AMN Healthcare Services Inc (NYSE:AMN) – Research analysts at SunTrust Banks cut their Q3 2017 earnings estimates for AMN Healthcare Services in a note issued to investors on Friday. SunTrust Banks analyst T. Sommer now expects that the company will post earnings per share of $0.58 for the quarter, down from their previous estimate of $0.63. SunTrust Banks also issued estimates for AMN Healthcare Services’ FY2017 earnings at $2.55 EPS, Q2 2018 earnings at $0.67 EPS and Q3 2018 earnings at $0.71 EPS.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.07. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The business had revenue of $489.80 million for the quarter, compared to the consensus estimate of $489.79 million. During the same period last year, the firm earned $0.61 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis.

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Several other research firms also recently commented on AMN. Wells Fargo & Company initiated coverage on shares of AMN Healthcare Services in a report on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 price objective on the stock. Zacks Investment Research raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Finally, ValuEngine downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. AMN Healthcare Services currently has a consensus rating of “Buy” and a consensus target price of $45.50.

AMN Healthcare Services (NYSE:AMN) opened at 35.95 on Monday. The company has a market capitalization of $1.72 billion, a P/E ratio of 15.84 and a beta of 0.56. AMN Healthcare Services has a 52-week low of $26.00 and a 52-week high of $44.99. The firm has a 50-day moving average of $37.33 and a 200 day moving average of $38.61.

Several institutional investors have recently bought and sold shares of the stock. FNY Partners Fund LP bought a new position in AMN Healthcare Services during the first quarter worth $101,000. Meadow Creek Investment Management LLC bought a new position in AMN Healthcare Services during the first quarter worth $104,000. Bank of Montreal Can bought a new position in AMN Healthcare Services during the second quarter worth $105,000. SG Americas Securities LLC bought a new position in AMN Healthcare Services during the first quarter worth $117,000. Finally, Creative Planning bought a new position in AMN Healthcare Services during the second quarter worth $155,000. Hedge funds and other institutional investors own 99.95% of the company’s stock.

In related news, Director Mark G. Foletta sold 1,500 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $36.71, for a total value of $55,065.00. Following the completion of the transaction, the director now directly owns 6,025 shares in the company, valued at approximately $221,177.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.49% of the company’s stock.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

Earnings History and Estimates for AMN Healthcare Services (NYSE:AMN)

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