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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
RESEARCH TOOLSreports
Cross Country Healthcare (CCRN) Stock Price & Analysis
239 Followers
CCRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.65 - $28.75
Previous Close$16.41
Volume523.46K
Average Volume (3M)425.62K
Market Cap
$570.64M
Enterprise Value$558.82M
Total Cash (Recent Filing)$17.09M
Total Debt (Recent Filing)$5.27M
Price to Earnings (P/E)12.6
Beta0.21
Next Earnings
Jul 31, 2024EPS Estimate
$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.30
Shares Outstanding34,774,058
10 Day Avg. Volume431,277
30 Day Avg. Volume425,618
Standard Deviation0.13
R-Squared0.09
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.02
Price to Sales (P/S)0.28
Price to Cash Flow (P/CF)11.80
P/FCF Ratio14.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.28
Enterprise Value/Gross Profit1.24
Enterprise Value/Ebitda4.32
Forecast
1Y Price Target
$18.67Price Target Upside25.05% Upside
Rating ConsensusHold
Number of Analyst Covering6
Cross Country Healthcare News
PremiumCompany Announcements
Cross Country Healthcare Issues Informative Press Statement
PremiumCompany Announcements
Cross Country Healthcare Issues Insightful Press Statement
Bulls Say, Bears Say
Bulls Say
EarningsQ1/24 revenue of $379.2 million exceeded estimates, showcasing the company's ability to surpass financial expectations.
Financial HealthThe company has a healthy balance sheet with no debt and is planning share repurchases and technology investments.
GrowthPhysician Staffing emerged as a positive aspect, with segment revenue, days filled, and revenue per day all showing increases.
Bears Say
Financial PerformanceRevenue declined significantly year-over-year as demand for nurse and allied travel staffing continues to normalize post-pandemic.
Market ConditionsThe market for healthcare staffing is experiencing softer conditions as providers seek to lower costs by reducing contingent labor usage.
Profitability ConcernsCross Country Healthcare reported revenue that slightly exceeded estimates but adjusted EBITDA that trailed consensus, indicating potential profitability concerns.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
CCRN FAQ
What was Cross Country Healthcare’s price range in the past 12 months?
Cross Country Healthcare lowest stock price was $15.65 and its highest was $28.75 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 82 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 $0.14.
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 23M.
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Cross Country Healthcare Stock Smart Score
Underperform
1
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10
Analyst Consensus
Hold
Average Price Target:
$18.67 (25.05% Upside)
$18.67 (25.05% Upside)
Blogger Sentiment
Bullish
CCRN Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 266.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $173.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-33.50%
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
▲(25.05% Upside)
Technical Analysis
Best Analysts Covering CCRN
1 Year
1 Year Success Rate
19/33 ratings generated profit
1 Year Average Return
+20.43%
reiterated a buy rating 5 days ago
Copying Kevin Steinke's trades and holding each position for 1 Year would result in 57.58% of your transactions generating a profit, with an average return of +20.43% per trade.
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