Wall Street analysts expect AMN Healthcare Services, Inc. (NYSE:AMN) to post earnings of $0.80 per share for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for AMN Healthcare Services’ earnings, with the highest EPS estimate coming in at $0.80 and the lowest estimate coming in at $0.79. AMN Healthcare Services reported earnings of $0.63 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 27%. The business is expected to issue its next quarterly earnings results on Thursday, February 21st.
On average, analysts expect that AMN Healthcare Services will report full-year earnings of $3.27 per share for the current year, with EPS estimates ranging from $3.25 to $3.29. For the next fiscal year, analysts anticipate that the business will report earnings of $3.49 per share, with EPS estimates ranging from $3.43 to $3.60. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for AMN Healthcare Services.
AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Wednesday, October 31st. The company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.08. The firm had revenue of $526.84 million for the quarter, compared to the consensus estimate of $526.90 million. AMN Healthcare Services had a return on equity of 25.32% and a net margin of 6.96%. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 EPS.
AMN Healthcare Services stock traded down $0.23 during mid-day trading on Friday, hitting $59.95. 227,489 shares of the company’s stock traded hands, compared to its average volume of 569,610. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 1.58. The company has a market capitalization of $2.82 billion, a P/E ratio of 23.42, a PEG ratio of 1.42 and a beta of 0.54. AMN Healthcare Services has a one year low of $46.55 and a one year high of $68.20.
In other news, insider Susan R. Salka sold 11,953 shares of the business’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $56.49, for a total value of $675,224.97. Following the sale, the insider now owns 153,789 shares of the company’s stock, valued at approximately $8,687,540.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.18% of the stock is currently owned by insiders.
Several institutional investors and hedge funds have recently bought and sold shares of AMN. BlackRock Inc. raised its position in shares of AMN Healthcare Services by 8.7% during the second quarter. BlackRock Inc. now owns 6,694,366 shares of the company’s stock worth $392,290,000 after purchasing an additional 533,007 shares during the period. Rothschild Asset Management Inc. acquired a new stake in shares of AMN Healthcare Services during the second quarter worth $30,246,000. Voya Investment Management LLC raised its position in shares of AMN Healthcare Services by 55.5% during the second quarter. Voya Investment Management LLC now owns 1,062,917 shares of the company’s stock worth $62,287,000 after purchasing an additional 379,588 shares during the period. Epoch Investment Partners Inc. acquired a new stake in shares of AMN Healthcare Services during the second quarter worth $18,935,000. Finally, OppenheimerFunds Inc. raised its position in shares of AMN Healthcare Services by 1,320.5% during the second quarter. OppenheimerFunds Inc. now owns 292,543 shares of the company’s stock worth $17,143,000 after purchasing an additional 271,949 shares during the period.
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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