AlphaMark Advisors LLC Makes New Investment in AMN Healthcare Services, Inc. (NYSE:AMN)

AlphaMark Advisors LLC acquired a new stake in AMN Healthcare Services, Inc. (NYSE:AMN) in the 1st quarter, Holdings Channel reports. The fund acquired 4,066 shares of the company’s stock, valued at approximately $254,000.

A number of other hedge funds have also made changes to their positions in the stock. FMR LLC raised its position in AMN Healthcare Services by 0.8% in the third quarter. FMR LLC now owns 68,862 shares of the company’s stock worth $5,866,000 after acquiring an additional 536 shares in the last quarter. Qube Research & Technologies Ltd lifted its stake in AMN Healthcare Services by 355.2% during the third quarter. Qube Research & Technologies Ltd now owns 47,455 shares of the company’s stock valued at $4,042,000 after purchasing an additional 37,031 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in AMN Healthcare Services by 6.4% during the third quarter. Advisors Asset Management Inc. now owns 12,704 shares of the company’s stock worth $1,082,000 after buying an additional 760 shares in the last quarter. WealthPlan Investment Management LLC boosted its holdings in AMN Healthcare Services by 21,523.1% during the third quarter. WealthPlan Investment Management LLC now owns 11,244 shares of the company’s stock worth $958,000 after buying an additional 11,192 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in AMN Healthcare Services by 19.1% in the third quarter. Public Employees Retirement System of Ohio now owns 55,038 shares of the company’s stock worth $4,688,000 after buying an additional 8,837 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

AMN Healthcare Services Trading Up 0.2 %

Shares of NYSE AMN opened at $49.40 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a one year low of $49.06 and a one year high of $112.44. The business has a 50-day moving average price of $56.03 and a two-hundred day moving average price of $63.10. The firm has a market capitalization of $1.88 billion, a PE ratio of 13.26 and a beta of 0.13.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The business had revenue of $820.90 million during the quarter, compared to analysts’ expectations of $816.54 million. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The firm’s quarterly revenue was down 27.1% compared to the same quarter last year. During the same period last year, the company posted $2.49 earnings per share. As a group, analysts predict that AMN Healthcare Services, Inc. will post 3.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMN has been the subject of a number of recent research reports. Bank of America increased their price objective on AMN Healthcare Services from $61.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, May 15th. BMO Capital Markets reduced their target price on AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a report on Monday, May 13th. Truist Financial decreased their price target on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. JMP Securities restated a “market outperform” rating and set a $75.00 price objective on shares of AMN Healthcare Services in a report on Friday, May 10th. Finally, StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $75.57.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.