AMN Healthcare Services (NYSE:AMN) Upgraded by Zacks Research to Hold Rating

AMN Healthcare Services (NYSE:AMN) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

A number of other brokerages have also weighed in on AMN. JMP Securities dropped their price target on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 12th. Truist Financial boosted their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Citizens Jmp upped 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 note on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Finally, UBS Group boosted their price objective on shares of AMN Healthcare Services from $18.00 to $20.50 and gave the company a “neutral” rating in a report on Friday, November 7th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $21.75.

AMN Healthcare Services Trading Down 1.3%

NYSE:AMN opened at $17.27 on Tuesday. AMN Healthcare Services has a one year low of $14.86 and a one year high of $30.49. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $663.33 million, a P/E ratio of -2.22 and a beta of 0.19. The firm has a 50-day simple moving average of $18.73 and a 200-day simple moving average of $19.82.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $634.50 million during the quarter, compared to analysts’ expectations of $618.08 million. During the same period in the prior year, the business posted $0.61 EPS. The firm’s quarterly revenue was down 7.7% on a year-over-year basis. AMN Healthcare Services has set its Q4 2025 guidance at EPS. Equities analysts anticipate that AMN Healthcare Services will post 1.33 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Yousif Capital Management LLC lifted its stake in AMN Healthcare Services by 3.2% in the 2nd quarter. Yousif Capital Management LLC now owns 17,027 shares of the company’s stock valued at $352,000 after buying an additional 534 shares in the last quarter. Covestor Ltd increased its stake in AMN Healthcare Services by 13.9% during the 3rd quarter. Covestor Ltd now owns 4,747 shares of the company’s stock worth $92,000 after buying an additional 579 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of AMN Healthcare Services by 7.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,829 shares of the company’s stock valued at $203,000 after acquiring an additional 718 shares during the last quarter. SummerHaven Investment Management LLC lifted its position in shares of AMN Healthcare Services by 4.8% in the second quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the company’s stock valued at $353,000 after acquiring an additional 777 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of AMN Healthcare Services by 49.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after acquiring an additional 1,020 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

About AMN Healthcare Services

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.