AMN Healthcare Services (NYSE:AMN) Stock Price Target Raised at Citizens Jmp

AMN Healthcare Services (NYSE:AMN) had its price target raised by Citizens Jmp from $40.00 to $51.00 in a report published on Friday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

Other analysts also recently issued research reports about the stock. Truist Financial increased their target price on shares of AMN Healthcare Services from $26.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. Citigroup reaffirmed an “outperform” rating on shares of AMN Healthcare Services in a research report on Friday, August 14th. Robert W. Baird set a $36.00 price objective on shares of AMN Healthcare Services in a research note on Friday, August 7th. Wall Street Zen lowered shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, BMO Capital Markets increased their price objective on shares of AMN Healthcare Services from $40.00 to $43.00 and gave the stock an “outperform” rating in a research report on Friday, October 9th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, AMN Healthcare Services presently has an average rating of “Hold” and an average target price of $38.33.

AMN Healthcare Services Trading Down 24.6%

Shares of NYSE AMN traded down $11.67 during trading on Friday, hitting $35.75. 1,855,562 shares of the company traded hands, compared to its average volume of 948,680. The firm has a market capitalization of $1.38 billion, a P/E ratio of 13.00, a P/E/G ratio of 1.57 and a beta of 0.42. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.00. The company has a 50-day moving average price of $38.19 and a 200-day moving average price of $29.07. AMN Healthcare Services has a 1 year low of $14.97 and a 1 year high of $49.62.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, November 5th. The company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.93. AMN Healthcare Services had a return on equity of 19.92% and a net margin of 3.06%. The business had revenue of $717.27 million for the quarter, compared to analyst estimates of $649.55 million. During the same period last year, the company posted $0.39 EPS. The business’s quarterly revenue was up 13.0% on a year-over-year basis. On average, equities analysts predict that AMN Healthcare Services will post 3.32 EPS for the current year.

Institutional Investors Weigh In On AMN Healthcare Services

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in AMN Healthcare Services in the 2nd quarter worth approximately $215,047,000. Arrowstreet Capital Limited Partnership raised its stake in shares of AMN Healthcare Services by 1,278.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,401,725 shares of the company’s stock valued at $25,708,000 after purchasing an additional 1,300,005 shares during the period. Bank of America Corp DE purchased a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $16,726,000. Renaissance Technologies LLC raised its stake in shares of AMN Healthcare Services by 50.7% during the first quarter. Renaissance Technologies LLC now owns 1,376,341 shares of the company’s stock valued at $25,242,000 after purchasing an additional 463,100 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of AMN Healthcare Services during the second quarter worth $7,958,000. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

AMN Healthcare Services News Roundup

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

• Positive Sentiment: Q3 results beat estimates: Adjusted EPS was $1.16 versus consensus of about $0.23, and revenue of $717.3 million exceeded the $649.6 million estimate. Revenue rose 13% year over year. AMN Healthcare Q3 results
• Positive Sentiment: Revenue guidance topped consensus: AMN forecast fourth-quarter 2026 revenue of $655 million–$670 million, above analysts’ $651.7 million estimate. Q3 results and outlook
• Positive Sentiment: Analyst turned more bullish: Citizens JMP raised its AMN price target from $40 to $51 and maintained a “market outperform” rating. Citizens JMP rating

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc is a healthcare workforce solutions and technology company that helps hospitals, health systems, medical practices and other healthcare organizations recruit, deploy and manage clinical and nonclinical personnel. The company operates through a portfolio of staffing, workforce management and language-services businesses.

Its services include temporary and permanent placement of registered nurses, allied healthcare professionals and physicians, as well as locum tenens staffing for doctors and advanced practice professionals.