AMN Healthcare Services (NYSE:AMN)‘s stock had its “buy” rating reaffirmed by SunTrust Banks in a research report issued to clients and investors on Friday. They presently have a $58.00 price target on the stock. SunTrust Banks’ price objective suggests a potential upside of 15.65% from the company’s previous close.

Several other brokerages have also commented on AMN. Credit Suisse Group initiated coverage on shares of AMN Healthcare Services in a research note on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price target on the stock. Zacks Investment Research lowered shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. KeyCorp initiated coverage on shares of AMN Healthcare Services in a research note on Friday, November 17th. They set an “overweight” rating and a $50.00 price target on the stock. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Finally, Robert W. Baird lifted their price target on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the stock an “outperform” rating in a research note on Friday, November 3rd. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $50.11.

Shares of AMN Healthcare Services (AMN) traded up $1.15 during trading hours on Friday, reaching $50.15. 503,233 shares of the company traded hands, compared to its average volume of 443,274. AMN Healthcare Services has a 12-month low of $33.61 and a 12-month high of $51.75. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81. The firm has a market cap of $2,340.84, a price-to-earnings ratio of 19.22 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The firm had revenue of $494.41 million for the quarter, compared to analyst estimates of $493.89 million. During the same period last year, the business earned $0.62 EPS. AMN Healthcare Services’s revenue for the quarter was up 4.6% compared to the same quarter last year. research analysts anticipate that AMN Healthcare Services will post 2.56 EPS for the current fiscal year.

In other AMN Healthcare Services news, CFO Brian M. Scott sold 20,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $50.19, for a total transaction of $1,003,800.00. Following the transaction, the chief financial officer now directly owns 56,916 shares of the company’s stock, valued at approximately $2,856,614.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ralph Henderson sold 6,906 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total transaction of $317,676.00. Following the transaction, 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. Insiders have sold a total of 142,927 shares of company stock worth $6,426,230 over the last three months. 2.49% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of AMN. Acrospire Investment Management LLC boosted its holdings in shares of AMN Healthcare Services by 13.3% in the second quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after acquiring an additional 300 shares in the last quarter. FNY Partners Fund LP purchased a new stake in shares of AMN Healthcare Services in the first quarter valued at about $101,000. Meadow Creek Investment Management LLC purchased a new stake in shares of AMN Healthcare Services in the first quarter valued at about $104,000. Bank of Montreal Can purchased a new stake in shares of AMN Healthcare Services in the second quarter valued at about $105,000. Finally, Riverhead Capital Management LLC boosted its holdings in shares of AMN Healthcare Services by 85.2% in the second quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after acquiring an additional 1,363 shares in the last quarter.

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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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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