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Cross Country Healthcare (CCRN)
NASDAQ:CCRN
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$17.14
Volume171.44K
Average Volume (3M)493.96K
Market Cap
$595.20M
Enterprise Value$583.37M
Total Cash (Recent Filing)$17.09M
Total Debt (Recent Filing)$5.27M
Price to Earnings (P/E)8.4
Beta0.26
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. Volume258,419
30 Day Avg. Volume493,963
Standard Deviation0.13
R-Squared0.09
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.10
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)12.30
P/FCF Ratio15.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.29
Enterprise Value/Gross Profit1.30
Enterprise Value/Ebitda4.51
Forecast
1Y Price Target
$19.25Price Target Upside9.69% Upside
Rating ConsensusHold
Number of Analyst Covering5
Cross Country Healthcare News
PremiumCompany Announcements
Cross Country Healthcare Issues Informative Press Statement
PremiumCompany Announcements
Cross Country Healthcare Issues Insightful Press Statement
PremiumCompany Announcements
Cross Country Healthcare Announces Significant News Update
Bulls Say, Bears Say
Bulls Say
Business GrowthThe company has reported significant growth in physician staffing and education staffing, indicating a strong expansion in key operational areas.
Earnings PerformanceQ4/23 revenue of $414.0 million exceeded estimates and the high end of the guidance range.
Financial StrategyThe company's strong financial position, with a debt-free balance sheet, enables strategic share repurchases and technology investments, potentially enhancing shareholder value.
Bears Say
Cost-Cutting MeasuresManagement reduced headcount by 23% in 2023 and by an additional 8% since the start of 2024.
Guidance MissQ1 guidance was well below consensus with revenues 6% below consensus and adjusted EBITDA 29% below.
Revenue DeclineRevenue declined significantly year over year and sequentially from the previous quarter.
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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 May 01, 2024 which is 8 days ago.
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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4
5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$19.25 (9.69% Upside)
$19.25 (9.69% 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 ▼ 1.2%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.61%
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 Month Forecast
Average Price Target
$19.25
▲(9.69% Upside)
Technical Analysis
Best Analysts Covering CCRN
1 Year
1 Year Success Rate
18/32 ratings generated profit
1 Year Average Return
+21.51%
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 +21.51% per trade.
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