AMN Healthcare Services Inc (AMN) Price Target Increased to $43.00 by Analysts at Robert W. Baird
AMN Healthcare Services Inc (NYSE:AMN) had its target price upped by Robert W. Baird from $41.00 to $43.00 in a research note issued to investors on Friday morning. The brokerage currently has an outperform rating on the stock.
A number of other research firms have also commented on AMN. ValuEngine raised AMN Healthcare Services from a hold rating to a buy rating in a research report on Saturday, August 12th. Zacks Investment Research raised AMN Healthcare Services from a hold rating to a buy rating and set a $51.00 price target on the stock in a research report on Tuesday, October 3rd. Benchmark Co. reaffirmed a buy rating and set a $52.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday, October 25th. Finally, BMO Capital Markets reaffirmed a buy rating and set a $43.00 price target on shares of AMN Healthcare Services in a research report on Friday, September 1st. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $46.29.
AMN Healthcare Services (NYSE:AMN) opened at $42.50 on Friday. AMN Healthcare Services has a one year low of $26.00 and a one year high of $46.60. The company has a quick ratio of 1.66, a current ratio of 1.81 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $1,963.44, a PE ratio of 16.12 and a beta of 0.41.
AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The firm had revenue of $494.41 million for the quarter, compared to analyst estimates of $493.89 million. During the same quarter in the prior year, the firm posted $0.62 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis. equities research analysts expect that AMN Healthcare Services will post 2.57 EPS for the current fiscal year.
In other news, insider Ralph Henderson sold 6,906 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $46.00, for a total transaction of $317,676.00. Following the sale, the insider now owns 31,772 shares of the company’s stock, valued at $1,461,512. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.49% of the company’s stock.
Institutional investors have recently made changes to their positions in the stock. Acrospire Investment Management LLC raised its position in AMN Healthcare Services by 13.3% in the 2nd 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 last quarter. Bank of Montreal Can acquired a new stake in AMN Healthcare Services in the 2nd quarter valued at approximately $105,000. SG Americas Securities LLC acquired a new stake in AMN Healthcare Services in the 1st quarter valued at approximately $117,000. Riverhead Capital Management LLC raised its position in AMN Healthcare Services by 85.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after buying an additional 1,363 shares during the last quarter. Finally, Creative Planning acquired a new stake in AMN Healthcare Services in the 2nd quarter valued at approximately $155,000.
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.
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