NASDAQ:CCRN

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

$16.55
+0.53 (+3.31%)
(As of 10:58 AM ET)
Today's Range
$16.03
$16.60
50-Day Range
$16.02
$19.06
52-Week Range
$15.65
$28.75
Volume
34,570 shs
Average Volume
450,945 shs
Market Capitalization
$575.44 million
P/E Ratio
12.73
Dividend Yield
N/A
Price Target
$20.83

Cross Country Healthcare MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
30.0% Upside
$20.83 Price Target
Short Interest
Bearish
15.55% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.23
Upright™ Environmental Score
News Sentiment
0.12mentions of Cross Country Healthcare in the last 14 days
Based on 35 Articles This Week
Insider Trading
Selling Shares
$105,361 Sold Last Quarter
Proj. Earnings Growth
41.56%
From $0.77 to $1.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Business Services Sector

31st out of 314 stocks

Help Supply Services Industry

4th out of 17 stocks

CCRN stock logo

About Cross Country Healthcare Stock (NASDAQ:CCRN)

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.

CCRN Stock Price History

CCRN Stock News Headlines

Biden’s Sneaky H.R. 5376 Is A Nightmare For Retirement Savers
First Obamacare For Health, Now Bidencare For 401(k)s - How To Optout
Biden’s Sneaky H.R. 5376 Is A Nightmare For Retirement Savers
First Obamacare For Health, Now Bidencare For 401(k)s - How To Optout
Cross Country: Q1 Earnings Snapshot
Here's what to expect from Cross Country Healthcare's earnings
See More Headlines
Receive CCRN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cross Country Healthcare and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/01/2024
Today
5/07/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

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
$20.83
High Stock Price Target
$26.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+30.0%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$72.63 million
Pretax Margin
3.74%

Debt

Sales & Book Value

Annual Sales
$2.02 billion
Cash Flow
$2.66 per share
Book Value
$13.47 per share

Miscellaneous

Free Float
33,070,000
Market Cap
$557.02 million
Optionable
Optionable
Beta
0.77

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives


CCRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Cross Country Healthcare stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cross Country Healthcare in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CCRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCRN, but not buy additional shares or sell existing shares.
View CCRN analyst ratings
or view top-rated stocks.

What is Cross Country Healthcare's stock price target for 2024?

8 brokers have issued 12-month target prices for Cross Country Healthcare's stock. Their CCRN share price targets range from $16.00 to $26.00. On average, they predict the company's stock price to reach $20.83 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price.
View analysts price targets for CCRN
or view top-rated stocks among Wall Street analysts.

How have CCRN shares performed in 2024?

Cross Country Healthcare's stock was trading at $22.64 at the beginning of the year. Since then, CCRN shares have decreased by 29.2% and is now trading at $16.02.
View the best growth stocks for 2024 here
.

When is Cross Country Healthcare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CCRN earnings forecast
.

How were Cross Country Healthcare's earnings last quarter?

Cross Country Healthcare, Inc. (NASDAQ:CCRN) released its earnings results on Wednesday, May, 1st. The business services provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The business services provider earned $379.17 million during the quarter, compared to the consensus estimate of $374.38 million. Cross Country Healthcare had a trailing twelve-month return on equity of 11.69% and a net margin of 2.58%. Cross Country Healthcare's revenue was down 39.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.84 earnings per share.

What ETFs hold Cross Country Healthcare's stock?
What guidance has Cross Country Healthcare issued on next quarter's earnings?

Cross Country Healthcare updated its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of 0.100-0.200 for the period, compared to the consensus earnings per share estimate of 0.180. The company issued revenue guidance of $330.0 million-$340.0 million, compared to the consensus revenue estimate of $362.5 million.

What is John Martins' approval rating as Cross Country Healthcare's CEO?

39 employees have rated Cross Country Healthcare Chief Executive Officer John Martins on Glassdoor.com. John Martins has an approval rating of 73% among the company's employees. 86.0% of employees surveyed would recommend working at Cross Country Healthcare to a friend.

What other stocks do shareholders of Cross Country Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cross Country Healthcare investors own include NVIDIA (NVDA), Energy Transfer (ET), OPKO Health (OPK), Enphase Energy (ENPH), Overstock.com (OSTK), QUALCOMM (QCOM), Vista Outdoor (VSTO), Twilio (TWLO), Advanced Micro Devices (AMD) and Activision Blizzard (ATVI).

Who are Cross Country Healthcare's major shareholders?

Cross Country Healthcare's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (6.17%), Congress Asset Management Co. MA (0.97%), Pinnacle Associates Ltd. (0.96%), Principal Financial Group Inc. (0.55%), Paradiem LLC (0.39%) and Empowered Funds LLC (0.33%). Insiders that own company stock include Colin Patrick Mcdonald, Cynthia Ann Grieco, Daniele Addis, John Anthony Martins, Joseph Trunfio, Karen Mote, Marc S Krug, Susan E Ball, W Larry Cash and William J Burns.
View institutional ownership trends
.

How do I buy shares of Cross Country Healthcare?

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.

This page (NASDAQ:CCRN) was last updated on 5/7/2024 by MarketBeat.com Staff

From Our Partners