AMN Healthcare Services (NYSE:AMN) Given New $46.00 Price Target at BMO Capital Markets

AMN Healthcare Services (NYSE:AMN) had its price objective trimmed by BMO Capital Markets from $50.00 to $46.00 in a research report report published on Monday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other equities analysts also recently issued reports on the company. StockNews.com downgraded AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Truist Financial decreased their target price on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday. JMP Securities decreased their target price on AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating on the stock in a research report on Tuesday, October 22nd. William Blair downgraded AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, AMN Healthcare Services presently has an average rating of “Hold” and a consensus price target of $52.60.

AMN Healthcare Services Trading Down 4.3 %

Shares of NYSE:AMN opened at $27.80 on Monday. The business’s 50-day moving average is $42.13 and its 200 day moving average is $50.96. AMN Healthcare Services has a 1 year low of $26.77 and a 1 year high of $80.22. The firm has a market capitalization of $1.06 billion, a P/E ratio of 20.15 and a beta of 0.13. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.23 and a quick ratio of 1.23.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. The business had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a return on equity of 17.35% and a net margin of 1.73%. During the same period in the prior year, the company earned $1.97 earnings per share. On average, research analysts predict that AMN Healthcare Services will post 3.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm’s stock in a transaction that occurred on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the transaction, the chief financial officer now owns 37,550 shares in the company, valued at $1,385,595. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.93% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AMN Healthcare Services

Hedge funds have recently bought and sold shares of the stock. Mather Group LLC. purchased a new position in AMN Healthcare Services during the second quarter worth $31,000. Nisa Investment Advisors LLC increased its position in AMN Healthcare Services by 41.4% during the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock worth $38,000 after buying an additional 219 shares in the last quarter. GAMMA Investing LLC increased its position in AMN Healthcare Services by 232.4% during the second quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock worth $59,000 after buying an additional 811 shares in the last quarter. Farther Finance Advisors LLC increased its position in AMN Healthcare Services by 455.0% during the third quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after buying an additional 1,224 shares in the last quarter. Finally, Innealta Capital LLC purchased a new position in AMN Healthcare Services during the second quarter worth $65,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

About AMN Healthcare Services

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.