AMN Healthcare Services Inc (NYSE:AMN) Short Interest Update

Key Points

• Short Interest Drop: AMN Healthcare Services experienced a significant decrease in short interest, dropping 28.4% in September to 2,370,000 shares, indicating a lower bearish sentiment among investors.
• Q2 Earnings Beat: The company reported a quarterly EPS of $0.30, surpassing analyst expectations of $0.17, although revenue declined by 11.1% year-over-year.
• Analyst Price Targets: Analysts have mixed views on AMN, with target prices ranging from $18.00 to $24.00, reflecting a general consensus rating of "Hold" and an average target of $23.08.

AMN Healthcare Services Inc (NYSE:AMN - Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 2,370,000 shares, a decrease of 28.4% from the September 15th total of 3,310,000 shares. Approximately 6.2% of the shares of the stock are short sold. Based on an average daily volume of 966,000 shares, the short-interest ratio is currently 2.5 days. Based on an average daily volume of 966,000 shares, the short-interest ratio is currently 2.5 days. Approximately 6.2% of the shares of the stock are short sold.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock traded down $0.58 during trading on Thursday, hitting $19.92. 542,815 shares of the stock traded hands, compared to its average volume of 888,895. 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 cap of $763.14 million, a price-to-earnings ratio of -2.56 and a beta of 0.15. The firm's fifty day moving average is $19.61 and its 200-day moving average is $20.07. AMN Healthcare Services has a 52 week low of $14.86 and a 52 week high of $42.41.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating the consensus estimate 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 company's revenue was down 11.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 EPS. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Research analysts expect that AMN Healthcare Services will post 1.33 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AMN shares. JMP Securities decreased their target price on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research note on Tuesday, August 12th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Bank of America lowered their price target 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 lowered their price target 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. Finally, Truist Financial raised their price target on AMN Healthcare Services from $20.00 to $24.00 and gave the company a "buy" rating in a report on Monday, October 13th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $23.08.

Hedge Funds Weigh In On AMN Healthcare Services

Several institutional investors have recently modified their holdings of AMN. Golden State Wealth Management LLC grew its position in 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 acquiring an additional 599 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its position in 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 acquiring an additional 1,477 shares during the last quarter. Caption Management LLC grew its position in 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 acquiring an additional 2,000 shares during the last quarter. Tower Research Capital LLC TRC grew its position in 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 acquiring an additional 1,020 shares during the last quarter. Finally, Strs Ohio bought a new position in AMN Healthcare Services during the 1st quarter worth approximately $95,000. 99.23% of the stock is currently 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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