Weiss Ratings Reiterates "Sell (D-)" Rating for AMN Healthcare Services (NYSE:AMN)

Key Points

• Weiss Ratings has reaffirmed a "Sell (D-)" rating for AMN Healthcare Services (NYSE:AMN), indicating ongoing concerns about the company's performance.
• Recent price targets from analysts have decreased significantly, with JMP Securities lowering theirs from $33.00 to $22.00 and Bank of America from $20.00 to $18.00.
• AMN Healthcare reported earnings of $0.30 per share, beating expectations but still showing an 11.1% decline in revenue compared to the previous year.

AMN Healthcare Services (NYSE:AMN - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by equities research analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Other research analysts have also recently issued reports about the stock. JMP Securities reduced 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 report on Tuesday, August 12th. Bank of America dropped their price objective 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. Finally, BMO Capital Markets dropped their price objective 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. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $23.25.

AMN Healthcare Services Trading Down 0.3%

Shares of AMN Healthcare Services stock traded down $0.07 during mid-day trading on Wednesday, hitting $19.34. 109,943 shares of the stock were exchanged, compared to its average volume of 902,454. AMN Healthcare Services has a twelve month low of $14.86 and a twelve month high of $43.08. The company has a 50-day simple moving average of $19.15 and a 200 day simple moving average of $20.32. The stock has a market capitalization of $740.92 million, a price-to-earnings ratio of -2.49 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 announced its quarterly earnings results 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. The firm had revenue of $658.18 million for the quarter, compared to analysts' expectations of $652.89 million. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. AMN Healthcare Services's revenue was down 11.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.98 earnings per share. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Research analysts forecast that AMN Healthcare Services will post 1.33 EPS for the current year.

Hedge Funds Weigh In On AMN Healthcare Services

A number of large investors have recently made changes to their positions in AMN. Golden State Wealth Management LLC grew its stake in shares of AMN Healthcare Services by 107.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock valued at $28,000 after buying an additional 599 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of AMN Healthcare Services by 3,142.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company's stock worth $37,000 after buying an additional 1,477 shares during the last quarter. Caption Management LLC lifted its holdings in shares of AMN Healthcare Services by 400.0% during the first quarter. Caption Management LLC now owns 2,500 shares of the company's stock worth $61,000 after buying an additional 2,000 shares during the last quarter. Tower Research Capital LLC TRC raised its position in AMN Healthcare Services by 49.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company's stock worth $64,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Strs Ohio acquired a new position in AMN Healthcare Services during the first quarter worth $95,000. Institutional investors and hedge funds own 99.23% of the company's stock.

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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