McElhenny Sheffield Capital Management LLC Invests $8.23 Million in AMN Healthcare Services Inc $AMN

Key Points

• McElhenny Sheffield Capital Management LLC has invested approximately $8.23 million in AMN Healthcare Services, acquiring 398,000 shares and holding 1.04% of the company.
• AMN Healthcare Services has recently reported a 12-month revenue decline of 11.1%, posting $658.18 million for the quarter with an EPS of $0.30, exceeding analysts' expectations.
• Analysts have adjusted their price targets for AMN, with Bank of America lowering it from $20.00 to $18.00, while BMO Capital Markets reduced their target from $27.00 to $22.00.

McElhenny Sheffield Capital Management LLC bought a new position in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 398,000 shares of the company's stock, valued at approximately $8,227,000. McElhenny Sheffield Capital Management LLC owned 1.04% of AMN Healthcare Services at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AMN. GAMMA Investing LLC boosted its stake in AMN Healthcare Services by 4,177.7% in the 1st quarter. GAMMA Investing LLC now owns 129,100 shares of the company's stock valued at $3,158,000 after purchasing an additional 126,082 shares during the period. Yousif Capital Management LLC raised its holdings in AMN Healthcare Services by 11.1% in the 1st quarter. Yousif Capital Management LLC now owns 16,493 shares of the company's stock valued at $403,000 after acquiring an additional 1,646 shares in the last quarter. SG Americas Securities LLC raised its holdings in AMN Healthcare Services by 165.6% in the 1st quarter. SG Americas Securities LLC now owns 41,565 shares of the company's stock valued at $1,017,000 after acquiring an additional 25,918 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in AMN Healthcare Services by 377.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 198,550 shares of the company's stock valued at $4,857,000 after acquiring an additional 156,945 shares in the last quarter. Finally, Thompson Investment Management Inc. raised its holdings in AMN Healthcare Services by 4.1% in the 1st quarter. Thompson Investment Management Inc. now owns 308,807 shares of the company's stock valued at $7,553,000 after acquiring an additional 12,177 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Trading Down 0.6%

NYSE AMN opened at $19.28 on Thursday. The business's 50-day moving average price is $19.16 and its two-hundred day moving average price is $20.31. AMN Healthcare Services Inc has a 12 month low of $14.86 and a 12 month high of $43.08. The firm has a market capitalization of $738.89 million, a PE ratio of -2.48 and a beta of 0.15. 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 quarterly earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.13. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The firm had revenue of $658.18 million for the quarter, compared to analyst estimates of $652.89 million. During the same quarter in the previous year, the company posted $0.98 EPS. The business's revenue was down 11.1% on a year-over-year basis. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, analysts expect that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on AMN. Bank of America dropped their price objective on AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating for the company in a report on Wednesday, September 10th. Weiss Ratings reissued a "sell (d-)" rating on shares of AMN Healthcare Services in a report on Wednesday. JMP Securities lowered their price target on 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. Finally, BMO Capital Markets lowered their price target on 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 research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, AMN Healthcare Services presently has a consensus rating of "Hold" and a consensus price target of $23.25.

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.

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