AMN Healthcare (AMN) Sells Scheduling Software for $75 Million

Author's Avatar
3 days ago
Article's Main Image
  • AMN Healthcare has sold its Smart Square scheduling tool for $75 million, marking a strategic move with Symplr that includes a new commercial partnership.
  • Wall Street analysts propose an average price target of $26.54 for AMN, indicating significant upside potential from its current value.
  • GuruFocus analysis reveals a compelling future GF Value for AMN, suggesting the stock is undervalued with a potential upside of over 131%.

In a strategic financial maneuver, AMN Healthcare (AMN, Financial) has opted to divest its Smart Square scheduling tool to Symplr for a total of $75 million. This includes an initial payment of $65 million and an additional $10 million promissory note scheduled for 2026. Furthermore, this transaction paves the way for a new commercial partnership between AMN and Symplr, indicating a promising collaboration ahead.

Wall Street Analysts Outlook

1940411109878165504.png

Turning to Wall Street's perspective, insights from seven industry analysts suggest an average one-year price target of $26.54 for AMN Healthcare Services Inc (AMN, Financial). With predictions ranging from a high of $33.00 to a low of $24.00, the average target price reflects a potential upside of 21.28% from AMN's current trading price of $21.88. For an in-depth analysis of these projections, investors can visit the AMN Healthcare Services Inc (AMN) Forecast page.

Moreover, examining the consensus from nine brokerage firms, AMN's stock receives an average recommendation rating of 2.8, categorizing it as a "Hold." This rating falls within a scale where "Strong Buy" is rated at 1, and "Sell" at 5, reflecting a cautious yet steady investor sentiment regarding the stock.

GuruFocus Insights

Highlighting a more optimistic outlook, GuruFocus estimates the GF Value for AMN Healthcare Services Inc (AMN, Financial) to reach $50.62 within a year. This estimation implies an impressive potential upside of 131.35% from its current market price. The GF Value is meticulously calculated, taking into account the stock's historic trading multiples, its past business growth, and future performance forecasts. Investors seeking detailed data and comprehensive insights can explore the AMN Healthcare Services Inc (AMN) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.