AMN Healthcare Services Inc (NYSE:AMN) – Analysts at SunTrust Banks decreased their Q4 2017 earnings per share (EPS) estimates for shares of AMN Healthcare Services in a research report issued on Friday. SunTrust Banks analyst T. Sommer now forecasts that the company will post earnings of $0.62 per share for the quarter, down from their previous estimate of $0.68. SunTrust Banks also issued estimates for AMN Healthcare Services’ Q1 2018 earnings at $0.58 EPS, Q2 2018 earnings at $0.71 EPS, Q3 2018 earnings at $0.70 EPS, Q4 2018 earnings at $0.72 EPS and FY2018 earnings at $2.71 EPS.

A number of other brokerages also recently commented on AMN. Credit Suisse Group started coverage on AMN Healthcare Services in a report on Tuesday. They set an “outperform” rating and a $48.00 target price for the company. Robert W. Baird upped their target price on AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Benchmark Co. restated a “buy” rating and set a $52.00 target price (up previously from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. AMN Healthcare Services presently has an average rating of “Buy” and an average price target of $46.50.

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Shares of AMN Healthcare Services (NYSE:AMN) traded up $1.10 during mid-day trading on Monday, reaching $43.05. The company’s stock had a trading volume of 392,413 shares, compared to its average volume of 613,042. The company has a quick ratio of 1.66, a current ratio of 1.81 and a debt-to-equity ratio of 0.60. AMN Healthcare Services has a 12-month low of $26.00 and a 12-month high of $46.60. The company has a market capitalization of $2,060.00, a P/E ratio of 16.67 and a beta of 0.41.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The firm had revenue of $494.41 million during the quarter, compared to the consensus estimate of $493.89 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The business’s revenue was up 4.6% on a year-over-year basis.

A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. grew its stake in 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 purchasing an additional 32,397 shares during the period. Vanguard Group Inc. grew 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 acquiring an additional 36,632 shares during the last quarter. Dimensional Fund Advisors LP grew 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 acquiring an additional 23,596 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew 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 acquiring an additional 106,575 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of AMN Healthcare Services by 1.3% in the third quarter. Bank of New York Mellon Corp now owns 1,362,806 shares of the company’s stock worth $62,281,000 after acquiring an additional 17,777 shares during the last quarter.

In related news, insider Susan R. Salka sold 74,456 shares of the company’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $41.86, for a total value of $3,116,728.16. Following the sale, the insider now directly owns 256,561 shares of the company’s stock, valued at $10,739,643.46. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Ralph Henderson sold 6,906 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total value of $317,676.00. Following the completion of the sale, the insider now directly owns 31,772 shares in the company, valued at $1,461,512. The disclosure for this sale can be found here. 2.49% of the stock is owned by corporate insiders.

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.

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

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