AMN Healthcare Services, Inc. (AMN) to Post Q2 2018 Earnings of $0.88 Per Share, Jefferies Group Forecasts

AMN Healthcare Services, Inc. (NYSE:AMN) – Stock analysts at Jefferies Group increased their Q2 2018 earnings per share estimates for AMN Healthcare Services in a research report issued to clients and investors on Tuesday, April 10th. Jefferies Group analyst J. Plagman now expects that the company will post earnings per share of $0.88 for the quarter, up from their prior forecast of $0.83. Jefferies Group has a “Buy” rating and a $71.00 price target on the stock.

Several other analysts also recently issued reports on the stock. Lake Street Capital raised their price objective on shares of AMN Healthcare Services to $70.00 and gave the stock a “buy” rating in a research note on Tuesday. BMO Capital Markets lifted their price target on shares of AMN Healthcare Services from $64.00 to $66.00 and gave the company an “outperform” rating in a research note on Tuesday. Credit Suisse Group lifted their price target on shares of AMN Healthcare Services from $62.00 to $67.00 and gave the company an “outperform” rating in a research note on Tuesday. Benchmark lifted their price target on shares of AMN Healthcare Services from $60.00 to $66.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $64.00 price target on shares of AMN Healthcare Services in a research note on Tuesday. Eleven research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of $62.60.



Shares of NYSE AMN opened at $65.20 on Thursday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $3,012.01, a price-to-earnings ratio of 25.47 and a beta of 0.42. AMN Healthcare Services has a 1 year low of $34.71 and a 1 year high of $65.88.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, February 15th. The company reported $0.63 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.63. The business had revenue of $509.10 million during the quarter, compared to the consensus estimate of $501.64 million. AMN Healthcare Services had a net margin of 6.67% and a return on equity of 24.26%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.62 earnings per share.

In other news, CFO Brian M. Scott sold 3,634 shares of AMN Healthcare Services stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $55.03, for a total transaction of $199,979.02. Following the completion of the sale, the chief financial officer now owns 78,062 shares of the company’s stock, valued at $4,295,751.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ralph Henderson sold 8,219 shares of AMN Healthcare Services stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $52.00, for a total transaction of $427,388.00. Following the sale, the insider now directly owns 30,052 shares of the company’s stock, valued at approximately $1,562,704. The disclosure for this sale can be found here. Insiders have sold 36,616 shares of company stock valued at $2,002,501 in the last ninety days. Insiders own 2.18% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. purchased a new position in AMN Healthcare Services during the fourth quarter valued at approximately $206,000. Creative Planning purchased a new position in AMN Healthcare Services during the fourth quarter valued at approximately $209,000. M&T Bank Corp purchased a new position in AMN Healthcare Services during the fourth quarter valued at approximately $210,000. Shelton Capital Management purchased a new position in AMN Healthcare Services during the fourth quarter valued at approximately $212,000. Finally, Polen Capital Management LLC purchased a new position in AMN Healthcare Services during the fourth quarter valued at approximately $223,000.

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AMN Healthcare Services Company Profile

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.

Earnings History and Estimates for AMN Healthcare Services (NYSE:AMN)

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