AMN Healthcare Services, Inc. (NYSE:AMN) – Jefferies Group lowered their Q1 2018 earnings per share estimates for AMN Healthcare Services in a research note issued on Friday, according to Zacks Investment Research. Jefferies Group analyst J. Plagman now expects that the company will post earnings per share of $0.80 for the quarter, down from their prior estimate of $0.81. Jefferies Group has a “Buy” rating and a $66.00 price target on the stock. Jefferies Group also issued estimates for AMN Healthcare Services’ Q2 2018 earnings at $0.83 EPS, Q4 2018 earnings at $0.88 EPS, FY2018 earnings at $3.35 EPS, FY2019 earnings at $3.70 EPS and FY2020 earnings at $4.10 EPS.
AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, February 15th. The company reported $0.63 earnings per share for the quarter, hitting the consensus estimate of $0.63. AMN Healthcare Services had a net margin of 6.67% and a return on equity of 24.26%. The firm had revenue of $509.10 million for the quarter, compared to analysts’ expectations of $501.64 million. During the same period in the previous year, the company posted $0.62 EPS. The company’s quarterly revenue was up 4.3% compared to the same quarter last year.
Several other equities analysts have also recently weighed in on AMN. KeyCorp began coverage on shares of AMN Healthcare Services in a research report on Friday, November 17th. They set an “overweight” rating and a $50.00 price objective on the stock. SunTrust Banks restated a “buy” rating and set a $58.00 price target on shares of AMN Healthcare Services in a report on Friday, December 8th. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research cut shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Benchmark restated a “buy” rating and set a $60.00 price target (up from $52.00) on shares of AMN Healthcare Services in a report on Monday, January 8th. Eleven analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of $57.60.
AMN Healthcare Services (NYSE AMN) traded up $0.25 during midday trading on Monday, reaching $59.45. 316,167 shares of the company’s stock traded hands, compared to its average volume of 525,821. AMN Healthcare Services has a 12-month low of $34.71 and a 12-month high of $60.10. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.79 and a current ratio of 1.79. The stock has a market cap of $2,830.00, a PE ratio of 24.77 and a beta of 0.47.
Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of AMN Healthcare Services in the 4th quarter valued at $206,000. Creative Planning acquired a new stake in shares of AMN Healthcare Services in the 4th quarter valued at $209,000. M&T Bank Corp acquired a new position in AMN Healthcare Services during the 4th quarter worth $210,000. Shelton Capital Management acquired a new position in AMN Healthcare Services during the 4th quarter worth $212,000. Finally, Jaffetilchin Investment Partners LLC acquired a new position in AMN Healthcare Services during the 3rd quarter worth $217,000.
In related news, insider Susan R. Salka sold 95,219 shares of AMN Healthcare Services stock in a transaction on Friday, January 12th. The shares were sold at an average price of $49.35, for a total value of $4,699,057.65. Following the completion of the sale, the insider now owns 222,168 shares of the company’s stock, valued at approximately $10,963,990.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Brian M. Scott sold 6,366 shares of AMN Healthcare Services stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $55.15, for a total transaction of $351,084.90. Following the completion of the sale, the chief financial officer now directly owns 62,987 shares of the company’s stock, valued at approximately $3,473,733.05. The disclosure for this sale can be found here. In the last ninety days, insiders sold 131,835 shares of company stock valued at $6,701,558. 2.18% of the stock is owned by company insiders.
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.
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