AMN Healthcare Services (AHS) was Reiterated by Lake Street to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 50 from a previous price target of $46 . Lake Street advised their investors in a research report released on Aug 5, 2016.
Many Wall Street Analysts have commented on AMN Healthcare Services. Lake Street Initiated AMN Healthcare Services on May 31, 2016 to “Buy”, Price Target of the shares are set at $46.
On the company’s financial health, AMN Healthcare Services reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.53. The company had revenue of $473.70 million for the quarter, compared to analysts expectations of $455.14 million. The company’s revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
AMN Healthcare Services closed down -1.44 points or -3.32% at $41.93 with 17,46,887 shares getting traded on Thursday. Post opening the session at $42.75, the shares hit an intraday low of $40.88 and an intraday high of $42.8 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Jun 8, 2016, Susan R Salka (President and CEO) sold 30,000 shares at $40.00 per share price. According to the SEC, on Jun 8, 2016, Ralph Henderson (Pres., Prof. Svc. & Staffing) sold 20,000 shares at $39.33 per share price. On May 10, 2016, Paul E Weaver (director) sold 12,000 shares at $38.43 per share price, according to the Form-4 filing with the securities and exchange commission.
AMN Healthcare Services Inc. (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company’s workforce solutions include managed services programs (MSP) vendor management systems (VMS) recruitment process outsourcing (RPO) workforce consulting services predictive modeling staff scheduling and the placement of physicians nurses and allied healthcare professionals into temporary and permanent positions enable its clients to reduce staffing complexity increase efficiency and improve patient outcomes within the rapidly evolving healthcare environment. The Company’s clients include acute and sub-acute care hospitals community health centers and clinics physician practice groups home health facilities and several other healthcare settings. The Company provides its services through three segments: Nurse and Allied Healthcare Staffing Segment Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.