AMN Healthcare Services, Inc. (AMN) Given Consensus Rating of “Buy” by Brokerages

Shares of AMN Healthcare Services, Inc. (NYSE:AMN) have been given an average rating of “Buy” by the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $64.25.

Several equities research analysts have recently commented on AMN shares. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 9th. Robert W. Baird downgraded shares of AMN Healthcare Services from an “outperform” rating to a “neutral” rating and set a $43.00 target price on the stock. in a research note on Friday, May 4th. BMO Capital Markets restated a “buy” rating and issued a $67.00 target price on shares of AMN Healthcare Services in a research note on Thursday, July 12th. Credit Suisse Group boosted their target price on shares of AMN Healthcare Services from $62.00 to $67.00 and gave the company an “outperform” rating in a research note on Tuesday, April 10th. Finally, ValuEngine downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday, May 4th.

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AMN Healthcare Services traded down $0.30, hitting $61.20, on Friday, Marketbeat.com reports. The company’s stock had a trading volume of 221,107 shares, compared to its average volume of 326,894. AMN Healthcare Services has a one year low of $34.85 and a one year high of $68.20. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.95 and a quick ratio of 1.95. The firm has a market capitalization of $2.94 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 1.45 and a beta of 0.41.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, May 3rd. The company reported $0.81 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.02. AMN Healthcare Services had a net margin of 7.11% and a return on equity of 24.50%. The company had revenue of $522.50 million for the quarter, compared to the consensus estimate of $518.97 million. During the same quarter in the previous year, the company earned $0.65 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. analysts predict that AMN Healthcare Services will post 3.26 earnings per share for the current fiscal year.

In related news, insider Susan R. Salka sold 31,952 shares of the company’s stock in a transaction dated Thursday, May 10th. The shares were sold at an average price of $54.63, for a total transaction of $1,745,537.76. Following the transaction, the insider now owns 238,025 shares in the company, valued at approximately $13,003,305.75. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director R Jeffrey Harris sold 19,524 shares of the company’s stock in a transaction dated Thursday, May 10th. The stock was sold at an average price of $54.38, for a total transaction of $1,061,715.12. Following the transaction, the director now owns 88,189 shares in the company, valued at approximately $4,795,717.82. The disclosure for this sale can be found here. Insiders sold a total of 88,021 shares of company stock worth $4,959,053 in the last 90 days. 2.18% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mount Yale Investment Advisors LLC acquired a new position in AMN Healthcare Services during the 1st quarter worth about $172,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in AMN Healthcare Services by 35.7% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,177 shares of the company’s stock worth $180,000 after buying an additional 836 shares in the last quarter. Westover Capital Advisors LLC acquired a new position in AMN Healthcare Services during the 1st quarter worth about $210,000. Atria Investments LLC acquired a new position in AMN Healthcare Services during the 2nd quarter worth about $223,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in AMN Healthcare Services during the 1st quarter worth about $218,000.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.

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Buy Zee Entertainment; target of Rs 600: ICICI Direct

ICICI Direct's research report on Zee Entertainment

Consolidated revenue came in at Rs 1772.3 crore, largely in line with our estimate of Rs 1780.1 crore. Domestic ad revenues grew 22.3% (vs. our expectation of 20% YoY growth) but international ad revenues stayed muted (2.1% YoY), lower than our expectation of 10% growth. This led to in line overall ad revenue growth of 18.5% YoY. On the subscription front, growth was disappointing at 8.3% YoY (vs. expectation of ~13% YoY), impacted by a decline in international subscription by 6.6% YoY while domestic subscription grew 12.3%RsEBITDA came in at Rs 565.7 crore, a tad above our expectation of Rs 560.7 crore, up 16.8% YoY. Consolidated EBITDA margins came in at 31.9% vs. our expectation of 31.5%. The EBITDA growth was owing to operating leverage and also supported by 3% QoQ decline in operational costRsReported PAT came in at Rs 339.4 crore (vs. expectation of Rs 349.4 crore) owing to higher-than-expected tax outgo, with tax rate of ~39% vs. expectation of ~35%.

Outlook

Zee Entertainment is poised to maintain its industry leading performance both in terms of ad growth as well as margins trajectory, given its strong bouquet of regional channels and prudent content spending. The digital expansion trajectory also remains on course, as per expectations, with limited margin erosion. The recent correction of over ~12% in the last three months has made the risk reward favourable amid its robust performance. We continue to value the company at 30x FY20E P/E to arrive at a target price of Rs 600. We upgrade the stock to BUY.

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Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Jul 18, 2018 05:29 pm

Robinhood Proves There Is Still a Huge Demand for Cryptocurrencies

Robinhood is a favorite trading app for millennials thanks to its no-fee service, and now there are even more reasons to like the platform.

Today (July 12), Robinhood announced that it added Litecoin and Bitcoin Cash to its crypto platform.

The company said there was a strong demand from its customers to add both of the crypto coins.

And the willingness to add new coins helps introduce even more people to the market. When it's easier to buy cryptocurrencies and there are more choices, the increased demand can help send prices higher.

Here is a recap of the top five cryptocurrencies by market cap as of 12:30 p.m. EST

Cryptocurrency	Market Cap	Price	Change (24h)
Bitcoin (BTC)	$106,375,425,710	$6,204.34	-3.46%
Ethereum (ETH)	$43,713,836,475	$434.33	-2.00%
Ripple (XRP)	$17,092,434,158	$0.43	-3.19%
Bitcoin Cash (BCH)	$11,756,875,097	$682.21	-2.50%
EOS (EOS)	$6,142,710,463	$6.85	-3.54%

Now, here's a closer look at the top cryptocurrency stories of the day…

The Top Cryptocurrency Stories for July 12 Ledger, the crypto custody startup that invented a hardware wallet, plans to add support for more than 100 crypto assets by the end of 2019. This is great news for cryptocurrency enthusiasts. Ledger makes a hardware wallet that is one of the safest ways to store coins and tokens. Crypto investors may have been afraid to buy certain coins before because of a lack of storage options. Now, they could help fuel a buying spree.

"Millionaire-Maker": A potential upgrade taking place behind the scenes could send the Bitcoin price to unprecedented highs. Few people even know about this game-changer. Click here to learn how you could make millions…

Even though Bitcoin prices have been rocky in 2018, one bull is doubling down on a bold BTC price prediction. Thomas Lee of Fundstrat Global Advisors LLC believes one Bitcoin will be worth $25,000 by the end of the year. From today's price, that's a potential return of 302.94%. There was fear India may issue a sweeping ban on cryptocurrencies, but it looks like country officials may just regulate them as commodities instead, according to a com report. The government now seems more interested in setting up regulations to deter money laundering than a direct ban. Finally, a new startup wants to use blockchain technology to create trustworthy collaborative databases for consumers and businesses, according to Forbes. The idea is platform users can vote on the accuracy of published information. The company is called DIRT Protocol, and its founder has an impressive history. Yin Wu is a serial entrepreneur, and she sold a mobile notification startup to Microsoft Corp. (Nasdaq: MSFT) in 2015. The Shocking Reason Why We Think Bitcoin Could Hit $100,000

Join the conversation. Click here to jump to comments…

Top Cheap Stocks To Own Right Now

tags:KSS,SIRI,UNH,RCII, &l;p&g;&l;img class=&q;dam-image shutterstock size-large wp-image-569696209&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/569696209/960x0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Shutterstock

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Advisors' Opinion:

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Top Cheap Stocks To Own Right Now: Sirius XM Radio Inc.(SIRI)

Advisors' Opinion:

• [By ]

  However, several Buffett stocks chalked up nice gains during the first quarter. The three top performers in Berkshire's portfolio were Sirius XM Holdings (NASDAQ:SIRI), Mastercard (NYSE:MA), and Moody's (NYSE:MCO). Here's what drove these stocks higher -- and what their prospects are for the rest of 2018.

• [By Motley Fool Staff]

  In this segment from�MarketFoolery, host Chris Hill, Motley Fool One's Jason Moser, and Stock Advisor Canada's Taylor Muckerman consider an individual case of a common question for investors: When you have a stock that has become a big winner, should you hold on tight until you need the money, or sell to lock in some profits, and reinvest them elsewhere? There's certainly no single right answer, but the question is always a good one to ask. The response depends on the context of the individual company, so the Fools tailor their take this time to the outlook for Sirius XM�(NASDAQ:SIRI).

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  Sirius XM
  The more than 206.74 million Sirius XM Holdings Inc. (NASDAQ: SIRI) shares that were short after the last two weeks of this month amounted to just 0.1% or so more than on the previous settlement date. This was the third-lowest level of short interest in the past year, and it totaled 15.8% of the available float. The average daily volume has shrunk in seven of the past eight periods, and the number of days to cover inched up to nearly 13. Sirius’ stock price was $7.22 at the trading day’s close yesterday. Its 52-week low is $5.09 and the 52-week high is $7.33, a multiyear high posted this week.

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  Sirius XM Holdings Inc. (NASDAQ: SIRI) is a company that thrives on of new car sales. If you have had satellite radio and are not solely reliant on what you get for music in streaming or your library, then chances are pretty good that you won’t want to go back to just having old-fashioned FM/AM radio.

Top Cheap Stocks To Own Right Now: UnitedHealth Group Incorporated(UNH)

Advisors' Opinion:

• [By Paul Ausick]

  UnitedHealth Group Inc. (NYSE: UNH) traded up 0.37% at $220.41. The stock’s 52-week range is $156.09 to $231.77. Volume was about a 65% below the daily average of around 3 million shares. The company had no specific news.

• [By Paul Ausick]

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Top Cheap Stocks To Own Right Now: Rent-A-Center Inc.(RCII)

Advisors' Opinion:

• [By Timothy Green]

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• [By Shane Hupp]

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• [By Logan Wallace]

  AerCap (NYSE: AER) and Rent-A-Center (NASDAQ:RCII) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, risk, analyst recommendations and valuation.

KBC Grp NV/ADR (KBCSY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of KBC Grp NV/ADR (OTCMKTS:KBCSY) from a hold rating to a buy rating in a research report released on Tuesday. Zacks Investment Research currently has $43.00 price objective on the stock.

According to Zacks, “KBC Group NV is an integrated bank-insurance group, catering mainly for retail, private banking, SME and mid-cap clients. Its operating segment consists of Belgium Business, Czech Republic Business, International Markets Business and Group Centre. The Belgium Business segment engages in the retail and private banc assurance activities. The Czech Republic Business segment comprises all KBC’s activities. The Group Centre segment includes the operating results of the group’s holding-company activities. The International Markets Business segment comprises the activities conducted by entities in the other Central and Eastern European core countries. KBC Group NV is headquartered in Brussels, Belgium. “

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Separately, ValuEngine lowered shares of KBC Grp NV/ADR from a buy rating to a hold rating in a research note on Wednesday, May 2nd.

OTCMKTS:KBCSY opened at $38.78 on Tuesday. The stock has a market cap of $31.65 billion, a price-to-earnings ratio of 11.37 and a beta of 0.56. KBC Grp NV/ADR has a fifty-two week low of $37.32 and a fifty-two week high of $48.84.

KBC Grp NV/ADR (OTCMKTS:KBCSY) last released its quarterly earnings data on Thursday, May 17th. The company reported $0.80 earnings per share for the quarter. The business had revenue of $2.35 billion during the quarter. KBC Grp NV/ADR had a net margin of 25.24% and a return on equity of 14.20%. equities research analysts predict that KBC Grp NV/ADR will post 3.55 earnings per share for the current year.

KBC Grp NV/ADR Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients primarily in Belgium, Bulgaria, the Czech Republic, Hungary, Ireland, and Slovakia. It accepts deposits; offers loans to individuals, businesses, and public authorities; and provides services, including payments, cash management, trade finance, leasing, corporate finance, and money and capital market products, as well as offers asset management services.

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