Q1 2018 Earnings Forecast for AMN Healthcare Services, Inc. Issued By William Blair (AMN)
AMN Healthcare Services, Inc. (NYSE:AMN) – Equities researchers at William Blair upped their Q1 2018 earnings per share estimates for AMN Healthcare Services in a report released on Thursday. William Blair analyst T. Mchugh now forecasts that the company will post earnings of $0.79 per share for the quarter, up from their previous estimate of $0.68. William Blair also issued estimates for AMN Healthcare Services’ Q3 2018 earnings at $0.80 EPS, Q4 2018 earnings at $0.84 EPS, Q1 2019 earnings at $0.86 EPS, Q2 2019 earnings at $0.84 EPS, Q3 2019 earnings at $0.88 EPS and Q4 2019 earnings at $0.92 EPS.
AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, February 15th. The company reported $0.63 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.63. AMN Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The business had revenue of $509.10 million for the quarter, compared to analysts’ expectations of $501.64 million. During the same quarter last year, the firm earned $0.62 earnings per share. The business’s revenue was up 4.3% on a year-over-year basis.
Shares of AMN Healthcare Services (AMN) opened at $56.50 on Monday. AMN Healthcare Services has a fifty-two week low of $34.71 and a fifty-two week high of $57.75. The company has a current ratio of 1.79, a quick ratio of 1.81 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $2,692.70, a price-to-earnings ratio of 22.07 and a beta of 0.51.
In other AMN Healthcare Services news, Director Mark G. Foletta sold 2,500 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $47.03, for a total value of $117,575.00. Following the transaction, the director now directly owns 3,525 shares of the company’s stock, valued at $165,780.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ralph Henderson sold 15,272 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $49.00, for a total value of $748,328.00. Following the completion of the transaction, the insider now directly owns 16,500 shares in the company, valued at $808,500. The disclosure for this sale can be found here. Insiders sold 169,588 shares of company stock worth $8,492,501 in the last quarter. 2.49% of the stock is owned by insiders.
A number of large investors have recently added to or reduced their stakes in AMN. MetLife Investment Advisors LLC purchased a new stake in shares of AMN Healthcare Services during the fourth quarter worth about $1,063,000. Stone Ridge Asset Management LLC purchased a new stake in shares of AMN Healthcare Services during the fourth quarter worth about $802,000. Guggenheim Capital LLC increased its position in shares of AMN Healthcare Services by 13.3% during the fourth quarter. Guggenheim Capital LLC now owns 81,366 shares of the company’s stock worth $4,008,000 after acquiring an additional 9,546 shares during the last quarter. Deutsche Bank AG increased its position in shares of AMN Healthcare Services by 79.5% during the fourth quarter. Deutsche Bank AG now owns 124,951 shares of the company’s stock worth $6,151,000 after acquiring an additional 55,329 shares during the last quarter. Finally, Advisor Group Inc. increased its position in shares of AMN Healthcare Services by 29.3% during the fourth quarter. Advisor Group Inc. now owns 6,331 shares of the company’s stock worth $311,000 after acquiring an additional 1,434 shares during the last quarter.
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.
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