Yousif Capital Management LLC Has $403,000 Stock Position in AMN Healthcare Services Inc (NYSE:AMN)

Yousif Capital Management LLC raised its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 11.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,493 shares of the company’s stock after buying an additional 1,646 shares during the quarter. Yousif Capital Management LLC’s holdings in AMN Healthcare Services were worth $403,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after purchasing an additional 377 shares in the last quarter. Cresset Asset Management LLC boosted its stake in AMN Healthcare Services by 5.6% in the fourth quarter. Cresset Asset Management LLC now owns 10,761 shares of the company’s stock worth $257,000 after purchasing an additional 566 shares in the last quarter. Blue Trust Inc. boosted its stake in AMN Healthcare Services by 46.3% in the fourth quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock worth $57,000 after purchasing an additional 754 shares in the last quarter. Covestor Ltd boosted its stake in AMN Healthcare Services by 41.0% in the fourth quarter. Covestor Ltd now owns 2,914 shares of the company’s stock worth $70,000 after purchasing an additional 848 shares in the last quarter. Finally, AlphaQuest LLC raised its position in shares of AMN Healthcare Services by 12.1% during the fourth quarter. AlphaQuest LLC now owns 8,840 shares of the company’s stock worth $211,000 after acquiring an additional 954 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

AMN has been the subject of a number of recent research reports. Wall Street Zen upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, March 25th. UBS Group decreased their target price on AMN Healthcare Services from $30.00 to $25.50 and set a “neutral” rating for the company in a research note on Tuesday, May 13th. Truist Financial cut their price target on AMN Healthcare Services from $40.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Finally, BMO Capital Markets cut their price target on AMN Healthcare Services from $38.00 to $33.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, AMN Healthcare Services presently has a consensus rating of “Hold” and a consensus price target of $32.08.

AMN Healthcare Services Price Performance

NYSE:AMN opened at $21.94 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average price is $20.73 and its two-hundred day moving average price is $23.50. The firm has a market capitalization of $839.71 million, a price-to-earnings ratio of -5.07 and a beta of 0.19. AMN Healthcare Services Inc has a 12-month low of $17.45 and a 12-month high of $70.07.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, May 8th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 13.39% and a negative net margin of 5.80%. The company had revenue of $689.53 million for the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the prior year, the business earned $0.97 earnings per share. The firm’s revenue for the quarter was down 16.0% on a year-over-year basis. On average, analysts anticipate that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

AMN Healthcare Services Profile

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.