Tue Sep 17 05:49:46 UTC 2024: ## AMN Healthcare Services’ Earnings Outlook: Analysts Mixed, Stock Remains “Hold”
**New York, NY** – AMN Healthcare Services (NYSE:AMN) has seen a mixed bag of analyst reports recently, with some predicting a slight downturn in earnings while others remain bullish.
**Zacks Research** downgraded their FY2024 earnings per share estimate for AMN, citing concerns about the company’s future performance. However, the consensus estimate for the year remains at $3.26 per share, suggesting a potential rebound.
Meanwhile, **BMO Capital Markets** remains optimistic, boosting their target price on AMN to $71.00 and reiterating their “outperform” rating. Other analysts have taken a more cautious approach, with **StockNews.com** downgrading AMN to a “sell” rating and **JMP Securities** reducing their target price to $66.00.
Despite the varying opinions, AMN’s stock currently sits at an average rating of “Hold” with a consensus target price of $67.83. The company recently beat analyst expectations for Q2 2024 earnings, reporting $0.98 per share, but revenue declined by 25.3% year-over-year.
**Institutional investors** continue to show interest in AMN, with several increasing their stakes in the company. AMN Healthcare Services provides staffing solutions for healthcare facilities across the US, operating in three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.
**Investors will be watching closely** as the company navigates a challenging market environment. The healthcare staffing industry is facing pressure from a number of factors, including rising labor costs and a potential slowdown in healthcare spending.
First Piper 