AMN Healthcare Services, Inc. (AMN) Receives Average Rating of “Buy” from Analysts

AMN Healthcare Services, Inc. (NYSE:AMN) has received a consensus recommendation of “Buy” from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and ten have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $53.33.

A number of research firms have commented on AMN. KeyCorp reaffirmed a “buy” rating and set a $56.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, December 7th. BMO Capital Markets reaffirmed a “buy” rating and set a $48.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a research note on Sunday, November 12th. ValuEngine raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. SunTrust Banks reaffirmed a “buy” rating and set a $58.00 price objective on shares of AMN Healthcare Services in a research note on Friday, December 8th. Finally, Robert W. Baird upped their price objective on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd.

Shares of AMN Healthcare Services (AMN) opened at $53.25 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81. AMN Healthcare Services has a 52 week low of $34.71 and a 52 week high of $55.65. The company has a market cap of $2,540.00, a PE ratio of 22.37 and a beta of 0.51.

In other news, CFO Brian M. Scott sold 6,366 shares of the company’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $55.15, for a total value of $351,084.90. Following the transaction, the chief financial officer now owns 62,987 shares in the company, valued at approximately $3,473,733.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Susan R. Salka sold 95,219 shares of the company’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $49.35, for a total value of $4,699,057.65. Following the completion of the transaction, the insider now owns 222,168 shares in the company, valued at approximately $10,963,990.80. The disclosure for this sale can be found here. Insiders have sold 169,588 shares of company stock valued at $8,492,501 over the last ninety days. Insiders own 2.49% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of AMN. Nationwide Fund Advisors acquired a new position in shares of AMN Healthcare Services in the 2nd quarter valued at about $1,283,000. New York State Common Retirement Fund increased its holdings in shares of AMN Healthcare Services by 4.5% in the 2nd quarter. New York State Common Retirement Fund now owns 98,662 shares of the company’s stock valued at $3,853,000 after purchasing an additional 4,238 shares during the period. Northern Trust Corp increased its holdings in shares of AMN Healthcare Services by 2.2% in the 2nd quarter. Northern Trust Corp now owns 632,669 shares of the company’s stock valued at $24,706,000 after purchasing an additional 13,533 shares during the period. Vanguard Group Inc. increased its holdings in shares of AMN Healthcare Services by 0.9% in the 2nd quarter. Vanguard Group Inc. now owns 4,289,538 shares of the company’s stock valued at $167,507,000 after purchasing an additional 36,632 shares during the period. Finally, California Public Employees Retirement System increased its holdings in shares of AMN Healthcare Services by 23.4% in the 2nd quarter. California Public Employees Retirement System now owns 15,300 shares of the company’s stock valued at $597,000 after purchasing an additional 2,900 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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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