AMN Healthcare Services (NYSE:AMN) announced its quarterly earnings data on Tuesday. The company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.07, Bloomberg Earnings reports. The firm had revenue of $535.20 million during the quarter, compared to the consensus estimate of $526.06 million. AMN Healthcare Services had a return on equity of 24.75% and a net margin of 6.21%. The business’s revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.83 earnings per share. AMN Healthcare Services updated its Q3 2019 guidance to EPS.
Shares of AMN Healthcare Services stock opened at $52.38 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market capitalization of $2.41 billion, a P/E ratio of 15.92, a PEG ratio of 1.39 and a beta of 0.89. The company’s 50 day simple moving average is $53.93. AMN Healthcare Services has a 52 week low of $45.04 and a 52 week high of $65.81.
A number of equities analysts recently commented on the company. BMO Capital Markets upped their target price on AMN Healthcare Services from $57.00 to $60.00 and gave the company an “outperform” rating in a report on Tuesday, June 18th. ValuEngine upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. AMN Healthcare Services currently has a consensus rating of “Buy” and a consensus target price of $67.00.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities 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; 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 under the Staff Care and Locum Leaders brands.
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