125,082 Shares in AMN Healthcare Services Inc $AMN Bought by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds LLC has purchased 125,082 shares of AMN Healthcare Services, making it the fund's 18th largest holding valued at approximately $2,585,000.
• Analysts have downgraded AMN's stock price targets, with JMP Securities reducing it from $33.00 to $22.00, reflecting a generally cautious outlook on the company.
• AMN Healthcare Services reported $0.30 earnings per share for the last quarter, exceeding expectations, but experienced an 11.1% decline in year-over-year revenue.

Counterpoint Mutual Funds LLC bought a new position in AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 125,082 shares of the company's stock, valued at approximately $2,585,000. AMN Healthcare Services makes up 0.2% of Counterpoint Mutual Funds LLC's portfolio, making the stock its 18th largest holding. Counterpoint Mutual Funds LLC owned about 0.33% of AMN Healthcare Services as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC grew its position in AMN Healthcare Services by 107.0% in the first 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 in the last quarter. Caitong International Asset Management Co. Ltd grew its position in AMN Healthcare Services by 3,142.6% in the first 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 in the last quarter. Caption Management LLC lifted its stake in AMN Healthcare Services by 400.0% in the first quarter. Caption Management LLC now owns 2,500 shares of the company's stock worth $61,000 after purchasing an additional 2,000 shares during the last quarter. Strs Ohio bought a new stake in AMN Healthcare Services in the first quarter worth $95,000. Finally, Covestor Ltd lifted its stake in AMN Healthcare Services by 59.6% in the first quarter. Covestor Ltd now owns 4,650 shares of the company's stock worth $114,000 after purchasing an additional 1,736 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AMN. JMP Securities lowered their price target 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 lowered their price target 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 lowered their price target 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. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $23.25.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $19.11 on Tuesday. AMN Healthcare Services Inc has a 1 year low of $14.86 and a 1 year high of $46.87. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 1.00. The company's 50-day moving average is $19.28 and its 200 day moving average is $20.75. The stock has a market capitalization of $732.30 million, a P/E ratio of -2.46 and a beta of 0.11.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.30 earnings per share (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 company had revenue of $658.18 million for the quarter, compared to analysts' expectations of $652.89 million. During the same quarter in the previous year, the company earned $0.98 earnings per share. AMN Healthcare Services's quarterly revenue was down 11.1% on a year-over-year basis. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

AMN Healthcare Services 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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