UBS Maintains AMN Healthcare Services to Buy with Price Target $48.50

Brokerage firm UBS Maintains its rating on AMN Healthcare Services(NYSE:AHS). In a research note issued to the investors, the brokerage major Raises the price-target to $48.50 per share. The shares have been rated Buy. The rating by UBS was issued on Aug 5, 2016.

In a different note, Lake Street said it Initiates Coverage on AMN Healthcare Services, according to a research note issued on May 31, 2016. The shares have been rated ‘Buy’ by the firm. On May 17, 2016, Avondale Partners said it Maintains its rating on AMN Healthcare Services. In the research note, the firm Raises the price-target to $42.00 per share. The shares have been rated ‘Market Outperform’ by the firm. On May 12, 2016, SunTrust Robinson Humphrey said it Maintains its rating on AMN Healthcare Services. In the research note, the firm Raises the price-target to $40.00 per share. The shares have been rated ‘Buy’ by the firm.

AMN Healthcare Services (AHS) shares turned negative on Wednesdays trading session with the shares closing down -0.11 points or -0.32% at a volume of 12,09,189. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $34.51. The peak price level was also seen at $34.51 while the days lowest was $33.77. Finally the shares closed at $34.24. The 52-week high of the shares is $44.99 while the 52-week low is $21.24. According to the latest information available, the market cap of the company is $1,645 M.

AMN Healthcare Services(AHS) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $473.73M. Analysts had an estimated revenue of $455.14M. Earnings per share were $0.61. Analysts had estimated an EPS of $0.53.

Several Insider Transactions has been reported to the SEC. On Jun 8, 2016, Susan R Salka (President and CEO) sold 30,000 shares at $40.00 per share price.Also, 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.

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