AMN Healthcare Services Inc (AMN) Now Covered by Analysts at KeyCorp

KeyCorp assumed coverage on shares of AMN Healthcare Services Inc (NYSE:AMN) in a research note published on Friday morning. The brokerage issued an overweight rating and a $50.00 price objective on the stock.

Several other analysts also recently weighed in on the company. BMO Capital Markets reissued a buy rating and issued a $48.00 target price (up from $47.00) on shares of AMN Healthcare Services in a report on Sunday, November 12th. Credit Suisse Group began coverage on AMN Healthcare Services in a report on Tuesday, November 7th. They issued an outperform rating and a $48.00 target price for the company. Robert W. Baird boosted their target price on AMN Healthcare Services from $41.00 to $43.00 and gave the company an outperform rating in a report on Friday, November 3rd. Benchmark Co. reissued a buy rating and issued a $52.00 target price (up from $47.00) on shares of AMN Healthcare Services in a report on Wednesday, October 25th. Finally, Zacks Investment Research downgraded AMN Healthcare Services from a buy rating to a hold rating in a research note on Wednesday, October 4th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of $47.44.

AMN Healthcare Services (AMN) traded up $0.65 during trading on Friday, hitting $44.30. The stock had a trading volume of 454,180 shares, compared to its average volume of 565,470. AMN Healthcare Services has a fifty-two week low of $32.95 and a fifty-two week high of $46.60. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81. The stock has a market cap of $2,090.00, a P/E ratio of 16.96 and a beta of 0.41.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, November 2nd. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The business had revenue of $494.41 million during the quarter, compared to the consensus estimate of $493.89 million. During the same period in the previous year, the business earned $0.62 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. sell-side analysts forecast that AMN Healthcare Services will post 2.57 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: “AMN Healthcare Services Inc (AMN) Now Covered by Analysts at KeyCorp” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://ledgergazette.com/2017/11/18/amn-healthcare-services-inc-amn-now-covered-by-analysts-at-keycorp.html.

In other news, insider Susan R. Salka sold 74,456 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the completion of the transaction, the insider now directly owns 256,561 shares of the company’s stock, valued at approximately $10,739,643.46. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Ralph Henderson sold 6,906 shares of the stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total value of $317,676.00. Following the transaction, the insider now directly owns 31,772 shares of the company’s stock, valued at $1,461,512. The disclosure for this sale can be found here. Over the last three months, insiders have sold 91,362 shares of company stock valued at $3,863,304. Company insiders own 2.49% of the company’s stock.

Several hedge funds have recently modified their holdings of AMN. Teachers Advisors LLC purchased a new position in shares of AMN Healthcare Services during the 1st quarter worth approximately $5,127,000. California Public Employees Retirement System acquired a new stake in shares of AMN Healthcare Services in the 1st quarter worth approximately $503,000. Geode Capital Management LLC acquired a new stake in shares of AMN Healthcare Services in the 1st quarter worth approximately $14,678,000. Amalgamated Bank acquired a new stake in shares of AMN Healthcare Services in the 1st quarter worth approximately $254,000. Finally, Schwab Charles Investment Management Inc. acquired a new stake in shares of AMN Healthcare Services in the 1st quarter worth approximately $8,187,000.

AMN Healthcare Services Company Profile

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)

Receive News & Ratings for AMN Healthcare Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply