AMN Healthcare Services (NYSE:AMN) Reaches New 12-Month High Following Analyst Upgrade

AMN Healthcare Services Inc (NYSE:AMNGet Free Report)’s stock price reached a new 52-week high on Saturday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The company traded as high as $36.86 and last traded at $35.9290, with a volume of 1517139 shares traded. The stock had previously closed at $30.80.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, June 17th. Zacks Research cut shares of AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. BMO Capital Markets increased their price target on AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Monday, May 11th. Truist Financial raised their price objective on AMN Healthcare Services from $26.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Finally, Robert W. Baird set a $36.00 price objective on AMN Healthcare Services in a research note on Friday. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $30.86.

View Our Latest Research Report on AMN Healthcare Services

Insider Transactions at AMN Healthcare Services

In other AMN Healthcare Services news, Director Mark G. Foletta sold 3,681 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $31.07, for a total value of $114,368.67. Following the transaction, the director owned 17,917 shares in the company, valued at $556,681.19. The trade was a 17.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.07% of the stock is owned by company insiders.

Key AMN Healthcare Services News

Here are the key news stories impacting AMN Healthcare Services this week:

  • Positive Sentiment: Quarterly earnings and revenue topped estimates. AMN reported adjusted EPS of $0.77, up from $0.30 a year earlier and well above analysts’ expectations of approximately $0.19-$0.22. Revenue rose 2.3% year over year to $673 million, exceeding the roughly $628 million consensus estimate. GAAP earnings were $0.53 per share, while adjusted EBITDA totaled $73 million. AMN Healthcare Announces Second Quarter 2026 Results
  • Positive Sentiment: Growth was broad-based across staffing and search services. Results benefited from higher demand in travel nursing, allied healthcare staffing and executive search, along with activity related to labor disruptions. The earnings beat suggests AMN is gaining operating leverage as demand stabilizes. AMN Q2 Earnings Beat Estimates on Staffing and Search Growth
  • Positive Sentiment: Third-quarter revenue guidance exceeded expectations. Management forecast Q3 revenue of $640 million to $655 million, above the consensus estimate of $618.4 million. Although the range implies a sequential decline from Q2, it indicates stronger near-term demand than analysts had projected. AMN Healthcare Quarterly Earnings Report
  • Neutral Sentiment: The company continues to face a challenging staffing environment, including a negative reported net margin, while investors will watch whether the recent earnings strength can persist after labor-disruption-related activity.

Institutional Trading of AMN Healthcare Services

A number of hedge funds and other institutional investors have recently modified their holdings of AMN. Summit Securities Group LLC acquired a new stake in AMN Healthcare Services during the 4th quarter valued at approximately $32,000. Versant Capital Management Inc raised its position in shares of AMN Healthcare Services by 41.8% in the 2nd quarter. Versant Capital Management Inc now owns 1,170 shares of the company’s stock valued at $38,000 after purchasing an additional 345 shares in the last quarter. China Universal Asset Management Co. Ltd. boosted its stake in shares of AMN Healthcare Services by 200.0% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock valued at $47,000 after buying an additional 2,000 shares during the last quarter. Johnson Financial Group Inc. purchased a new position in shares of AMN Healthcare Services during the 3rd quarter valued at approximately $63,000. Finally, Tower Research Capital LLC TRC grew its position in shares of AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock worth $64,000 after buying an additional 1,020 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Price Performance

The company has a debt-to-equity ratio of 1.00, a current ratio of 1.13 and a quick ratio of 1.09. The business’s 50-day moving average price is $32.51 and its two-hundred day moving average price is $25.13. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 0.83 and a beta of 0.40.

AMN Healthcare Services (NYSE:AMNGet Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.58. AMN Healthcare Services had a net margin of 3.06% and a return on equity of 19.92%. The firm had revenue of $673.24 million for the quarter, compared to analysts’ expectations of $628.39 million. During the same period in the prior year, the company posted $0.30 earnings per share. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. On average, research analysts forecast that AMN Healthcare Services Inc will post 2.7 EPS for the current fiscal year.

AMN Healthcare Services Company Profile

(Get Free Report)

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.

Featured Stories

Receive News & Ratings for AMN Healthcare Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services and related companies with MarketBeat.com's FREE daily email newsletter.