ValuEngine upgraded shares of AMN Healthcare Services (NYSE:AMN) from a hold rating to a buy rating in a research report sent to investors on Wednesday, October 17th.
A number of other brokerages also recently commented on AMN. Zacks Investment Research upgraded AMN Healthcare Services from a sell rating to a hold rating in a research report on Tuesday, July 10th. BMO Capital Markets reiterated a buy rating and set a $67.00 price objective on shares of AMN Healthcare Services in a research report on Thursday, July 12th. Robert W. Baird reiterated a hold rating and set a $58.00 price objective on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Lake Street Capital cut their price objective on AMN Healthcare Services from $70.00 to $67.00 and set a buy rating for the company in a research report on Friday, August 3rd. Finally, Jefferies Financial Group reiterated a buy rating and set a $68.00 price objective on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. AMN Healthcare Services currently has a consensus rating of Buy and a consensus price target of $65.10.
AMN traded down $0.46 during trading on Wednesday, reaching $58.64. The stock had a trading volume of 352,260 shares, compared to its average volume of 611,841. The company has a market capitalization of $2.77 billion, a price-to-earnings ratio of 22.91, a price-to-earnings-growth ratio of 1.39 and a beta of 0.54. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 1.65. AMN Healthcare Services has a 1-year low of $42.35 and a 1-year high of $68.20.
In other news, insider Susan R. Salka sold 11,953 shares of the stock in a transaction on Monday, November 5th. The stock was sold at an average price of $56.49, for a total value of $675,224.97. Following the completion of the sale, the insider now owns 153,789 shares in the company, valued at $8,687,540.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.18% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Mount Yale Investment Advisors LLC acquired a new position in shares of AMN Healthcare Services in the first quarter worth $172,000. Tower Research Capital LLC TRC increased its position in AMN Healthcare Services by 109.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,260 shares of the company’s stock worth $191,000 after buying an additional 1,705 shares during the last quarter. Palouse Capital Management Inc. acquired a new position in AMN Healthcare Services during the third quarter worth $200,000. D.A. Davidson & CO. acquired a new position in AMN Healthcare Services during the second quarter worth $202,000. Finally, Truvestments Capital LLC acquired a new position in AMN Healthcare Services during the second quarter worth $218,000.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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