AMN Healthcare Services (AHS) was Initiated by Lake Street to “Buy” and the brokerage firm has set the Price Target at $46. Lake Street advised their investors in a research report released on May 31, 2016.
On the company’s financial health, AMN Healthcare Services reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.50. The company had revenue of $468.00 million for the quarter, compared to analysts expectations of $446.47 million. The company’s revenue was up 42.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
AMN Healthcare Services opened for trading at $35.9 and hit $36.62 on the upside on Friday, eventually ending the session at $36.1, with a gain of 0.31% or 0.11 points. The heightened volatility saw the trading volume jump to 7,97,272 shares. Company has a market cap of $1,734 M.
In a different news, on May 10, 2016, Paul E Weaver (director) sold 12,000 shares at $38.43 per share price. According to the SEC, on May 9, 2016, Susan R Salka (President and CEO) sold 20,000 shares at $38.00 per share price. On Apr 8, 2016, Denise L Jackson (General Counsel / Sr. V.P.) sold 1,243 shares at $35.00 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.