Added to YB: 2025-01-16
Pitch date: 2025-01-15
AMN [bullish]
AMN Healthcare Services, Inc.
+37.19%
current return
Author Info
Directionally Correct Research shares is a generalist hedge fund analyst sharing stock pitches in the small to mid cap space. Sign up for the newsletter.
Company Info
AMN Healthcare Services, Inc. provides technology-enabled healthcare workforce solutions and staffing services to acute and sub-acute care hospitals, and other healthcare facilities in the United States.
Market Cap
$1.3B
Pitch Price
$25.33
Price Target
53.00 (+53%)
Dividend
N/A
EV/EBITDA
5.17
P/E
-41.42
EV/Sales
0.46
Sector
Health Care Providers and Services
Category
turnaround
AMN Healthcare Services, Inc. - $AMN
AMN: Healthcare staffing provider post-COVID normalization. Signs of trough forming in demand/margins. 2027 est: $340M EBITDA, $4.70 FCF/share, 2x leverage. $50+ target at 8x EBITDA, high-20%s 3yr IRR. Bill rates stabilizing, orders recovering, fill rates improving. Tech segment growing, margins expanding. Risks: competitive pressures, high leverage.
Read full article (8 min)