Zacks Research Has Negative Estimate for AMN Q4 Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Stock analysts at Zacks Research reduced their Q4 2027 earnings estimates for AMN Healthcare Services in a research note issued to investors on Tuesday, December 30th. Zacks Research analyst Team now expects that the company will earn $0.40 per share for the quarter, down from their prior estimate of $0.45. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $1.33 per share.

Several other analysts have also recently issued reports on AMN. Citigroup reiterated a “market outperform” rating on shares of AMN Healthcare Services in a research report on Friday, December 19th. Truist Financial lifted their price objective on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Bank of America dropped their target price on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Wednesday, September 10th. UBS Group lifted their price target on shares of AMN Healthcare Services from $18.00 to $20.50 and gave the company a “neutral” rating in a report on Friday, November 7th. Finally, Wall Street Zen upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $21.42.

AMN Healthcare Services Trading Down 1.6%

Shares of AMN Healthcare Services stock opened at $15.77 on Friday. The company has a fifty day moving average of $17.09 and a 200 day moving average of $18.89. AMN Healthcare Services has a fifty-two week low of $14.86 and a fifty-two week high of $30.49. The company has a market capitalization of $605.73 million, a P/E ratio of -2.19 and a beta of 0.20. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.05 and a current ratio of 1.05.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.20. The business had revenue of $634.50 million for the quarter, compared to analysts’ expectations of $618.08 million. AMN Healthcare Services had a negative net margin of 10.14% and a positive return on equity of 10.89%. The business’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 earnings per share.

Institutional Trading of AMN Healthcare Services

Hedge funds have recently made changes to their positions in the business. Strengthening Families & Communities LLC grew its position in AMN Healthcare Services by 238.5% in the third quarter. Strengthening Families & Communities LLC now owns 1,713 shares of the company’s stock worth $33,000 after acquiring an additional 1,207 shares in the last quarter. Johnson Financial Group Inc. bought a new position in shares of AMN Healthcare Services during the 3rd quarter valued at approximately $63,000. Tower Research Capital LLC TRC increased its position in shares of AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after purchasing an additional 1,020 shares during the last quarter. Covestor Ltd raised its holdings in AMN Healthcare Services by 13.9% during the 3rd quarter. Covestor Ltd now owns 4,747 shares of the company’s stock valued at $92,000 after buying an additional 579 shares during the period. Finally, Strs Ohio bought a new stake in AMN Healthcare Services in the first quarter worth $95,000. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.