AMN Healthcare Services (NYSE:AMN) Earns “Buy” Rating from Benchmark

Benchmark restated their buy rating on shares of AMN Healthcare Services (NYSE:AMN) in a research report released on Monday, January 8th, Marketbeat reports. Benchmark currently has a $60.00 price target on the stock, up from their previous price target of $52.00.

Several other brokerages have also commented on AMN. SunTrust Banks restated a buy rating and set a $58.00 target price on shares of AMN Healthcare Services in a research report on Friday, December 8th. Zacks Investment Research downgraded AMN Healthcare Services from a hold rating to a sell rating in a research note on Tuesday, January 2nd. ValuEngine raised AMN Healthcare Services from a hold rating to a buy rating in a research note on Sunday, December 31st. KeyCorp reaffirmed a buy rating and set a $56.00 price target on shares of AMN Healthcare Services in a research note on Thursday, December 7th. Finally, BMO Capital Markets reaffirmed a buy rating and set a $48.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research note on Sunday, November 12th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of $51.00.

AMN Healthcare Services (NYSE AMN) traded down $0.50 during trading hours on Monday, reaching $49.30. 321,114 shares of the company were exchanged, compared to its average volume of 374,400. AMN Healthcare Services has a 1 year low of $33.61 and a 1 year high of $51.75. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.60. The stock has a market cap of $2,370.00, a price-to-earnings ratio of 20.71 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $494.41 million for the quarter, compared to analyst estimates of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. AMN Healthcare Services’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.62 EPS. equities research analysts anticipate that AMN Healthcare Services will post 2.56 earnings per share for the current year.

In other news, Director Douglas D. Wheat sold 3,793 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $50.23, for a total transaction of $190,522.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Susan R. Salka sold 74,456 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $41.86, for a total value of $3,116,728.16. Following the sale, the insider now owns 256,561 shares of the company’s stock, valued at approximately $10,739,643.46. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 136,021 shares of company stock valued at $6,108,554. Corporate insiders own 2.49% of the company’s stock.

Large investors have recently modified their holdings of the company. Acrospire Investment Management LLC boosted its holdings in AMN Healthcare Services by 13.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock worth $100,000 after acquiring an additional 300 shares during the period. Bank of Montreal Can purchased a new position in AMN Healthcare Services in the 2nd quarter worth approximately $105,000. Riverhead Capital Management LLC boosted its holdings in AMN Healthcare Services by 85.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock worth $116,000 after acquiring an additional 1,363 shares during the period. Jaffetilchin Investment Partners LLC purchased a new position in AMN Healthcare Services in the 3rd quarter worth approximately $217,000. Finally, SG Americas Securities LLC boosted its holdings in AMN Healthcare Services by 117.2% in the 2nd quarter. SG Americas Securities LLC now owns 6,277 shares of the company’s stock worth $245,000 after acquiring an additional 3,387 shares during the period.

ILLEGAL ACTIVITY NOTICE: “AMN Healthcare Services (NYSE:AMN) Earns “Buy” Rating from Benchmark” was published by BBNS and is the property of of BBNS. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The original version of this piece of content can be accessed at https://baseballnewssource.com/markets/amn-healthcare-services-amn-given-buy-rating-at-benchmark/1821351.html.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

Receive News & Ratings for AMN Healthcare Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Rumor: Milwaukee Brewers Offer Yu Darvish Contract
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires


Leave a Reply

 
© 2006-2018 BBNS.