Brokerages Anticipate Amn Healthcare Services Inc (AMN) to Post $0.79 EPS

Equities research analysts expect Amn Healthcare Services Inc (NYSE:AMN) to report earnings of $0.79 per share for the current quarter, according to Zacks. Four analysts have made estimates for Amn Healthcare Services’ earnings, with the lowest EPS estimate coming in at $0.78 and the highest estimate coming in at $0.80. Amn Healthcare Services posted earnings per share of $0.63 during the same quarter last year, which indicates a positive year-over-year growth rate of 25.4%. The business is expected to issue its next quarterly earnings results after the market closes on Thursday, May 3rd.

On average, analysts expect that Amn Healthcare Services will report full-year earnings of $3.40 per share for the current year, with EPS estimates ranging from $3.34 to $3.50. For the next financial year, analysts expect that the company will report earnings of $3.80 per share, with EPS estimates ranging from $3.72 to $3.95. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that that provide coverage for Amn Healthcare Services.

Amn Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.63 earnings per share for the quarter, hitting the consensus estimate of $0.63. The business had revenue of $509.10 million during the quarter, compared to the consensus estimate of $501.64 million. Amn Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $0.62 earnings per share.

Several brokerages have weighed in on AMN. Credit Suisse Group raised their price target on Amn Healthcare Services from $62.00 to $67.00 and gave the stock an “outperform” rating in a report on Tuesday, April 10th. BMO Capital Markets lifted their target price on Amn Healthcare Services to $59.00 and gave the stock an “outperform” rating in a report on Friday, February 16th. Jefferies Group reaffirmed a “buy” rating and set a $71.00 target price on shares of Amn Healthcare Services in a report on Tuesday, April 10th. Robert W. Baird reaffirmed a “buy” rating and set a $64.00 target price on shares of Amn Healthcare Services in a report on Tuesday, April 10th. Finally, Benchmark lifted their target price on Amn Healthcare Services from $60.00 to $66.00 and gave the stock a “buy” rating in a report on Tuesday, April 10th. Eleven investment analysts have rated the stock with a buy rating, Amn Healthcare Services has an average rating of “Buy” and a consensus price target of $64.20.

Shares of NYSE AMN opened at $67.00 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.79 and a quick ratio of 1.79. The stock has a market capitalization of $3,183.58, a price-to-earnings ratio of 26.09, a price-to-earnings-growth ratio of 1.51 and a beta of 0.42. Amn Healthcare Services has a fifty-two week low of $34.71 and a fifty-two week high of $67.55.

In related news, CFO Brian M. Scott sold 3,634 shares of Amn Healthcare Services stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $55.03, for a total transaction of $199,979.02. Following the completion of the transaction, the chief financial officer now directly owns 78,062 shares in the company, valued at $4,295,751.86. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ralph Henderson sold 8,219 shares of Amn Healthcare Services stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $52.00, for a total value of $427,388.00. Following the transaction, the insider now owns 30,052 shares of the company’s stock, valued at $1,562,704. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,616 shares of company stock valued at $2,002,501. 2.18% of the stock is owned by company insiders.

Hedge funds have recently made changes to their positions in the stock. BlackRock Inc. raised its position in Amn Healthcare Services by 3.0% during the fourth quarter. BlackRock Inc. now owns 5,934,876 shares of the company’s stock valued at $292,292,000 after acquiring an additional 174,113 shares in the last quarter. Legal & General Group Plc raised its position in Amn Healthcare Services by 8.3% during the third quarter. Legal & General Group Plc now owns 98,523 shares of the company’s stock valued at $4,498,000 after acquiring an additional 7,541 shares in the last quarter. Copper Rock Capital Partners LLC raised its position in Amn Healthcare Services by 3.6% during the fourth quarter. Copper Rock Capital Partners LLC now owns 757,574 shares of the company’s stock valued at $37,614,000 after acquiring an additional 26,252 shares in the last quarter. Swiss National Bank raised its position in Amn Healthcare Services by 3.2% during the fourth quarter. Swiss National Bank now owns 81,700 shares of the company’s stock valued at $4,024,000 after acquiring an additional 2,500 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in Amn Healthcare Services by 52.1% during the fourth quarter. Alliancebernstein L.P. now owns 112,302 shares of the company’s stock valued at $5,531,000 after acquiring an additional 38,460 shares in the last quarter.

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Amn Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.

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Earnings History and Estimates for Amn Healthcare Services (NYSE:AMN)

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