AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to hospitals and 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, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions. The Physician and Leadership Solutions segment provides locum tenens staffing, healthcare interim leadership staffing, executive search, and physician permanent placement solutions. The Technology and Workforce Solutions segment offers language services, vendor management systems, workforce optimization, telehealth, credentialing, and outsourced solutions. The company also provides allied health professionals, such as physical therapists, respiratory therapists, occupational therapists, medical and radiology technologists, lab technicians, speech pathologists, rehabilitation assistants, and pharmacists. It offers its services under the brands, including American Mobile, Nursefinders, NurseChoice, HealthSource Global Staffing, Onward Healthcare, O'Grady Peyton International, Med Travelers, Club Staffing, Staff Care, B.E. Smith, and Merritt Hawkins, as well as AMN Revenue Cycle Solutions and AMN Language Services. The company was founded in 1985 and is based in Dallas, Texas.
AMN Healthcare Services Stock Up 0.8 %
Shares of AMN Healthcare Services stock traded up $0.95 during trading on Friday, hitting $114.31. The company's stock had a trading volume of 8,232 shares, compared to its average volume of 741,924. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.29 and a current ratio of 1.24. The company has a fifty day simple moving average of $110.23 and a two-hundred day simple moving average of $103.52. The company has a market capitalization of $4.95 billion, a PE ratio of 11.54, a P/E/G ratio of 3.24 and a beta of 0.26. AMN Healthcare Services has a 52 week low of $82.75 and a 52 week high of $129.12.
AMN Healthcare Services (NYSE:AMN - Get Rating) last issued its quarterly earnings results on Thursday, August 4th. The company reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.00 by $0.31. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. AMN Healthcare Services had a net margin of 8.81% and a return on equity of 49.78%. AMN Healthcare Services's quarterly revenue was up 66.4% compared to the same quarter last year. During the same period last year, the business earned $1.64 EPS. Equities research analysts predict that AMN Healthcare Services will post 11.16 earnings per share for the current year.
Wall Street Analysts Forecast Growth
AMN has been the subject of several research reports. Credit Suisse Group upped their price objective on shares of AMN Healthcare Services to $125.00 in a report on Tuesday. StockNews.com lowered shares of AMN Healthcare Services from a "strong-buy" rating to a "buy" rating in a report on Tuesday, August 2nd. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, AMN Healthcare Services has a consensus rating of "Buy" and a consensus price target of $138.40.
Insider Buying and Selling at AMN Healthcare Services
In other AMN Healthcare Services news, insider Mark Christopher Hagan sold 1,400 shares of the firm's stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $97.53, for a total transaction of $136,542.00. Following the completion of the sale, the insider now directly owns 13,345 shares in the company, valued at approximately $1,301,537.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.80% of the stock is owned by company insiders.