Charles Schwab Investment Management Inc. Increases Stake in AMN Healthcare Services Inc $AMN

Key Points

• Charles Schwab Investment Management Inc. increased its stake in AMN Healthcare Services Inc by 1.9%, owning approximately 2.37% of the company valued at $22.1 million after acquiring an additional 17,064 shares.
• Analysts have revised their target prices for AMN Healthcare, with UBS lowering it to $25.50 while JMP Securities set a target of $22.00, amid mixed ratings including three "Buy" and one "Sell."
• AMN Healthcare reported earnings of $0.30 per share, exceeding analyst expectations, but noted a revenue decline of 11.1% year-over-year, and set a guidance of $1.33 EPS for the current fiscal year.

Charles Schwab Investment Management Inc. increased its stake in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 904,275 shares of the company's stock after acquiring an additional 17,064 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 2.37% of AMN Healthcare Services worth $22,119,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMN. Janney Montgomery Scott LLC boosted its position in shares of AMN Healthcare Services by 34.4% in the first quarter. Janney Montgomery Scott LLC now owns 15,145 shares of the company's stock valued at $370,000 after acquiring an additional 3,880 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of AMN Healthcare Services during the 1st quarter valued at $592,000. Golden State Wealth Management LLC boosted its holdings in shares of 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 valued at $28,000 after buying an additional 599 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in AMN Healthcare Services in the 1st quarter worth about $1,581,000. Finally, GAMMA Investing LLC boosted its stake in AMN Healthcare Services by 74.9% in the 1st quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock worth $129,000 after purchasing an additional 2,260 shares in the last quarter. Institutional investors own 99.23% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. UBS Group decreased their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. JMP Securities decreased their target price on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating for the company in a research report on Tuesday, August 12th. Finally, BMO Capital Markets decreased their target price on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a research report on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $28.25.

AMN Healthcare Services Stock Performance

AMN Healthcare Services stock traded down $0.17 during midday trading on Tuesday, hitting $20.53. The stock had a trading volume of 267,488 shares, compared to its average volume of 892,815. The firm's fifty day moving average is $20.03 and its two-hundred day moving average is $21.51. The company has a market capitalization of $786.52 million, a PE ratio of -2.64 and a beta of 0.10. AMN Healthcare Services Inc has a 52-week low of $14.86 and a 52-week high of $54.00. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its 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 company had revenue of $658.18 million during the quarter, compared to analyst estimates of $652.89 million. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. The firm's quarterly revenue was down 11.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.98 EPS. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, research analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

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.