KeyBanc Believes AMN Healthcare Services Inc (NYSE: AMN) Still Has Room to Grow

By Austin Angelo

In a report issued on December 4, Jason Gurda from KeyBanc reiterated a Buy rating on AMN Healthcare Services Inc (NYSE: AMN), with a price target of $56. The company’s shares closed yesterday at $49.10, close to its 52-week high of $51.75.

According to TipRanks.com, Gurda is a 4-star analyst with an average return of 8.1% and a 63.0% success rate. Gurda covers the Services sector, focusing on stocks such as Surgery Partners Inc, Envision Healthcare, and Acadia Healthcare.

AMN Healthcare Services Inc has an analyst consensus of Strong Buy, with a price target consensus of $47.80.

Based on AMN Healthcare Services Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $494 million and quarterly net profit of $28.13 million. In comparison, last year the company earned revenue of $473 million and had a net profit of $27.3 million.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock.

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AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing.