AMN Healthcare Services (NYSE:AMN – Get Free Report) released its quarterly earnings results on Thursday. The company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.50, FiscalAI reports. AMN Healthcare Services had a positive return on equity of 18.59% and a negative net margin of 0.95%.The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the company posted $0.45 earnings per share. The business’s revenue was up 99.9% on a year-over-year basis.
Here are the key takeaways from AMN Healthcare Services’ conference call:
- AMN reported Q1 revenue of $1.38 billion, adjusted EBITDA of $166 million and a 26.8% gross margin, driven largely by successful support of multiple large labor‑disruption and rapid‑response events.
- Management warned labor‑disruption revenue is unpredictable and largely non‑recurring, and Q2 guidance steps down to $620–$635 million with adjusted EBITDA margin of 6.7%–7.2%, implying material normalization from Q1.
- Core operations improved ex‑disruption: Nurse & Allied ex‑event revenue rose 8% Y/Y, travel nurse revenue was up 13% Y/Y, Allied +3%, and international staffing returned to year‑over‑year growth.
- Pressure remains in other segments—Physician & Leadership Solutions revenue was down ~6% Y/Y (locums volume softer) and Technology & Workforce Solutions was down 15% Y/Y (10% ex‑divestiture), with language services facing pricing pressure despite margin gains from a new delivery model.
- The balance sheet strengthened (cash of $561 million and leverage of 1.6x at quarter end), though a large portion of cash reflected client deposits being refunded; management expects leverage ≤2x for the remainder of the year.
AMN Healthcare Services Stock Performance
NYSE:AMN traded up $6.40 during mid-day trading on Friday, reaching $28.85. The stock had a trading volume of 3,819,331 shares, compared to its average volume of 767,343. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of -33.16, a PEG ratio of 0.93 and a beta of 0.30. AMN Healthcare Services has a twelve month low of $14.86 and a twelve month high of $29.00. The business has a 50 day simple moving average of $19.67 and a 200 day simple moving average of $18.49.
AMN Healthcare Services News Summary
- Positive Sentiment: AMN Healthcare reported first-quarter earnings and revenue that beat estimates, with adjusted EPS surging and revenue nearly doubling from a year ago. Article Title
- Positive Sentiment: The company said Q1 results were helped by stronger labor-disruption demand and staffing gains, suggesting improved operating trends. Article Title
- Positive Sentiment: AMN was added to Zacks’ Strong Buy and Rank #1 value stock lists, which may reinforce bullish investor interest. Article Title
- Neutral Sentiment: AMN updated second-quarter revenue guidance to $620 million-$635 million, which is broadly near analyst expectations and does not appear to be a major surprise. Article Title
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the company. Zacks Research raised AMN Healthcare Services from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, January 21st. Citigroup reissued an “outperform” rating on shares of AMN Healthcare Services in a report on Monday, February 23rd. BMO Capital Markets raised their price target on AMN Healthcare Services from $22.00 to $25.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Robert W. Baird raised their price objective on shares of AMN Healthcare Services from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $22.93.
View Our Latest Stock Analysis on AMN Healthcare Services
Institutional Investors Weigh In On AMN Healthcare Services
A number of hedge funds have recently added to or reduced their stakes in AMN. Summit Securities Group LLC acquired a new stake in AMN Healthcare Services in the fourth quarter valued at about $32,000. Johnson Financial Group Inc. acquired a new stake in shares of AMN Healthcare Services during the 3rd quarter valued at approximately $63,000. Tower Research Capital LLC TRC lifted its position in shares of AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after acquiring an additional 1,020 shares during the period. Strs Ohio acquired a new stake in shares of AMN Healthcare Services during the 1st quarter valued at approximately $95,000. Finally, Osaic Holdings Inc. lifted its position in shares of AMN Healthcare Services by 55.9% during the 2nd quarter. Osaic Holdings Inc. now owns 5,527 shares of the company’s stock valued at $114,000 after acquiring an additional 1,981 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.
AMN Healthcare Services Company Profile
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.
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