AMN Healthcare Services, Inc. (NYSE:AMN) Given Average Rating of “Hold” by Brokerages

Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have earned a consensus rating of “Hold” from the eight ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $44.50.

Several brokerages have weighed in on AMN. JMP Securities restated a “market outperform” rating and set a $34.00 price target on shares of AMN Healthcare Services in a report on Thursday, February 6th. William Blair lowered shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. BMO Capital Markets decreased their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, November 11th. Truist Financial lowered their price target on shares of AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a report on Friday, November 8th. Finally, Jefferies Financial Group decreased their price objective on shares of AMN Healthcare Services from $41.00 to $27.00 and set a “hold” rating for the company in a research report on Wednesday, November 13th.

AMN Healthcare Services Stock Down 1.1 %

AMN Healthcare Services stock opened at $24.92 on Tuesday. The firm has a market capitalization of $948.74 million, a P/E ratio of 18.06 and a beta of 0.07. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services has a twelve month low of $22.47 and a twelve month high of $79.74. The stock’s fifty day simple moving average is $25.97 and its 200-day simple moving average is $37.58.

Institutional Trading of AMN Healthcare Services

Several institutional investors have recently modified their holdings of AMN. The Manufacturers Life Insurance Company raised its stake in AMN Healthcare Services by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,292 shares of the company’s stock worth $1,091,000 after acquiring an additional 748 shares in the last quarter. Truist Financial Corp grew its holdings in shares of AMN Healthcare Services by 58.7% during the second quarter. Truist Financial Corp now owns 13,376 shares of the company’s stock worth $685,000 after purchasing an additional 4,949 shares during the last quarter. SG Americas Securities LLC increased its position in shares of AMN Healthcare Services by 689.3% during the third quarter. SG Americas Securities LLC now owns 18,911 shares of the company’s stock worth $802,000 after purchasing an additional 16,515 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of AMN Healthcare Services by 14.1% in the 3rd quarter. Park Avenue Securities LLC now owns 5,165 shares of the company’s stock valued at $219,000 after purchasing an additional 639 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its position in shares of AMN Healthcare Services by 39.4% in the 3rd quarter. Handelsbanken Fonder AB now owns 10,616 shares of the company’s stock valued at $450,000 after purchasing an additional 3,000 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Company 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.