AMN Healthcare Services Inc (NYSE:AMN)‘s stock had its “buy” rating reiterated by equities researchers at BMO Capital Markets in a report released on Friday. They currently have a $43.00 price target on the stock. BMO Capital Markets’ price target indicates a potential upside of 15.90% from the stock’s current price.

Several other brokerages have also weighed in on AMN. 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 for the company. Zacks Investment Research raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Monday, May 8th. Finally, ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $44.83.

AMN Healthcare Services (NYSE AMN) opened at 37.10 on Friday. AMN Healthcare Services has a 1-year low of $26.00 and a 1-year high of $43.85. The company’s 50-day moving average price is $37.43 and its 200-day moving average price is $38.68. The stock has a market cap of $1.78 billion, a P/E ratio of 15.65 and a beta of 0.56.

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

ILLEGAL ACTIVITY WARNING: “AMN Healthcare Services Inc (AMN) Given “Buy” Rating at BMO Capital Markets” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.watchlistnews.com/amn-healthcare-services-inc-amn-given-buy-rating-at-bmo-capital-markets/1537054.html.

In other news, Director Mark G. Foletta sold 1,500 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 6,025 shares of the company’s stock, valued at $221,177.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.49% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the stock. Eqis Capital Management Inc. bought a new position in AMN Healthcare Services during the first quarter valued at approximately $587,000. LSV Asset Management bought a new position in AMN Healthcare Services during the first quarter valued at approximately $13,495,000. Chicago Equity Partners LLC bought a new position in AMN Healthcare Services during the first quarter valued at approximately $557,000. State Board of Administration of Florida Retirement System bought a new position in AMN Healthcare Services during the first quarter valued at approximately $1,741,000. Finally, First Trust Advisors LP bought a new position in AMN Healthcare Services during the first quarter valued at approximately $2,543,000.

About AMN Healthcare Services

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)

Receive News & Ratings for AMN Healthcare Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.