AMN Healthcare Services (NYSE:AMN)‘s stock had its “buy” rating reiterated by BMO Capital Markets in a note issued to investors on Monday. They currently have a $54.00 price objective on the stock. BMO Capital Markets’ price target would indicate a potential upside of 5.88% from the stock’s previous close.
Several other research analysts also recently weighed in on AMN. ValuEngine raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Zacks Investment Research upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a report on Tuesday, October 3rd. Benchmark restated a “buy” rating and issued a $52.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. Robert W. Baird lifted their price target on AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a report on Friday, November 3rd. Finally, 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 price target for the company. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $51.67.
Shares of AMN Healthcare Services (AMN) traded up $0.35 during mid-day trading on Monday, reaching $51.00. 414,539 shares of the company traded hands, compared to its average volume of 384,232. AMN Healthcare Services has a 12-month low of $33.61 and a 12-month high of $51.75. The firm has a market cap of $2,450.00, a P/E ratio of 21.43 and a beta of 0.47. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.60.
In other news, insider Susan R. Salka sold 74,456 shares of the business’s stock in a transaction dated 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 sale, the insider now owns 256,561 shares in the company, valued at approximately $10,739,643.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrew M. Stern sold 10,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $42.89, for a total value of $428,900.00. Following the sale, the director now owns 6,668 shares of the company’s stock, valued at approximately $285,990.52. The disclosure for this sale can be found here. Insiders sold a total of 231,240 shares of company stock valued at $10,807,611 in the last 90 days. 2.49% of the stock is owned by company insiders.
Several large investors have recently modified their holdings of AMN. Riverhead Capital Management LLC grew its holdings in shares of AMN Healthcare Services by 85.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock worth $116,000 after purchasing an additional 1,363 shares during the period. Creative Planning purchased a new stake in shares of AMN Healthcare Services during the 4th quarter worth about $209,000. Jaffetilchin Investment Partners LLC purchased a new stake in shares of AMN Healthcare Services during the 3rd quarter worth about $217,000. Pinebridge Investments L.P. grew its holdings in shares of AMN Healthcare Services by 1.4% during the 2nd quarter. Pinebridge Investments L.P. now owns 6,312 shares of the company’s stock worth $246,000 after purchasing an additional 87 shares during the period. Finally, Amalgamated Bank grew its holdings in shares of AMN Healthcare Services by 4.5% during the 2nd quarter. Amalgamated Bank now owns 6,547 shares of the company’s stock worth $256,000 after purchasing an additional 284 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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