Zacks Research Issues Negative Forecast for AMN Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Equities research analysts at Zacks Research reduced their Q1 2027 earnings estimates for shares of AMN Healthcare Services in a report released on Friday, July 17th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.19 per share for the quarter, down from their previous forecast of $0.20. Zacks Research 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’ Q3 2027 earnings at $0.26 EPS and Q1 2028 earnings at $0.46 EPS.

A number of other research firms also recently weighed in on AMN. Wall Street Zen upgraded AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Weiss Ratings upgraded AMN Healthcare Services from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 17th. Truist Financial increased their price objective on AMN Healthcare Services from $24.00 to $26.00 and gave the company a “buy” rating in a report on Friday, May 8th. UBS Group boosted their target price on shares of AMN Healthcare Services from $19.50 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, Robert W. Baird upped their price target on shares of AMN Healthcare Services from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $27.00.

AMN Healthcare Services Stock Performance

AMN opened at $34.13 on Monday. The business’s 50-day simple moving average is $31.08 and its 200 day simple moving average is $23.59. AMN Healthcare Services has a 52-week low of $14.86 and a 52-week high of $36.27. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.09 and a current ratio of 1.09. The firm has a market capitalization of $1.32 billion, a PE ratio of -39.23, a PEG ratio of 0.78 and a beta of 0.41.

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

Insider Buying and Selling

In related news, Director Mark G. Foletta sold 3,681 shares of AMN Healthcare Services stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $31.07, for a total transaction of $114,368.67. Following the completion of the sale, the director owned 17,917 shares of the company’s stock, valued at approximately $556,681.19. The trade was a 17.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in AMN. Versant Capital Management Inc lifted its position in 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 acquiring an additional 345 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock worth $64,000 after purchasing an additional 1,020 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in AMN Healthcare Services by 2.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock worth $1,050,000 after purchasing an additional 1,153 shares in the last quarter. Swiss National Bank raised its stake in shares of AMN Healthcare Services by 1.9% in the fourth quarter. Swiss National Bank now owns 75,600 shares of the company’s stock worth $1,191,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Creative Planning raised its stake in shares of AMN Healthcare Services by 11.0% in the third quarter. Creative Planning now owns 14,664 shares of the company’s stock worth $284,000 after purchasing an additional 1,451 shares during the last quarter. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Company Profile

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.