Shares of AMN Healthcare Services Inc (NYSE:AMN) have been given an average rating of “Buy” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $45.00.

AMN has been the subject of a number of recent research reports. Wells Fargo & Company initiated coverage on AMN Healthcare Services in a report on Tuesday, June 27th. They issued an “outperform” rating and a $45.00 price objective for the company. Zacks Investment Research upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a report on Tuesday, July 4th. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, August 12th. Finally, BMO Capital Markets restated a “buy” rating and issued a $43.00 price objective on shares of AMN Healthcare Services in a report on Friday, September 1st.

In other AMN Healthcare Services news, insider Ralph Henderson sold 6,906 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $46.00, for a total transaction of $317,676.00. Following the sale, the insider now owns 31,772 shares of the company’s stock, valued at $1,461,512. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.49% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Acrospire Investment Management LLC boosted its position in AMN Healthcare Services by 13.3% during the second quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock valued at $100,000 after acquiring an additional 300 shares during the last quarter. FNY Partners Fund LP bought a new stake in AMN Healthcare Services during the first quarter valued at $101,000. Bank of Montreal Can bought a new stake in AMN Healthcare Services during the second quarter valued at $105,000. Riverhead Capital Management LLC boosted its position in AMN Healthcare Services by 85.2% during the second quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock valued at $116,000 after acquiring an additional 1,363 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in AMN Healthcare Services during the first quarter valued at $117,000.

WARNING: “Analysts Set AMN Healthcare Services Inc (AMN) Target Price at $45.00” was posted by Daily Political and is owned by of Daily Political. If you are reading this piece on another site, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/10/15/analysts-set-amn-healthcare-services-inc-amn-target-price-at-45-00.html.

Shares of AMN Healthcare Services (NYSE:AMN) traded down 0.48% on Thursday, reaching $41.40. The company’s stock had a trading volume of 553,483 shares. The firm has a 50 day moving average of $40.66 and a 200 day moving average of $38.71. AMN Healthcare Services has a 52-week low of $26.00 and a 52-week high of $46.60. The company has a market cap of $1.99 billion, a PE ratio of 17.47 and a beta of 0.45.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.07. The business had revenue of $489.80 million during the quarter, compared to the consensus estimate of $489.79 million. AMN Healthcare Services had a return on equity of 26.83% and a net margin of 6.01%. AMN Healthcare Services’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.61 earnings per share. Analysts predict that AMN Healthcare Services will post $3.12 earnings per share for the current year.

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.

Analyst Recommendations for AMN Healthcare Services (NYSE:AMN)

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