Analysts predict that AMN Healthcare Services Inc (NYSE:AMN) will post sales of $501.56 million for the current quarter, according to Zacks. Four analysts have issued estimates for AMN Healthcare Services’ earnings, with estimates ranging from $500.82 million to $502.40 million. AMN Healthcare Services reported sales of $487.86 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 2.8%. The company is expected to announce its next earnings results on Thursday, February 15th.

According to Zacks, analysts expect that AMN Healthcare Services will report full-year sales of $501.56 million for the current year. For the next fiscal year, analysts anticipate that the company will report sales of $2.08 billion per share, with estimates ranging from $2.04 billion to $2.11 billion. Zacks’ sales calculations are an average based on a survey of analysts that follow AMN Healthcare Services.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly 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. 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 period last year, the company earned $0.62 earnings per share. The company’s revenue for the quarter was up 4.6% on a year-over-year basis.

Several equities research analysts recently weighed in on AMN shares. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Credit Suisse Group began coverage on AMN Healthcare Services in a report on Tuesday, November 7th. They issued an “outperform” rating and a $48.00 target price for the company. KeyCorp began coverage on AMN Healthcare Services in a report on Friday, November 17th. They issued an “overweight” rating and a $50.00 target price for the company. BMO Capital Markets reissued a “buy” rating and issued a $48.00 target price (up previously from $47.00) on shares of AMN Healthcare Services in a report on Sunday, November 12th. Finally, Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $48.38.

Shares of AMN Healthcare Services (AMN) opened at $50.60 on Tuesday. 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 has a fifty-two week low of $33.30 and a fifty-two week high of $51.75. The firm has a market capitalization of $2,369.51, a price-to-earnings ratio of 19.45 and a beta of 0.47.

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 transaction of $3,116,728.16. Following the completion of the transaction, the insider now directly owns 256,561 shares in the company, valued at approximately $10,739,643.46. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Ralph Henderson sold 6,906 shares of the business’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 transaction, the insider now owns 31,772 shares of the company’s stock, valued at approximately $1,461,512. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 139,134 shares of company stock worth $6,235,707. 2.49% of the stock is currently owned by corporate insiders.

Institutional investors have recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of AMN Healthcare Services by 0.6% during the second quarter. BlackRock Inc. now owns 5,679,926 shares of the company’s stock valued at $221,802,000 after purchasing an additional 32,397 shares during the last quarter. Vanguard Group Inc. raised its position in AMN Healthcare Services by 0.9% during the second quarter. Vanguard Group Inc. now owns 4,289,538 shares of the company’s stock valued at $167,507,000 after buying an additional 36,632 shares during the period. Dimensional Fund Advisors LP raised its position in AMN Healthcare Services by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,728,269 shares of the company’s stock valued at $78,981,000 after buying an additional 23,613 shares during the period. Bank of New York Mellon Corp raised its position in AMN Healthcare Services by 1.3% during the third quarter. Bank of New York Mellon Corp now owns 1,362,806 shares of the company’s stock valued at $62,281,000 after buying an additional 17,777 shares during the period. Finally, State Street Corp raised its position in AMN Healthcare Services by 4.8% during the second quarter. State Street Corp now owns 1,237,418 shares of the company’s stock valued at $48,321,000 after buying an additional 56,269 shares during the period.

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

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