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AMN Healthcare Services Inc Stock Research

AMN

83.47USD+0.51(+0.61%)Delayedas of 23 Mar 2023, 11:58 am

Market Summary

USD83.47+0.51
Delayedas of 23 Mar 2023, 11:58 am
0.61%

AMN Alerts

AMN Stock Price

AMN RSI Chart

AMN Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

8.03

Price/Sales (Trailing)

0.68

EV/EBITDA

6.91

Price/Free Cashflow

6.17

AMN Price/Sales (Trailing)

AMN Profitability

EBT Margin

12.09%

Return on Equity

42.55%

Return on Assets

15.37%

Free Cashflow Yield

16.21%

AMN Fundamentals

AMN Revenue

Revenue (TTM)

5.2B

Revenue Y/Y

-17.43%

Revenue Q/Q

-1.15%

AMN Earnings

Earnings (TTM)

444.1M

Earnings Y/Y

-29.62%

Earnings Q/Q

-11.52%

Price Action

52 Week Range

82.76129.04
(Low)(High)

Last 7 days

-3.6%

Last 30 days

-10.9%

Last 90 days

-19.2%

Trailing 12 Months

-15.9%

AMN Financial Health

Current Ratio

1.27

Debt/Equity

0.81

Debt/Cashflow

0.62

AMN Investor Care

Buy Backs (1Y)

11.39%

Diluted EPS (TTM)

9.9

Peers (Alternatives to AMN Healthcare Services)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.6B
60.2B
-4.86% -6.89%
12.5
1.17
2.52% -18.88%
19.6B
14.9B
-11.65% -18.57%
15.35
1.32
-7.72% -46.20%
15.5B
9.9B
-9.17% -4.78%
16.43
1.57
-8.39% -52.58%
MID-CAP
7.1B
11.6B
-9.20% -31.27%
12.59
0.61
-0.08% -42.73%
6.3B
2.6B
-15.59% 6.40%
23.12
2.42
12.79% 43.28%
5.2B
2.3B
3.17% 35.63%
86.23
2.28
2.85% -58.05%
3.6B
5.2B
-10.88% -15.90%
8.03
0.68
31.60% 35.63%
3.2B
700.1M
4.89% -19.30%
104.74
4.54
47.91% -53.84%
2.9B
449.5M
-3.81% -45.08%
-4.43
6.45
20.31% -70.12%
2.5B
2.2B
-17.56% -48.92%
20.74
1.11
0.41% -43.27%
SMALL-CAP
1.6B
-
0.59% 17.88%
18.77
3.24
- -
1.6B
951.1M
-7.28% 30.41%
34.53
1.67
10.02% 1.99%
1.3B
1.4B
12.22% 10.36%
120.12
0.89
8.74% -56.93%
732.6M
1.2B
0.48% -14.75%
19.64
0.62
11.71% 25.50%
371.1M
138.8M
11.23% 101.09%
59.65
2.67
18.60% -31.82%

Financials for AMN Healthcare Services

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-4.3%5,2435,4815,2204,6513,984
Gross Profit-3.3%1,7171,7761,6971,5171,310
Operating Expenses-0.9%1,0701,0791,031935832
  S&GA Expenses-2.0%937956915827730
EBITDA13.3%782690579--
EBITDA Margin1.0%0.15*0.15*0.15*--
Earnings Before Taxes-444----
EBT Margin2.8%0.12*0.12*0.11*--
Interest Expenses5.1%40.0038.0035.0035.0034.00
Net Income-7.1%444478459402327
Net Income Margin-2.9%0.08*0.09*0.09*0.09*-
Free Cahsflow5.0%578550458411-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-4.3%2,8883,0183,0093,2493,132
  Current Assets-9.3%1,0941,2061,1901,4791,349
    Cash Equivalents-58.6%65.0015679.00113181
  Net PPE5.9%149141136130127
  Goodwill0.0%93593627.00892892
Liabilities-2.2%1,8451,8861,9692,1681,970
  Current Liabilities-3.7%8588919571,148969
  Long Term Debt-842----
    LT Debt, Current------
Shareholder's Equity-7.9%1,0441,1331,0391,0811,162
  Retained Earnings7.1%1,2411,1591,067943797
  Additional Paid-In Capital0.8%502498497489487
Accumulated Depreciation7.0%228213204200190
Shares Outstanding-3.3%42.0043.0043.0045.0047.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations6.1%654616519466305
  Share Based Compensation-6.0%30.0032.0030.0027.0025.00
Cashflow From Investing3.3%-170-176-169-133-107
Cashflow From Financing-41.2%-591-419-415-297-34.90
  Buy Backs42.6%5774054052313.00

Risks for AMN

What is the probability of a big loss on AMN?

86.2%


Probability that AMN Healthcare Services stock will be more than 20% underwater in next one year

36.9%


Probability that AMN Healthcare Services stock will be more than 30% underwater in next one year.

17.7%


Probability that AMN Healthcare Services stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AMN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if AMN Healthcare Services was unfortunately bought at previous high price.

Drawdowns

Returns for AMN

Cumulative Returns on AMN

18.9%


10-Year Cumulative Returns

15.1%


7-Year Cumulative Returns

7.4%


5-Year Cumulative Returns

4.6%


3-Year Cumulative Returns

What are the long-term rolling returns for AMN?

FIve years rolling returns for AMN Healthcare Services.

Annualized Returns

Which funds bought or sold AMN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-64.63
-6,878,310
3,594,690
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-27.1
-34,000
82,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-0.31
-116,167
3,435,830
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-6.15
-135,000
1,364,000
0.01%
2023-02-21
MACQUARIE GROUP LTD
reduced
-7.43
-2,560,000
22,046,000
0.03%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
36.4
115,404
470,404
-%
2023-02-21
Empowered Funds, LLC
new
-
688,174
688,174
0.04%
2023-02-17
EQUITABLE TRUST CO
sold off
-100
-680,000
-
-%
2023-02-17
TRUIST FINANCIAL CORP
added
145
351,946
606,946
-%
2023-02-17
Linden Thomas Advisory Services, LLC
new
-
358,738
358,738
0.10%

1–10 of 46

Latest Funds Activity

Are funds buying AMN calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AMN
No. of Funds

AMN Healthcare Services News

Yahoo Finance

Healthcare Staffing Global Market Report 2023: Severe Labor Shortages & High Clinician Turnover Drives Demand.

Yahoo Finance,
4 hours ago

Fitch Ratings

Schedule 13G FIlings of AMN Healthcare Services

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.59%
5,456,661
SC 13G/A
Jan 26, 2023
blackrock inc.
16.5%
7,152,134
SC 13G/A
Jan 20, 2023
blackrock inc.
16.5%
7,152,134
SC 13G
Feb 09, 2022
vanguard group inc
11.85%
5,602,447
SC 13G/A
Jan 28, 2022
blackrock inc.
15.5%
7,331,318
SC 13G/A
Feb 10, 2021
vanguard group inc
10.56%
4,965,173
SC 13G/A
Jan 25, 2021
blackrock inc.
15.7%
7,404,306
SC 13G
Feb 12, 2020
vanguard group inc
10.50%
4,908,866
SC 13G/A
Feb 04, 2020
blackrock inc.
17.0%
7,932,387
SC 13G/A

AMN Fair Value

AMN Healthcare Services fair value in different scenarios

The table shows the Fair Value estimates for AMN Healthcare Services for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

167.23

100.35%

208.62

149.93%

353.52

323.53%

498.08

496.72%

906.59

986.13%
Current Inflation

153.88

84.35%

189.33

126.82%

313.54

275.63%

435.88

422.20%

783.55

838.72%
Very High Inflation

137.34

64.54%

165.89

98.74%

266.23

218.95%

363.33

335.28%

641.44

668.47%

Historical AMN Healthcare Services Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of AMN Healthcare Services

View All Filings
Date Filed Form Type Document
Mar 10, 2023
4
Insider Trading
Feb 27, 2023
4/A
Insider Trading
Feb 22, 2023
10-K
Annual Report
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 16, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Jan 26, 2023
SC 13G/A
Major Ownership Report
Jan 20, 2023
SC 13G
Major Ownership Report
Jan 18, 2023
4
Insider Trading

Latest Insider Trading transactions for AMN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-09
Hagan Mark Christopher
acquired
-
-
2,603
chief information and digital
2023-03-09
Hagan Mark Christopher
sold (taxes)
-114,215
88.47
-1,291
chief information and digital
2023-02-15
Jackson Denise L
sold (taxes)
-256,106
97.49
-2,627
chief legal officer
2023-02-15
Jackson Denise L
acquired
-
-
6,315
chief legal officer
2023-02-15
Hagan Mark Christopher
sold (taxes)
-287,888
97.49
-2,953
chief information and digital
2023-02-15
Hagan Mark Christopher
acquired
-
-
6,031
chief information and digital
2023-01-15
Jackson Denise L
sold (taxes)
-35,727
103
-344
chief legal officer
2023-01-15
Hagan Mark Christopher
sold (taxes)
-47,879
103
-461
chief information and digital
2023-01-15
Knudson Jeffrey R
sold (taxes)
-47,464
103
-457
cfo

1–10 of 50

Susan R. Salka
3800
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.

AMN Income Statement

2022-12-31
Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]   
Revenue$ 5,243,242$ 3,984,235$ 2,393,714
Cost of revenue3,526,5582,674,6341,601,936
Gross profit1,716,6841,309,601791,778
Operating expenses:   
Selling, general and administrative936,576730,451549,747
Depreciation and amortization (exclusive of depreciation included in cost of revenue)133,007101,15292,766
Total operating expenses1,069,583831,603642,513
Income from operations647,101477,998149,265
Interest expense, net, and other40,39834,07757,742
Income before income taxes606,703443,92191,523
Income tax expense162,653116,53320,858
Net income444,050327,38870,665
Other comprehensive loss:   
Unrealized losses on available-for-sale securities, net, and other(644)(335)(112)
Other comprehensive loss(644)(335)(112)
Comprehensive income$ 443,406$ 327,053$ 70,553
Net income per common share:   
Basic (in dollars per share)$ 9.96$ 6.87$ 1.49
Diluted (in dollars per share)$ 9.90$ 6.81$ 1.48
Weighted average common shares outstanding:   
Basic (in shares)44,59147,68547,424
Diluted (in shares)44,87048,04547,690

AMN Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 64,524$ 180,928
Accounts receivable, net of allowances of $31,910 and $6,838 at December 31, 2022 and 2021, respectively675,650789,131
Accounts receivable, subcontractor268,726239,719
Prepaid expenses18,70872,460
Other current assets66,03766,830
Total current assets1,093,6451,349,068
Restricted cash, cash equivalents and investments61,21864,482
Fixed assets, net of accumulated depreciation of $227,617 and $189,954 at December 31, 2022 and 2021, respectively149,276127,114
Operating lease right-of-use assets16,26627,771
Other assets155,750156,670
Goodwill935,364892,341
Intangible assets, net of accumulated amortization of $361,327 and $278,249 at December 31, 2022 and 2021, respectively476,832514,460
Total assets2,888,3513,131,906
Current liabilities:  
Accounts payable and accrued expenses476,452425,257
Accrued compensation and benefits333,244354,381
Current portion of operating lease liabilities8,09011,383
Deferred revenue11,82515,950
Other current liabilities28,322162,419
Total current liabilities857,933969,390
Notes payable, net of unamortized fees and premium843,505842,322
Deferred income taxes, net22,71347,814
Operating lease liabilities9,36013,364
Other long-term liabilities111,20696,989
Total liabilities1,844,7171,969,879
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, $0.01 par value; 10,000 shares authorized; none issued and outstanding at December 31, 2022 and 202100
Common stock, $0.01 par value; 200,000 shares authorized; 50,109 issued and 41,879 outstanding at December 31, 2022 and 49,849 issued and 47,263 outstanding at December 31, 2021501498
Additional paid-in capital501,674486,709
Treasury stock, at cost; 8,230 and 2,586 shares at December 31, 2022 and 2021, respectively(698,598)(121,831)
Retained earnings1,240,996796,946
Accumulated other comprehensive loss(939)(295)
Total stockholders’ equity1,043,6341,162,027
Total liabilities and stockholders’ equity$ 2,888,351$ 3,131,906