AMN HEALTHCARE SERVICES INC (AMN) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does AMN HEALTHCARE SERVICES INC Do?
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 HEALTHCARE SERVICES INC (AMN) is classified as a small-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Susan R. Salka and employs approximately 4,230 people, headquartered in SAN DIEGO, Texas. With a market capitalization of $717M, AMN is one of the notable companies in the Industrials sector.
AMN HEALTHCARE SERVICES INC (AMN) Stock Rating — Reduce (April 2026)
As of April 2026, AMN HEALTHCARE SERVICES INC receives a Reduce rating with a composite score of 42.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.AMN ranks #3,370 out of 4,446 stocks in our coverage universe. Within the Industrials sector, AMN HEALTHCARE SERVICES INC ranks #579 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AMN Stock Price and 52-Week Range
AMN HEALTHCARE SERVICES INC (AMN) currently trades at $17.87. The stock lost $0.62 (3.4%) in the most recent trading session. The 52-week high for AMN is $24.89, which means the stock is currently trading -28.2% from its annual peak. The 52-week low is $14.87, putting the stock 20.2% above its annual trough. Recent trading volume was 539K shares, suggesting relatively thin trading activity.
Is AMN Overvalued or Undervalued? — Valuation Analysis
AMN HEALTHCARE SERVICES INC (AMN) carries a value factor score of 39/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.12x, versus the sector average of 2.23x. The price-to-sales ratio is 0.27x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, AMN trades at 13.18x EV/EBITDA, versus 5.70x for the sector.
At current multiples, AMN HEALTHCARE SERVICES INC trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
AMN HEALTHCARE SERVICES INC Profitability — ROE, Margins, and Quality Score
AMN HEALTHCARE SERVICES INC (AMN) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is -12.6%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -3.9% versus the sector average of 3.3%.
On a margin basis, AMN HEALTHCARE SERVICES INC reports gross margins of 29.7%, compared to 35.8% for the sector. The operating margin is -1.6% (sector: 6.2%). Net profit margin stands at -3.0%, versus 3.9% for the average Industrials stock. Revenue growth is running at -14.3% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
AMN Debt, Balance Sheet, and Financial Health
AMN HEALTHCARE SERVICES INC has a debt-to-equity ratio of 119.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 0.94x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $767M. Cash and equivalents stand at $53M.
AMN has a beta of 0.57, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for AMN HEALTHCARE SERVICES INC is 48/100, reflecting average volatility within the normal range for its sector.
AMN HEALTHCARE SERVICES INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, AMN HEALTHCARE SERVICES INC reported revenue of $2.67B and earnings per share (EPS) of $-2.48. Net income for the quarter was $-81M. Gross margin was 29.7%. Operating income came in at $-41M.
In FY 2025, AMN HEALTHCARE SERVICES INC reported revenue of $2.73B and earnings per share (EPS) of $-2.48. Net income for the quarter was $-96M. Gross margin was 28.3%. Revenue grew -8.5% year-over-year compared to FY 2024. Operating income came in at $-55M.
In Q3 2025, AMN HEALTHCARE SERVICES INC reported revenue of $634M and earnings per share (EPS) of $0.76. Net income for the quarter was $29M. Gross margin was 29.1%. Revenue grew -7.7% year-over-year compared to Q3 2024. Operating income came in at $48M.
In Q2 2025, AMN HEALTHCARE SERVICES INC reported revenue of $658M and earnings per share (EPS) of $-3.02. Net income for the quarter was $-116M. Gross margin was 29.8%. Revenue grew -11.1% year-over-year compared to Q2 2024. Operating income came in at $-124M.
Over the past 8 quarters, AMN HEALTHCARE SERVICES INC has demonstrated a growth trajectory, with revenue expanding from $741M to $2.67B. Investors analyzing AMN stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AMN Dividend Yield and Income Analysis
AMN HEALTHCARE SERVICES INC (AMN) does not currently pay a dividend. This is common among smaller companies in the Business Services industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
AMN Momentum and Technical Analysis Profile
AMN HEALTHCARE SERVICES INC (AMN) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 37/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 26/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
AMN vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, AMN HEALTHCARE SERVICES INC (AMN) ranks #579 out of 752 stocks based on the Blank Capital composite score. This places AMN in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing AMN against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AMN vs S&P 500 (SPY) comparison to assess how AMN HEALTHCARE SERVICES INC stacks up against the broader market across all factor dimensions.
AMN Next Earnings Date
No upcoming earnings date has been announced for AMN HEALTHCARE SERVICES INC (AMN) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AMN? — Investment Thesis Summary
The quantitative profile for AMN HEALTHCARE SERVICES INC suggests caution. The value score of 39/100 indicates premium valuation.
In summary, AMN HEALTHCARE SERVICES INC (AMN) earns a Reduce rating with a composite score of 42.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AMN stock.
Related Resources for AMN Investors
Explore more research and tools: AMN vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AMN head-to-head with peers: AMN vs SOBO, AMN vs TEN, AMN vs GLDD.