AMN Healthcare Services (NYSE:AMN) Shares Up 8.6% – Here’s Why

AMN Healthcare Services Inc (NYSE:AMNGet Free Report) was up 8.6% during mid-day trading on Wednesday . The stock traded as high as $16.44 and last traded at $16.6340. Approximately 83,679 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 746,227 shares. The stock had previously closed at $15.32.

Key Stories Impacting AMN Healthcare Services

Here are the key news stories impacting AMN Healthcare Services this week:

  • Positive Sentiment: BMO Capital Markets raised its price target to $25 and maintained an “outperform” view, signaling renewed analyst confidence and providing potential upside support. BMO price-target raise
  • Positive Sentiment: Zacks Research raised its Q1 2027 EPS estimate to $0.38 (from $0.30), suggesting better near-term profitability than previously expected; this can be supportive for the next reported quarter.
  • Positive Sentiment: Zacks also nudged up its Q3 2026 EPS estimate to $0.20 (from $0.18), another modestly constructive revision for the company’s medium-term outlook.
  • Neutral Sentiment: AMN experienced a very large one-day jump (~27.6%) on above-average volume recently, adding momentum but increasing volatility and the chance of short-term pullbacks. Zacks notes that the pattern of estimate revisions does not clearly imply sustained upside. Zacks note on the jump
  • Neutral Sentiment: Analysts’ consensus full-year EPS remains near $1.33 and Zacks maintains a “Hold” rating, indicating mixed expectations among sell-side firms about sustainable recovery in revenue/profit growth.
  • Neutral Sentiment: Benzinga/The Fly and other outlets have published analyst-roundup and deep-dive pieces summarizing varied views, which can amplify intraday trading but don’t change fundamentals immediately. Benzinga analyst deep dive
  • Negative Sentiment: Zacks cut its Q3 2027 EPS forecast sharply to $0.19 from $0.27, a notable downward revision that raises concerns about upcoming quarter performance and likely weighs on sentiment until clearer revenue/booking trends reappear.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Truist Financial lifted their price target on AMN Healthcare Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. UBS Group lifted their target price on shares of AMN Healthcare Services from $18.00 to $20.50 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Zacks Research upgraded shares of AMN Healthcare Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Citizens Jmp lowered their price objective on shares of AMN Healthcare Services from $24.00 to $22.00 and set a “market outperform” rating on the stock in a research report on Friday, December 19th. Finally, BMO Capital Markets increased their target price on AMN Healthcare Services from $22.00 to $25.00 and gave the company an “outperform” rating in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $22.36.

Check Out Our Latest Stock Analysis on AMN Healthcare Services

AMN Healthcare Services Price Performance

The stock has a market capitalization of $732.86 million, a price-to-earnings ratio of -2.65 and a beta of 0.20. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.31. The company’s 50-day simple moving average is $16.34 and its 200 day simple moving average is $18.52.

AMN Healthcare Services (NYSE:AMNGet Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.20. The company had revenue of $634.50 million for the quarter, compared to analyst estimates 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 company’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.61 earnings per share. Equities research analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC boosted its position in shares of AMN Healthcare Services by 33.3% in the fourth quarter. FNY Investment Advisers LLC now owns 8,000 shares of the company’s stock valued at $126,000 after acquiring an additional 2,000 shares during the period. Thompson Investment Management Inc. increased its position in AMN Healthcare Services by 24.3% during the fourth quarter. Thompson Investment Management Inc. now owns 443,113 shares of the company’s stock worth $6,983,000 after acquiring an additional 86,579 shares during the period. Exchange Traded Concepts LLC raised its stake in AMN Healthcare Services by 11.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 33,834 shares of the company’s stock valued at $533,000 after purchasing an additional 3,611 shares during the last quarter. SG Americas Securities LLC boosted its holdings in AMN Healthcare Services by 31.5% in the 4th quarter. SG Americas Securities LLC now owns 66,475 shares of the company’s stock valued at $1,048,000 after purchasing an additional 15,914 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in AMN Healthcare Services by 7.5% in the 4th quarter. Assenagon Asset Management S.A. now owns 34,790 shares of the company’s stock worth $548,000 after purchasing an additional 2,417 shares during the last quarter. 99.23% of the stock is owned by institutional investors.

AMN Healthcare Services Company Profile

(Get Free Report)

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.

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