Shares of AMN Healthcare Services Inc (NYSE:AMN) have received an average rating of “Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $45.80.

AMN has been the topic of a number of research reports. Zacks Investment Research raised AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a report on Tuesday, July 4th. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. Finally, Wells Fargo & Company initiated coverage on AMN Healthcare Services in a report on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 price objective on the stock.

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Shares of AMN Healthcare Services (NYSE:AMN) traded down 0.40% on Wednesday, hitting $37.60. 122,396 shares of the stock traded hands. AMN Healthcare Services has a 12-month low of $26.00 and a 12-month high of $43.85. The stock has a 50-day moving average price of $37.39 and a 200 day moving average price of $38.68. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 15.86 and a beta of 0.56.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. AMN Healthcare Services had a return on equity of 26.83% and a net margin of 6.01%. The firm had revenue of $489.80 million for the quarter, compared to analyst estimates of $489.79 million. During the same period in the prior year, the firm posted $0.61 EPS. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. On average, analysts anticipate that AMN Healthcare Services will post $3.12 earnings per share for the current fiscal year.

In other news, Director Mark G. Foletta sold 1,500 shares of the stock in a transaction on Tuesday, June 13th. The stock was sold at an average price of $36.71, for a total transaction of $55,065.00. Following the sale, the director now directly owns 6,025 shares of the company’s stock, valued at approximately $221,177.75. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.49% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. FNY Partners Fund LP bought a new stake in AMN Healthcare Services during the first quarter valued at about $101,000. Acrospire Investment Management LLC raised its stake in AMN Healthcare Services by 13.3% in the second quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after buying an additional 300 shares during the period. Meadow Creek Investment Management LLC bought a new stake in AMN Healthcare Services during the first quarter valued at about $104,000. Bank of Montreal Can bought a new stake in AMN Healthcare Services during the second quarter valued at about $105,000. Finally, SG Americas Securities LLC bought a new stake in AMN Healthcare Services during the first quarter valued at about $117,000.

AMN Healthcare Services Company Profile

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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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