Wealth Enhancement Advisory Services LLC acquired a new stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 24,210 shares of the company's stock, valued at approximately $592,000. Wealth Enhancement Advisory Services LLC owned 0.06% of AMN Healthcare Services at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. Proficio Capital Partners LLC bought a new stake in AMN Healthcare Services during the fourth quarter valued at approximately $264,000. Jones Financial Companies Lllp increased its position in AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock valued at $36,000 after purchasing an additional 377 shares during the period. Charles Schwab Investment Management Inc. increased its position in AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after purchasing an additional 217,643 shares during the period. Victory Capital Management Inc. grew its position in shares of AMN Healthcare Services by 145.9% in the 4th quarter. Victory Capital Management Inc. now owns 33,054 shares of the company's stock worth $791,000 after buying an additional 19,614 shares during the period. Finally, Raymond James Financial Inc. bought a new position in AMN Healthcare Services in the 4th quarter worth about $1,950,000. 99.23% of the stock is currently owned by institutional investors.
AMN Healthcare Services Stock Performance
Shares of AMN Healthcare Services stock opened at $21.92 on Friday. The firm has a market cap of $839.10 million, a P/E ratio of -5.06 and a beta of 0.18. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.39. AMN Healthcare Services Inc has a 12 month low of $17.45 and a 12 month high of $70.07. The stock's fifty day moving average price is $21.30 and its 200-day moving average price is $23.13.
AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 13.39% and a negative net margin of 5.80%. The business had revenue of $689.53 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter last year, the company earned $0.97 earnings per share. The company's quarterly revenue was down 16.0% on a year-over-year basis. On average, equities research analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have issued reports on AMN. Wall Street Zen upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, March 25th. Truist Financial lowered their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, UBS Group lowered their price target 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. One analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $32.08.
Check Out Our Latest Stock Report on AMN
About AMN Healthcare Services
(
Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider AMN Healthcare Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMN Healthcare Services wasn't on the list.
While AMN Healthcare Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
