AMN Healthcare Services Inc (NYSE:AMN) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other equities research analysts also recently commented on AMN. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Wells Fargo & Company assumed coverage on shares of AMN Healthcare Services in a research report on Tuesday, June 27th. They set an “outperform” rating and a $45.00 target price for the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. AMN Healthcare Services currently has an average rating of “Buy” and an average price target of $45.50.

AMN Healthcare Services (AMN) traded down 1.22% during midday trading on Friday, reaching $36.50. The company had a trading volume of 537,174 shares. The stock’s 50 day moving average is $37.44 and its 200 day moving average is $38.56. The company has a market capitalization of $1.75 billion, a PE ratio of 15.40 and a beta of 0.56. AMN Healthcare Services has a one year low of $26.00 and a one year high of $43.85.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The company had revenue of $489.80 million during the quarter, compared to the consensus estimate of $489.79 million. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.61 earnings per share. Equities research analysts forecast that AMN Healthcare Services will post $3.12 earnings per share for the current fiscal year.

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In other AMN Healthcare Services news, Director Mark G. Foletta sold 1,500 shares of the company’s stock in a transaction dated 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 sale, the director now directly owns 6,025 shares of the company’s stock, valued at approximately $221,177.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.49% of the company’s stock.

Large investors have recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of AMN Healthcare Services by 0.6% in the second quarter. BlackRock Inc. now owns 5,679,926 shares of the company’s stock worth $221,802,000 after buying an additional 32,397 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of AMN Healthcare Services by 0.9% in the second quarter. Vanguard Group Inc. now owns 4,289,538 shares of the company’s stock worth $167,507,000 after buying an additional 36,632 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of AMN Healthcare Services by 1.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,704,656 shares of the company’s stock worth $66,567,000 after buying an additional 23,596 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of AMN Healthcare Services by 7.7% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,484,650 shares of the company’s stock worth $57,975,000 after buying an additional 106,575 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of AMN Healthcare Services by 3.7% in the second quarter. Bank of New York Mellon Corp now owns 1,345,029 shares of the company’s stock worth $52,523,000 after buying an additional 48,161 shares during the last quarter. 99.95% of the stock is owned by institutional investors and hedge funds.

About AMN Healthcare Services

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.

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Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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