Major Move Is Coming For AMN Healthcare Services, Inc. After Bullish Options Activity

 Major Move Is Coming For AMN Healthcare Services, Inc. After Bullish Options Activity

In today’s session AMN Healthcare Services, Inc. (AHS) registered an unusually high (2,314) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious AHS increase. With 2,314 contracts traded and 1694 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: AHS161118C00035000 closed last at: $1.3 or 52.9% up. About 17,752 shares traded hands. AMN Healthcare Services, Inc. (NYSE:AHS) has risen 1.40% since March 9, 2016 and is uptrending. It has underperformed by 6.01% the S&P500.

Analysts await AMN Healthcare Services, Inc. (NYSE:AHS) to report earnings on November, 2. They expect $0.55 earnings per share, up 14.58% or $0.07 from last year’s $0.48 per share. AHS’s profit will be $26.23M for 14.87 P/E if the $0.55 EPS becomes a reality. After $0.61 actual earnings per share reported by AMN Healthcare Services, Inc. for the previous quarter, Wall Street now forecasts -9.84% negative EPS growth.

AMN Healthcare Services, Inc. (NYSE:AHS) Ratings Coverage

Out of 5 analysts covering AMN Healthcare Services (NYSE:AHS), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $50 is the highest target while $35 is the lowest. The $44.50 average target is 36.04% above today’s ($32.71) stock price. AMN Healthcare Services has been the topic of 7 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The rating was maintained by Suntrust Robinson on Thursday, May 12 with “Buy”. On Tuesday, May 31 the stock rating was initiated by Lake Street with “Buy”. The stock of AMN Healthcare Services, Inc. (NYSE:AHS) earned “Buy” rating by Lake Street on Friday, August 5. The stock of AMN Healthcare Services, Inc. (NYSE:AHS) has “Market Outperform” rating given on Tuesday, May 17 by Avondale. The stock has “Buy” rating given by UBS on Friday, August 5.

According to Zacks Investment Research, “AMN Healthcare Services, Inc. is a travel healthcare staffing company. It recruits and places nurses, physicians, and other healthcare professionals in travel or permanent assignments in acute-care facilities, physician practice groups, and other healthcare facilities. The Company’s professionals include RNs, surgical technologists, nurse practitioners, respiratory therapists, radiology technologists, rehab professionals, and therapy assistants. AMN Healthcare Services, Inc. is headquartered in San Diego, California.”

Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.37, from 1.29 in 2016Q1. The ratio worsened, as 25 funds sold all AMN Healthcare Services, Inc. shares owned while 99 reduced positions. 37 funds bought stakes while 77 increased positions. They now own 44.89 million shares or 6.35% less from 47.93 million shares in 2016Q1.
Natl Asset Management has 0.09% invested in the company for 11,792 shares. Farmers & Merchants holds 161 shares or 0% of its portfolio. Oppenheimer Communication last reported 0.1% of its portfolio in the stock. Federated Invsts Incorporated Pa has 0% invested in the company for 33,160 shares. Ubs Asset Americas Incorporated has invested 0% of its portfolio in AMN Healthcare Services, Inc. (NYSE:AHS). Pacad Investment reported 2,500 shares or 0.01% of all its holdings. Moreover, Ftb Advsr has 0.01% invested in AMN Healthcare Services, Inc. (NYSE:AHS) for 1,204 shares. Neumeier Poma Inv Counsel Limited Company owns 616,300 shares or 3.9% of their US portfolio. Pembroke Management Ltd has invested 1.43% of its portfolio in AMN Healthcare Services, Inc. (NYSE:AHS). Jpmorgan Chase accumulated 0% or 84,782 shares. Hermes Invest Management Limited has invested 0.48% of its portfolio in AMN Healthcare Services, Inc. (NYSE:AHS). Goldman Sachs holds 0% or 214,262 shares in its portfolio. Guggenheim Cap Ltd Liability Corp accumulated 77,553 shares or 0.01% of the stock. North Star Inv has 200 shares for 0% of their US portfolio. Atlantic Gru Limited Liability holds 0.01% of its portfolio in AMN Healthcare Services, Inc. (NYSE:AHS) for 40,000 shares.

Insider Transactions: Since May 6, 2016, the stock had 0 insider purchases, and 5 selling transactions for $4.53 million net activity. Shares for $786,564 were sold by Henderson Ralph. Another trade for 30,000 shares valued at $1.20 million was made by SALKA SUSAN R on Tuesday, June 7. 12,000 AMN Healthcare Services, Inc. (NYSE:AHS) shares with value of $461,058 were sold by Weaver Paul E.

AMN Healthcare Services, Inc. offers healthcare workforce solutions and staffing services to healthcare facilities. The company has a market cap of $1.56 billion. The Firm operates through three divisions: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment. It has a 15.16 P/E ratio. It provides its healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States.

AHS Company Profile

AMN Healthcare Services, Inc. (AMN Healthcare), incorporated on November 10, 1997, offers healthcare workforce solutions and staffing services to healthcare facilities. The Firm operates through three divisions: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment. The Firm provides its healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Firm offers Managed Services Programs, Vendor Management Systems (VMS), Per Diem Staffing, Interim Leadership Staffing and Executive Search Services, Workforce Optimization Services and Recruitment Process Outsourcing. The Company’s services include Travel Nurse Staffing, Rapid Response Nurse Staffing, Local, or Per Diem, Staffing, Locum Tenens Staffing, Allied Staffing, Physician Permanent Placement Services, Interim Leadership Staffing and Executive Search Services, Managed Services Programs, Vendor Management Systems, Recruitment Process Outsourcing and Workforce Optimization Services

More notable recent AMN Healthcare Services, Inc. (NYSE:AHS) news were published by: Prnewswire.com which released: “AMN Healthcare Announces Pricing Of Senior Notes Offering” on September 23, 2016, also Prnewswire.com with their article: “AMN Healthcare Launches $300 Million Offering Of Senior Notes” published on September 19, 2016, Fool.com published: “Why AMN Healthcare Services Inc. Is Soaring Today” on February 19, 2016. More interesting news about AMN Healthcare Services, Inc. (NYSE:AHS) were released by: Thestreet.com and their article: “Water-Logged And Getting Wetter: AMN Healthcare Services (AHS)” published on August 05, 2016 as well as Nasdaq.com‘s news article titled: “AMN Healthcare Services (AHS) Enters Oversold Territory” with publication date: September 29, 2016.

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