AMN Healthcare Services (AMN) Scheduled to Post Earnings on Thursday

AMN Healthcare Services (NYSE:AMN) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect AMN Healthcare Services to post earnings of $0.94 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, February 15th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.07. The company had revenue of $818.27 million for the quarter, compared to analyst estimates of $803.14 million. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The firm’s revenue was down 27.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.48 EPS. On average, analysts expect AMN Healthcare Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

AMN Healthcare Services Trading Up 0.7 %

Shares of AMN Healthcare Services stock opened at $59.94 on Tuesday. AMN Healthcare Services has a 1 year low of $53.77 and a 1 year high of $112.44. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $2.27 billion, a PE ratio of 11.33 and a beta of 0.22. The firm’s 50 day moving average is $59.23 and its 200 day moving average is $66.86.

Insiders Place Their Bets

In related news, Director Jorge A. Caballero bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were acquired at an average cost of $56.80 per share, with a total value of $113,600.00. Following the completion of the purchase, the director now directly owns 2,437 shares in the company, valued at $138,421.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Jorge A. Caballero purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were acquired at an average cost of $56.80 per share, with a total value of $113,600.00. Following the purchase, the director now owns 2,437 shares in the company, valued at $138,421.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jeffrey R. Knudson acquired 6,951 shares of AMN Healthcare Services stock in a transaction on Wednesday, February 28th. The stock was purchased at an average cost of $57.75 per share, with a total value of $401,420.25. Following the purchase, the chief financial officer now directly owns 27,804 shares of the company’s stock, valued at approximately $1,605,681. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 26,626 shares of company stock worth $1,516,899. Corporate insiders own 0.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. JMP Securities reduced their target price on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating on the stock in a report on Monday, February 26th. Truist Financial reduced their target price on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. BMO Capital Markets reduced their target price on shares of AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a report on Thursday, May 2nd. Finally, StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $82.86.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.