Equities research analysts expect Amn Healthcare Services Inc (NYSE:AMN) to post $534.79 million in sales for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Amn Healthcare Services’ earnings, with estimates ranging from $533.63 million to $536.05 million. Amn Healthcare Services posted sales of $489.80 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 9.2%. The firm is expected to announce its next quarterly earnings report on Thursday, August 2nd.
According to Zacks, analysts expect that Amn Healthcare Services will report full-year sales of $2.18 billion for the current financial year, with estimates ranging from $2.16 billion to $2.21 billion. For the next financial year, analysts forecast that the firm will post sales of $2.34 billion per share, with estimates ranging from $2.32 billion to $2.38 billion. Zacks’ sales averages 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 announced its quarterly earnings results on Thursday, May 3rd. The company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.79 by $0.02. The firm had revenue of $522.50 million for the quarter, compared to analyst estimates of $518.97 million. Amn Healthcare Services had a return on equity of 24.50% and a net margin of 7.11%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 earnings per share.
In other Amn Healthcare Services news, insider Ralph Henderson sold 10,178 shares of Amn Healthcare Services stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $56.20, for a total value of $572,003.60. Following the transaction, the insider now owns 37,574 shares in the company, valued at $2,111,658.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Brian M. Scott sold 3,634 shares of Amn Healthcare Services stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $55.03, for a total value of $199,979.02. Following the completion of the transaction, the chief financial officer now owns 78,062 shares in the company, valued at approximately $4,295,751.86. The disclosure for this sale can be found here. Insiders sold 65,333 shares of company stock worth $3,581,666 in the last quarter. 2.18% of the stock is owned by insiders.
Institutional investors and hedge funds have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Amn Healthcare Services by 35.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,177 shares of the company’s stock valued at $180,000 after purchasing an additional 836 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Amn Healthcare Services during the fourth quarter worth about $206,000. Creative Planning purchased a new stake in shares of Amn Healthcare Services during the fourth quarter worth about $209,000. M&T Bank Corp purchased a new stake in shares of Amn Healthcare Services during the fourth quarter worth about $210,000. Finally, Westover Capital Advisors LLC purchased a new stake in shares of Amn Healthcare Services during the first quarter worth about $210,000.
Shares of Amn Healthcare Services stock traded down $0.30 during trading on Monday, hitting $55.95. 492,051 shares of the stock traded hands, compared to its average volume of 558,694. The firm has a market cap of $2.69 billion, a P/E ratio of 21.86, a P/E/G ratio of 1.33 and a beta of 0.42. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 0.53. Amn Healthcare Services has a 52-week low of $55.60 and a 52-week high of $56.95.
About Amn Healthcare Services
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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