AMN Healthcare Services (NYSE:AMN) had its price target upped by equities research analysts at BMO Capital Markets from $59.00 to $64.00 in a research report issued on Thursday. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 10.34% from the company’s previous close. The analysts noted that the move was a valuation call.
Several other brokerages have also recently issued reports on AMN. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Jefferies Group assumed coverage on shares of AMN Healthcare Services in a report on Thursday, February 1st. They issued a “buy” rating and a $66.00 target price on the stock. Robert W. Baird raised their target price on shares of AMN Healthcare Services from $43.00 to $60.00 and gave the stock a “positive” rating in a report on Friday, February 16th. Lake Street Capital restated a “buy” rating and issued a $61.00 target price (up previously from $50.00) on shares of AMN Healthcare Services in a report on Friday, February 16th. Finally, SunTrust Banks restated a “buy” rating and issued a $58.00 target price on shares of AMN Healthcare Services in a report on Friday, December 8th. Eleven investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of $58.10.
Shares of AMN Healthcare Services stock opened at $58.00 on Thursday. The firm has a market cap of $2,821.38, a P/E ratio of 21.56 and a beta of 0.47. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.57. AMN Healthcare Services has a 1 year low of $34.71 and a 1 year high of $60.80.
In other news, CFO Brian M. Scott sold 3,634 shares of AMN Healthcare Services stock in a transaction on Friday, February 16th. The shares were sold at an average price of $55.03, for a total transaction of $199,979.02. Following the transaction, the chief financial officer now owns 78,062 shares in the company, valued at approximately $4,295,751.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Susan R. Salka sold 95,219 shares of AMN Healthcare Services stock in a transaction on Friday, January 12th. The stock was sold at an average price of $49.35, for a total transaction of $4,699,057.65. Following the transaction, the insider now owns 222,168 shares in the company, valued at approximately $10,963,990.80. The disclosure for this sale can be found here. Insiders have sold a total of 131,835 shares of company stock worth $6,701,558 in the last quarter. Corporate insiders own 2.18% of the company’s stock.
Several institutional investors have recently modified their holdings of AMN. Victory Capital Management Inc. boosted its stake in shares of AMN Healthcare Services by 29.2% during the 4th quarter. Victory Capital Management Inc. now owns 1,021,463 shares of the company’s stock worth $50,307,000 after acquiring an additional 231,101 shares during the last quarter. Kestrel Investment Management Corp purchased a new position in shares of AMN Healthcare Services during the 3rd quarter worth $9,897,000. BlackRock Inc. boosted its stake in shares of AMN Healthcare Services by 3.0% during the 4th quarter. BlackRock Inc. now owns 5,934,876 shares of the company’s stock worth $292,292,000 after acquiring an additional 174,113 shares during the last quarter. Fort L.P. purchased a new position in shares of AMN Healthcare Services during the 3rd quarter worth $7,413,000. Finally, Wells Fargo & Company MN boosted its stake in shares of AMN Healthcare Services by 23.2% during the 3rd quarter. Wells Fargo & Company MN now owns 849,157 shares of the company’s stock worth $38,807,000 after acquiring an additional 159,777 shares during the last quarter.
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AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.
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