Zacks Research Issues Pessimistic Estimate for AMN Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Stock analysts at Zacks Research lowered their Q1 2027 earnings per share estimates for shares of AMN Healthcare Services in a research note issued to investors on Friday, July 17th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.19 for the quarter, down from their prior forecast of $0.20. Zacks Research has a “Hold” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $2.70 per share. Zacks Research also issued estimates for AMN Healthcare Services’ Q3 2027 earnings at $0.26 EPS and Q1 2028 earnings at $0.46 EPS.

Several other equities research analysts have also recently weighed in on the stock. Truist Financial upped their price objective on shares of AMN Healthcare Services from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. BMO Capital Markets upped their price target on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. UBS Group increased their price target on shares of AMN Healthcare Services from $19.50 to $32.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Robert W. Baird boosted their price objective on shares of AMN Healthcare Services from $23.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $27.00.

AMN Healthcare Services Stock Up 0.3%

Shares of NYSE AMN opened at $35.10 on Monday. The stock has a market capitalization of $1.36 billion, a P/E ratio of -40.35, a PEG ratio of 0.80 and a beta of 0.41. The stock’s fifty day moving average is $30.93 and its 200 day moving average is $23.33. AMN Healthcare Services has a 52 week low of $14.86 and a 52 week high of $36.27. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.09 and a current ratio of 1.09.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, May 7th. The company reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.50. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.23 billion. AMN Healthcare Services had a positive return on equity of 18.01% and a negative net margin of 0.95%.AMN Healthcare Services’s quarterly revenue was up 99.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.45 EPS.

Insider Buying and Selling

In other AMN Healthcare Services news, Director Mark G. Foletta sold 3,681 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $31.07, for a total transaction of $114,368.67. Following the completion of the transaction, the director owned 17,917 shares of the company’s stock, valued at approximately $556,681.19. The trade was a 17.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.07% of the company’s stock.

Institutional Investors Weigh In On AMN Healthcare Services

Hedge funds have recently made changes to their positions in the stock. Millennium Management LLC grew its holdings in shares of AMN Healthcare Services by 55.8% during the 4th quarter. Millennium Management LLC now owns 2,005,966 shares of the company’s stock valued at $31,614,000 after purchasing an additional 718,048 shares during the last quarter. State Street Corp lifted its stake in AMN Healthcare Services by 1.8% in the 4th quarter. State Street Corp now owns 1,624,935 shares of the company’s stock valued at $25,609,000 after purchasing an additional 28,479 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in AMN Healthcare Services by 1,278.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,401,725 shares of the company’s stock valued at $25,708,000 after purchasing an additional 1,300,005 shares during the last quarter. Renaissance Technologies LLC boosted its position in AMN Healthcare Services by 50.7% in the first quarter. Renaissance Technologies LLC now owns 1,376,341 shares of the company’s stock valued at $25,242,000 after buying an additional 463,100 shares in the last quarter. Finally, Boston Partners boosted its position in AMN Healthcare Services by 7,583.1% in the fourth quarter. Boston Partners now owns 1,035,145 shares of the company’s stock valued at $16,313,000 after buying an additional 1,021,672 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Company Profile

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.