AMN Healthcare Services Inc $AMN Shares Sold by Invesco Ltd.

Key Points

• Invesco Ltd. reduced its stake in AMN Healthcare Services by 10.3% in the first quarter, selling 40,043 shares, and now owns 0.91% of the company valued at $8.53 million.
• AMN Healthcare reported a 30 cents EPS for the last quarter, exceeding analysts’ expectations, but noted a 11.1% revenue decline year-over-year despite total revenues of $658.18 million.
• Analysts have recently adjusted their price targets for AMN, with BMO Capital Markets lowering its target from $27 to $22 while maintaining an "outperform" rating.

Invesco Ltd. lowered its position in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 10.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 348,521 shares of the company's stock after selling 40,043 shares during the quarter. Invesco Ltd. owned about 0.91% of AMN Healthcare Services worth $8,525,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Newtyn Management LLC purchased a new position in AMN Healthcare Services during the 4th quarter valued at about $28,417,000. Charles Schwab Investment Management Inc. boosted its stake in AMN Healthcare Services by 1.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 904,275 shares of the company's stock worth $22,119,000 after purchasing an additional 17,064 shares in the last quarter. Reinhart Partners LLC. boosted its stake in AMN Healthcare Services by 44.4% in the 1st quarter. Reinhart Partners LLC. now owns 744,943 shares of the company's stock worth $18,221,000 after purchasing an additional 229,002 shares in the last quarter. Northern Trust Corp boosted its stake in AMN Healthcare Services by 30.0% in the 4th quarter. Northern Trust Corp now owns 641,106 shares of the company's stock worth $15,335,000 after purchasing an additional 148,116 shares in the last quarter. Finally, New South Capital Management Inc. lifted its stake in AMN Healthcare Services by 13.0% during the 1st quarter. New South Capital Management Inc. now owns 579,400 shares of the company's stock valued at $14,172,000 after acquiring an additional 66,812 shares during the period. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Up 3.6%

AMN Healthcare Services stock traded up $0.72 during mid-day trading on Friday, hitting $20.77. The company had a trading volume of 1,062,903 shares, compared to its average volume of 1,166,227. The stock has a market cap of $796.07 million, a price-to-earnings ratio of -2.67 and a beta of 0.10. AMN Healthcare Services Inc has a 1 year low of $14.86 and a 1 year high of $54.00. 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 business has a fifty day moving average of $19.88 and a 200 day moving average of $21.44.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.13. The business had revenue of $658.18 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period 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, sell-side analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on AMN shares. JMP Securities decreased their price objective 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. UBS Group dropped their target price on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Finally, BMO Capital Markets dropped their target price on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $28.25.

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.