AMN Healthcare Services Inc (NYSE:AMN – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $30.14 and traded as high as $36.89. AMN Healthcare Services shares last traded at $36.5880, with a volume of 345,957 shares traded.
Analyst Upgrades and Downgrades
AMN has been the subject of several research analyst reports. UBS Group raised their price objective on AMN Healthcare Services from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Citigroup reiterated an “outperform” rating on shares of AMN Healthcare Services in a research report on Friday, August 14th. Truist Financial upped their target price on AMN Healthcare Services from $26.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of AMN Healthcare Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 18th. Finally, Citizens Jmp increased their price target on shares of AMN Healthcare Services from $36.00 to $40.00 and gave the stock a “market outperform” rating in a report on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, AMN Healthcare Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.50.
Check Out Our Latest Stock Analysis on AMN Healthcare Services
AMN Healthcare Services Stock Up 6.4%
The business has a 50-day simple moving average of $34.66 and a 200-day simple moving average of $30.27. The company has a market cap of $1.55 billion, a PE ratio of 14.95, a P/E/G ratio of 1.25 and a beta of 0.40. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.00.
AMN Healthcare Services (NYSE:AMN – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.58. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. The company had revenue of $673.24 million during the quarter, compared to analysts’ expectations of $628.39 million. During the same period in the prior year, the business posted $0.30 earnings per share. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. Equities research analysts anticipate that AMN Healthcare Services Inc will post 3.32 EPS for the current year.
Institutional Investors Weigh In On AMN Healthcare Services
A number of hedge funds have recently modified their holdings of AMN. Sei Investments Co. increased its position in shares of AMN Healthcare Services by 204.7% during the 1st quarter. Sei Investments Co. now owns 51,984 shares of the company’s stock worth $953,000 after purchasing an additional 34,925 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of AMN Healthcare Services in the second quarter worth $1,464,000. Deutsche Bank AG purchased a new stake in AMN Healthcare Services during the 2nd quarter worth about $1,341,000. First National Bank of Omaha purchased a new stake in shares of AMN Healthcare Services in the 2nd quarter valued at approximately $2,575,000. Finally, Quantinno Capital Management LP increased its holdings in AMN Healthcare Services by 248.8% in the first quarter. Quantinno Capital Management LP now owns 54,938 shares of the company’s stock valued at $1,008,000 after buying an additional 39,187 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.
AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc (NYSE: AMN) is a healthcare workforce solutions company that helps hospitals, health systems and other healthcare organizations recruit, deploy and manage clinical and nonclinical personnel. The company serves healthcare providers primarily in the United States.
Its services include temporary and permanent placement of nurses and allied healthcare professionals, locum tenens staffing for physicians and advanced practice providers, and recruitment and workforce consulting.
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