Stocks of AMN Healthcare Services Inc. (NYSE:AMN) traded higher last session on Wall Street, down -5.48% to $101.68.
According to the data, AMN Healthcare Services Inc. (NYSE:AMN) has 9 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $135.00 and a low of $100.00, we find $114.00. Given the previous closing price of $107.58, this indicates a potential upside of 5.97 percent. AMN stock price is now -3.39% away from the 50-day moving average and -0.05% away from the 200-day moving average. The market capitalization of the company currently stands at $3.95B.
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A total of 2 analysts have issued a hold rating and 7 have given it a buy rating. Brokers who have rated the stock have averaged $115.14 as their price target over the next twelve months.
With the price target of $70, BofA Securities recently initiated with Buy rating for AMN Healthcare Services Inc. (NYSE: AMN).
In other news, Jones Daphne E, Director sold 1,000 shares of the company’s stock on Jun 14. The stock was sold for $109,570 at an average price of $109.57. Upon completion of the transaction, the Director now directly owns 7,799 shares in the company, valued at $0.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 21, Director FOLETTA MARK G sold 1,458 shares of the business’s stock. A total of $129,441 was realized by selling the stock at an average price of $88.78. This leaves the insider owning 8,073 shares of the company worth $0.82 million. Insiders disposed of 60,996 shares of company stock worth roughly $6.2 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AMN stock. A new stake in AMN Healthcare Services Inc. shares was purchased by BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC during the first quarter worth $23,456,000. VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. invested $17,339,000 in shares of AMN during the first quarter. In the first quarter, WCM INVESTMENT MANAGEMENT, LLC acquired a new stake in AMN Healthcare Services Inc. valued at approximately $12,837,000. PAVADI CAPITAL LLC acquired a new stake in AMN for approximately $7,728,000. UBS ASSET MANAGEMENT AMERICAS INC purchased a new stake in AMN valued at around $5,669,000 in the second quarter. In total, there are 602 active investors with 112.69% ownership of the company’s stock.
Thursday’s opening bell rang with an opening price of $101.97 for AMN Healthcare Services Inc. (NYSE: AMN). During the past 12 months, AMN Healthcare Services Inc. has had a low of $81.15 and a high of $129.04. As of last week, the company has a debt-to-equity ratio of 1.03, a current ratio of 1.30, and a quick ratio of 1.30. According to the stock market information, the enterprise value for the company is $5.18B, which is based on a 11.59 price-to-earnings ratio, a 0.60 price-to-earnings-growth ratio, and a beta of 0.38. The fifty day moving average price for AMN is $105.41 and a two-hundred day moving average price translates $101.68 for the stock.
The latest earnings results from AMN Healthcare Services Inc. (NYSE: AMN) was released for Mar, 2023. According to the Medical Care Facilities Company, earnings per share came in at $2.49, beating analysts’ expectations of $2.36 by 0.13. This compares to $3.09 EPS in the same period last year. The net profit margin was 7.90% and return on equity was 36.60% for AMN. The company reported revenue of $1.13 billion for the quarter, compared to $1.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -27.46 percent. For the current quarter, analysts expect AMN to generate $988.4M in revenue.
