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4 Analysts Assess AMN Healthcare Services: What You Need To Know

Author: Benzinga Insights | April 22, 2024 01:01pm

In the latest quarter, 4 analysts provided ratings for AMN Healthcare Services (NYSE:AMN), showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 3 0 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 1 0 0 0
3M Ago 0 2 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $78.75, a high estimate of $87.00, and a low estimate of $70.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 10.51%.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A comprehensive examination of how financial experts perceive AMN Healthcare Services is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Tobey Sommer Truist Securities Lowers Buy $70.00 $88.00
Constantine Davides JMP Securities Lowers Market Outperform $75.00 $87.00
Jeffrey Silber BMO Capital Lowers Outperform $83.00 $85.00
Constantine Davides JMP Securities Lowers Market Outperform $87.00 $92.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to AMN Healthcare Services. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AMN Healthcare Services compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for AMN Healthcare Services's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of AMN Healthcare Services's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on AMN Healthcare Services analyst ratings.

Get to Know AMN Healthcare Services Better

AMN Healthcare Services is one of the largest healthcare staffing company in the United States. In 2023, it offered more than 13,000 nurses and allied healthcare full-time workers with provider clients nationwide. About two thirds of its business is generated from its temporary nursing division; the other third is generated from its physician placement and technology-backed workplace solutions divisions.

Unraveling the Financial Story of AMN Healthcare Services

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Challenges: AMN Healthcare Services's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -27.3%. This indicates a decrease in top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: AMN Healthcare Services's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 1.53%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.52%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.45%, the company showcases effective utilization of assets.

Debt Management: With a high debt-to-equity ratio of 1.62, AMN Healthcare Services faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Basics of Analyst Ratings

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: AMN

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