StockNews.com began coverage on shares of AMN Healthcare Services (NYSE:AMN – Get Rating) in a research report issued on Thursday. The brokerage set a “buy” rating on the stock.
A number of other research analysts have also recently commented on the company. Jefferies Financial Group raised their target price on AMN Healthcare Services from $140.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, February 18th. Benchmark raised their price objective on AMN Healthcare Services from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, February 18th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, AMN Healthcare Services presently has an average rating of “Buy” and an average target price of $141.20.
AMN opened at $105.75 on Thursday. The stock has a market cap of $4.86 billion, a PE ratio of 15.51, a PEG ratio of 0.70 and a beta of 0.33. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.72. The business has a 50 day moving average of $102.18 and a 200-day moving average of $109.03. AMN Healthcare Services has a 52 week low of $72.73 and a 52 week high of $129.12.
AMN Healthcare Services (NYSE:AMN – Get Rating) last released its earnings results on Thursday, February 17th. The company reported $2.95 EPS for the quarter, beating the Zacks’ consensus estimate of $2.58 by $0.37. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.36 billion. AMN Healthcare Services had a return on equity of 37.95% and a net margin of 8.22%. During the same quarter last year, the business posted $1.00 EPS. Equities analysts predict that AMN Healthcare Services will post 9.31 EPS for the current year.
In related news, CEO Susan R. Salka sold 22,475 shares of AMN Healthcare Services stock in a transaction on Monday, February 28th. The stock was sold at an average price of $107.12, for a total value of $2,407,522.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jeffrey R. Knudson acquired 5,360 shares of the business’s stock in a transaction that occurred on Friday, March 11th. The stock was purchased at an average cost of $93.30 per share, with a total value of $500,088.00. The disclosure for this purchase can be found here. In the last three months, insiders sold 60,119 shares of company stock valued at $6,342,972. Corporate insiders own 0.98% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank bought a new stake in shares of AMN Healthcare Services in the fourth quarter worth $58,469,000. Camden Capital LLC grew its holdings in shares of AMN Healthcare Services by 5.1% in the fourth quarter. Camden Capital LLC now owns 3,052 shares of the company’s stock worth $373,000 after acquiring an additional 147 shares during the period. BlackRock Inc. grew its holdings in shares of AMN Healthcare Services by 1.4% in the fourth quarter. BlackRock Inc. now owns 7,331,318 shares of the company’s stock worth $896,839,000 after acquiring an additional 99,832 shares during the period. EFG Asset Management North America Corp. bought a new stake in shares of AMN Healthcare Services in the fourth quarter worth $3,030,000. Finally, Virtu Financial LLC purchased a new position in AMN Healthcare Services during the fourth quarter valued at $689,000. 91.07% of the stock is owned by institutional investors.
AMN Healthcare Services Company Profile (Get Rating)
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and 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, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.
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