AMN Healthcare Services Inc (NYSE:AMN) Receives $23.25 Average PT from Analysts

Key Points

• AMN Healthcare Services Inc has received a consensus recommendation of "Hold" from eight analysts, with one sell, four hold, and three buy ratings.
• The average price target set by brokerages for AMN stock is $23.25, with recent adjustments including a decrease by Bank of America to $18.00.
• For the last quarter, AMN reported earnings per share of $0.30, exceeding expectations, but faced a revenue decline of 11.1% compared to the previous year.

Shares of AMN Healthcare Services Inc (NYSE:AMN - Get Free Report) have been assigned an average rating of "Hold" from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $23.25.

A number of equities analysts have recently issued reports on AMN shares. JMP Securities dropped their price objective on shares of AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating for the company in a research note on Tuesday, August 12th. Bank of America dropped their price objective on shares of AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating for the company in a research note on Wednesday, September 10th. Finally, BMO Capital Markets dropped their price objective on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a research note on Monday, August 11th.

Institutional Investors Weigh In On AMN Healthcare Services

A number of hedge funds have recently made changes to their positions in AMN. Golden State Wealth Management LLC increased its position in shares of AMN Healthcare Services by 107.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock worth $28,000 after purchasing an additional 599 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of AMN Healthcare Services by 3,142.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company's stock worth $37,000 after purchasing an additional 1,477 shares in the last quarter. Caption Management LLC increased its position in shares of AMN Healthcare Services by 400.0% during the 1st quarter. Caption Management LLC now owns 2,500 shares of the company's stock worth $61,000 after purchasing an additional 2,000 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company's stock worth $64,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Strs Ohio acquired a new stake in shares of AMN Healthcare Services during the 1st quarter worth about $95,000. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

NYSE:AMN traded down $0.53 during trading hours on Wednesday, hitting $18.73. 1,681,228 shares of the company traded hands, compared to its average volume of 973,340. The stock has a market capitalization of $717.73 million, a price-to-earnings ratio of -2.41 and a beta of 0.12. AMN Healthcare Services has a twelve month low of $14.86 and a twelve month high of $46.87. The firm has a 50-day moving average of $19.31 and a 200 day moving average of $20.88. 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 (NYSE:AMN - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.17 by $0.13. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. The firm had revenue of $658.18 million during the quarter, compared to analysts' expectations of $652.89 million. During the same period in the prior year, the company earned $0.98 EPS. The business's quarterly revenue was down 11.1% compared to the same quarter last year. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, analysts forecast that AMN Healthcare Services will post 1.33 EPS for the current year.

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.