Zacks Research Issues Positive Outlook for AMN Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Analysts at Zacks Research raised their Q2 2027 earnings estimates for AMN Healthcare Services in a research report issued to clients and investors on Thursday, June 18th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.29 for the quarter, up from their prior forecast of $0.25. Zacks Research has a “Hold” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $2.70 per share. Zacks Research also issued estimates for AMN Healthcare Services’ Q3 2027 earnings at $0.23 EPS, Q4 2027 earnings at $0.38 EPS and Q1 2028 earnings at $0.51 EPS.

Other analysts also recently issued reports about the company. BMO Capital Markets upped their price objective on AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Wall Street Zen upgraded AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 16th. Citizens Jmp boosted their target price on AMN Healthcare Services from $22.00 to $24.00 and gave the stock a “market outperform” rating in a research note on Monday, February 23rd. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday. Finally, UBS Group raised their price target on shares of AMN Healthcare Services from $19.50 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $25.29.

AMN Healthcare Services Trading Down 4.2%

Shares of AMN opened at $31.01 on Friday. AMN Healthcare Services has a 52-week low of $14.86 and a 52-week high of $33.13. The business’s fifty day moving average is $25.76 and its 200-day moving average is $20.87. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of -35.65, a PEG ratio of 0.74 and a beta of 0.44.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, May 7th. The company reported $2.10 EPS for the quarter, beating the consensus estimate of $1.60 by $0.50. AMN Healthcare Services had a negative net margin of 0.95% and a positive return on equity of 18.01%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the business earned $0.45 earnings per share. The company’s revenue was up 99.9% on a year-over-year basis.

Institutional Investors Weigh In On AMN Healthcare Services

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Summit Securities Group LLC bought a new position in AMN Healthcare Services in the fourth quarter valued at about $32,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of AMN Healthcare Services by 200.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock valued at $47,000 after purchasing an additional 2,000 shares in the last quarter. Johnson Financial Group Inc. bought a new stake in shares of AMN Healthcare Services during the third quarter worth about $63,000. Tower Research Capital LLC TRC grew its holdings in shares of AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock worth $64,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of AMN Healthcare Services in the first quarter valued at approximately $95,000. Institutional investors own 99.23% of the company’s stock.

Insider Activity

In other news, Director Mark G. Foletta sold 3,681 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $31.07, for a total value of $114,368.67. Following the completion of the transaction, the director directly owned 17,917 shares in the company, valued at approximately $556,681.19. This represents a 17.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.07% of the company’s stock.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.