Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have earned a consensus recommendation of “Buy” from the eleven research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $51.75.

Several analysts have weighed in on the stock. BMO Capital Markets reissued a “buy” rating and issued a $54.00 price target on shares of AMN Healthcare Services in a research note on Monday. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Benchmark reissued a “buy” rating and issued a $60.00 price target (up from $52.00) on shares of AMN Healthcare Services in a research note on Monday, January 8th. ValuEngine raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Wednesday, September 27th. Finally, KeyCorp assumed coverage on shares of AMN Healthcare Services in a research note on Friday, November 17th. They issued an “overweight” rating and a $50.00 price target for the company.

In other AMN Healthcare Services news, CFO Brian M. Scott sold 20,000 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $50.19, for a total value of $1,003,800.00. Following the transaction, the chief financial officer now owns 56,916 shares in the company, valued at $2,856,614.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Susan R. Salka sold 74,456 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the completion of the transaction, the insider now owns 256,561 shares in the company, valued at approximately $10,739,643.46. The disclosure for this sale can be found here. Insiders sold 231,240 shares of company stock valued at $10,807,611 over the last three months. 2.49% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the business. Fort L.P. purchased a new position in shares of AMN Healthcare Services in the third quarter valued at about $7,413,000. Bank of New York Mellon Corp increased its position in shares of AMN Healthcare Services by 1.3% in the third quarter. Bank of New York Mellon Corp now owns 1,362,806 shares of the company’s stock valued at $62,281,000 after acquiring an additional 17,777 shares during the period. Macquarie Group Ltd. increased its position in shares of AMN Healthcare Services by 47.6% in the second quarter. Macquarie Group Ltd. now owns 960,656 shares of the company’s stock valued at $37,514,000 after acquiring an additional 309,693 shares during the period. Third Avenue Management LLC increased its position in shares of AMN Healthcare Services by 94.5% in the third quarter. Third Avenue Management LLC now owns 143,642 shares of the company’s stock valued at $6,565,000 after acquiring an additional 69,800 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of AMN Healthcare Services by 23.2% in the third quarter. Wells Fargo & Company MN now owns 849,157 shares of the company’s stock valued at $38,807,000 after acquiring an additional 159,777 shares during the period.

AMN Healthcare Services (NYSE AMN) traded down $0.10 during midday trading on Friday, hitting $50.90. 292,273 shares of the stock were exchanged, compared to its average volume of 388,280. AMN Healthcare Services has a 52 week low of $33.61 and a 52 week high of $51.75. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market cap of $2,440.00, a P/E ratio of 21.39 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $494.41 million during the quarter, compared to the consensus estimate of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.62 EPS. sell-side analysts predict that AMN Healthcare Services will post 2.56 earnings per share for the current fiscal year.

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AMN Healthcare Services Company Profile

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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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