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NASDAQ:CCRN

Cross Country Healthcare (CCRN) Stock Price, News & Analysis

Cross Country Healthcare logo
$10.34 -0.04 (-0.39%)
(As of 11/22/2024 ET)

About Cross Country Healthcare Stock (NASDAQ:CCRN)

Key Stats

Today's Range
$10.24
$10.49
50-Day Range
$9.81
$14.96
52-Week Range
$9.58
$23.64
Volume
296,661 shs
Average Volume
533,576 shs
Market Capitalization
$340.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.50
Consensus Rating
Hold

Company Overview

Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company's Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services. It also offers 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, VMS, in- home care, education healthcare, RPO, project management, and other outsourcing and consultative services. This segment provides retained search services for healthcare professionals, as well as contingent search and recruitment process outsourcing services. It 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. Its Physician Staffing segment provides physicians in various specialties, certified registered nurse anesthetists, nurse practitioners, and physician assistants under the Cross Country Locums brand on temporary assignments. It serves 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.

Cross Country Healthcare Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

CCRN MarketRank™: 

Cross Country Healthcare scored higher than 94% of companies evaluated by MarketBeat, and ranked 31st out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cross Country Healthcare has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cross Country Healthcare has only been the subject of 2 research reports in the past 90 days.

  • Read more about Cross Country Healthcare's stock forecast and price target.
  • Earnings Growth

    Earnings for Cross Country Healthcare are expected to grow by 13.46% in the coming year, from $0.52 to $0.59 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cross Country Healthcare is -206.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cross Country Healthcare is -206.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Cross Country Healthcare has a PEG Ratio of 1.98. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cross Country Healthcare has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Cross Country Healthcare's valuation and earnings.
  • Percentage of Shares Shorted

    9.23% of the float of Cross Country Healthcare has been sold short.
  • Short Interest Ratio / Days to Cover

    Cross Country Healthcare has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cross Country Healthcare has recently decreased by 7.72%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Cross Country Healthcare does not currently pay a dividend.

  • Dividend Growth

    Cross Country Healthcare does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.23% of the float of Cross Country Healthcare has been sold short.
  • Short Interest Ratio / Days to Cover

    Cross Country Healthcare has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cross Country Healthcare has recently decreased by 7.72%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Cross Country Healthcare has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Cross Country Healthcare this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for CCRN on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Cross Country Healthcare to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cross Country Healthcare insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.90% of the stock of Cross Country Healthcare is held by insiders.

  • Percentage Held by Institutions

    96.03% of the stock of Cross Country Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cross Country Healthcare's insider trading history.
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CCRN Stock News Headlines

Buffett Dumps $982 Million in BofA Stock—What Does He Know?
Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.
Cross Country Healthcare Reports Q3 2024 Financial Results
Cross Country Healthcare Inc Q3 Profit Decreases, But Beats Estimates
See More Headlines

CCRN Stock Analysis - Frequently Asked Questions

Cross Country Healthcare's stock was trading at $22.64 at the beginning of 2024. Since then, CCRN stock has decreased by 54.3% and is now trading at $10.34.
View the best growth stocks for 2024 here
.

Cross Country Healthcare, Inc. (NASDAQ:CCRN) issued its quarterly earnings data on Wednesday, July, 31st. The business services provider reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $0.04. The company's revenue was down 37.2% on a year-over-year basis.

Top institutional investors of Cross Country Healthcare include Pacer Advisors Inc. (11.72%), Systematic Financial Management LP (5.05%), State Street Corp (4.05%) and Royce & Associates LP (3.35%). Insiders that own company stock include William J Burns, W Larry Cash, Susan E Ball, John Anthony Martins, Marc S Krug, Karen Mote, Colin Patrick Mcdonald, Phillip Lyn Noe and Cynthia Ann Grieco.
View institutional ownership trends
.

Shares of CCRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cross Country Healthcare investors own include American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR) and Humana (HUM).

Company Calendar

Last Earnings
7/31/2024
Today
11/23/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/19/2025

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Health Care Services
Current Symbol
NASDAQ:CCRN
CUSIP
22748310
Employees
10,831
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$18.50
High Stock Price Target
$22.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+78.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$72.63 million
Pretax Margin
0.03%

Debt

Sales & Book Value

Annual Sales
$2.02 billion
Cash Flow
$2.76 per share
Book Value
$12.90 per share

Miscellaneous

Free Float
31,304,000
Market Cap
$340.39 million
Optionable
Optionable
Beta
0.65

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This page (NASDAQ:CCRN) was last updated on 11/23/2024 by MarketBeat.com Staff
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