Analysts expect AMN Healthcare Services, Inc. (NYSE:AMN) to report earnings of $0.79 per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for AMN Healthcare Services’ earnings, with the highest EPS estimate coming in at $0.80 and the lowest estimate coming in at $0.78. AMN Healthcare Services posted earnings per share of $0.63 in the same quarter last year, which indicates a positive year over year growth rate of 25.4%. The company is scheduled to issue its next earnings report on Thursday, May 3rd.
According to Zacks, analysts expect that AMN Healthcare Services will report full-year earnings of $3.25 per share for the current fiscal year, with EPS estimates ranging from $3.16 to $3.35. For the next fiscal year, analysts anticipate that the business will report earnings of $3.55 per share, with EPS estimates ranging from $3.47 to $3.70. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow AMN Healthcare Services.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 15th. The company reported $0.63 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.63. AMN Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The company had revenue of $509.10 million during the quarter, compared to analysts’ expectations of $501.64 million. During the same quarter in the previous year, the company posted $0.62 earnings per share. The business’s revenue was up 4.3% on a year-over-year basis.
AMN has been the subject of a number of research analyst reports. BMO Capital Markets restated a “buy” rating and set a $54.00 price objective on shares of AMN Healthcare Services in a report on Monday, January 22nd. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. KeyCorp began coverage on shares of AMN Healthcare Services in a research report on Friday, November 17th. They issued an “overweight” rating and a $50.00 price target for the company. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, SunTrust Banks reiterated a “buy” rating and issued a $58.00 price target on shares of AMN Healthcare Services in a research report on Friday, December 8th. Eleven analysts have rated the stock with a buy rating, AMN Healthcare Services has a consensus rating of “Buy” and a consensus target price of $57.60.
Shares of AMN Healthcare Services (NYSE:AMN) traded down $0.30 during trading hours on Thursday, hitting $59.15. The stock had a trading volume of 344,374 shares, compared to its average volume of 464,760. AMN Healthcare Services has a 12 month low of $34.71 and a 12 month high of $60.10. The company has a market capitalization of $2,821.38, a PE ratio of 21.99 and a beta of 0.47. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.57.
In other AMN Healthcare Services news, insider Ralph Henderson sold 10,178 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $56.20, for a total transaction of $572,003.60. Following the completion of the transaction, the insider now directly owns 37,574 shares in the company, valued at $2,111,658.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Susan R. Salka sold 95,219 shares of the business’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $49.35, for a total transaction of $4,699,057.65. Following the transaction, the insider now owns 222,168 shares of the company’s stock, valued at $10,963,990.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 131,835 shares of company stock valued at $6,701,558. 2.18% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Louisiana State Employees Retirement System raised its position in AMN Healthcare Services by 6.2% during the fourth quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the company’s stock valued at $1,015,000 after purchasing an additional 1,200 shares in the last quarter. Advisor Group Inc. grew its stake in shares of AMN Healthcare Services by 29.3% during the fourth quarter. Advisor Group Inc. now owns 6,331 shares of the company’s stock worth $311,000 after buying an additional 1,434 shares during the last quarter. Mckinley Capital Management LLC Delaware grew its stake in shares of AMN Healthcare Services by 1.6% during the third quarter. Mckinley Capital Management LLC Delaware now owns 127,400 shares of the company’s stock worth $5,822,000 after buying an additional 1,950 shares during the last quarter. American International Group Inc. grew its stake in shares of AMN Healthcare Services by 5.7% during the third quarter. American International Group Inc. now owns 37,455 shares of the company’s stock worth $1,712,000 after buying an additional 2,032 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in shares of AMN Healthcare Services by 6.8% during the fourth quarter. UBS Asset Management Americas Inc. now owns 32,825 shares of the company’s stock worth $1,617,000 after buying an additional 2,078 shares during the last quarter.
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About AMN Healthcare Services
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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