Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have received an average rating of “Buy” from the eleven analysts that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $66.25.

A number of equities research analysts have issued reports on AMN shares. Jefferies Financial Group set a $68.00 price objective on shares of AMN Healthcare Services and gave the stock a “buy” rating in a research report on Friday, September 28th. ValuEngine downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, September 12th. Stephens started coverage on shares of AMN Healthcare Services in a research report on Tuesday, October 2nd. They issued an “equal weight” rating for the company. Berenberg Bank started coverage on shares of AMN Healthcare Services in a research report on Thursday, October 4th. They issued a “buy” rating and a $70.00 price objective for the company. Finally, Zacks Investment Research downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Monday, November 26th.

Shares of NYSE:AMN traded down $0.07 during midday trading on Friday, hitting $59.24. 5,239 shares of the company’s stock were exchanged, compared to its average volume of 531,119. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 1.58. The company has a market cap of $2.62 billion, a PE ratio of 23.05, a PEG ratio of 1.23 and a beta of 0.69. AMN Healthcare Services has a 12 month low of $47.05 and a 12 month high of $68.20.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Wednesday, October 31st. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.76 by $0.08. AMN Healthcare Services had a net margin of 6.96% and a return on equity of 25.32%. The company had revenue of $526.84 million during the quarter, compared to the consensus estimate of $526.90 million. During the same period in the previous year, the firm posted $0.63 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities research analysts expect that AMN Healthcare Services will post 3.27 earnings per share for the current fiscal year.

In other AMN Healthcare Services news, insider Susan R. Salka sold 39,552 shares of the business’s stock in a transaction dated Tuesday, January 8th. The shares were sold at an average price of $57.90, for a total value of $2,290,060.80. Following the transaction, the insider now directly owns 197,707 shares in the company, valued at $11,447,235.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Denise L. Jackson sold 2,800 shares of the business’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $64.48, for a total transaction of $180,544.00. Following the completion of the transaction, the insider now owns 20,152 shares in the company, valued at $1,299,400.96. The disclosure for this sale can be found here. Insiders sold a total of 71,805 shares of company stock valued at $4,271,455 over the last ninety days. 2.18% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC boosted its stake in AMN Healthcare Services by 15.2% in the second quarter. FMR LLC now owns 1,026,700 shares of the company’s stock valued at $60,165,000 after acquiring an additional 135,300 shares during the last quarter. Northern Trust Corp boosted its stake in AMN Healthcare Services by 8.8% in the second quarter. Northern Trust Corp now owns 674,253 shares of the company’s stock valued at $39,511,000 after acquiring an additional 54,499 shares during the last quarter. Palouse Capital Management Inc. purchased a new position in AMN Healthcare Services in the third quarter valued at about $200,000. BlackRock Inc. boosted its stake in AMN Healthcare Services by 1.3% in the third quarter. BlackRock Inc. now owns 6,782,835 shares of the company’s stock valued at $371,022,000 after acquiring an additional 88,469 shares during the last quarter. Finally, Scout Investments Inc. boosted its stake in AMN Healthcare Services by 2.3% in the third quarter. Scout Investments Inc. now owns 112,924 shares of the company’s stock valued at $6,177,000 after acquiring an additional 2,579 shares during the last quarter.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The company operates through the following segments: Nurse and Allied Healthcare Staffing, Locum Tenens Staffing and Physician Permanent Placement Services.

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Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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