AMN Healthcare Services, Inc. (AMN) Expected to Announce Earnings of $0.63 Per Share

Equities analysts expect that AMN Healthcare Services, Inc. (NYSE:AMN) will report $0.63 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have made estimates for AMN Healthcare Services’ earnings, with estimates ranging from $0.62 to $0.64. 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 firm is scheduled to announce its next quarterly earnings report after the market closes on Thursday, February 15th.

On average, analysts expect that AMN Healthcare Services will report full year earnings of $2.57 per share for the current year, with EPS estimates ranging from $2.55 to $2.58. For the next year, analysts expect that the company will report earnings of $2.87 per share, with EPS estimates ranging from $2.67 to $3.34. Zacks’ EPS averages are an average based on a survey of sell-side analysts that follow AMN Healthcare Services.

Several research analysts recently commented on AMN shares. BMO Capital Markets reissued a “buy” rating and issued a $54.00 price objective on shares of AMN Healthcare Services in a research note on Monday, January 22nd. Credit Suisse Group started 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. KeyCorp started coverage on AMN Healthcare Services in a research note on Friday, November 17th. They issued an “overweight” rating and a $50.00 price objective for the company. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, SunTrust Banks reissued a “buy” rating and issued a $58.00 price objective on shares of AMN Healthcare Services in a research note on Friday, December 8th. One analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. AMN Healthcare Services has an average rating of “Buy” and an average target price of $53.10.

AMN Healthcare Services (AMN) opened at $51.55 on Friday. AMN Healthcare Services has a 52 week low of $34.71 and a 52 week high of $55.65. 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 $2,380.00, a price-to-earnings ratio of 21.66 and a beta of 0.51.

In other AMN Healthcare Services news, Director Mark G. Foletta sold 2,500 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $47.03, for a total value of $117,575.00. Following the completion of the sale, the director now directly owns 3,525 shares of the company’s stock, valued at approximately $165,780.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Susan R. Salka sold 95,219 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $49.35, for a total value of $4,699,057.65. Following the completion of the sale, the insider now directly owns 222,168 shares of the company’s stock, valued at $10,963,990.80. The disclosure for this sale can be found here. Insiders sold a total of 169,588 shares of company stock valued at $8,492,501 over the last ninety days. Corporate insiders own 2.49% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the business. Suntrust Banks Inc. increased its stake in shares of AMN Healthcare Services by 3.1% in the 2nd quarter. Suntrust Banks Inc. now owns 9,353 shares of the company’s stock worth $364,000 after acquiring an additional 279 shares during the last quarter. 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. Louisiana State Employees Retirement System grew its holdings in shares of AMN Healthcare Services by 6.2% during the 4th quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the company’s stock worth $1,015,000 after purchasing an additional 1,200 shares during the period. Baltimore Washington Financial Advisors Inc. grew its holdings in shares of AMN Healthcare Services by 1.6% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 75,945 shares of the company’s stock worth $3,471,000 after purchasing an additional 1,220 shares during the period. Finally, Mckinley Capital Management LLC Delaware grew its holdings in shares of AMN Healthcare Services by 1.6% during the 3rd quarter. Mckinley Capital Management LLC Delaware now owns 127,400 shares of the company’s stock worth $5,822,000 after purchasing an additional 1,950 shares during the period.

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AMN Healthcare Services Company Profile

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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