AMN Healthcare Services (NYSE:AMN) issued its quarterly earnings results on Thursday. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.11, Bloomberg Earnings reports. AMN Healthcare Services had a net margin of 5.64% and a return on equity of 22.47%. The company had revenue of $586.89 million for the quarter, compared to analyst estimates of $575.50 million. AMN Healthcare Services updated its Q1 2020
After-Hours guidance to EPS.
Shares of AMN traded up $6.56 during trading hours on Friday, reaching $78.54. The company had a trading volume of 53,604 shares, compared to its average volume of 281,104. The firm has a 50 day simple moving average of $65.84 and a 200-day simple moving average of $59.69. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 30.80, a PEG ratio of 1.67 and a beta of 0.79. AMN Healthcare Services has a 12-month low of $45.04 and a 12-month high of $73.35.
A number of research analysts recently issued reports on the stock. Cfra upgraded shares of AMN Healthcare Services from a “buy” rating to a “strong-buy” rating in a research note on Friday. ValuEngine lowered AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Monday, December 16th. Sidoti raised their target price on shares of AMN Healthcare Services from $73.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Benchmark reiterated a “buy” rating and set a $78.00 target price (up previously from $73.00) on shares of AMN Healthcare Services in a research note on Friday. Finally, SunTrust Banks upped their price target on AMN Healthcare Services from $75.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. AMN Healthcare Services presently has a consensus rating of “Buy” and an average price target of $74.00.
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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