AMN Healthcare Services Inc. (NYSE:AHS)’s share price hit a new 52-week high on Wednesday . The company traded as high as $43.96 and last traded at $43.85, with a volume of 256,227 shares traded. The stock had previously closed at $42.88.

A number of brokerages have weighed in on AHS. Zacks Investment Research raised AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research report on Tuesday, April 12th. Lake Street Capital began coverage on AMN Healthcare Services in a research report on Tuesday, May 31st. They issued a “buy” rating and a $46.00 target price for the company. SunTrust Banks Inc. boosted their target price on AMN Healthcare Services from $19.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, March 28th. Robert W. Baird reissued a “buy” rating on shares of AMN Healthcare Services in a research report on Sunday, May 8th. Finally, Avondale Partners boosted their target price on AMN Healthcare Services from $42.00 to $43.00 and gave the stock a “market outperform” rating in a research report on Tuesday, May 17th. Six research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $42.60.

The company’s 50 day moving average is $40.45 and its 200-day moving average is $33.78. The firm has a market capitalization of $2.10 billion and a PE ratio of 22.30.

AMN Healthcare Services (NYSE:AHS) last posted its quarterly earnings data on Thursday, May 5th. The company reported $0.60 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.10. The business earned $468 million during the quarter, compared to analysts’ expectations of $446.51 million. The firm’s quarterly revenue was up 42.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 earnings per share. On average, equities research analysts expect that AMN Healthcare Services Inc. will post $2.24 earnings per share for the current fiscal year.

In other news, Director Paul E. Weaver sold 12,000 shares of AMN Healthcare Services stock in a transaction that occurred on Monday, May 9th. The stock was sold at an average price of $38.42, for a total value of $461,040.00. Following the sale, the director now directly owns 61,780 shares of the company’s stock, valued at $2,373,587.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Susan R. Salka sold 20,000 shares of AMN Healthcare Services stock in a transaction that occurred on Friday, May 6th. The stock was sold at an average price of $38.00, for a total value of $760,000.00. Following the completion of the sale, the chief executive officer now directly owns 358,688 shares in the company, valued at $13,630,144. The disclosure for this sale can be found here.

Other hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN raised its stake in shares of AMN Healthcare Services by 38.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,257,844 shares of the company’s stock worth $70,107,000 after buying an additional 621,404 shares in the last quarter. Victory Capital Management Inc. raised its position in AMN Healthcare Services by 18,876.9% in the fourth quarter. Victory Capital Management Inc. now owns 378,779 shares of the company’s stock worth $11,761,000 after buying an additional 376,783 shares during the period. State of Tennessee Treasury Department bought a new position in AMN Healthcare Services during the fourth quarter worth $3,950,000. Bank of Montreal Can raised its position in AMN Healthcare Services by 20.8% in the fourth quarter. Bank of Montreal Can now owns 650,993 shares of the company’s stock worth $20,215,000 after buying an additional 112,212 shares during the period. Finally, Deimos Asset Management LLC bought a new position in AMN Healthcare Services during the fourth quarter worth $1,630,000.

AMN Healthcare Services, Inc (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company operates through three segments: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.

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