What is Zacks Research’s Estimate for AMN Q4 Earnings?

AMN Healthcare Services Inc (NYSE:AMN) – Analysts at Zacks Research decreased their Q4 2027 earnings estimates for shares of AMN Healthcare Services in a report issued on Wednesday, March 18th. Zacks Research analyst Team now expects that the company will post earnings per share of ($0.10) for the quarter, down from their previous estimate of ($0.09). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for AMN Healthcare Services’ current full-year earnings is $1.33 per share.

A number of other brokerages also recently commented on AMN. JPMorgan Chase & Co. set a $25.00 price objective on AMN Healthcare Services in a research report on Thursday, January 15th. UBS Group boosted their target price on AMN Healthcare Services from $19.00 to $19.50 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Citizens Jmp upped their target price on AMN Healthcare Services from $22.00 to $24.00 and gave the company a “market outperform” rating in a report on Monday, February 23rd. BMO Capital Markets increased their price target on AMN Healthcare Services from $22.00 to $25.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Finally, Robert W. Baird lifted their price target on AMN Healthcare Services from $21.00 to $23.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $22.64.

AMN Healthcare Services Trading Up 0.5%

AMN Healthcare Services stock opened at $18.49 on Monday. The firm has a market cap of $714.30 million, a price-to-earnings ratio of -7.42, a price-to-earnings-growth ratio of 0.75 and a beta of 0.23. AMN Healthcare Services has a 1 year low of $14.86 and a 1 year high of $24.74. The firm’s 50 day moving average price is $19.53 and its two-hundred day moving average price is $18.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.94 and a current ratio of 0.94.

AMN Healthcare Services (NYSE:AMN) last released its earnings results on Thursday, February 19th. The company reported $0.22 EPS for the quarter, hitting analysts’ consensus estimates of $0.22. The business had revenue of $748.23 million for the quarter, compared to the consensus estimate of $723.11 million. AMN Healthcare Services had a negative net margin of 3.51% and a positive return on equity of 8.05%. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS.

Hedge Funds Weigh In On AMN Healthcare Services

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in shares of AMN Healthcare Services in the fourth quarter valued at $32,000. Strengthening Families & Communities LLC grew its holdings in shares of AMN Healthcare Services by 238.5% during the third quarter. Strengthening Families & Communities LLC now owns 1,713 shares of the company’s stock valued at $33,000 after buying an additional 1,207 shares in the last quarter. China Universal Asset Management Co. Ltd. grew its holdings in shares of AMN Healthcare Services by 200.0% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 3,000 shares of the company’s stock valued at $47,000 after buying an additional 2,000 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in AMN Healthcare Services during the third quarter valued at $63,000. Finally, Tower Research Capital LLC TRC raised its position in AMN Healthcare Services by 49.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after buying an additional 1,020 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.