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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
RESEARCH TOOLSreports
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CCRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.58 - $23.64
Previous Close$10.21
Volume49.48K
Average Volume (3M)795.44K
Market Cap
$340.68M
Enterprise Value$281.73M
Total Cash (Recent Filing)$64.02M
Total Debt (Recent Filing)$4.41M
Price to Earnings (P/E)―
Beta0.30
Next Earnings
Feb 19, 2025EPS Estimate
$0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding32,916,647
10 Day Avg. Volume717,084
30 Day Avg. Volume795,439
Standard Deviation0.14
R-Squared0.06
Alpha0.00264
Financial Highlights & Ratios
Price to Book (P/B)0.79
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)11.40
P/FCF Ratio13.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.19
Enterprise Value/Gross Profit0.63
Enterprise Value/Ebitda11.98
Forecast
1Y Price Target
$15.75Price Target Upside54.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Cross Country Healthcare News
PremiumCompany Announcements
Cross Country Healthcare Reports Q3 2024 Financial Results
PremiumCompany Announcements
Cross Country Healthcare Reports Q3 2024 Financials
PremiumPre-Earnings
Is CCRN a Buy, Before Earnings?
PremiumCompany Announcements
Cross Country Healthcare Joins UBS Global Conference 2024Bulls Say, Bears Say
Bulls Say
Financial StrategyThe company's clean balance sheet provides opportunities for acquisitions or stock buybacks.
Non-Core Business GrowthManagement highlights strength in non-core businesses like Locums, Education, and Home Health, which are showing solid growth trends.
Technology And ServicesFee revenue generated through the deployment of VMS technology produces strong EBITDA margins in the range of 60-70% that are well above-average.
Bears Say
Competitive PressureEfforts by healthcare providers to reduce contingent labor usage in recent quarters has created more competition among staffing companies for fewer assignments, which has pressured bill-pay spreads and gross margin.
EarningsMargin pressures in the core travel nursing business have led to a miss in expected earnings.
Market DemandUncertainty remains on when demand trends will lead to a volume increase in the core business and when margins will stabilize.
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Ownership Overview
5.73% Insiders
24.00% Mutual Funds
22.46% Other Institutional Investors
29.14% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CCRN FAQ
What was Cross Country Healthcare’s price range in the past 12 months?
Cross Country Healthcare lowest stock price was $9.58 and its highest was $23.64 in the past 12 months.
What is Cross Country Healthcare’s market cap?
Currently, no data Available
When is Cross Country Healthcare’s upcoming earnings report date?
Cross Country Healthcare’s upcoming earnings report date is Feb 19, 2025 which is in 90 days.
How were Cross Country Healthcare’s earnings last quarter?
Cross Country Healthcare released its earnings results on Nov 06, 2024. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.095 by $0.025.
Is Cross Country Healthcare overvalued?
According to Wall Street analysts Cross Country Healthcare’s price is currently Undervalued.
Does Cross Country Healthcare pay dividends?
Cross Country Healthcare does not currently pay dividends.
What is Cross Country Healthcare’s EPS estimate?
Cross Country Healthcare’s EPS estimate is $0.11.
How many shares outstanding does Cross Country Healthcare have?
Cross Country Healthcare has 32,916,650 shares outstanding.
What happened to Cross Country Healthcare’s price movement after its last earnings report?
Cross Country Healthcare reported an EPS of $0.12 in its last earnings report, beating expectations of $0.095. Following the earnings report the stock price went up 0.988%.
Which hedge fund is a major shareholder of Cross Country Healthcare?
Among the largest hedge funds holding Cross Country Healthcare’s share is Royce & Associates LLC. It holds Cross Country Healthcare’s shares valued at 15M.
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Cross Country Healthcare Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.75 (54.56% Upside)
$15.75 (54.56% Upside)
Blogger Sentiment
Bullish
CCRN Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 649.1K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-52.26%
12-Months-Change
Fundamentals
Return on Equity
-0.39%
Trailing 12-Months
Asset Growth
-15.59%
Trailing 12-Months
Company Description
Cross Country Healthcare
Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the following segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services. The Nurse and Allied Staffing segment provides workforce solutions and traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing. The Physician Staffing segment consists of certified registered nurse anesthetists, nurse practitioners, and physician assistants. The Other Human Capital Management Services segment includes retained and contingent search services for physicians, healthcare executives, and other healthcare professionals. The company was founded in 1975 and is headquartered in Boca Raton, FL.
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CCRN Earnings Call
Q3 2024
0:00 / 0:00
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CCRN Stock 12 Month Forecast
Average Price Target
$15.75
▲(54.56% Upside)
Technical Analysis
Best Analysts Covering CCRN
1 Year
1 Year Success Rate
18/35 ratings generated profit
1 Year Average Return
+13.83%
reiterated a buy rating 2 months ago
Copying Kevin Steinke's trades and holding each position for 1 Year would result in 51.43% of your transactions generating a profit, with an average return of +13.83% per trade.
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