Benchmark reaffirmed their buy rating on shares of AMN Healthcare Services (NYSE:AMN) in a research note released on Monday morning, Marketbeat.com reports. Benchmark currently has a $60.00 target price on the stock, up from their prior target price of $52.00.

AMN has been the topic of several other reports. ValuEngine raised shares of AMN Healthcare Services from a hold rating to a buy rating in a research note on Wednesday, September 27th. Credit Suisse Group initiated coverage on shares of AMN Healthcare Services in a research note on Tuesday, November 7th. They issued an outperform rating and a $48.00 price target on the stock. KeyCorp initiated coverage on shares of AMN Healthcare Services in a research report on Friday, November 17th. They set an overweight rating and a $50.00 price objective for the company. BMO Capital Markets restated a buy rating and set a $48.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a research report on Sunday, November 12th. Finally, SunTrust Banks restated a buy rating and set a $58.00 price objective on shares of AMN Healthcare Services in a research report on Friday, December 8th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. The company presently has an average rating of Buy and an average price target of $51.00.

AMN Healthcare Services (NYSE AMN) traded down $0.05 during trading hours on Monday, hitting $49.25. 398,504 shares of the stock traded hands, compared to its average volume of 404,563. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2,360.00, a P/E ratio of 20.69 and a beta of 0.47. AMN Healthcare Services has a 12-month low of $33.61 and a 12-month high of $51.75.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The firm had revenue of $494.41 million for the quarter, compared to the consensus estimate of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period last year, the firm posted $0.62 earnings per share. analysts expect that AMN Healthcare Services will post 2.56 earnings per share for the current year.

In related news, insider Susan R. Salka sold 74,456 shares of the firm’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 $10,739,643.46. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andrew M. Stern sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $42.89, for a total transaction 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 136,021 shares of company stock valued at $6,108,554. 2.49% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Acrospire Investment Management LLC increased its position in shares of AMN Healthcare Services by 13.3% during the second quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after acquiring an additional 300 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of AMN Healthcare Services during the second quarter valued at about $105,000. Riverhead Capital Management LLC increased its position in shares of AMN Healthcare Services by 85.2% during the second quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after acquiring an additional 1,363 shares during the last quarter. Jaffetilchin Investment Partners LLC acquired a new stake in shares of AMN Healthcare Services during the third quarter valued at about $217,000. Finally, SG Americas Securities LLC increased its position in shares of AMN Healthcare Services by 117.2% during the second quarter. SG Americas Securities LLC now owns 6,277 shares of the company’s stock valued at $245,000 after acquiring an additional 3,387 shares during the last quarter.

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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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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