AMN Healthcare Services Inc $AMN Position Increased by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in AMN Healthcare Services Inc (NYSE:AMN) by 3.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 909,204 shares of the company’s stock after buying an additional 30,155 shares during the quarter. Geode Capital Management LLC owned about 2.37% of AMN Healthcare Services worth $18,795,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of AMN Healthcare Services by 129.5% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 107,914 shares of the company’s stock worth $2,231,000 after purchasing an additional 60,898 shares in the last quarter. Fox Run Management L.L.C. raised its stake in shares of AMN Healthcare Services by 30.1% during the second quarter. Fox Run Management L.L.C. now owns 38,311 shares of the company’s stock valued at $792,000 after purchasing an additional 8,863 shares in the last quarter. S&T Bank PA lifted its holdings in AMN Healthcare Services by 12.0% in the second quarter. S&T Bank PA now owns 69,899 shares of the company’s stock worth $1,445,000 after purchasing an additional 7,511 shares during the period. Wolverine Asset Management LLC grew its position in AMN Healthcare Services by 23.9% in the 2nd quarter. Wolverine Asset Management LLC now owns 55,439 shares of the company’s stock valued at $1,146,000 after buying an additional 10,700 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its position in AMN Healthcare Services by 85.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 27,850 shares of the company’s stock valued at $576,000 after buying an additional 12,801 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Citizens Jmp upped their price target on shares of AMN Healthcare Services from $22.00 to $24.00 and gave the stock a “market outperform” rating in a research note on Friday, November 7th. UBS Group boosted their target price on AMN Healthcare Services from $18.00 to $20.50 and gave the stock a “neutral” rating in a report on Friday, November 7th. Truist Financial increased their price target on AMN Healthcare Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, October 13th. JMP Securities dropped their price objective on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating on the stock in a research note on Tuesday, August 12th. Finally, Wall Street Zen upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $21.75.

AMN Healthcare Services Stock Performance

Shares of NYSE AMN opened at $16.65 on Monday. The stock’s fifty day simple moving average is $18.65 and its 200 day simple moving average is $19.73. The stock has a market capitalization of $639.59 million, a price-to-earnings ratio of -2.14 and a beta of 0.19. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services Inc has a 52-week low of $14.86 and a 52-week high of $30.49.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.20. The business had revenue of $634.50 million during the quarter, compared to analyst estimates of $618.08 million. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.AMN Healthcare Services’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same quarter last year, the company posted $0.61 EPS. AMN Healthcare Services has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.

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.