AMN Healthcare Services (AMN) Set to Announce Earnings on Thursday

AMN Healthcare Services (NYSE:AMN - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.94 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $1.25 by $0.07. AMN Healthcare Services had a return on equity of 38.29% and a net margin of 5.56%. The business had revenue of $818.27 million during the quarter, compared to analyst estimates of $803.14 million. During the same quarter last year, the business posted $2.48 EPS. The company's revenue was down 27.3% on a year-over-year basis. On average, analysts expect AMN Healthcare Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

AMN Healthcare Services Price Performance

Shares of AMN Healthcare Services stock traded up $0.31 on Thursday, hitting $60.21. The company's stock had a trading volume of 820,974 shares, compared to its average volume of 765,928. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.28 and a current ratio of 1.28. AMN Healthcare Services has a 1 year low of $53.77 and a 1 year high of $112.44. The firm has a fifty day moving average price of $58.99 and a 200-day moving average price of $67.20. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 11.38 and a beta of 0.22.

Insider Transactions at AMN Healthcare Services

In other news, CEO Caroline Grace bought 17,500 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were bought at an average price of $56.68 per share, with a total value of $991,900.00. Following the completion of the transaction, the chief executive officer now directly owns 27,178 shares in the company, valued at $1,540,449.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Jorge A. Caballero bought 2,000 shares of the business's stock in a transaction on Wednesday, March 6th. The shares were bought at an average price of $56.80 per share, with a total value of $113,600.00. Following the completion of the transaction, the director now directly owns 2,437 shares in the company, valued at $138,421.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Caroline Grace bought 17,500 shares of the business's stock in a transaction on Tuesday, February 27th. The stock was purchased at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now owns 27,178 shares of the company's stock, valued at $1,540,449.04. The disclosure for this purchase can be found here. Insiders have purchased a total of 26,626 shares of company stock worth $1,516,899 in the last ninety days. Insiders own 0.93% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Benchmark restated a "hold" rating on shares of AMN Healthcare Services in a research note on Thursday. BMO Capital Markets cut their price target on AMN Healthcare Services from $85.00 to $83.00 and set an "outperform" rating for the company in a research note on Tuesday, February 20th. JMP Securities cut their price target on AMN Healthcare Services from $87.00 to $75.00 and set a "market outperform" rating for the company in a research note on Monday, February 26th. StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, April 23rd. Finally, Truist Financial lowered their price objective on AMN Healthcare Services from $88.00 to $70.00 and set a "buy" rating on the stock in a report on Monday, April 22nd. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, AMN Healthcare Services currently has an average rating of "Hold" and a consensus target price of $85.00.

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.