AMN Healthcare Services, Inc. (NYSE:AMN) – Investment analysts at Jefferies Financial Group increased their FY2018 earnings per share (EPS) estimates for shares of AMN Healthcare Services in a note issued to investors on Thursday, November 1st. Jefferies Financial Group analyst J. Plagman now expects that the company will earn $3.27 per share for the year, up from their prior forecast of $3.20. Jefferies Financial Group has a “Buy” rating and a $68.00 price target on the stock. Jefferies Financial Group also issued estimates for AMN Healthcare Services’ Q1 2019 earnings at $0.87 EPS, Q2 2019 earnings at $0.84 EPS, Q3 2019 earnings at $0.89 EPS and Q4 2019 earnings at $1.00 EPS.
AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Wednesday, October 31st. The company reported $0.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.08. AMN Healthcare Services had a net margin of 6.96% and a return on equity of 25.32%. The firm had revenue of $526.84 million for the quarter, compared to analysts’ expectations of $526.90 million. During the same quarter in the prior year, the business earned $0.63 EPS. The business’s quarterly revenue was up 6.6% on a year-over-year basis.
NYSE AMN opened at $57.75 on Friday. AMN Healthcare Services has a 12 month low of $37.71 and a 12 month high of $68.20. The company has a market cap of $2.74 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 1.38 and a beta of 0.54. The company has a current ratio of 1.58, a quick ratio of 1.65 and a debt-to-equity ratio of 0.77.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its position in shares of 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 valued at $191,000 after buying an additional 1,705 shares during the last quarter. Palouse Capital Management Inc. bought a new stake in shares of AMN Healthcare Services during the third quarter valued at approximately $200,000. D.A. Davidson & CO. bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $202,000. Truvestments Capital LLC bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $218,000. Finally, Atria Investments LLC bought a new stake in shares of AMN Healthcare Services during the second quarter valued at approximately $223,000.
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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