2,020 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Bought by EMC Capital Management

EMC Capital Management bought a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,020 shares of the company’s stock, valued at approximately $126,000.

Several other large investors have also bought and sold shares of the stock. Hexagon Capital Partners LLC boosted its stake in AMN Healthcare Services by 69.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 360 shares of the company’s stock valued at $27,000 after purchasing an additional 147 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of AMN Healthcare Services in the 4th quarter worth approximately $31,000. Quarry LP raised its holdings in shares of AMN Healthcare Services by 64.8% in the 4th quarter. Quarry LP now owns 519 shares of the company’s stock worth $39,000 after purchasing an additional 204 shares during the period. Principal Securities Inc. bought a new stake in shares of AMN Healthcare Services in the 4th quarter worth approximately $49,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of AMN Healthcare Services in the 1st quarter worth approximately $58,000. 99.23% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on AMN shares. Truist Financial reduced their price target on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Benchmark reiterated a “hold” rating on shares of AMN Healthcare Services in a research report on Tuesday, May 28th. BMO Capital Markets lowered their price target on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, May 13th. StockNews.com downgraded shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, JMP Securities reissued a “market outperform” rating and issued a $75.00 price target on shares of AMN Healthcare Services in a research note on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $75.57.

AMN Healthcare Services Stock Down 4.6 %

AMN traded down $3.07 during midday trading on Friday, reaching $63.81. The company’s stock had a trading volume of 854,155 shares, compared to its average volume of 787,583. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of 17.13 and a beta of 0.12. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a 1 year low of $46.74 and a 1 year high of $103.89. The stock’s 50-day moving average is $54.81 and its 200-day moving average is $60.30.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The business had revenue of $820.90 million for the quarter, compared to analysts’ expectations of $816.54 million. During the same quarter in the prior year, the company earned $2.49 earnings per share. The business’s revenue was down 27.1% compared to the same quarter last year. As a group, research analysts expect that AMN Healthcare Services, Inc. will post 3.15 EPS for the current year.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.