Thompson Investment Management Inc. Grows Position in AMN Healthcare Services Inc $AMN

Key Points

• Thompson Investment Management Inc. increased its position in AMN Healthcare Services by 5.0%, acquiring an additional 15,420 shares for a total of 324,227 shares valued at approximately $6.7 million.
• AMN Healthcare reported a quarterly earnings per share of $0.30, surpassing estimates, but experienced an 11.1% decline in revenue year-over-year.
• Analysts have lowered price targets for AMN Healthcare, with Bank of America setting a target of $18.00 and a consensus rating of "Hold" across several research reports.

Thompson Investment Management Inc. increased its position in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 5.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 324,227 shares of the company's stock after buying an additional 15,420 shares during the period. Thompson Investment Management Inc. owned about 0.85% of AMN Healthcare Services worth $6,702,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in AMN. Golden State Wealth Management LLC increased its stake in AMN Healthcare Services by 107.0% in the first quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock valued at $28,000 after purchasing an additional 599 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in AMN Healthcare Services by 3,142.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company's stock valued at $37,000 after purchasing an additional 1,477 shares during the last quarter. Caption Management LLC increased its stake in AMN Healthcare Services by 400.0% in the first quarter. Caption Management LLC now owns 2,500 shares of the company's stock valued at $61,000 after purchasing an additional 2,000 shares during the last quarter. Strs Ohio purchased a new position in AMN Healthcare Services in the first quarter valued at approximately $95,000. Finally, Covestor Ltd increased its stake in AMN Healthcare Services by 59.6% in the first quarter. Covestor Ltd now owns 4,650 shares of the company's stock valued at $114,000 after purchasing an additional 1,736 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Performance

NYSE:AMN opened at $18.94 on Friday. The firm's fifty day moving average price is $19.17 and its 200 day moving average price is $20.27. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $43.08. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $725.78 million, a price-to-earnings ratio of -2.44 and a beta of 0.15.

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 analysts' consensus estimates 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 firm had revenue of $658.18 million for the quarter, compared to analyst estimates of $652.89 million. During the same period last year, the firm posted $0.98 EPS. AMN Healthcare Services's quarterly revenue was down 11.1% on a year-over-year basis. 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.

Analysts Set New Price Targets

AMN has been the topic of several recent analyst reports. Bank of America dropped their price target on shares of AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating on the stock in a research note on Wednesday, September 10th. BMO Capital Markets dropped their price target on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, August 11th. JMP Securities dropped their price target on shares of AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research note on Tuesday, August 12th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of AMN Healthcare Services in a research report on Wednesday. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price 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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