Brokerages expect AMN Healthcare Services Inc (NYSE:AMN) to report $0.63 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for AMN Healthcare Services’ earnings, with the highest EPS estimate coming in at $0.64 and the lowest estimate coming in at $0.62. AMN Healthcare Services reported earnings of $0.62 per share during the same quarter last year, which indicates a positive year over year growth rate of 1.6%. The business is scheduled to report its next quarterly earnings report on Thursday, February 15th.

According to Zacks, analysts expect that AMN Healthcare Services will report full-year earnings of $2.57 per share for the current fiscal year, with EPS estimates ranging from $2.55 to $2.58. For the next fiscal year, analysts forecast that the business will report earnings of $2.71 per share, with EPS estimates ranging from $2.67 to $2.74. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for AMN Healthcare Services.

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

Several research analysts recently commented on AMN shares. Credit Suisse Group assumed coverage on AMN Healthcare Services in a research note on Tuesday, November 7th. They issued an “outperform” rating and a $48.00 price objective for the company. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Robert W. Baird raised their target price on AMN Healthcare Services from $41.00 to $43.00 and gave the stock an “outperform” rating in a research note on Friday, November 3rd. Finally, Benchmark Co. reaffirmed a “buy” rating and issued a $52.00 target price (up from $47.00) on shares of AMN Healthcare Services in a research note on Wednesday, October 25th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $47.13.

In related news, Director Andrew M. Stern sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $42.89, for a total transaction of $428,900.00. Following the completion of the transaction, the director now directly owns 6,668 shares in the company, valued at approximately $285,990.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan R. Salka sold 74,456 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $41.86, for a total value of $3,116,728.16. Following the transaction, the insider now owns 256,561 shares of the company’s stock, valued at $10,739,643.46. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 91,362 shares of company stock valued at $3,863,304. Company insiders own 2.49% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. Acrospire Investment Management LLC boosted its stake in shares of AMN Healthcare Services by 13.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after buying an additional 300 shares during the period. Bank of Montreal Can purchased a new position in shares of AMN Healthcare Services in the 2nd quarter valued at about $105,000. Riverhead Capital Management LLC boosted its stake in shares of AMN Healthcare Services by 85.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after buying an additional 1,363 shares during the period. Creative Planning purchased a new position in shares of AMN Healthcare Services in the 2nd quarter valued at about $155,000. Finally, Jaffetilchin Investment Partners LLC purchased a new position in shares of AMN Healthcare Services in the 3rd quarter valued at about $217,000.

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AMN Healthcare Services (AMN) opened at $42.80 on Wednesday. AMN Healthcare Services has a 52 week low of $30.80 and a 52 week high of $46.60. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $2,106.76, a price-to-earnings ratio of 17.29 and a beta of 0.41.

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

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