AMN Healthcare Services (AMN) Set to Announce Earnings on Thursday

AMN Healthcare Services (NYSE:AMN) will be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.63 per share for the quarter. AMN Healthcare Services has set its Q3 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.22. AMN Healthcare Services had a return on equity of 23.68% and a net margin of 3.07%. The business had revenue of $740.69 million for the quarter, compared to analysts’ expectations of $740.43 million. During the same period in the previous year, the firm posted $2.38 EPS. The business’s revenue was down 25.3% on a year-over-year basis. On average, analysts expect AMN Healthcare Services to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

AMN Healthcare Services Stock Up 3.3 %

Shares of NYSE:AMN opened at $39.65 on Wednesday. The firm has a market capitalization of $1.51 billion, a P/E ratio of 15.31 and a beta of 0.13. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.23 and a current ratio of 1.23. The stock has a 50 day moving average price of $43.09 and a 200-day moving average price of $51.38. AMN Healthcare Services has a 52-week low of $36.50 and a 52-week high of $80.22.

Analyst Ratings Changes

AMN has been the subject of several recent research reports. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Truist Financial dropped their price objective on shares of AMN Healthcare Services from $70.00 to $50.00 and set a “buy” rating on the stock in a research note on Monday, October 21st. UBS Group decreased their target price on shares of AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. Bank of America cut AMN Healthcare Services from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. Finally, StockNews.com lowered AMN Healthcare Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 31st. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $58.20.

Insider Buying and Selling

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the sale, the chief financial officer now directly owns 37,550 shares in the company, valued at approximately $1,385,595. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.93% of the stock is owned by company insiders.

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.