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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
RESEARCH TOOLSreports
Holding CCRN?
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CCRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.58 - $23.64
Previous Close$17.91
Volume1.01M
Average Volume (3M)1.09M
Market Cap
$578.41M
Enterprise Value$518.80M
Total Cash (Recent Filing)$64.02M
Total Debt (Recent Filing)$4.41M
Price to Earnings (P/E)―
Beta0.23
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. Volume900,930
30 Day Avg. Volume1,086,917
Standard Deviation0.14
R-Squared0.05
Alpha-0.00002
Financial Highlights & Ratios
Price to Book (P/B)1.39
Price to Sales (P/S)0.41
Price to Cash Flow (P/CF)19.70
P/FCF Ratio23.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.36
Enterprise Value/Gross Profit1.15
Enterprise Value/Ebitda22.06
Forecast
1Y Price Target
$15.81Price Target Upside-11.73% Downside
Rating ConsensusHold
Number of Analyst Covering7
Cross Country Healthcare News
PremiumCompany Announcements
Aya Healthcare to Acquire Cross Country HealthcareBulls Say, Bears Say
Bulls Say
Acquisition PremiumCross Country Healthcare announced an agreement to be acquired by Aya Healthcare for a 67% premium to its closing price, indicating a significantly higher valuation than its current market price.
Balance Sheet StrengthThe company's clean balance sheet provides opportunities for acquisitions or stock buybacks.
Technology And Service OfferingsRecent wins of new managed service provider (MSP) and vendor neutral programs on Cross Country’s Intellify technology platform.
Bears Say
Financial PerformanceCross Country's revenue and profitability were depressed due to softer demand conditions in the healthcare staffing industry, leading to a more competitive environment and pressured margins.
Industry TrendsEfforts 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.
Market RatingThe rating on Cross Country has been reduced to MARKET PERFORM from OUTPERFORM since the stock price is close to the offered acquisition price, assuming shareholder approval and no higher competing bids.
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Ownership Overview
5.85% Insiders
23.95% Mutual Funds
22.90% Other Institutional Investors
28.13% 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 59 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 Overvalued.
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 32,277,393 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
Hold
Average Price Target:
$15.81 (-11.73% Downside)
$15.81 (-11.73% Downside)
Blogger Sentiment
Bullish
CCRN Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 649.1K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-18.55%
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
Earnings Call Sentiment|Neutral
The earnings call highlighted positive growth in home care, physician staffing, and education segments, along with strong financial management. However, significant declines in revenue and ongoing margin pressures in the Travel Nursing & Allied segment present notable challenges.Read More>---
CCRN Stock 12 Month Forecast
Average Price Target
$15.81
▼(-11.73% Downside)
Technical Analysis
Best Analysts Covering CCRN
1 Year
1 Year Success Rate
3/9 ratings generated profit
1 Year Average Return
-43.84%
reiterated a sell rating 8 months ago
Copying Kevin Fischbeck's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -43.84% per trade.
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