AMN Healthcare Services (NYSE:AMN) Sees Unusually-High Trading Volume on Analyst Upgrade

AMN Healthcare Services Inc (NYSE:AMN) shares saw unusually-strong trading volume on Thursday after BMO Capital Markets raised their price target on the stock from $22.00 to $25.00. BMO Capital Markets currently has an outperform rating on the stock. Approximately 1,559,756 shares were traded during mid-day trading, an increase of 17% from the previous session’s volume of 1,331,662 shares.The stock last traded at $19.87 and had previously closed at $19.55.

Several other analysts have also recently weighed in on AMN. Citigroup reissued a “market outperform” rating on shares of AMN Healthcare Services in a research note on Friday, December 19th. Wall Street Zen upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. Citizens Jmp cut their price objective on AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating on the stock in a research note on Friday, December 19th. Finally, Zacks Research upgraded AMN Healthcare Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 25th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $22.36.

AMN Healthcare Services News Roundup

Here are the key news stories impacting AMN Healthcare Services this week:

• Positive Sentiment: BMO Capital Markets raised its price target to $25 and maintained an “outperform” view, signaling renewed analyst confidence and providing potential upside support. BMO price-target raise
• Positive Sentiment: Zacks Research raised its Q1 2027 EPS estimate to $0.38 (from $0.30), suggesting better near-term profitability than previously expected; this can be supportive for the next reported quarter.
• Positive Sentiment: Zacks also nudged up its Q3 2026 EPS estimate to $0.20 (from $0.18), another modestly constructive revision for the company’s medium-term outlook.
• Neutral Sentiment: AMN experienced a very large one-day jump (~27.6%) on above-average volume recently, adding momentum but increasing volatility and the chance of short-term pullbacks. Zacks notes that the pattern of estimate revisions does not clearly imply sustained upside. Zacks note on the jump
• Neutral Sentiment: Analysts’ consensus full-year EPS remains near $1.33 and Zacks maintains a “Hold” rating, indicating mixed expectations among sell-side firms about sustainable recovery in revenue/profit growth.
• Neutral Sentiment: Benzinga/The Fly and other outlets have published analyst-roundup and deep-dive pieces summarizing varied views, which can amplify intraday trading but don’t change fundamentals immediately. Benzinga analyst deep dive
• Negative Sentiment: Zacks cut its Q3 2027 EPS forecast sharply to $0.19 from $0.27, a notable downward revision that raises concerns about upcoming quarter performance and likely weighs on sentiment until clearer revenue/booking trends reappear.

Hedge Funds Weigh In On AMN Healthcare Services

Institutional investors and hedge funds have recently modified their holdings of the business. FNY Investment Advisers LLC increased its stake in shares of AMN Healthcare Services by 33.3% in the 4th quarter. FNY Investment Advisers LLC now owns 8,000 shares of the company’s stock valued at $126,000 after acquiring an additional 2,000 shares in the last quarter. Thompson Investment Management Inc. grew its holdings in AMN Healthcare Services by 24.3% in the fourth quarter. Thompson Investment Management Inc. now owns 443,113 shares of the company’s stock worth $6,983,000 after purchasing an additional 86,579 shares during the period. Exchange Traded Concepts LLC increased its stake in AMN Healthcare Services by 11.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 33,834 shares of the company’s stock valued at $533,000 after purchasing an additional 3,611 shares in the last quarter. SG Americas Securities LLC increased its stake in AMN Healthcare Services by 31.5% in the fourth quarter. SG Americas Securities LLC now owns 66,475 shares of the company’s stock valued at $1,048,000 after purchasing an additional 15,914 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of AMN Healthcare Services by 7.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 34,790 shares of the company’s stock valued at $548,000 after purchasing an additional 2,417 shares during the period. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Stock Down 2.0%

The company has a market cap of $732.94 million, a P/E ratio of -2.65 and a beta of 0.20. The stock’s 50-day moving average price is $16.36 and its 200-day moving average price is $18.51. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.31.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.20. AMN Healthcare Services had a negative net margin of 10.14% and a positive return on equity of 10.89%. The business had revenue of $634.50 million during the quarter, compared to the consensus estimate of $618.08 million. During the same quarter last year, the firm posted $0.61 EPS. AMN Healthcare Services’s revenue was down 7.7% compared to the same quarter last year. As a group, research analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.