American Shared Hospital Services (AMS) AI Stock Analysis

NYSE American: AMSAI research summary: business, growth, valuation, analysts, bull and bear case.

AMS AI stock analysis summary

AI Research

American Shared Hospital Services leases radiosurgery and radiation therapy equipment, including Gamma Knife units, to healthcare providers. In FY2025, the company generated revenue of $28.1M with a net loss of -$1.6M. Over the trailing twelve months ended June 30, 2026, revenue stood at $30.4M while operating margin was -7.2%.

Market cap
$8.5M
Revenue (TTM)
$30.4M
P/E
—
fwd 44.6x
1Y return
-43.6%
S&P 500 16.8%
Avg. target
$4.00
212.5% vs last close

Bull case

  • Trailing twelve months revenue increased to $30.4M, supported by 19.2% year-over-year revenue growth in the quarter ended June 30, 2026.
  • The stock trades at a price-to-sales multiple of 0.3x, significantly below the 4.1x median of its US-listed Healthcare peers.
  • The mean analyst price target of $4.00 represents a 212.5% premium over the last close of $1.28.

Bear case

  • Net income dropped to -$1.6M in FY2025 as gross margin contracted to 18.0%.
  • Capital expenditures of $7.6M contributed to negative free cash flow of -$4.5M in FY2025.
  • Liquidity is pressured by a current ratio of 0.77 and net debt of $14.0M as of June 30, 2026.

What American Shared Hospital Services does

American Shared Hospital Services specializes in leasing radiosurgery and radiation therapy equipment to healthcare providers. The company's offerings include Gamma Knife stereotactic radiosurgery equipment for treating malignant and benign brain tumors, arteriovenous malformations, and trigeminal neuralgia, along with specialized financing options for Leksell Gamma Knife units. It also delivers proton beam radiation therapy services in Orlando, Florida, and Long Beach, California. Beyond equipment leasing, it provides planning, installation, reimbursement guidance, and marketing assistance. Founded in 1980 and based in San Francisco, California, the company operated 115 Gamma Knife units as of December 31, 2021, and has expanded internationally into Lima, Peru, and Guayaquil, Ecuador.

Growth and profitability

Revenue expanded at a 5-year CAGR of 9.5% from FY2020 to FY2025. Annual revenue rose to $28.3M in FY2024 before decreasing 0.9% to $28.1M in FY2025. Gross margin contracted from 43.8% in FY2023 to 32.4% in FY2024 and 18.0% in FY2025. Net income shifted from $2.2M in FY2024 to -$1.6M in FY2025, with an operating margin of -7.2%. Over the trailing twelve months, revenue reached $30.4M with an EPS of -$0.26. In the latest quarter ended June 30, 2026, revenue increased 19.2% year-over-year, while quarterly earnings declined 38.1%.

AMS income statement →

Balance sheet and cash flow

As of June 30, 2026, American Shared Hospital Services held $6.5M in cash and short-term investments against $20.5M in total debt, resulting in net debt of $14.0M. The current ratio was 0.77, and debt-to-equity was 0.89 alongside shareholders' equity of $23.1M. During FY2025, operating cash flow was $3.1M while capital expenditures totaled $7.6M, resulting in free cash flow of -$4.5M. The company's share count grew 12.3% over 5 years.

AMS balance sheet →

Valuation and performance

With a market cap of $8.5M and an enterprise value of $25.3M, American Shared Hospital Services trades at a forward P/E of 44.6x, above the 17.3x median of its US-listed Healthcare peers. Its price-to-sales of 0.3x and EV-to-EBITDA of 7.2x trade below peer medians of 4.1x and 12.0x, respectively. Over the past 1 year, the stock fell 43.6% compared to a 16.8% gain for the S&P 500 (SPY), and over 5 years, it fell 54.4% against an 83.0% advance for SPY.

AMS key metrics →

What analysts expect

Analysts maintain a mean price target of $4.00, compared to the last close of $1.28 on October 16, 2026. For the current fiscal year ending December 31, 2026, estimates project revenue of $32.7M and an EPS of -$0.14, reflecting an estimated EPS growth of 39.1%. The company delivered 0 EPS beats over the last 4 quarters. The next earnings date is November 12, 2026.

AMS forecast and price target →

Key risks and what to watch

  • Total debt of $20.5M exceeds cash and short-term investments of $6.5M, yielding a debt-to-equity ratio of 0.89.
  • The company logged 0 EPS beats against analyst expectations across the last 4 quarters.
  • The stock has declined 39.3% year-to-date and trades 22.8% below its 200-day average.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AMS AI stock analysis

This page is an AI-written research summary of American Shared Hospital Services (AMS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AMS income statement, AMS balance sheet, AMS key metrics, AMS analyst forecast, AMS chart. See the AMS stock overview for the latest quote and news.

AMS AI stock analysis FAQ

Does American Shared Hospital Services pay a dividend?

No dividend information is reported for American Shared Hospital Services.

What is the consensus analyst price target for AMS?

The mean price target is $4.00, which is 212.5% above the closing price of $1.28 on October 16, 2026.

What was American Shared Hospital Services' revenue in FY2025?

Revenue for FY2025 was $28.1M, representing a decline of 0.9% from $28.3M in FY2024.

What does American Shared Hospital Services' balance sheet look like?

As of June 30, 2026, the company held $6.5M in cash and short-term investments, $20.5M in total debt, and net debt of $14.0M, with a current ratio of 0.77.

More Healthcare AI stock analysis