AMN Healthcare Services (NYSE:AMN) Stock Crosses Below 50 Day Moving Average – Should You Sell?

AMN Healthcare Services Inc (NYSE:AMN) crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $38.19 and traded as low as $35.53. AMN Healthcare Services shares last traded at $35.7530, with a volume of 1,855,562 shares traded.

Key Headlines Impacting AMN Healthcare Services

Here are the key news stories impacting AMN Healthcare Services this week:

• Positive Sentiment: Q3 results beat estimates: Adjusted EPS was $1.16 versus consensus of about $0.23, and revenue of $717.3 million exceeded the $649.6 million estimate. Revenue rose 13% year over year. AMN Healthcare Q3 results
• Positive Sentiment: Revenue guidance topped consensus: AMN forecast fourth-quarter 2026 revenue of $655 million–$670 million, above analysts’ $651.7 million estimate. Q3 results and outlook
• Positive Sentiment: Analyst turned more bullish: Citizens JMP raised its AMN price target from $40 to $51 and maintained a “market outperform” rating. Citizens JMP rating

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. UBS Group lifted their price objective on AMN Healthcare Services from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 18th. Truist Financial increased their price target on shares of AMN Healthcare Services from $26.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Bank of America restated an “underperform” rating on shares of AMN Healthcare Services in a report on Friday. Finally, BMO Capital Markets increased their target price on shares of AMN Healthcare Services from $40.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $38.33.

AMN Healthcare Services Stock Down 24.6%

The firm’s 50-day simple moving average is $38.19 and its two-hundred day simple moving average is $29.07. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 1.57 and a beta of 0.42. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.13 and a quick ratio of 1.13.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.93. The business had revenue of $717.27 million during the quarter, compared to the consensus estimate of $649.55 million. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. AMN Healthcare Services’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 EPS. Sell-side analysts predict that AMN Healthcare Services Inc will post 3.32 EPS for the current fiscal year.

Hedge Funds Weigh In On AMN Healthcare Services

A number of large investors have recently bought and sold shares of the company. Heritage Family Offices LLP bought a new stake in shares of AMN Healthcare Services in the 3rd quarter worth approximately $37,000. Versant Capital Management Inc grew its holdings in shares of AMN Healthcare Services by 41.8% during the second quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock valued at $38,000 after buying an additional 345 shares during the last quarter. IFP Advisors Inc increased its stake in AMN Healthcare Services by 849.6% in the 2nd quarter. IFP Advisors Inc now owns 1,282 shares of the company’s stock worth $41,000 after acquiring an additional 1,147 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in AMN Healthcare Services in the second quarter worth about $49,000. Finally, Fulcrum Asset Management LLP bought a new stake in shares of AMN Healthcare Services in the third quarter worth about $56,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc is a healthcare workforce solutions and technology company that helps hospitals, health systems, medical practices and other healthcare organizations recruit, deploy and manage clinical and nonclinical personnel. The company operates through a portfolio of staffing, workforce management and language-services businesses.

Its services include temporary and permanent placement of registered nurses, allied healthcare professionals and physicians, as well as locum tenens staffing for doctors and advanced practice professionals.