Russell Investments Group Ltd. Raises Position in AMN Healthcare Services Inc $AMN

Key Points

• Russell Investments Group Ltd. increased its holdings in AMN Healthcare Services by 11.9%, acquiring an additional 22,578 shares, making its total ownership approximately 212,312 shares valued at $5.19 million.
• In its latest earnings report, AMN Healthcare Services posted $0.30 EPS, surpassing the consensus estimate of $0.17, but reported a revenue decline of 11.1% year-over-year.
• Several analysts have downgraded their price targets for AMN, with the current average target price at $28.25, reflecting a consensus rating of "Hold" among market analysts.

Russell Investments Group Ltd. boosted its position in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 11.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 212,312 shares of the company's stock after purchasing an additional 22,578 shares during the period. Russell Investments Group Ltd. owned 0.56% of AMN Healthcare Services worth $5,193,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Newtyn Management LLC acquired a new position in AMN Healthcare Services in the 4th quarter worth about $28,417,000. Charles Schwab Investment Management Inc. increased its stake in shares of AMN Healthcare Services by 1.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 904,275 shares of the company's stock valued at $22,119,000 after buying an additional 17,064 shares during the period. Reinhart Partners LLC. increased its stake in shares of AMN Healthcare Services by 44.4% in the first quarter. Reinhart Partners LLC. now owns 744,943 shares of the company's stock valued at $18,221,000 after buying an additional 229,002 shares during the period. Northern Trust Corp increased its stake in shares of AMN Healthcare Services by 30.0% in the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company's stock valued at $15,335,000 after buying an additional 148,116 shares during the period. Finally, New South Capital Management Inc. increased its stake in shares of AMN Healthcare Services by 13.0% in the first quarter. New South Capital Management Inc. now owns 579,400 shares of the company's stock valued at $14,172,000 after buying an additional 66,812 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. UBS Group cut their target price 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. JMP Securities cut 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 report on Tuesday, August 12th. Finally, BMO Capital Markets cut their target price 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. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $28.25.

AMN Healthcare Services Stock Down 1.1%

NYSE:AMN traded down $0.21 on Wednesday, hitting $20.14. The stock had a trading volume of 638,379 shares, compared to its average volume of 1,182,256. The business's fifty day moving average is $19.95 and its 200 day moving average is $21.49. The company has a market cap of $771.61 million, a PE ratio of -2.59 and a beta of 0.10. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services Inc has a 52 week low of $14.86 and a 52 week high of $54.00.

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, topping the consensus estimate of $0.17 by $0.13. The business 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 quarterly revenue was down 11.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.98 earnings per share. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that AMN Healthcare Services Inc will post 1.33 EPS 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.