AMN Healthcare Services (NYSE:AMN) Price Target Raised to $24.00 at Citizens Jmp

AMN Healthcare Services (NYSE:AMN) had its price target lifted by Citizens Jmp from $22.00 to $24.00 in a research report sent to investors on Friday morning,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

A number of other equities analysts also recently commented on AMN. Weiss Ratings restated a “sell (d-)” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. JMP Securities cut their price target on 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. Truist Financial upped their price objective on AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. BMO Capital Markets cut their target price 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 shares of AMN Healthcare Services from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $22.50.

AMN Healthcare Services Stock Performance

AMN Healthcare Services stock traded down $0.54 during mid-day trading on Friday, reaching $17.90. The company’s stock had a trading volume of 3,237,196 shares, compared to its average volume of 899,986. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services has a twelve month low of $14.86 and a twelve month high of $36.52. The business has a 50 day moving average price of $19.58 and a 200-day moving average price of $20.13. The firm has a market cap of $685.81 million, a price-to-earnings ratio of -2.30 and a beta of 0.19.

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

Institutional Investors Weigh In On AMN Healthcare Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Yousif Capital Management LLC lifted its holdings in AMN Healthcare Services by 3.2% in the second quarter. Yousif Capital Management LLC now owns 17,027 shares of the company’s stock worth $352,000 after purchasing an additional 534 shares during the period. 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 valued at $92,000 after buying an additional 579 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of AMN Healthcare Services by 7.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,829 shares of the company’s stock worth $203,000 after buying an additional 718 shares in the last quarter. SummerHaven Investment Management LLC lifted its stake in shares of AMN Healthcare Services by 4.8% in the 2nd quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the company’s stock worth $353,000 after acquiring an additional 777 shares during the period. Finally, First National Advisers LLC lifted its stake in shares of AMN Healthcare Services by 7.8% in the 1st quarter. First National Advisers LLC now owns 14,068 shares of the company’s stock worth $344,000 after acquiring an additional 1,020 shares during the period. 99.23% of the stock is currently owned by institutional investors.

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.