KeyCorp assumed coverage on shares of AMN Healthcare Services (NYSE:AMN) in a research report released on Friday, November 17th, MarketBeat.com reports. The brokerage issued an overweight rating and a $50.00 price target on the stock.
Other equities research analysts have also recently issued reports about the company. ValuEngine upgraded AMN Healthcare Services from a hold rating to a buy rating in a research note on Saturday, August 12th. 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 research note on Tuesday, October 3rd. Robert W. Baird increased their price objective on AMN Healthcare Services from $41.00 to $43.00 and gave the company an outperform rating in a report on Friday, November 3rd. Benchmark reissued a buy rating and issued a $52.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. Finally, BMO Capital Markets reissued a buy rating and issued a $43.00 price objective on shares of AMN Healthcare Services in a report on Friday, September 1st. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $48.38.
AMN Healthcare Services (NYSE:AMN) traded down $1.30 on Friday, hitting $49.30. The stock had a trading volume of 350,006 shares, compared to its average volume of 562,241. AMN Healthcare Services has a fifty-two week low of $33.61 and a fifty-two week high of $51.75. 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 cap of $2,360.00, a P/E ratio of 19.45 and a beta of 0.47.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $494.41 million during the quarter, compared to analysts’ expectations of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.62 EPS. equities analysts forecast that AMN Healthcare Services will post 2.56 EPS for the current fiscal year.
In other AMN Healthcare Services news, Director Mark G. Foletta sold 2,500 shares of AMN Healthcare Services 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 sale, the director now owns 3,525 shares in the company, valued at $165,780.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Paul E. Weaver sold 10,000 shares of AMN Healthcare Services stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $50.27, for a total value of $502,700.00. Following the completion of the sale, the director now directly owns 37,226 shares of the company’s stock, valued at $1,871,351.02. The disclosure for this sale can be found here. In the last 90 days, insiders sold 139,134 shares of company stock worth $6,235,707. Company insiders own 2.49% of the company’s stock.
Large investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio lifted its stake in shares of AMN Healthcare Services by 14.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 94,137 shares of the company’s stock worth $4,302,000 after purchasing an additional 11,653 shares during the period. California Public Employees Retirement System raised its position in shares of AMN Healthcare Services by 46.1% in the 3rd quarter. California Public Employees Retirement System now owns 22,347 shares of the company’s stock worth $1,021,000 after buying an additional 7,047 shares during the period. Simcoe Capital Management LLC raised its position in shares of AMN Healthcare Services by 12.2% in the 3rd quarter. Simcoe Capital Management LLC now owns 570,704 shares of the company’s stock worth $26,081,000 after buying an additional 62,120 shares during the period. Stifel Financial Corp raised its position in shares of AMN Healthcare Services by 8.1% in the 3rd quarter. Stifel Financial Corp now owns 346,409 shares of the company’s stock worth $15,816,000 after buying an additional 25,956 shares during the period. Finally, Kestrel Investment Management Corp purchased a new position in shares of AMN Healthcare Services in the 3rd quarter worth $9,897,000.
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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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