AMN Healthcare Services Inc (NYSE:AMN) Receives $28.25 Consensus PT from Brokerages

Key Points

• AMN Healthcare Services has received a consensus recommendation of "Hold" from eight analysts, with price targets ranging from $22.00 to $28.25.
• The company reported a quarterly EPS of $0.30, exceeding analyst estimates, but experienced an 11.1% year-over-year revenue decline.
• Institutional investors hold 99.23% of AMN Healthcare Services, with significant increases in stakes from multiple entities in the second quarter.

AMN Healthcare Services Inc (NYSE:AMN - Get Free Report) has earned an average rating of "Hold" from the eight research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $28.25.

A number of equities research analysts have recently weighed in on AMN shares. 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 research report on Monday, August 11th. 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 research report on Tuesday, August 12th. Finally, UBS Group cut their price objective on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th.

AMN Healthcare Services Trading Down 0.4%

Shares of AMN stock traded down $0.08 during trading hours on Friday, reaching $20.04. The company's stock had a trading volume of 458,496 shares, compared to its average volume of 1,182,619. The stock has a market capitalization of $767.74 million, a P/E ratio of -2.58 and a beta of 0.10. AMN Healthcare Services has a one year low of $14.86 and a one year high of $54.00. The firm's fifty day simple moving average is $19.91 and its 200 day simple moving average is $21.46. 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 issued its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.13. The firm had revenue of $658.18 million for the quarter, compared to analyst estimates of $652.89 million. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The business's quarterly revenue was down 11.1% compared to the same quarter last year. During the same period last year, the company earned $0.98 EPS. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Equities research analysts expect that AMN Healthcare Services will post 1.33 EPS for the current year.

Institutional Trading of AMN Healthcare Services

Hedge funds have recently modified their holdings of the business. LPL Financial LLC grew its position in shares of AMN Healthcare Services by 10.1% in the 4th quarter. LPL Financial LLC now owns 22,542 shares of the company's stock worth $539,000 after buying an additional 2,075 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of AMN Healthcare Services in the 4th quarter worth about $1,950,000. Barclays PLC grew its position in shares of AMN Healthcare Services by 114.2% in the 4th quarter. Barclays PLC now owns 196,639 shares of the company's stock worth $4,704,000 after buying an additional 104,838 shares during the period. Mariner LLC grew its position in shares of AMN Healthcare Services by 150.2% in the 4th quarter. Mariner LLC now owns 27,562 shares of the company's stock worth $659,000 after buying an additional 16,544 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of AMN Healthcare Services in the 4th quarter worth about $483,000. Institutional investors own 99.23% of the company's stock.

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.