Brian M. Scott Sells 20,000 Shares of AMN Healthcare Services Inc (AMN) Stock
AMN Healthcare Services Inc (NYSE:AMN) CFO Brian M. Scott sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $50.19, for a total value of $1,003,800.00. Following the transaction, the chief financial officer now directly owns 56,916 shares of the company’s stock, valued at $2,856,614.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
AMN Healthcare Services Inc (AMN) opened at $49.60 on Friday. The stock has a market capitalization of $2,369.49, a price-to-earnings ratio of 19.45 and a beta of 0.46. AMN Healthcare Services Inc has a 1-year low of $33.05 and a 1-year high of $51.75. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.60.
AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The firm had revenue of $494.41 million during the quarter, compared to analyst estimates of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 earnings per share. analysts predict that AMN Healthcare Services Inc will post 2.56 EPS for the current year.
Several research analysts recently commented on AMN shares. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Credit Suisse Group began coverage on AMN Healthcare Services in a report on Tuesday, November 7th. They issued an “outperform” rating and a $48.00 target price for the company. KeyCorp began coverage on AMN Healthcare Services in a report on Friday, November 17th. They set an “overweight” rating and a $50.00 price target for the company. BMO Capital Markets reiterated a “buy” rating and set a $48.00 price target (up from $47.00) on shares of AMN Healthcare Services in a report on Sunday, November 12th. Finally, Zacks Investment Research cut AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $47.44.
Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. raised its stake in AMN Healthcare Services by 0.6% during the second quarter. BlackRock Inc. now owns 5,679,926 shares of the company’s stock valued at $221,802,000 after buying an additional 32,397 shares in the last quarter. Vanguard Group Inc. raised its stake in AMN Healthcare Services by 0.9% during the second quarter. Vanguard Group Inc. now owns 4,289,538 shares of the company’s stock valued at $167,507,000 after buying an additional 36,632 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in AMN Healthcare Services by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,728,269 shares of the company’s stock valued at $78,981,000 after buying an additional 23,613 shares in the last quarter. Bank of New York Mellon Corp raised its stake in AMN Healthcare Services by 1.3% during the third quarter. Bank of New York Mellon Corp now owns 1,362,806 shares of the company’s stock valued at $62,281,000 after buying an additional 17,777 shares in the last quarter. Finally, State Street Corp raised its position in shares of AMN Healthcare Services by 4.8% during the 2nd quarter. State Street Corp now owns 1,237,418 shares of the company’s stock worth $48,321,000 after purchasing an additional 56,269 shares during the period.
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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