AMN Healthcare Services, Inc. (NYSE:AMN) Given Consensus Rating of "Hold" by Analysts

AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) has earned an average rating of "Hold" from the eight ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $32.08.

Several brokerages have recently issued reports on AMN. StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. BMO Capital Markets lowered their price target on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. UBS Group lowered their price target on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Truist Financial lowered their price target on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th.

Institutional Trading of AMN Healthcare Services

A number of hedge funds have recently bought and sold shares of AMN. Barclays PLC increased its position in AMN Healthcare Services by 279.2% during the third quarter. Barclays PLC now owns 91,801 shares of the company's stock valued at $3,891,000 after acquiring an additional 67,595 shares during the last quarter. Principal Financial Group Inc. increased its holdings in AMN Healthcare Services by 3.5% during the third quarter. Principal Financial Group Inc. now owns 226,304 shares of the company's stock valued at $9,593,000 after buying an additional 7,628 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in AMN Healthcare Services by 55.1% during the third quarter. JPMorgan Chase & Co. now owns 150,065 shares of the company's stock valued at $6,361,000 after buying an additional 53,317 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in AMN Healthcare Services by 91.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 12,814 shares of the company's stock valued at $307,000 after buying an additional 6,106 shares during the last quarter. Finally, Tributary Capital Management LLC increased its holdings in AMN Healthcare Services by 40.9% during the fourth quarter. Tributary Capital Management LLC now owns 328,085 shares of the company's stock valued at $7,848,000 after buying an additional 95,204 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Up 2.2%

AMN Healthcare Services stock traded up $0.49 during mid-day trading on Thursday, hitting $22.91. The company had a trading volume of 687,487 shares, compared to its average volume of 917,305. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The stock's 50 day moving average price is $21.33 and its two-hundred day moving average price is $24.62. AMN Healthcare Services has a 12 month low of $17.45 and a 12 month high of $70.07. The company has a market capitalization of $877.11 million, a PE ratio of -5.95 and a beta of 0.16.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.26. The firm had revenue of $689.53 million for the quarter, compared to the consensus estimate of $670.08 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The business's revenue was down 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.97 earnings per share. As a group, sell-side analysts anticipate that AMN Healthcare Services will post 1.33 earnings per share 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.