AMN Healthcare Services (NYSE:AMN) had its price objective lifted by Robert W. Baird from $43.00 to $60.00 in a research note issued on Friday. The brokerage currently has a “positive” rating on the stock. Robert W. Baird’s price objective would indicate a potential upside of 6.19% from the company’s current price.
Several other equities research analysts have also commented on AMN. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Jefferies Group began coverage on AMN Healthcare Services in a research note on Thursday, February 1st. They set a “buy” rating and a $66.00 price target for the company. Benchmark restated a “buy” rating and set a $52.00 price target (up from $47.00) on shares of AMN Healthcare Services in a research note on Wednesday, October 25th. KeyCorp began coverage on AMN Healthcare Services in a research note on Friday, November 17th. They set an “overweight” rating and a $50.00 price target for the company. Finally, BMO Capital Markets restated a “buy” rating and set a $54.00 price target on shares of AMN Healthcare Services in a research note on Monday, January 22nd. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. AMN Healthcare Services currently has an average rating of “Buy” and an average price target of $56.40.
Shares of AMN Healthcare Services (AMN) opened at $56.50 on Friday. The company has a market capitalization of $2,700.00, a PE ratio of 14.20 and a beta of 0.51. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81. AMN Healthcare Services has a 12 month low of $34.71 and a 12 month high of $57.75.
AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.63 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.63. The company had revenue of $509.10 million during the quarter, compared to analyst estimates of $501.64 million. AMN Healthcare Services had a return on equity of 24.94% and a net margin of 6.67%. The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.62 earnings per share. sell-side analysts anticipate that AMN Healthcare Services will post 2.87 EPS for the current fiscal year.
In other news, insider Susan R. Salka sold 95,219 shares of the stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $49.35, for a total value of $4,699,057.65. Following the completion of the sale, the insider now owns 222,168 shares in the company, valued at $10,963,990.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ralph Henderson sold 8,219 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $55.00, for a total value of $452,045.00. Following the completion of the sale, the insider now owns 21,833 shares of the company’s stock, valued at approximately $1,200,815. The disclosure for this sale can be found here. In the last quarter, insiders sold 169,588 shares of company stock valued at $8,492,501. Insiders own 2.49% of the company’s stock.
Several hedge funds have recently bought and sold shares of AMN. Raymond James Financial Services Advisors Inc. purchased a new position in AMN Healthcare Services in the fourth quarter valued at about $206,000. Creative Planning purchased a new position in AMN Healthcare Services in the fourth quarter valued at about $209,000. M&T Bank Corp purchased a new position in AMN Healthcare Services in the fourth quarter valued at about $210,000. Shelton Capital Management purchased a new position in AMN Healthcare Services in the fourth quarter valued at about $212,000. Finally, Polen Capital Management LLC purchased a new position in AMN Healthcare Services in the fourth quarter valued at about $223,000.
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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.
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