AMN Healthcare Services, Inc.

AMN Healthcare Services, Inc.

AMNยทNYSE

$30.31

+0.20%
HealthcareMedical - Care Facilities

AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to hospitals and healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions. The Physician and Leadership Solutions segment provides locum tenens staffing, healthcare interim leadership staffing, executive search, and physician permanent placement solutions. The Technology and Workforce Solutions segment offers language services, vendor management systems, workforce optimization, telehealth, credentialing, and outsourced solutions. The company also provides allied health professionals, such as physical therapists, respiratory therapists, occupational therapists, medical and radiology technologists, lab technicians, speech pathologists, rehabilitation assistants, and pharmacists. It offers its services under the brands, including American Mobile, Nursefinders, NurseChoice, HealthSource Global Staffing, Onward Healthcare, O'Grady Peyton International, Med Travelers, Club Staffing, Staff Care, B.E. Smith, and Merritt Hawkins, as well as AMN Revenue Cycle Solutions and AMN Language Services. The company was founded in 1985 and is based in Dallas, Texas.

At a Glance

Live Snapshot
Market Cap$1.18B
EPS-2.4800
P/E Ratio-12.22
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -12.2).

Valuation inputs: P/E -12.2, earnings yield N/A, momentum +0.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -14.9%, ROIC +2.1%).

Profitability stack: net margin -3.5%, ROE -14.9%, ROIC +2.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +69.3%, momentum +0.2%, net margin -3.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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AMN Healthcare Services, Inc. Market vs Earnings Trajectory

AMN ยท NYSE

Loading price and EPS data...

AMN Healthcare Services, Inc.

AMN Healthcare Services, Inc. Fair Value Envelope

AMN ยท NYSE

Our analysis suggests that AMN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $30.31, this represents a potential HIDDEN relative to our calculated worth for AMN Healthcare Services, Inc..

Intrinsic Value
Current Price: $30.31
3Y-125.0%
5Y-266.0%
10Y-212.0%
3Y-48.0%
5Y+14.0%
10Y+44.0%
3Y-122.0%
5Y-235.0%
10Y-190.0%
3Y-59.0%
5Y+5.0%
10Y+104.0%
3Y-59.0%
5Y+7.0%
10Y+113.0%
3Y-27.0%
5Y-11.0%
10Y+76.0%
AMN Healthcare Services, Inc.

AMN Healthcare Services, Inc. Profit Bridge

AMN ยท NYSE
Revenue2.73B
Cost of Goods Sold (2.10B)
Gross Profit626.19M
Operating Expenses (593.02M)
Operating Income33.17M
Interest Expense (45.59M)
Other Income/Expense-134.23M
Pretax Income-101.06M
Income Tax (-5.36M)
Net Income-95.70M
Net Income
-95.70M

Profitability Analysis

Gross Margin

22.9%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

1.2%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-3.5%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Non-operating losses: Core business is profitable but other expenses (interest, taxes, one-time items) are driving net losses. Review capital structure and non-operating items.

22.93%
Gross Profit Margin
-26%
3Y-30.0%
5Y-31.0%
10Y-30.0%
1.21%
Operating Profit Margin
-135%
3Y-90.0%
5Y-81.0%
10Y-88.0%
-3.50%
Net Profit Margin
-29%
3Y-141.0%
5Y-219.0%
10Y-163.0%
-14.90%
Return on Equity
-28%
3Y-135.0%
5Y-273.0%
10Y-163.0%
-4.57%
Return on Assets
-25%
3Y-130.0%
5Y-252.0%
10Y-151.0%
2.06%
Return on Invested Capital
-144%
3Y-91.0%
5Y-65.0%
10Y-84.0%
AMN

AMN Healthcare Services, Inc. Cash Conversion Engine

AMN ยท NYSE
Net Income0.00
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital101.03M
Others168.43M
Capital Expenditures-35.63M
Free Cash Flow233.83M

Cash Flow Quality Analysis

CapEx Intensity

13.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-2.4%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

+$101.03M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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AMN Healthcare Services, Inc. Funding & Solvency Profile

AMN ยท NYSE
Cash & Cash Equivalents560.74M
Net Receivables394.67M
Inventory0.00
Other Current Assets181.11M
Total Current Assets1 B
Property, Plant & Equipment126.03M
Goodwill & Intangible Assets1.02B
Long-Term Investments0.00
Other Non-Current Assets309.22M
Total Non-Current Assets435 M
Total Assets
2.60B

Financial Health Analysis

Current Ratio

1.09x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

2.65x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

92 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

44% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

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AMN Healthcare Services, Inc. Street Expectations Map

AMN ยท NYSE

Wall Street analysts project that AMN stock may decline over the coming 12 months. The consensus 1-year price target stands at 27.00, with estimates ranging from a low of 25.00 to a high of 32.00.

Lowest Target
25.00
-17.52%
Consensus Target
27.00
-10.92%
Highest Target
32.00
5.58%

The consensus 1-year price target stands at 27.00, with estimates ranging from a low of 25.00 to a high of 32.00.

Analyst Consensus Analysis

Upside Potential

-10.9%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

25.9% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

0.32x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

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AMN Healthcare Services, Inc. Insider Positioning

AMN ยท NYSE

During the last 12 months, there has been no insider trading activity reported for AMN.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.

No Dividend Yield Data

AMN has not reported any dividend yield values in the available annual periods.

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amn Dividend History

AMN
10Y CAGR +0%
Latest $0.3
Annual $4.2
Stable dividend payments
Last Period: +0%