AMN Healthcare Services (NYSE:AMN) Announces Earnings Results

AMN Healthcare Services (NYSE:AMN) announced its quarterly earnings data on Thursday. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23, Zacks reports. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%.

AMN Healthcare Services Trading Up 8.4 %

AMN stock traded up $2.00 during midday trading on Thursday, hitting $25.84. 2,047,555 shares of the company’s stock were exchanged, compared to its average volume of 839,195. The stock’s fifty day moving average price is $25.42 and its 200-day moving average price is $35.45. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market cap of $983.69 million, a PE ratio of 18.72 and a beta of 0.07. AMN Healthcare Services has a one year low of $22.47 and a one year high of $70.07.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Truist Financial decreased their price objective on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Jefferies Financial Group decreased their price objective on AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, November 13th. JMP Securities reiterated a “market outperform” rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, February 6th. William Blair lowered AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, BMO Capital Markets reduced their price target on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a research report on Monday, November 11th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $44.50.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.