Q3 2024 Earnings Estimate for AMN Healthcare Services, Inc. (NYSE:AMN) Issued By William Blair

AMN Healthcare Services, Inc. (NYSE:AMN) – Analysts at William Blair lowered their Q3 2024 earnings per share estimates for AMN Healthcare Services in a note issued to investors on Friday, August 9th. William Blair analyst T. Romeo now forecasts that the company will post earnings per share of $0.58 for the quarter, down from their previous forecast of $0.61. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $3.15 per share. William Blair also issued estimates for AMN Healthcare Services’ Q4 2024 earnings at $0.61 EPS, Q1 2025 earnings at $0.68 EPS, Q2 2025 earnings at $0.75 EPS, Q3 2025 earnings at $0.84 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.19 EPS and FY2026 earnings at $4.19 EPS.

Other equities research analysts also recently issued research reports about the company. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a report on Tuesday, May 28th. UBS Group reduced their target price on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, August 9th. StockNews.com cut AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. JMP Securities dropped their price target on AMN Healthcare Services from $75.00 to $66.00 and set a “market outperform” rating for the company in a research report on Tuesday. Finally, BMO Capital Markets raised their price target on AMN Healthcare Services from $60.00 to $71.00 and gave the company an “outperform” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $67.83.

AMN Healthcare Services Price Performance

AMN Healthcare Services stock opened at $52.91 on Monday. AMN Healthcare Services has a one year low of $46.74 and a one year high of $91.57. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.27 and a current ratio of 1.27. The business has a fifty day moving average of $55.49 and a two-hundred day moving average of $59.38. The company has a market cap of $2.01 billion, a P/E ratio of 14.23 and a beta of 0.12.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.22. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The firm had revenue of $740.69 million during the quarter, compared to the consensus estimate of $740.43 million. During the same period last year, the company earned $2.38 earnings per share. The company’s revenue for the quarter was down 25.3% on a year-over-year basis.

Institutional Trading of AMN Healthcare Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AMN. Pacer Advisors Inc. purchased a new stake in AMN Healthcare Services in the 2nd quarter valued at about $99,349,000. Boston Partners lifted its stake in shares of AMN Healthcare Services by 102.7% in the 4th quarter. Boston Partners now owns 2,884,550 shares of the company’s stock valued at $216,038,000 after purchasing an additional 1,461,541 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of AMN Healthcare Services by 3,753.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company’s stock valued at $64,721,000 after purchasing an additional 1,230,543 shares in the last quarter. Swedbank AB acquired a new position in shares of AMN Healthcare Services in the 1st quarter valued at about $70,617,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of AMN Healthcare Services in the 2nd quarter valued at about $45,481,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

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.