Public Sector Pension Investment Board Grows Stake in AMN Healthcare Services Inc $AMN

Key Points

• The Public Sector Pension Investment Board increased its stake in AMN Healthcare Services Inc by 26.9%, owning 120,737 shares after purchasing an additional 25,579 shares.
• AMN Healthcare Services reported earnings per share (EPS) of $0.30, surpassing estimates of $0.17, but experienced a 11.1% decline in revenue compared to the previous year.
• Recent analyst ratings show a consensus "Hold" rating for AMN, with target prices reduced by several firms, the average being $28.25.

Public Sector Pension Investment Board grew its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 26.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 120,737 shares of the company's stock after acquiring an additional 25,579 shares during the quarter. Public Sector Pension Investment Board owned about 0.32% of AMN Healthcare Services worth $2,953,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AMN. Newtyn Management LLC bought a new stake in AMN Healthcare Services in the 4th quarter worth approximately $28,417,000. Voloridge Investment Management LLC bought a new stake in AMN Healthcare Services in the 4th quarter worth approximately $12,685,000. Pacer Advisors Inc. bought a new stake in AMN Healthcare Services in the 1st quarter worth approximately $11,831,000. Two Sigma Investments LP lifted its position in AMN Healthcare Services by 228.8% in the 4th quarter. Two Sigma Investments LP now owns 532,694 shares of the company's stock worth $12,742,000 after buying an additional 370,691 shares during the last quarter. Finally, Invenomic Capital Management LP lifted its position in AMN Healthcare Services by 406.3% in the 4th quarter. Invenomic Capital Management LP now owns 401,807 shares of the company's stock worth $9,611,000 after buying an additional 322,445 shares during the last quarter. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Stock Down 0.3%

AMN traded down $0.06 during trading on Monday, reaching $20.69. The stock had a trading volume of 846,291 shares, compared to its average volume of 1,150,480. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $792.84 million, a price-to-earnings ratio of -2.66 and a beta of 0.10. The stock's 50 day moving average is $20.03 and its two-hundred day moving average is $21.51. AMN Healthcare Services Inc has a one year low of $14.86 and a one year high of $54.01.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued 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. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. The company had revenue of $658.18 million during the quarter, compared to analyst estimates of $652.89 million. During the same period last year, the business earned $0.98 EPS. AMN Healthcare Services's quarterly revenue was down 11.1% compared to the same quarter last year. AMN Healthcare Services has set its Q3 2025 guidance at EPS. As a group, analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

Analyst Ratings Changes

AMN has been the subject of a number of recent research reports. BMO Capital Markets dropped 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. UBS Group lowered their price objective 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. Finally, JMP Securities lowered their price objective 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. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.