AMN Healthcare Services (NYSE:AMN) Upgraded at StockNews.com

StockNews.com upgraded shares of AMN Healthcare Services (NYSE:AMN) from a sell rating to a hold rating in a research note released on Tuesday.

Several other analysts also recently weighed in on the company. BMO Capital Markets lowered their target price on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating for the company in a research note on Monday, February 24th. JMP Securities restated a “market outperform” rating and set a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. Finally, Truist Financial reduced their target price on AMN Healthcare Services from $47.00 to $40.00 and set a “buy” rating for the company in a research note on Friday, February 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, AMN Healthcare Services has a consensus rating of “Hold” and a consensus target price of $41.17.

AMN Healthcare Services Trading Up 1.8 %

Shares of AMN opened at $23.93 on Tuesday. AMN Healthcare Services has a 12 month low of $22.47 and a 12 month high of $70.07. The stock’s 50-day moving average is $25.62 and its two-hundred day moving average is $30.45. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. The stock has a market cap of $913.67 million, a PE ratio of -6.21 and a beta of 0.15.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. The firm had revenue of $734.71 million during the quarter, compared to analysts’ expectations of $694.38 million. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. Equities analysts forecast that AMN Healthcare Services will post 1.33 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AMN. Jones Financial Companies Lllp lifted its stake in AMN Healthcare Services by 33.4% during the fourth quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after purchasing an additional 377 shares during the last quarter. Cresset Asset Management LLC lifted its position in shares of AMN Healthcare Services by 5.6% in the 4th quarter. Cresset Asset Management LLC now owns 10,761 shares of the company’s stock worth $257,000 after buying an additional 566 shares during the last quarter. Quarry LP boosted its holdings in shares of AMN Healthcare Services by 48.4% in the 3rd quarter. Quarry LP now owns 2,006 shares of the company’s stock valued at $85,000 after buying an additional 654 shares during the period. Truvestments Capital LLC bought a new stake in shares of AMN Healthcare Services during the 3rd quarter valued at about $30,000. Finally, Blue Trust Inc. raised its stake in AMN Healthcare Services by 46.3% during the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after acquiring an additional 754 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Company Profile

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.