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Cross Country Healthcare (CCRN)
NASDAQ:CCRN

Cross Country Healthcare (CCRN) Price & Analysis

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CCRN Stock Chart & Stats


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Bulls Say, Bears Say

Bulls Say
AcquisitionAya Healthcare has agreed to acquire Cross Country for $18.61 per share in cash, which represents a 67% premium to the company’s closing price on the day before the transaction was announced.
Cash FlowCash from operations in 4Q doubled year over year to $24.2M, bringing full year cash from operations to $120M.
Revenue PerformanceRevenue of $309.9M exceeded both internal and consensus estimates, highlighting strength in physician, education, and home care business lines.
Bears Say
Financial PerformanceCross Country's adjusted EBITDA and adjusted EPS were well below expectations.
Market ValuationCross Country's stock has historically traded at lower multiples compared to its peers, which could result in a lower valuation if the deal does not go through.
Regulatory DelaysThe Federal Trade Commission's second request will increase uncertainty and delay the completion of Cross Country Healthcare's acquisition by Aya Healthcare.
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Financials

Quarterly

Ownership Overview

5.77%20.58%39.35%16.36%
39.35% Other Institutional Investors
16.36% Public Companies and
Individual Investors

Risk Analysis

Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks

Website Traffic

Sorry, No Data Available
There 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 $19.14 in the past 12 months.
    What is Cross Country Healthcare’s market cap?
    Cross Country Healthcare’s market cap is $490.88M.
      When is Cross Country Healthcare’s upcoming earnings report date?
      Cross Country Healthcare’s upcoming earnings report date is Apr 30, 2025 which is in 34 days.
        How were Cross Country Healthcare’s earnings last quarter?
        Cross Country Healthcare released its earnings results on Mar 05, 2025. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.115 by -$0.075.
          Is Cross Country Healthcare overvalued?
          According to Wall Street analysts Cross Country Healthcare’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            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 0.06.
              How many shares outstanding does Cross Country Healthcare have?
              Cross Country Healthcare has 32,812,580 shares outstanding.
                What happened to Cross Country Healthcare’s price movement after its last earnings report?
                Cross Country Healthcare reported an EPS of $0.04 in its last earnings report, missing expectations of $0.115. Following the earnings report the stock price went down -6.287%.
                  Which hedge fund is a major shareholder of Cross Country Healthcare?
                  Currently, no hedge funds are holding shares in CCRN
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                  Company Description

                  Cross Country Healthcare

                  Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, local nurses, and allied staffing; staffing solutions for registered nurses, licensed practical nurses, certified nurse assistants, practitioners, pharmacists, and other allied professionals on per diem and short-term assignments; and clinical and non-clinical professionals on long-term contract assignments, as well as workforce solutions, including MSP, RPO, and consulting services. It also provides retained search services for healthcare professionals, as well as contingent search and recruitment process outsourcing services. This segment serves public and private acute care and non-acute care hospitals, government facilities, local and national healthcare plans, managed care providers, public and charter schools, outpatient clinics, ambulatory care facilities, physician practice groups, and other healthcare providers under the Cross Country brand. The Physician Staffing segment provides physicians in various specialties, certified registered nurse anesthetists, nurse practitioners, and physician assistants under the Cross Country Locums brand as independent contractors on temporary assignments at various healthcare facilities, such as acute and non-acute care facilities, medical group practices, government facilities, and managed care organizations. The company was founded in 1986 and is headquartered in Boca Raton, Florida.
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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>
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                  CCRN Stock 12 Month Forecast

                  Average Price Target

                  $18.61
                  ▲(24.07% Upside)
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                  Best Analysts Covering CCRN

                  1 Year
                  Kevin FischbeckBank of America Securities
                  1 Year Success Rate
                  4/9 ratings generated profit
                  44%
                  1 Year Average Return
                  -42.13%
                  reiterated a sell rating 12 months ago
                  Copying Kevin Fischbeck's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -42.13% per trade.
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