Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tributary Capital Management LLC increased its position in AMN Healthcare Services by 91.3% in the 3rd quarter. Tributary Capital Management LLC now owns 831,910 shares of the company's stock valued at $16,106,000 after buying an additional 397,086 shares in the last quarter. SG Americas Securities LLC bought a new stake in AMN Healthcare Services during the 3rd quarter worth approximately $979,000. Thompson Investment Management Inc. increased its holdings in AMN Healthcare Services by 10.0% during the 3rd quarter. Thompson Investment Management Inc. now owns 356,534 shares of the company's stock worth $6,903,000 after purchasing an additional 32,307 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in AMN Healthcare Services by 62.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 30,223 shares of the company's stock worth $585,000 after purchasing an additional 11,615 shares in the last quarter. Finally, Matauro LLC bought a new stake in AMN Healthcare Services during the 3rd quarter worth approximately $1,135,000. 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.

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