BMO Capital Markets restated their buy rating on shares of AMN Healthcare Services Inc (NYSE:AMN) in a research note published on Sunday morning. They currently have a $48.00 target price on the stock, up from their prior target price of $47.00.

Several other equities analysts have also recently commented on AMN. Credit Suisse Group began coverage on shares of AMN Healthcare Services in a report on Tuesday, November 7th. They set an outperform rating and a $48.00 price target on the stock. ValuEngine upgraded shares of AMN Healthcare Services from a hold rating to a buy rating in a report on Saturday, August 12th. Zacks Investment Research cut shares of AMN Healthcare Services from a buy rating to a hold rating in a report on Wednesday, October 4th. Benchmark Co. restated a buy rating and set a $52.00 price target (up from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. Finally, Robert W. Baird upped their price objective on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the stock an outperform rating in a report on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of $47.13.

AMN Healthcare Services (AMN) opened at $43.25 on Friday. AMN Healthcare Services has a 52-week low of $30.80 and a 52-week high of $46.60. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81. The firm has a market cap of $2,106.76, a P/E ratio of 17.29 and a beta of 0.41.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The firm had revenue of $494.41 million for the quarter, compared to analysts’ expectations of $493.89 million. During the same period in the previous year, the company posted $0.62 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. equities analysts anticipate that AMN Healthcare Services will post 2.57 earnings per share for the current year.

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In related news, Director Andrew M. Stern sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $42.89, for a total value of $428,900.00. Following the sale, the director now owns 6,668 shares of the company’s stock, valued at $285,990.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Susan R. Salka sold 74,456 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the completion of the sale, the insider now directly owns 256,561 shares in the company, valued at approximately $10,739,643.46. The disclosure for this sale can be found here. In the last three months, insiders sold 91,362 shares of company stock worth $3,863,304. 2.49% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of AMN. Vanguard Group Inc. bought a new stake in AMN Healthcare Services during the first quarter worth about $172,667,000. State Street Corp bought a new stake in shares of AMN Healthcare Services during the first quarter valued at approximately $47,957,000. Hermes Investment Management Ltd. bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $41,404,000. Aberdeen Asset Management PLC UK bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $33,090,000. Finally, Wells Fargo & Company MN bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $26,920,000.

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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