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

AMN Healthcare Services (NYSE:AMN) will be issuing its quarterly earnings data after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. AMN Healthcare Services has set its Q2 2024 guidance at EPS.Parties 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, May 9th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04. The firm had revenue of $820.90 million for the quarter, compared to the consensus estimate of $816.54 million. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The company’s quarterly revenue was down 27.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.49 EPS. On average, analysts expect AMN Healthcare Services to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

AMN Healthcare Services Price Performance

AMN stock opened at $61.69 on Wednesday. The business’s fifty day moving average price is $55.19 and its 200 day moving average price is $59.84. 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 has a 12-month low of $46.74 and a 12-month high of $92.53. The company has a market capitalization of $2.34 billion, a PE ratio of 16.58 and a beta of 0.12.

Analysts Set New Price Targets

A number of research analysts have recently commented on AMN shares. 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 report on Wednesday, May 15th. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research note on Tuesday, May 28th. Truist Financial cut their target price on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a research note on Monday, April 22nd. StockNews.com downgraded AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Wednesday, July 31st. Finally, BMO Capital Markets dropped their price objective on AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating for the company in a research note on Monday, May 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, AMN Healthcare Services presently has an average rating of “Hold” and an average target price of $70.67.

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.