AMN Healthcare Services, Inc. (NYSE:AMN) insider Susan R. Salka sold 11,953 shares of AMN Healthcare Services stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $56.49, for a total value of $675,224.97. Following the completion of the transaction, the insider now owns 153,789 shares of the company’s stock, valued at approximately $8,687,540.61. The sale was disclosed in a document filed with the SEC, which is available at this link.
NYSE:AMN opened at $58.27 on Wednesday. AMN Healthcare Services, Inc. has a 12-month low of $41.55 and a 12-month high of $68.20. The company has a market cap of $2.74 billion, a P/E ratio of 22.76, a P/E/G ratio of 1.36 and a beta of 0.54. The company has a quick ratio of 1.65, a current ratio of 1.58 and a debt-to-equity ratio of 0.77.
AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Wednesday, October 31st. The company reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.08. AMN Healthcare Services had a return on equity of 25.32% and a net margin of 6.96%. The business had revenue of $526.84 million during the quarter, compared to analyst estimates of $526.90 million. During the same quarter in the previous year, the firm posted $0.63 EPS. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. Equities analysts expect that AMN Healthcare Services, Inc. will post 3.27 EPS for the current fiscal year.
Several research analysts have recently commented on the company. BMO Capital Markets reiterated a “buy” rating and issued a $67.00 target price on shares of AMN Healthcare Services in a research report on Thursday, July 12th. Robert W. Baird reiterated a “hold” rating and issued a $58.00 target price on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Lake Street Capital decreased their target price on AMN Healthcare Services from $70.00 to $67.00 and set a “buy” rating for the company in a research report on Friday, August 3rd. Zacks Investment Research upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Monday. Finally, ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Wednesday, October 17th. Two analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. AMN Healthcare Services presently has an average rating of “Buy” and an average price target of $65.10.
A number of large investors have recently added to or reduced their stakes in AMN. BlackRock Inc. boosted its position in AMN Healthcare Services by 8.7% during the 2nd quarter. BlackRock Inc. now owns 6,694,366 shares of the company’s stock valued at $392,290,000 after purchasing an additional 533,007 shares during the period. Rothschild Asset Management Inc. acquired a new position in AMN Healthcare Services during the 2nd quarter valued at approximately $30,246,000. Voya Investment Management LLC boosted its position in AMN Healthcare Services by 55.5% during the 2nd quarter. Voya Investment Management LLC now owns 1,062,917 shares of the company’s stock valued at $62,287,000 after purchasing an additional 379,588 shares during the period. Epoch Investment Partners Inc. acquired a new position in AMN Healthcare Services during the 2nd quarter valued at approximately $18,935,000. Finally, OppenheimerFunds Inc. boosted its position in AMN Healthcare Services by 1,320.5% during the 2nd quarter. OppenheimerFunds Inc. now owns 292,543 shares of the company’s stock valued at $17,143,000 after purchasing an additional 271,949 shares during the period.
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About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.
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