AMN Healthcare Services Inc (AMN) to Release Quarterly Earnings on Thursday
AMN Healthcare Services Inc (NYSE:AMN) is scheduled to announce its earnings results after the market closes on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.60 per share for the quarter.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.07. The business had revenue of $489.80 million during the quarter, compared to analyst estimates of $489.79 million. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. AMN Healthcare Services’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 earnings per share. On average, analysts expect AMN Healthcare Services to post $2.55 EPS for the current fiscal year and $2.75 EPS for the next fiscal year.
Shares of AMN Healthcare Services Inc (AMN) traded up 1.63% during mid-day trading on Tuesday, hitting $43.70. 172,239 shares of the company were exchanged. The company’s 50-day moving average price is $42.15 and its 200-day moving average price is $38.96. The firm has a market capitalization of $2.10 billion, a P/E ratio of 18.44 and a beta of 0.45. AMN Healthcare Services Inc has a 12-month low of $26.00 and a 12-month high of $46.60.
In other AMN Healthcare Services news, insider Ralph Henderson sold 6,906 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $46.00, for a total value of $317,676.00. Following the completion of the transaction, the insider now directly owns 31,772 shares in the company, valued at approximately $1,461,512. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.49% of the company’s stock.
A number of equities analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Tuesday, October 3rd. Benchmark Co. reiterated a “buy” rating and set a $52.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday, October 25th. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $43.00 price objective on shares of AMN Healthcare Services in a research report on Friday, September 1st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. AMN Healthcare Services presently has an average rating of “Buy” and a consensus price target of $46.83.
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.
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