AMN Healthcare Services (AMN) Stock Price, News & Analysis

Company Overview

AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to 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, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing 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, 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 AMN Healthcare, Nursefinders, HealthSource Global Staffing, O'Grady Peyton International, Connetics, Medical Search International, DRW Healthcare Staffing, and B.E. Smith. AMN Healthcare Services, Inc. was founded in 1985 and is headquartered in Dallas, Texas.

Key Stats

• Today's Range: $22.72 to $23.38
• 50-Day Range: $22.94 to $42.44
• 52-Week Range: $22.58 to $80.22
• Volume: 2.34 million shs
• Average Volume: 859,180 shs
• Market Capitalization: $873.42 million
• P/E Ratio: 16.62
• Dividend Yield: N/A
• Price Target: $48.33
• Consensus Rating: Hold

AMN Healthcare Services Stock Analysis - MarketRank™

AMN Healthcare Services scored higher than 95% of companies evaluated by MarketBeat, and ranked 54th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Hold

Consensus Rating

AMN Healthcare Services has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

AMN Healthcare Services has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -47.56%

Earnings Growth

Earnings for AMN Healthcare Services are expected to decrease by -47.56% in the coming year, from $3.07 to $1.61 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AMN Healthcare Services is 16.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of AMN Healthcare Services is 16.62, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 90.05.

Price to Book Value per Share Ratio

AMN Healthcare Services has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.78% of the float of AMN Healthcare Services has been sold short.

Short Interest Ratio / Days to Cover

AMN Healthcare Services has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AMN Healthcare Services has recently decreased by 7.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

AMN Healthcare Services does not currently pay a dividend.

Dividend Growth

AMN Healthcare Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AMN Healthcare Services is 86.96%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, AMN Healthcare Services will have a dividend payout ratio of 74.53% next year. This indicates that AMN Healthcare Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.3 / 5
• Environmental Score: -0.17

Percentage of Shares Shorted

10.78% of the float of AMN Healthcare Services has been sold short.

Short Interest Ratio / Days to Cover

AMN Healthcare Services has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AMN Healthcare Services has recently decreased by 7.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.41

News Sentiment

AMN Healthcare Services has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for AMN Healthcare Services this week, compared to 6 articles on an average week.

Search Interest

Only 2 people have searched for AMN on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added AMN Healthcare Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, AMN Healthcare Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $90,811.00 in company stock.

Percentage Held by Insiders

Only 0.93% of the stock of AMN Healthcare Services is held by insiders.

Percentage Held by Institutions

99.23% of the stock of AMN Healthcare Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMN Stock Analysis - Frequently Asked Questions

How have AMN shares performed this year?

AMN Healthcare Services' stock was trading at $74.88 at the beginning of the year. Since then, AMN stock has decreased by 69.4% and is now trading at $22.94.
View the best growth stocks for 2024 here.

How were AMN Healthcare Services' earnings last quarter?

AMN Healthcare Services, Inc. (NYSE:AMN) issued its earnings results on Thursday, November, 7th. The company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.03. The company had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a net margin of 1.73% and a trailing twelve-month return on equity of 17.16%.

Does AMN Healthcare Services have any subsidiaries?

AMN Healthcare Services subsidiaries include these companies: Stratus Video, and Advanced Medical Personnel Services.

Who are AMN Healthcare Services' major shareholders?

AMN Healthcare Services' top institutional shareholders include FMR LLC (12.19%), State Street Corp (3.99%), Thrivent Financial for Lutherans (3.40%) and Vaughan Nelson Investment Management L.P. (2.89%). Insiders that own company stock include Jeffrey R Knudson, Mark Christopher Hagan, Denise L Jackson, Daphne E Jones, Sylvia Trent-Adams, Jorge A Caballero and Susan R Salka.
View institutional ownership trends.

How do I buy shares of AMN Healthcare Services?

Shares of AMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AMN Healthcare Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AMN Healthcare Services investors own include Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Home Depot (HD) and Visa (V).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Help supply services
• Sub-Industry: Health Care Services
• Current Symbol: NYSE:AMN
• Previous Symbol: NYSE:AHS
• CUSIP: 00174410
• CIK: 1142750
• Web: www.amnhealthcare.com
• Phone: (866) 871-8519
• Fax: 800-282-1211
• Employees: 3,585
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $48.33
• High Stock Price Target: $65.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +110.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.38
• Trailing P/E Ratio: 16.62
• Forward P/E Ratio: 7.47
• P/E Growth: N/A
• Net Income: $210.68 million
• Net Margins: 1.73%
• Pretax Margin: 2.19%
• Return on Equity: 17.16%
• Return on Assets: 5.27%

Debt

• Debt-to-Equity Ratio: 1.27
• Current Ratio: 1.18
• Quick Ratio: 1.18

Sales & Book Value

• Annual Sales: $3.07 billion
• Price / Sales: 0.28
• Cash Flow: $10.92 per share
• Price / Cash Flow: 2.10
• Book Value: $22.00 per share
• Price / Book: 1.04

Miscellaneous

• Outstanding Shares: 38,074,000
• Free Float: 37,720,000
• Market Cap: $873.42 million
• Optionable: Optionable
• Beta: 0.04