AMN Healthcare Services Inc (AMN) Receives Average Rating of “Buy” from Analysts
Shares of AMN Healthcare Services Inc (NYSE:AMN) have been assigned an average recommendation of “Buy” from the ten research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $48.00.
A number of equities analysts have commented on AMN shares. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Credit Suisse Group started coverage on shares of AMN Healthcare Services in a research note on Tuesday, November 7th. They issued an “outperform” rating and a $48.00 target price on the stock. KeyCorp started coverage on shares of AMN Healthcare Services in a research note on Friday, November 17th. They issued an “overweight” rating and a $50.00 target price on the stock. BMO Capital Markets restated a “buy” rating and issued a $48.00 target price (up from $47.00) on shares of AMN Healthcare Services in a research note on Sunday, November 12th. Finally, Zacks Investment Research cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th.
In other AMN Healthcare Services news, Director Andrew M. Stern sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $42.89, for a total transaction of $428,900.00. Following the transaction, the director now 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 available at the SEC website. Also, Director Mark G. Foletta sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $47.03, for a total transaction of $117,575.00. Following the transaction, the director now owns 3,525 shares in the company, valued at approximately $165,780.75. The disclosure for this sale can be found here. Insiders sold a total of 93,862 shares of company stock valued at $3,980,879 in the last ninety days. Corporate insiders own 2.49% of the company’s stock.
AMN Healthcare Services (NYSE:AMN) opened at $50.20 on Friday. The company has a market cap of $2,293.07, a PE ratio of 18.82 and a beta of 0.41. AMN Healthcare Services has a fifty-two week low of $32.95 and a fifty-two week high of $51.75. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.60.
AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.03. The business had revenue of $494.41 million for the quarter, compared to the consensus estimate of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 EPS. equities analysts predict that AMN Healthcare Services will post 2.56 earnings per share for the current fiscal year.
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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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