Shares of AMN Healthcare Services Inc (NYSE:AMN) have been assigned a consensus recommendation of “Buy” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $45.00.

Several research firms have commented on AMN. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. BMO Capital Markets reissued a “buy” rating and issued a $43.00 target price on shares of AMN Healthcare Services in a report on Friday, September 1st. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, Wells Fargo & Company began coverage on AMN Healthcare Services in a report on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 target price on the stock.

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Several large investors have recently made changes to their positions in the company. Alps Advisors Inc. lifted its holdings in shares of AMN Healthcare Services by 0.3% during the second quarter. Alps Advisors Inc. now owns 11,736 shares of the company’s stock valued at $458,000 after purchasing an additional 30 shares in the last quarter. Pinebridge Investments L.P. lifted its holdings in shares of AMN Healthcare Services by 1.4% during the second quarter. Pinebridge Investments L.P. now owns 6,312 shares of the company’s stock valued at $246,000 after purchasing an additional 87 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of AMN Healthcare Services by 0.4% during the second quarter. Arizona State Retirement System now owns 24,996 shares of the company’s stock valued at $976,000 after purchasing an additional 100 shares in the last quarter. Cipher Capital LP lifted its holdings in shares of AMN Healthcare Services by 0.6% during the second quarter. Cipher Capital LP now owns 38,511 shares of the company’s stock valued at $1,504,000 after purchasing an additional 237 shares in the last quarter. Finally, Suntrust Banks Inc. lifted its holdings in shares of AMN Healthcare Services by 3.1% during the second quarter. Suntrust Banks Inc. now owns 9,353 shares of the company’s stock valued at $364,000 after purchasing an additional 279 shares in the last quarter. 99.95% of the stock is currently owned by hedge funds and other institutional investors.

AMN Healthcare Services (AMN) traded up 1.16% during midday trading on Friday, reaching $39.25. The company had a trading volume of 643,792 shares. AMN Healthcare Services has a 12-month low of $26.00 and a 12-month high of $43.85. The stock has a market capitalization of $1.88 billion, a PE ratio of 16.56 and a beta of 0.47. The company has a 50-day moving average of $37.53 and a 200-day moving average of $38.50.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.07. AMN Healthcare Services had a return on equity of 26.83% and a net margin of 6.01%. The business had revenue of $489.80 million for the quarter, compared to the consensus estimate of $489.79 million. During the same period in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. On average, analysts predict that AMN Healthcare Services will post $3.12 EPS for the current fiscal year.

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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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