AMN Healthcare Services, Inc. (NYSE:AMN) – Research analysts at Jefferies Group lowered their Q1 2018 earnings per share estimates for AMN Healthcare Services in a research note issued to investors on Friday. Jefferies Group analyst J. Plagman now expects that the company will post earnings per share of $0.80 for the quarter, down from their previous estimate of $0.81. Jefferies Group has a “Buy” rating and a $66.00 price objective on the stock. Jefferies Group also issued estimates for AMN Healthcare Services’ Q2 2018 earnings at $0.83 EPS, Q4 2018 earnings at $0.88 EPS, FY2018 earnings at $3.35 EPS, FY2019 earnings at $3.70 EPS and FY2020 earnings at $4.10 EPS.
AMN Healthcare Services (NYSE:AMN) last released 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 analysts’ expectations of $501.64 million. AMN Healthcare Services had a return on equity of 24.26% and a net margin of 6.67%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 EPS.
AMN Healthcare Services (NYSE AMN) opened at $56.50 on Monday. The stock has a market capitalization of $2,692.70, a PE ratio of 22.07 and a beta of 0.51. AMN Healthcare Services has a 1 year low of $34.71 and a 1 year high of $57.75. The company has a current ratio of 1.79, a quick ratio of 1.81 and a debt-to-equity ratio of 0.57.
Several hedge funds have recently modified their holdings of the company. BlackRock Inc. raised its stake in shares of AMN Healthcare Services by 3.0% during the 4th quarter. BlackRock Inc. now owns 5,934,876 shares of the company’s stock worth $292,292,000 after buying an additional 174,113 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in AMN Healthcare Services by 1.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,728,269 shares of the company’s stock valued at $78,981,000 after purchasing an additional 23,613 shares in the last quarter. Bank of New York Mellon Corp increased its stake in AMN Healthcare Services by 1.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,362,806 shares of the company’s stock valued at $62,281,000 after purchasing an additional 17,777 shares in the last quarter. State Street Corp increased its stake in AMN Healthcare Services by 4.8% in the 2nd quarter. State Street Corp now owns 1,237,418 shares of the company’s stock valued at $48,321,000 after purchasing an additional 56,269 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in AMN Healthcare Services by 29.2% in the 4th quarter. Victory Capital Management Inc. now owns 1,021,463 shares of the company’s stock valued at $50,307,000 after purchasing an additional 231,101 shares in the last quarter.
In other news, insider Ralph Henderson sold 15,272 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $49.00, for a total transaction of $748,328.00. Following the completion of the transaction, the insider now directly owns 16,500 shares of the company’s stock, valued at approximately $808,500. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Susan R. Salka sold 95,219 shares of the stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $49.35, for a total value of $4,699,057.65. Following the transaction, the insider now directly owns 222,168 shares of the company’s stock, valued at $10,963,990.80. The disclosure for this sale can be found here. Insiders have sold a total of 169,588 shares of company stock valued at $8,492,501 over the last ninety days. 2.49% of the stock is owned by insiders.
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About AMN Healthcare Services
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.
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