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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
RESEARCH TOOLSreports
Cross Country Healthcare (CCRN) Stock Price & Analysis
240 Followers
CCRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.48 - $28.55
Previous Close$13.62
Volume273.79K
Average Volume (3M)369.20K
Market Cap
$473.62M
Enterprise Value$461.80M
Total Cash (Recent Filing)$17.09M
Total Debt (Recent Filing)$5.27M
Price to Earnings (P/E)10.4
Beta0.31
Next Earnings
Jul 31, 2024EPS Estimate
$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.30
Shares Outstanding34,774,058
10 Day Avg. Volume397,349
30 Day Avg. Volume369,197
Standard Deviation0.14
R-Squared0.08
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.71
Price to Sales (P/S)0.24
Price to Cash Flow (P/CF)10.10
P/FCF Ratio12.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.23
Enterprise Value/Gross Profit1.03
Enterprise Value/Ebitda3.57
Forecast
1Y Price Target
$18.67Price Target Upside38.91% Upside
Rating ConsensusHold
Number of Analyst Covering6
Cross Country Healthcare News
PremiumCompany Announcements
Cross Country Healthcare Approves New Incentive Plan
PremiumCompany Announcements
Cross Country Healthcare Issues Informative Press Statement
PremiumCompany Announcements
Cross Country Healthcare Issues Informative Press Statement
PremiumCompany Announcements
Cross Country Healthcare Issues Insightful Press Statement
Bulls Say, Bears Say
Bulls Say
Physician StaffingSegment revenue for physician staffing increased 16% to $47.0M, driven by higher days filled and revenue per day.
Revenue PerformanceQ1/24 revenue of $379.2 million exceeded estimates, consensus, and was near the high end of the guidance range.
Segment GrowthPhysician staffing saw a significant increase, now accounting for 12% of total revenue, up from 3% two years ago.
Bears Say
Financial PerformanceCross Country is expecting continued pressure on gross margins, guiding to a lower range compared to the previous year.
Market ConditionsThe near-term demand for travel nursing is expected to remain weak, impacting revenue and EBITDA forecasts negatively.
RevenueNurse and Allied segment revenue has dropped significantly by 43%, indicating major challenges in sustaining growth.
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Ownership Overview
20.38% Insiders
30.91% Mutual Funds
40.03% Other Institutional Investors
8.68% 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 $13.48 and its highest was $28.55 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 Jul 31, 2024 which is in 25 days.
How were Cross Country Healthcare’s earnings last quarter?
Cross Country Healthcare released its earnings results on May 01, 2024. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.02.
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 $0.13.
How many shares outstanding does Cross Country Healthcare have?
Cross Country Healthcare has 34,774,060 shares outstanding.
What happened to Cross Country Healthcare’s price movement after its last earnings report?
Cross Country Healthcare reported an EPS of $0.19 in its last earnings report, beating expectations of $0.17. Following the earnings report the stock price went down -6.48%.
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 16M.
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Cross Country Healthcare Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$18.67 (38.91% Upside)
$18.67 (38.91% Upside)
Blogger Sentiment
Bullish
CCRN Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 134.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $339.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.06%
12-Months-Change
Fundamentals
Return on Equity
9.97%
Trailing 12-Months
Asset Growth
-29.56%
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
Q1 2024
0:00 / 0:00
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CCRN Stock 12 Month Forecast
Average Price Target
$18.67
▲(38.91% Upside)
Technical Analysis
Best Analysts Covering CCRN
1 Year
1 Year Success Rate
18/33 ratings generated profit
1 Year Average Return
+18.17%
reiterated a buy rating 2 months ago
Copying Kevin Steinke's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +18.17% per trade.
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