Zacks Research Issues Negative Forecast for AMN Earnings

AMN Healthcare Services Inc (NYSE:AMN) – Equities research analysts at Zacks Research cut their Q1 2028 EPS estimates for AMN Healthcare Services in a research report issued to clients and investors on Thursday, April 16th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.82 per share for the quarter, down from their prior estimate of $0.86. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $1.33 per share.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. AMN Healthcare Services had a positive return on equity of 8.05% and a negative net margin of 3.51%.The business had revenue of $748.23 million during the quarter, compared to the consensus estimate of $723.11 million. During the same quarter in the previous year, the firm earned $0.75 earnings per share. AMN Healthcare Services’s revenue for the quarter was up 1.8% compared to the same quarter last year.

Several other equities research analysts have also weighed in on AMN. Citizens Jmp lifted their price objective on AMN Healthcare Services from $22.00 to $24.00 and gave the stock a “market outperform” rating in a report on Monday, February 23rd. BMO Capital Markets upped their target price on AMN Healthcare Services from $22.00 to $25.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. UBS Group increased their price objective on AMN Healthcare Services from $19.00 to $19.50 and gave the stock a “neutral” rating in a report on Friday, February 20th. Citigroup reissued an “outperform” rating on shares of AMN Healthcare Services in a research note on Monday, February 23rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AMN Healthcare Services in a research report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, AMN Healthcare Services has an average rating of “Hold” and an average target price of $22.64.

AMN Healthcare Services Price Performance

Shares of AMN opened at $20.43 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.19. The business’s fifty day moving average is $19.05 and its 200 day moving average is $18.38. AMN Healthcare Services has a 12-month low of $14.86 and a 12-month high of $23.74. The stock has a market cap of $789.45 million, a P/E ratio of -8.21, a P/E/G ratio of 0.79 and a beta of 0.25.

Hedge Funds Weigh In On AMN Healthcare Services

Several institutional investors have recently added to or reduced their stakes in AMN. Hsbc Holdings PLC bought a new stake in AMN Healthcare Services during the 4th quarter valued at $168,000. Alpine Global Management LLC purchased a new stake in AMN Healthcare Services during the 4th quarter valued at about $176,000. Invesco Ltd. grew its stake in AMN Healthcare Services by 4.9% during the 4th quarter. Invesco Ltd. now owns 410,993 shares of the company’s stock valued at $6,477,000 after purchasing an additional 19,352 shares during the last quarter. State of Tennessee Department of Treasury boosted its stake in shares of AMN Healthcare Services by 55.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 23,402 shares of the company’s stock worth $369,000 after buying an additional 8,368 shares during the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of AMN Healthcare Services in the fourth quarter worth about $826,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Company Profile

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.