AMN Healthcare Services (AMN) Sets New 52-Week High and Low at $66.25

AMN Healthcare Services, Inc. (NYSE:AMN)’s share price reached a new 52-week high and low during mid-day trading on Tuesday . The company traded as low as $66.25 and last traded at $65.30, with a volume of 222094 shares trading hands. The stock had previously closed at $65.80.

Several equities research analysts have weighed in on the stock. Lake Street Capital raised their target price on shares of AMN Healthcare Services to $70.00 and gave the company a “buy” rating in a research note on Tuesday, April 10th. BMO Capital Markets raised their target price on shares of AMN Healthcare Services from $64.00 to $66.00 and gave the company an “outperform” rating in a research note on Tuesday, April 10th. Credit Suisse Group raised their target price on shares of AMN Healthcare Services from $62.00 to $67.00 and gave the company an “outperform” rating in a research note on Tuesday, April 10th. Benchmark raised their price target on shares of AMN Healthcare Services from $60.00 to $66.00 and gave the stock a “buy” rating in a report on Tuesday, April 10th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $71.00 price target on shares of AMN Healthcare Services in a report on Tuesday, April 10th. Eleven investment analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of $62.60.

How to Become a New Pot Stock Millionaire

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 firm has a market capitalization of $3,059.67, a PE ratio of 25.37, a price-to-earnings-growth ratio of 1.45 and a beta of 0.41.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, February 15th. The company reported $0.63 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ 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 during the quarter, compared to analysts’ expectations of $501.64 million. During the same quarter last year, the company posted $0.62 earnings per share. The firm’s revenue was up 4.3% compared to the same quarter last year. analysts anticipate that AMN Healthcare Services, Inc. will post 3.4 earnings per share for the current fiscal year.

In related news, CFO Brian M. Scott sold 3,634 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $55.03, for a total transaction of $199,979.02. Following the sale, the chief financial officer now owns 78,062 shares in the company, valued at $4,295,751.86. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ralph Henderson sold 8,219 shares of the firm’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $52.00, for a total transaction of $427,388.00. Following the sale, the insider now owns 30,052 shares in the company, valued at approximately $1,562,704. The disclosure for this sale can be found here. In the last three months, insiders have sold 36,616 shares of company stock valued at $2,002,501. 2.18% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System grew its position in AMN Healthcare Services by 6.2% during the fourth quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the company’s stock valued at $1,015,000 after buying an additional 1,200 shares during the period. Advisor Group Inc. grew its position in shares of AMN Healthcare Services by 29.3% in the fourth quarter. Advisor Group Inc. now owns 6,331 shares of the company’s stock valued at $311,000 after purchasing an additional 1,434 shares during the period. UBS Asset Management Americas Inc. grew its position in shares of AMN Healthcare Services by 6.8% in the fourth quarter. UBS Asset Management Americas Inc. now owns 32,825 shares of the company’s stock valued at $1,617,000 after purchasing an additional 2,078 shares during the period. Brown Advisory Inc. grew its position in shares of AMN Healthcare Services by 20.8% in the fourth quarter. Brown Advisory Inc. now owns 12,754 shares of the company’s stock valued at $628,000 after purchasing an additional 2,194 shares during the period. Finally, Swiss National Bank grew its position in shares of AMN Healthcare Services by 3.2% in the fourth quarter. Swiss National Bank now owns 81,700 shares of the company’s stock valued at $4,024,000 after purchasing an additional 2,500 shares during the period.

ILLEGAL ACTIVITY NOTICE: “AMN Healthcare Services (AMN) Sets New 52-Week High and Low at $66.25” was originally published by Macon Daily and is owned by of Macon Daily. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & international copyright & trademark legislation. The correct version of this report can be accessed at https://macondaily.com/2018/04/17/amn-healthcare-services-amn-sets-new-52-week-high-and-low-at-66-25.html.

About AMN Healthcare Services

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.

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

Leave a Reply