Shares of AMN Healthcare Services Inc (NYSE:AMN) reached a new 52-week high on Wednesday . The company traded as high as $47.20 and last traded at $45.75, with a volume of 488900 shares. The stock had previously closed at $44.55.

A number of analysts have weighed in on the company. KeyCorp initiated coverage on AMN Healthcare Services in a report on Friday, November 17th. They set an “overweight” rating and a $50.00 target price for the company. BMO Capital Markets reaffirmed a “buy” rating and set a $48.00 price target (up from $47.00) on shares of AMN Healthcare Services in a research report on Sunday, November 12th. Credit Suisse Group initiated coverage on AMN Healthcare Services in a research report on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price target on the stock. Robert W. Baird upped their price target on AMN Healthcare Services from $41.00 to $43.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. Finally, Benchmark Co. reaffirmed a “buy” rating and set a $52.00 price target (up from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday, October 25th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $47.44.

The stock has a market capitalization of $2,260.00, a PE ratio of 17.47 and a beta of 0.41. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The business had revenue of $494.41 million for the quarter, compared to the consensus estimate of $493.89 million. During the same period in the prior year, the firm posted $0.62 earnings per share. The business’s quarterly revenue was up 4.6% on a year-over-year basis. sell-side analysts forecast that AMN Healthcare Services Inc will post 2.56 EPS for the current fiscal year.

In related news, insider Ralph Henderson sold 6,906 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $46.00, for a total value of $317,676.00. Following the transaction, the insider now directly owns 31,772 shares of the company’s stock, valued at approximately $1,461,512. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Andrew M. Stern sold 10,000 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $42.89, for a total value of $428,900.00. Following the completion of the transaction, the director now directly owns 6,668 shares in the company, valued at $285,990.52. The disclosure for this sale can be found here. Over the last three months, insiders sold 91,362 shares of company stock worth $3,863,304. 2.49% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Macquarie Group Ltd. boosted its holdings in AMN Healthcare Services by 47.6% in the second quarter. Macquarie Group Ltd. now owns 960,656 shares of the company’s stock valued at $37,514,000 after purchasing an additional 309,693 shares during the last quarter. Credit Suisse AG purchased a new stake in AMN Healthcare Services in the first quarter valued at $1,088,000. State Street Corp purchased a new stake in AMN Healthcare Services in the first quarter valued at $47,957,000. Sei Investments Co. boosted its holdings in AMN Healthcare Services by 8.9% in the second quarter. Sei Investments Co. now owns 50,600 shares of the company’s stock valued at $1,975,000 after purchasing an additional 4,139 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in AMN Healthcare Services by 9.5% in the second quarter. Legal & General Group Plc now owns 90,982 shares of the company’s stock valued at $3,552,000 after purchasing an additional 7,865 shares during the last quarter.

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About AMN Healthcare Services

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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