AMN Healthcare Services Inc (NYSE:AMN) – Equities researchers at William Blair lowered their Q3 2017 earnings per share (EPS) estimates for AMN Healthcare Services in a research report issued on Thursday. William Blair analyst T. Mchugh now anticipates that the company will post earnings per share of $0.61 for the quarter, down from their prior forecast of $0.62. William Blair also issued estimates for AMN Healthcare Services’ Q4 2017 earnings at $0.62 EPS.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, August 3rd. The company reported $0.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.07. AMN Healthcare Services had a net margin of 6.01% and a return on equity of 26.83%. The firm had revenue of $489.80 million for the quarter, compared to analysts’ expectations of $489.79 million. During the same quarter last year, the firm earned $0.61 EPS. The company’s quarterly revenue was up 3.4% compared to the same quarter last year.

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Several other research analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Wells Fargo & Company began coverage on shares of AMN Healthcare Services in a research note on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 target price on the stock. Finally, ValuEngine downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $45.50.

AMN Healthcare Services (NYSE AMN) opened at 35.95 on Monday. The firm’s 50 day moving average is $37.33 and its 200 day moving average is $38.61. The company has a market cap of $1.72 billion, a PE ratio of 15.84 and a beta of 0.56. AMN Healthcare Services has a 52-week low of $26.00 and a 52-week high of $44.99.

In related news, Director Mark G. Foletta sold 1,500 shares of the stock in a transaction that occurred on Tuesday, June 13th. The shares were sold at an average price of $36.71, for a total transaction of $55,065.00. Following the transaction, the director now owns 6,025 shares in the company, valued at $221,177.75. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.49% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FNY Partners Fund LP acquired a new position in AMN Healthcare Services during the first quarter valued at $101,000. Meadow Creek Investment Management LLC acquired a new position in AMN Healthcare Services during the first quarter valued at $104,000. Bank of Montreal Can acquired a new position in AMN Healthcare Services during the second quarter valued at $105,000. SG Americas Securities LLC acquired a new position in AMN Healthcare Services during the first quarter valued at $117,000. Finally, Creative Planning acquired a new position in AMN Healthcare Services during the second quarter valued at $155,000. Institutional investors and hedge funds own 99.95% of the company’s stock.

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.

Earnings History and Estimates for AMN Healthcare Services (NYSE:AMN)

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