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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
RESEARCH TOOLSreports
Cross Country Healthcare (CCRN) Stock Price & Analysis
237 Followers
CCRN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.65 - $28.75
Previous Close$16.88
Volume335.29K
Average Volume (3M)501.68K
Market Cap
$586.17M
Enterprise Value$574.34M
Total Cash (Recent Filing)$17.09M
Total Debt (Recent Filing)$5.27M
Price to Earnings (P/E)8.3
Beta0.27
Next Earnings
May 01, 2024EPS Estimate
$0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.03
Shares Outstanding34,725,677
10 Day Avg. Volume196,969
30 Day Avg. Volume501,684
Standard Deviation0.13
R-Squared0.09
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.11
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)12.40
P/FCF Ratio15.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.28
Enterprise Value/Gross Profit1.28
Enterprise Value/Ebitda4.44
Forecast
1Y Price Target
$19.25Price Target Upside12.38% Upside
Rating ConsensusHold
Number of Analyst Covering5
Cross Country Healthcare News
PremiumCompany Announcements
Cross Country Healthcare Announces Significant News Update
PremiumCompany Announcements
Cross Country Healthcare Issues Non-Binding Regulatory Update
PremiumCompany Announcements
Cross Country Healthcare CCO Daniel White ExitsPremiumCompany Announcements
Cross Country Healthcare Shares Informal Investor Update
Bulls Say, Bears Say
Bulls Say
EarningsRevenue of $414.0 million exceeded estimates and the high end of the guidance range.
Financial HealthThe company has a healthy balance sheet with no debt and is planning share repurchases and technology investments.
Growth26% growth year over year in physician staffing and 9% growth year over year in education staffing.
Bears Say
Analyst SentimentCross Country Healthcare's price objective has been lowered to 16 USD from 20 USD, reflecting weaker financial estimates.
Earnings GuidanceSofter market conditions are reflected in Q1/24's revenue guidance, indicating a continued decline.
Operational ChangesManagement reduced headcount by 23% in 2023 and by an additional 8% since the start of 2024.
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Ownership Overview
20.29% Insiders
30.59% Mutual Funds
48.38% Other Institutional Investors
0.73% 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 $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 May 01, 2024 which is in 12 days.
How were Cross Country Healthcare’s earnings last quarter?
Cross Country Healthcare released its earnings results on Feb 21, 2024. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.274 by $0.016.
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 $0.17.
How many shares outstanding does Cross Country Healthcare have?
Cross Country Healthcare has 34,725,677 shares outstanding.
What happened to Cross Country Healthcare’s price movement after its last earnings report?
Cross Country Healthcare reported an EPS of $0.29 in its last earnings report, beating expectations of $0.274. Following the earnings report the stock price went down -0.176%.
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:
$19.25 (12.38% Upside)
$19.25 (12.38% 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
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 5.9%
Last 30 Days ▼ 5.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.60%
12-Months-Change
Fundamentals
Return on Equity
15.61%
Trailing 12-Months
Asset Growth
-28.33%
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
Q4 2024
0:00 / 0:00
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CCRN Stock 12 Months Forecast
Average Price Target
$19.25
▲(12.38% Upside)
Technical Analysis
Best Analysts Covering CCRN
1 Year
1 Year Success Rate
18/32 ratings generated profit
1 Year Average Return
+21.32%
reiterated a buy rating 2 months ago
Copying Kevin Steinke's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +21.32% per trade.
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