Zacks Research Issues Negative Estimate for AMN Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Investment analysts at Zacks Research decreased their Q1 2027 earnings per share estimates for shares of AMN Healthcare Services in a research note issued to investors on Thursday, July 9th. Zacks Research analyst Team now expects that the company will earn $0.20 per share for the quarter, down from their prior estimate of $0.23. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $2.70 per share. Zacks Research also issued estimates for AMN Healthcare Services’ Q4 2027 earnings at $0.45 EPS.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, May 7th. The company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.50. AMN Healthcare Services had a positive return on equity of 18.01% and a negative net margin of 0.95%.The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the company posted $0.45 EPS. AMN Healthcare Services’s quarterly revenue was up 99.9% compared to the same quarter last year.

A number of other brokerages have also issued reports on AMN. BMO Capital Markets raised their price objective on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, May 11th. Citizens Jmp restated a “market outperform” rating and issued a $36.00 price target on shares of AMN Healthcare Services in a research report on Tuesday, June 23rd. Truist Financial raised their price target on shares of AMN Healthcare Services from $24.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Citigroup reiterated a “market outperform” rating on shares of AMN Healthcare Services in a report on Tuesday, June 23rd. Finally, Robert W. Baird boosted their price objective on shares of AMN Healthcare Services from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $27.00.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $31.57 on Friday. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of -36.29, a PEG ratio of 0.74 and a beta of 0.41. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.04. The business’s 50-day moving average price is $29.62 and its 200-day moving average price is $22.59. AMN Healthcare Services has a 12 month low of $14.86 and a 12 month high of $36.27.

Insider Activity at AMN Healthcare Services

In related news, Director Mark G. Foletta sold 3,681 shares of AMN Healthcare Services stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $31.07, for a total value of $114,368.67. Following the transaction, the director directly owned 17,917 shares of the company’s stock, valued at $556,681.19. The trade was a 17.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.07% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Versant Capital Management Inc boosted its stake in shares of AMN Healthcare Services by 41.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock valued at $38,000 after purchasing an additional 345 shares during the last quarter. Summit Securities Group LLC bought a new position in AMN Healthcare Services during the fourth quarter worth $32,000. China Universal Asset Management Co. Ltd. lifted its holdings in AMN Healthcare Services by 200.0% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock valued at $47,000 after buying an additional 2,000 shares during the period. Tower Research Capital LLC TRC lifted its holdings in AMN Healthcare Services by 49.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after buying an additional 1,020 shares during the period. Finally, Johnson Financial Group Inc. bought a new stake in AMN Healthcare Services during the third quarter valued at $63,000. Institutional investors own 99.23% of the company’s stock.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.