NASDAQ:CCRN - Cross Country Healthcare Stock Price, Price Target & More

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$12.08 -0.33 (-2.66 %)
(As of 06/24/2018 01:22 AM ET)
Previous Close$12.08
Today's Range$12.02 - $12.53
52-Week Range$9.07 - $14.65
Volume996,514 shs
Average Volume345,687 shs
Market Capitalization$451.72 million
P/E Ratio19.80
Dividend YieldN/A
Beta0.89
Cross Country Healthcare logoCross Country Healthcare, Inc. provides healthcare staffing, recruiting, and workforce solutions in the United States. The company operates in three segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, branch-based local nurses, and allied staffing; short-term staffing of registered nurses, licensed practical nurses, certified nurse assistants, practitioners, pharmacists, and other allied professionals on per diem and short-term assignments; and travel allied professionals on long-term contract assignments. It serves public and private acute care hospitals, government-owned facilities, public and charter schools, outpatient clinics, ambulatory care facilities, physician practice groups, retailers, and other healthcare providers under the Cross Country Staffing, Mediscan, and DirectEd brands. The Physician Staffing segment provides physicians in various specialties, certified registered nurse anesthetists, nurse practitioners, and physician assistants under the Medical Doctor Associates brand as independent contractors on temporary assignments at various healthcare facilities, such as acute and non-acute care facilities, medical group practices, government facilities, and managed care organizations. The Other Human Capital Management Services segment offers retained and contingent search services for physicians, healthcare executives, nurses, advanced practice, and allied health professionals. Cross Country Healthcare, Inc. was founded in 1996 and is headquartered in Boca Raton, Florida.

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Industry, Sector and Symbol

Industry Help supply services
Sub-IndustryHealth Care Services
SectorBusiness Services
SymbolNASDAQ:CCRN
CUSIP22748310
Phone561-998-2232

Debt

Debt-to-Equity Ratio0.39
Current Ratio2.32
Quick Ratio2.32

Price-To-Earnings

Trailing P/E Ratio19.80
Forward P/E Ratio26.84
P/E Growth2.22

Sales & Book Value

Annual Sales$865.05 million
Price / Sales0.51
Cash Flow$0.8653 per share
Price / Cash13.96
Book Value$6.52 per share
Price / Book1.85

Profitability

EPS (Most Recent Fiscal Year)$0.61
Net Income$37.51 million
Net Margins4.74%
Return on Equity9.99%
Return on Assets5.00%

Miscellaneous

Employees1,800
Outstanding Shares36,400,000

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Cross Country Healthcare (NASDAQ:CCRN) Frequently Asked Questions

What is Cross Country Healthcare's stock symbol?

Cross Country Healthcare trades on the NASDAQ under the ticker symbol "CCRN."

How were Cross Country Healthcare's earnings last quarter?

Cross Country Healthcare, Inc. (NASDAQ:CCRN) released its earnings results on Wednesday, May, 2nd. The business services provider reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The business services provider had revenue of $210.30 million for the quarter, compared to analysts' expectations of $206.75 million. Cross Country Healthcare had a return on equity of 9.99% and a net margin of 4.74%. The company's quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.05 earnings per share. View Cross Country Healthcare's Earnings History.

When is Cross Country Healthcare's next earnings date?

Cross Country Healthcare is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Cross Country Healthcare.

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

Cross Country Healthcare updated its second quarter earnings guidance on Wednesday, May, 2nd. The company provided EPS guidance of $0.04-0.06 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.12. The company issued revenue guidance of $206-211 million, compared to the consensus revenue estimate of $214.49 million.

What price target have analysts set for CCRN?

8 brokerages have issued twelve-month price targets for Cross Country Healthcare's shares. Their predictions range from $11.00 to $19.00. On average, they expect Cross Country Healthcare's share price to reach $13.8571 in the next year. View Analyst Ratings for Cross Country Healthcare.

What are Wall Street analysts saying about Cross Country Healthcare stock?

Here are some recent quotes from research analysts about Cross Country Healthcare stock:
  • 1. According to Zacks Investment Research, "Cross Country Healthcare, Inc. is a national leader in providing innovative healthcare workforce solutions and staffing services. Their diverse client base includes both clinical and nonclinical settings, servicing acute care hospitals, physician practice groups, outpatient and ambulatory-care centers, nursing facilities, both public schools and charter schools, rehabilitation and sports medicine clinics, government facilities, and homecare. They are able to place clinicians on travel and per diem assignments, local short-term contracts and permanent positions. They are a market leader in providing flexible workforce management solutions, which include managed services programs (MSP), internal resource pool consulting and development, electronic medical record (EMR) transition staffing, recruitment process outsourcing, predictive modeling and other outsourcing and consultative services. " (5/9/2018)
  • 2. Cantor Fitzgerald analysts commented, "Updated outlook. Despite the modest 1Q18 upside, we are lowering our estimates. We are cutting our 2018 revenue estimate to $861 million (from $867 million), lowering adjusted EPS to $0.45 (from $0.55), and reducing adjusted EBITDA to $44 million (from $47 million). We are introducing 2019 estimates that include revenue of $915 million (vs. $912 million consensus), adjusted EPS of $0.60 (vs. $0.65 consensus) and adjusted EBITDA of $52 million (vs. $58 million)." (5/7/2018)

Who are some of Cross Country Healthcare's key competitors?

Who are Cross Country Healthcare's key executives?

Cross Country Healthcare's management team includes the folowing people:
  • Mr. William J. Grubbs, CEO, Pres & Director (Age 60)
  • Mr. William J. Burns, Exec. VP & COO (Age 48)
  • Ms. Susan E. Ball, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Mr. Robert Murphy, Pres of Cross Country Healthcare Workforce Solutions (Age 59)
  • Mr. Christopher R. Pizzi, Sr. VP, CFO & Principal Accounting Officer (Age 47)

Has Cross Country Healthcare been receiving favorable news coverage?

News headlines about CCRN stock have trended somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cross Country Healthcare earned a daily sentiment score of 0.16 on Accern's scale. They also gave press coverage about the business services provider an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Cross Country Healthcare's major shareholders?

Cross Country Healthcare's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.74%), Dimensional Fund Advisors LP (4.79%), JPMorgan Chase & Co. (3.46%), Hawk Ridge Capital Management LP (2.14%), Eagle Boston Investment Management Inc. (2.01%) and Wells Fargo & Company MN (1.77%). Company insiders that own Cross Country Healthcare stock include Susan E Ball, Thomas C Dircks, Vickie Anenberg, W Larry Cash, William J Burns and William J Grubbs. View Institutional Ownership Trends for Cross Country Healthcare.

Which major investors are selling Cross Country Healthcare stock?

CCRN stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, JPMorgan Chase & Co., Hawk Ridge Capital Management LP, GSA Capital Partners LLP, Municipal Employees Retirement System of Michigan, Guggenheim Capital LLC, American International Group Inc. and Argent Capital Management LLC. Company insiders that have sold Cross Country Healthcare company stock in the last year include Susan E Ball and William J Grubbs. View Insider Buying and Selling for Cross Country Healthcare.

Which major investors are buying Cross Country Healthcare stock?

CCRN stock was bought by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Systematic Financial Management LP, Dimensional Fund Advisors LP, Sei Investments Co., Investment Management of Virginia LLC, Russell Investments Group Ltd., Boston Partners and Trexquant Investment LP. Company insiders that have bought Cross Country Healthcare stock in the last two years include Thomas C Dircks, W Larry Cash, William J Burns and William J Grubbs. View Insider Buying and Selling for Cross Country Healthcare.

How do I buy shares of Cross Country Healthcare?

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

What is Cross Country Healthcare's stock price today?

One share of CCRN stock can currently be purchased for approximately $12.08.

How big of a company is Cross Country Healthcare?

Cross Country Healthcare has a market capitalization of $451.72 million and generates $865.05 million in revenue each year. The business services provider earns $37.51 million in net income (profit) each year or $0.61 on an earnings per share basis. Cross Country Healthcare employs 1,800 workers across the globe.

How can I contact Cross Country Healthcare?

Cross Country Healthcare's mailing address is 5201 CONGRESS AVENUE SUITE 100B, BOCA RATON FL, 33487. The business services provider can be reached via phone at 561-998-2232 or via email at [email protected]


MarketBeat Community Rating for Cross Country Healthcare (CCRN)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  217 (Vote Underperform)
Total Votes:  535
MarketBeat's community ratings are surveys of what our community members think about Cross Country Healthcare and other stocks. Vote "Outperform" if you believe CCRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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