Hsbc Holdings PLC Purchases Shares of 15,714 AMN Healthcare Services Inc $AMN

Key Points

• HSBC Holdings PLC acquired 15,714 shares of AMN Healthcare Services Inc, valued at approximately $381,000, during the first quarter of the year.
• AMN Healthcare Services reported earnings of $0.30 per share, exceeding analyst estimates, although the company saw an 11.1% decline in revenue year-over-year.
• Wall Street analysts have adjusted their price targets for AMN Healthcare Services, with the average price target set at $28.25, reflecting a mixed sentiment with ratings ranging from Buy to Sell.

Hsbc Holdings PLC acquired a new stake in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,714 shares of the company's stock, valued at approximately $381,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC lifted its holdings 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 valued at $28,000 after buying an additional 599 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings 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 valued at $37,000 after buying an additional 1,477 shares in the last quarter. LRI Investments LLC lifted its holdings in AMN Healthcare Services by 368.2% during the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after buying an additional 1,274 shares in the last quarter. Covestor Ltd lifted its holdings in AMN Healthcare Services by 59.6% during the 1st quarter. Covestor Ltd now owns 4,650 shares of the company's stock valued at $114,000 after buying an additional 1,736 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in AMN Healthcare Services by 74.9% during the 1st quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock valued at $129,000 after buying an additional 2,260 shares in the last quarter. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Up 2.6%

Shares of NYSE AMN traded up $0.53 during trading hours on Friday, hitting $20.76. 873,658 shares of the stock were exchanged, compared to its average volume of 984,323. 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 company has a market cap of $795.64 million, a PE ratio of -2.67 and a beta of 0.11. The firm has a fifty day moving average price of $19.81 and a 200-day moving average price of $21.28. AMN Healthcare Services Inc has a 12 month low of $14.86 and a 12 month high of $52.51.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.17 by $0.13. The firm 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%. AMN Healthcare Services's revenue was down 11.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.98 EPS. 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 EPS for the current year.

Wall Street Analysts Forecast Growth

AMN has been the subject of several recent research reports. UBS Group reduced their price target 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. BMO Capital Markets reduced 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 report on Monday, August 11th. Finally, JMP Securities reduced 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 report on Tuesday, August 12th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, AMN Healthcare Services has a consensus 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.