AMN Healthcare Services (NYSE:AMN) Issues Quarterly Earnings Results, Beats Estimates By $0.23 EPS

AMN Healthcare Services (NYSE:AMN) issued its quarterly earnings data on Thursday. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.23, Zacks reports. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%.

AMN Healthcare Services Stock Performance

AMN traded up $2.00 during trading on Thursday, reaching $25.84. 2,015,974 shares of the company’s stock were exchanged, compared to its average volume of 839,195. AMN Healthcare Services has a fifty-two week low of $22.47 and a fifty-two week high of $70.07. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27. The business has a 50 day moving average price of $25.42 and a 200 day moving average price of $35.45. The company has a market capitalization of $983.69 million, a P/E ratio of 18.72 and a beta of 0.07.

Analyst Upgrades and Downgrades

AMN has been the topic of a number of recent analyst reports. Jefferies Financial Group dropped their price target on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. Truist Financial lowered their price objective on shares of AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. BMO Capital Markets lowered their price objective on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a research note on Monday, November 11th. JMP Securities restated a “market outperform” rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, February 6th. Finally, William Blair downgraded shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, AMN Healthcare Services has a consensus rating of “Hold” and an average price target of $44.50.

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.