AMN Healthcare Services, Inc. (NYSE:AMN) Receives Consensus Recommendation of "Hold" from Analysts

AMN Healthcare Services, Inc. (NYSE:AMN - Get Free Report) has earned a consensus recommendation of "Hold" from the eight analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $38.67.

Several research firms recently issued reports on AMN. JMP Securities reissued a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a research note on Thursday, February 6th. BMO Capital Markets decreased their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, Truist Financial reduced their target price on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th.

AMN Healthcare Services Trading Down 0.3 %

NYSE:AMN traded down $0.05 during trading hours on Friday, hitting $18.12. The company had a trading volume of 65,498 shares, compared to its average volume of 906,136. AMN Healthcare Services has a 1 year low of $17.45 and a 1 year high of $70.07. 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 company has a 50-day moving average of $23.09 and a 200 day moving average of $27.18. The company has a market cap of $691.98 million, a P/E ratio of -4.71 and a beta of -0.03.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.23. The firm had revenue of $734.71 million during the quarter, compared to analysts' expectations of $694.38 million. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. Sell-side analysts expect that AMN Healthcare Services will post 1.33 earnings per share for the current year.

Hedge Funds Weigh In On AMN Healthcare Services

Several large investors have recently bought and sold shares of the stock. Golden State Wealth Management LLC lifted its holdings in shares of AMN Healthcare Services by 107.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock valued at $28,000 after purchasing an additional 599 shares during the last quarter. Jones Financial Companies Lllp increased its position in AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock worth $36,000 after buying an additional 377 shares during the period. LRI Investments LLC lifted its stake in AMN Healthcare Services by 368.2% in the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after buying an additional 1,274 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after acquiring an additional 754 shares during the period. Finally, KBC Group NV grew its position in shares of AMN Healthcare Services by 110.9% during the fourth quarter. KBC Group NV now owns 2,478 shares of the company's stock worth $59,000 after acquiring an additional 1,303 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

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.