AMN Healthcare Services Inc (AMN) Director Sells $428,900.00 in Stock
AMN Healthcare Services Inc (NYSE:AMN) Director Andrew M. Stern sold 10,000 shares of the stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $42.89, for a total value of $428,900.00. Following the transaction, the director now directly owns 6,668 shares in the company, valued at approximately $285,990.52. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of AMN Healthcare Services Inc (AMN) traded up $0.80 during mid-day trading on Monday, reaching $43.85. The company had a trading volume of 397,800 shares, compared to its average volume of 567,308. AMN Healthcare Services Inc has a 12 month low of $28.95 and a 12 month high of $46.60. The company has a market capitalization of $2,094.82, a P/E ratio of 17.20 and a beta of 0.41. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81.
AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $494.41 million during the quarter, compared to analysts’ expectations of $493.89 million. During the same period last year, the business posted $0.62 earnings per share. The firm’s revenue was up 4.6% compared to the same quarter last year. sell-side analysts predict that AMN Healthcare Services Inc will post 2.57 EPS for the current fiscal year.
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AMN has been the topic of a number of recent research reports. Credit Suisse Group initiated coverage on AMN Healthcare Services in a research report on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price objective on the stock. BMO Capital Markets reaffirmed a “buy” rating and set a $48.00 price objective (up previously from $47.00) on shares of AMN Healthcare Services in a research report on Sunday. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Saturday, August 12th. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, Benchmark Co. reaffirmed a “buy” rating and set a $52.00 price objective (up previously from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday, October 25th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $47.13.
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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