AMN Healthcare Services (NYSE:AMN) Given New $20.50 Price Target at UBS Group

AMN Healthcare Services (NYSE:AMN) had its price objective raised by investment analysts at UBS Group from $18.00 to $20.50 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 14.56% from the stock’s current price.

A number of other research analysts have also recently weighed in on the stock. Citizens Jmp lifted their price target on shares of AMN Healthcare Services from $22.00 to $24.00 and gave the company a “market outperform” rating in a research report on Friday. JMP Securities reduced their target price on shares of AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a report on Tuesday, August 12th. Bank of America lowered their price target on AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a report on Wednesday, September 10th. BMO Capital Markets reduced their price objective on AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating on the stock in a research note on Monday, August 11th. Finally, Zacks Research downgraded AMN Healthcare Services from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $22.50.

AMN Healthcare Services Trading Down 2.9%

AMN stock traded down $0.54 during trading on Friday, reaching $17.90. 3,237,196 shares of the stock traded hands, compared to its average volume of 899,986. The firm has a market capitalization of $685.81 million, a PE ratio of -2.30 and a beta of 0.19. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 1.00. The business’s 50 day moving average price is $19.64 and its 200-day moving average price is $20.12. AMN Healthcare Services has a 52-week low of $14.86 and a 52-week high of $36.52.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.20. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The business had revenue of $634.50 million for the quarter, compared to analyst estimates of $618.08 million. During the same period in the previous year, the company posted $0.61 EPS. The company’s revenue was down 7.7% compared to the same quarter last year. AMN Healthcare Services has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that AMN Healthcare Services will post 1.33 earnings per share for the current year.

Institutional Trading of AMN Healthcare Services

A number of hedge funds and other institutional investors have recently modified their holdings of AMN. Vanguard Group Inc. boosted its holdings in AMN Healthcare Services by 0.4% in the third quarter. Vanguard Group Inc. now owns 4,388,431 shares of the company’s stock valued at $84,960,000 after purchasing an additional 16,315 shares during the last quarter. Newtyn Management LLC increased its holdings in AMN Healthcare Services by 1.0% during the 1st quarter. Newtyn Management LLC now owns 1,200,000 shares of the company’s stock worth $29,352,000 after purchasing an additional 11,984 shares during the last quarter. Millennium Management LLC raised its position in shares of AMN Healthcare Services by 137.5% in the 1st quarter. Millennium Management LLC now owns 1,097,482 shares of the company’s stock valued at $26,844,000 after purchasing an additional 635,296 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of AMN Healthcare Services by 11.6% during the 2nd quarter. Bank of America Corp DE now owns 919,408 shares of the company’s stock valued at $19,004,000 after buying an additional 95,720 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of AMN Healthcare Services by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 909,204 shares of the company’s stock valued at $18,795,000 after buying an additional 30,155 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.