AMN Healthcare Services, Inc. (NYSE:AMN) insider Susan R. Salka sold 28,746 shares of the company’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $48.05, for a total value of $1,381,245.30. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
AMN Healthcare Services stock opened at $48.31 on Friday. AMN Healthcare Services, Inc. has a 12 month low of $45.75 and a 12 month high of $68.20. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 14.68, a PEG ratio of 1.30 and a beta of 0.77.
AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, February 14th. The company reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.02. AMN Healthcare Services had a return on equity of 25.86% and a net margin of 6.64%. The business had revenue of $528.60 million during the quarter, compared to analysts’ expectations of $539.25 million. During the same period in the prior year, the firm posted $0.63 EPS. AMN Healthcare Services’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, analysts expect that AMN Healthcare Services, Inc. will post 2.98 earnings per share for the current fiscal year.
AMN has been the subject of several recent analyst reports. Zacks Investment Research downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Monday, November 26th. Sidoti set a $73.00 price target on AMN Healthcare Services and gave the stock a “buy” rating in a research note on Friday, February 15th. ValuEngine downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday, February 15th. Finally, Jefferies Financial Group boosted their price objective on AMN Healthcare Services to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, January 23rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. AMN Healthcare Services has a consensus rating of “Buy” and an average target price of $66.80.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Tennessee Treasury Department grew its position in AMN Healthcare Services by 408.6% during the 4th quarter. State of Tennessee Treasury Department now owns 159,155 shares of the company’s stock worth $9,018,000 after acquiring an additional 127,865 shares during the last quarter. Isthmus Partners LLC boosted its position in AMN Healthcare Services by 11.5% in the 4th quarter. Isthmus Partners LLC now owns 18,911 shares of the company’s stock valued at $1,071,000 after buying an additional 1,952 shares during the last quarter. MetLife Investment Advisors LLC boosted its position in AMN Healthcare Services by 55.0% in the 3rd quarter. MetLife Investment Advisors LLC now owns 33,459 shares of the company’s stock valued at $1,830,000 after buying an additional 11,867 shares during the last quarter. BlackRock Inc. boosted its position in AMN Healthcare Services by 1.3% in the 3rd quarter. BlackRock Inc. now owns 6,782,835 shares of the company’s stock valued at $371,022,000 after buying an additional 88,469 shares during the last quarter. Finally, Cutler Group LP boosted its position in AMN Healthcare Services by 331.6% in the 4th quarter. Cutler Group LP now owns 3,384 shares of the company’s stock valued at $191,000 after buying an additional 2,600 shares during the last quarter. Institutional investors and hedge funds own 97.49% of the company’s stock.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments under the Staff Care and Locum Leaders brands.
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