Zacks Research Issues Negative Forecast for AMN Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Analysts at Zacks Research lowered their Q1 2027 earnings per share estimates for AMN Healthcare Services in a research report issued to clients and investors on Friday, July 17th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.19 for the quarter, down from their previous estimate of $0.20. 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’ Q3 2027 earnings at $0.26 EPS and Q1 2028 earnings at $0.46 EPS.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results 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 business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.23 billion. AMN Healthcare Services had a positive return on equity of 18.01% and a negative net margin of 0.95%.The business’s quarterly revenue was up 99.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 EPS.

A number of other brokerages have also recently weighed in on AMN. Robert W. Baird boosted their price objective on AMN Healthcare Services from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. BMO Capital Markets raised their target price on shares of AMN Healthcare Services from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, June 17th. UBS Group upped their price target on shares of AMN Healthcare Services from $19.50 to $32.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded shares of AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 16th. Four equities 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 company. Based on data from MarketBeat.com, AMN Healthcare Services presently has an average rating of “Hold” and an average target price of $27.00.

AMN Healthcare Services Trading Down 3.7%

NYSE:AMN opened at $33.72 on Monday. The company has a market capitalization of $1.31 billion, a PE ratio of -38.76, a P/E/G ratio of 0.80 and a beta of 0.41. AMN Healthcare Services has a 52-week low of $14.86 and a 52-week high of $36.27. The stock’s 50 day moving average price is $30.99 and its 200 day moving average price is $23.46. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.04.

Institutional Investors Weigh In On AMN Healthcare Services

Several hedge funds have recently modified their holdings of AMN. Versant Capital Management Inc grew its stake 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 purchasing an additional 345 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of 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 purchasing an additional 1,020 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in AMN Healthcare Services by 2.8% in 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 during the last quarter. Swiss National Bank raised its position in AMN Healthcare Services by 1.9% in the 4th 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 lifted its holdings in AMN Healthcare Services by 11.0% during the 3rd quarter. Creative Planning now owns 14,664 shares of the company’s stock worth $284,000 after buying an additional 1,451 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AMN Healthcare Services

In other news, Director Mark G. Foletta sold 3,681 shares of AMN Healthcare Services stock in a transaction that occurred on 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 directly owned 17,917 shares in the company, valued at approximately $556,681.19. This trade represents a 17.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 owned by company insiders.

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.