AMN Healthcare Services (NYSE:AMN) Sets New 52-Week High After Analyst Upgrade

Shares of AMN Healthcare Services Inc (NYSE:AMN) hit a new 52-week high during mid-day trading on Saturday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The company traded as high as $36.86 and last traded at $35.9290, with a volume of 1517139 shares. The stock had previously closed at $30.80.

Several other research firms have also issued reports on AMN. UBS Group raised their price target on shares of AMN Healthcare Services from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday. Citigroup reaffirmed a “market outperform” rating on shares of AMN Healthcare Services in a research report on Tuesday, June 23rd. Citizens Jmp reiterated a “market outperform” rating and issued a $36.00 target price on shares of AMN Healthcare Services in a research note on Tuesday, June 23rd. BMO Capital Markets lifted their target price 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. Finally, Zacks Research lowered AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, AMN Healthcare Services has an average rating of “Hold” and a consensus price target of $30.86.

Insider Activity

In other news, Director Mark G. Foletta sold 3,681 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $31.07, for a total value of $114,368.67. Following the completion of the transaction, the director 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 filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.07% of the company’s stock.

Trending Headlines about AMN Healthcare Services

Here are the key news stories impacting AMN Healthcare Services this week:

• Positive Sentiment: Quarterly earnings and revenue topped estimates. AMN reported adjusted EPS of $0.77, up from $0.30 a year earlier and well above analysts’ expectations of approximately $0.19-$0.22. Revenue rose 2.3% year over year to $673 million, exceeding the roughly $628 million consensus estimate. GAAP earnings were $0.53 per share, while adjusted EBITDA totaled $73 million. AMN Healthcare Announces Second Quarter 2026 Results
• Positive Sentiment: Growth was broad-based across staffing and search services. Results benefited from higher demand in travel nursing, allied healthcare staffing and executive search, along with activity related to labor disruptions. The earnings beat suggests AMN is gaining operating leverage as demand stabilizes. AMN Q2 Earnings Beat Estimates on Staffing and Search Growth
• Positive Sentiment: Third-quarter revenue guidance exceeded expectations. Management forecast Q3 revenue of $640 million to $655 million, above the consensus estimate of $618.4 million. Although the range implies a sequential decline from Q2, it indicates stronger near-term demand than analysts had projected. AMN Healthcare Quarterly Earnings Report
• Neutral Sentiment: The company continues to face a challenging staffing environment, including a negative reported net margin, while investors will watch whether the recent earnings strength can persist after labor-disruption-related activity.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC acquired a new stake in AMN Healthcare Services during the fourth quarter valued at approximately $32,000. Versant Capital Management Inc raised its holdings in shares of AMN Healthcare Services by 41.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock worth $38,000 after buying an additional 345 shares in the last quarter. China Universal Asset Management Co. Ltd. lifted its position in shares of AMN Healthcare Services by 200.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock worth $47,000 after buying an additional 2,000 shares during the period. Johnson Financial Group Inc. acquired a new stake in AMN Healthcare Services in the 3rd quarter valued at $63,000. Finally, Tower Research Capital LLC TRC boosted its stake in AMN Healthcare Services by 49.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after buying an additional 1,020 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Stock Up 16.7%

The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.04. The business has a 50-day simple moving average of $32.51 and a two-hundred day simple moving average of $25.09. The stock has a market capitalization of $1.39 billion, a P/E ratio of 13.41, a PEG ratio of 0.83 and a beta of 0.40.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.58. AMN Healthcare Services had a return on equity of 20.48% and a net margin of 3.06%.The company had revenue of $673.24 million during the quarter, compared to analysts’ expectations of $628.39 million. During the same period last year, the business earned $0.30 earnings per share. The business’s revenue was up 2.3% on a year-over-year basis. Equities research analysts forecast that AMN Healthcare Services Inc will post 2.7 earnings per share for the current fiscal year.

About AMN Healthcare Services

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.