NYSE:AMN

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

AMN Healthcare Services

Executive Summary

AMN Healthcare Services, Inc. provides healthcare workforce solutions and staffing services to hospitals and healthcare facilities in the United States.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has AMN Healthcare Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.1%

AMN

1.7%

US Healthcare

0.5%

US Market


1 Year Return

-4.7%

AMN

20.1%

US Healthcare

18.7%

US Market

Return vs Industry: AMN underperformed the US Healthcare industry which returned 21.1% over the past year.

Return vs Market: AMN underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

AMNIndustryMarket
7 Day-5.1%1.7%0.5%
30 Day15.8%4.7%4.9%
90 Day35.6%8.3%19.8%
1 Year-4.7%-4.7%21.7%20.1%21.2%18.7%
3 Year39.3%39.3%38.1%32.0%46.2%36.8%
5 Year47.9%47.9%52.7%42.0%85.3%65.1%

Price Volatility Vs. Market

How volatile is AMN Healthcare Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AMN Healthcare Services undervalued compared to its fair value and its price relative to the market?

39.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMN ($52.43) is trading below our estimate of fair value ($87.14)

Significantly Below Fair Value: AMN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AMN is poor value based on its PE Ratio (28.6x) compared to the US Healthcare industry average (25.7x).

PE vs Market: AMN is poor value based on its PE Ratio (28.6x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: AMN is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: AMN's PB Ratio (3.2x) is in line with the US Healthcare industry average.


Next Steps

Future Growth

How is AMN Healthcare Services forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

29.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMN's forecast earnings growth (29.7% per year) is above the savings rate (2.2%).

Earnings vs Market: AMN's earnings (29.7% per year) are forecast to grow faster than the US market (24.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMN's revenue (5.2% per year) is forecast to grow slower than the US market (9.5% per year).

High Growth Revenue: AMN's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMN's Return on Equity is forecast to be low in 3 years time (16%).


Next Steps

Past Performance

How has AMN Healthcare Services performed over the past 5 years?

7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMN has high quality earnings.

Growing Profit Margin: AMN's current net profit margins (3.6%) are lower than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: AMN's earnings have grown by 7.7% per year over the past 5 years.

Accelerating Growth: AMN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AMN had negative earnings growth (-31.8%) over the past year, making it difficult to compare to the Healthcare industry average (21.8%).


Return on Equity

High ROE: AMN's Return on Equity (11.1%) is considered low.


Next Steps

Financial Health

How is AMN Healthcare Services's financial position?


Financial Position Analysis

Short Term Liabilities: AMN's short term assets ($518.6M) exceed its short term liabilities ($384.5M).

Long Term Liabilities: AMN's short term assets ($518.6M) do not cover its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: AMN's debt to equity ratio (124%) is considered high.

Reducing Debt: AMN's debt to equity ratio has increased from 78.2% to 124% over the past 5 years.

Debt Coverage: AMN's debt is well covered by operating cash flow (29.9%).

Interest Coverage: AMN's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Next Steps

Dividend

What is AMN Healthcare Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Nowakowski Salka (55 yo)

15.25yrs

Tenure

US$5,626,806

Compensation

Ms. Susan R. Salka, also known as Nowakowski, serves as Chief Executive Officer of AMN Healthcare, Inc. Ms. Salka has been Chief Executive Officer of AMN Healthcare Services, Inc. since May 4, 2005. She is ...


CEO Compensation Analysis

Compensation vs Market: Nowakowski's total compensation ($USD5.63M) is about average for companies of similar size in the US market ($USD5.74M).

Compensation vs Earnings: Nowakowski's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Susan Salka
President15.25yrsUS$5.63m0.16%
$ 3.9m
Brian Scott
Chief Accounting Officer9.58yrsUS$2.11m0.087%
$ 2.1m
Denise Jackson
Chief Legal Officer & Corporate Secretary19.83yrsUS$1.46m0.043%
$ 1.1m
Mark Hagan
Chief Information & Digital Officer and Executive Officer2.08yrsno data0.017%
$ 414.6k
Randle Reece
Director of Investor Relationsno datano datano data
Julie Fletcher
Chief Talent Officer6.58yrsno datano data
Dan White
President of Workforce Solutions5.67yrsno datano data
Landry Seedig
Group President and COO of Nurse & Allied Solutionsno datano datano data
Kelly Rakowski
Group President & COO of Strategic Talent Solutions2.08yrsno datano data
Cole Edmonson
Chief Experience & Clinical Officer1.58yrsno datano data
Jennifer Knippenberg
Senior Vice President of Recruiting Process Outsourcing Solutions1.42yrsno datano data
Marilyn McCullough
Senior Vice President of Client Marketing1.33yrsno datano data

3.9yrs

Average Tenure

53yo

Average Age

Experienced Management: AMN's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Susan Salka
President15.25yrsUS$5.63m0.16%
$ 3.9m
Mark Foletta
Independent Director7.67yrsUS$240.00k0.025%
$ 626.5k
Michael M. Johns
Independent Director11.67yrsUS$212.50k0.085%
$ 2.1m
Douglas Wheat
Independent Chairman12.33yrsUS$310.00k0.0062%
$ 152.5k
R. Harris
Independent Director14.92yrsUS$217.50k0.14%
$ 3.4m
Teri Fontenot
Independent Director0.92yrUS$95.71k0.00054%
$ 13.3k
Martha Marsh
Independent Director9.92yrsUS$225.00k0.10%
$ 2.5m
Daphne Jones
Independent Director2.08yrsUS$210.00k0.0096%
$ 236.7k

10.8yrs

Average Tenure

66yo

Average Age

Experienced Board: AMN's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AMN insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AMN Healthcare Services, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMN Healthcare Services, Inc.
  • Ticker: AMN
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: US$2.464b
  • Shares outstanding: 46.99m
  • Website: https://www.amnhealthcare.com

Number of Employees


Location

  • AMN Healthcare Services, Inc.
  • 8840 Cypress Waters Boulevard
  • Suite 100
  • Dallas
  • Texas
  • 75019
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMNNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2001
HCQDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2001

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 23:37
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.