AMN Healthcare Services (NYSE:AMN) stock received a “market outperform” rating from JMP Securities, with a target price of $75.00, indicating a potential upside of 37.09% from the current price. Other analysts have also weighed in on AMN, with StockNews.com upgrading the stock from a “sell” to a “hold” rating. BMO Capital Markets and Truist Financial have also provided positive outlooks on the stock. Currently, the consensus rating for AMN Healthcare Services is “Hold” with a consensus price target of $82.86.
AMN Healthcare Services stock opened at $54.71 on Friday, with a market cap of $2.07 billion. The company has a price-to-earnings ratio of 14.71 and a beta of 0.22. Despite a 12-month low of $53.00, the stock has a 12-month high of $112.44. The company’s financials show a debt-to-equity ratio of 1.57 and a strong liquidity position with a current ratio of 1.28 and a quick ratio of 1.28.
In terms of performance, AMN Healthcare Services reported $0.97 EPS for the quarter, surpassing the consensus estimate of $0.93 by $0.04. The company’s net margin is 4.13% with a return on equity of 31.87%. Revenue for the quarter was $820.90 million, slightly higher than analyst estimates. Looking ahead, equities analysts expect AMN Healthcare Services to post 3.86 earnings per share for the current year.
Insider trading activities have been notable for AMN Healthcare Services, with CEO Caroline Grace and CFO Jeffrey R. Knudson both acquiring shares in recent months. Institutional trading has also been active, with several hedge funds and other investors increasing their positions in the company.
AMN Healthcare Services provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.
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