AMN Healthcare Services Amends Credit Agreement Terms

An announcement from AMN Healthcare Services ( (AMN) ) is now available.

AMN Healthcare Services announced plans to amend its existing Credit Agreement, originally dated February 9, 2018. The amendment will extend the maturity of its revolving credit facility to October 2030, reduce its size from $750 million to $450 million, and adjust the credit spread and leverage ratio terms. The final documentation for this amendment is expected to be executed in the fourth quarter of 2025, potentially impacting the company’s financial flexibility and operational strategy.

The most recent analyst rating on (AMN) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on AMN Healthcare Services stock, see the AMN Stock Forecast page.

Spark’s Take on AMN Stock

According to Spark, TipRanks’ AI Analyst, AMN is a Neutral.

AMN Healthcare Services is currently facing financial headwinds with declining revenue and profitability. Despite these challenges, the company has shown some positive signs, such as exceeding earnings expectations and reducing debt. Technical indicators suggest potential for recovery, but valuation remains unattractive due to recent losses. Overall, the stock score reflects a cautious outlook with some optimism for improvement.

To see Spark’s full report on AMN stock, click here.

More about AMN Healthcare Services

AMN Healthcare Services, Inc. operates in the healthcare industry, providing workforce solutions and staffing services to healthcare facilities. The company focuses on delivering a range of services including temporary and permanent staffing, recruitment process outsourcing, and consulting services to healthcare organizations.

Average Trading Volume: 956,353

Technical Sentiment Signal: Sell

Current Market Cap: $717.4M

Find detailed analytics on AMN stock on TipRanks’ Stock Analysis page.