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

Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have been given a consensus recommendation of “Hold” by the eight brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $44.50.

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

AMN Healthcare Services Price Performance

AMN stock opened at $24.92 on Tuesday. AMN Healthcare Services has a 1 year low of $22.47 and a 1 year high of $79.74. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. The firm has a market capitalization of $948.74 million, a PE ratio of 18.06 and a beta of 0.07. The business has a 50 day simple moving average of $25.97 and a 200-day simple moving average of $37.58.

Hedge Funds Weigh In On AMN Healthcare Services

A number of hedge funds have recently made changes to their positions in the stock. Truvestments Capital LLC acquired a new position in AMN Healthcare Services during the third quarter worth $30,000. Jones Financial Companies Lllp lifted its stake in AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company’s stock worth $36,000 after acquiring an additional 377 shares in the last quarter. Blue Trust Inc. boosted its holdings in AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company’s stock valued at $57,000 after acquiring an additional 754 shares during the period. KBC Group NV boosted its holdings in AMN Healthcare Services by 110.9% during the 4th quarter. KBC Group NV now owns 2,478 shares of the company’s stock valued at $59,000 after acquiring an additional 1,303 shares during the period. Finally, Farther Finance Advisors LLC grew its position in AMN Healthcare Services by 455.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock valued at $63,000 after acquiring an additional 1,224 shares in the last quarter. 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.