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NASDAQ:CCRNCross Country Healthcare Stock Price, Forecast & News

$5.97
-0.53 (-8.15 %)
(As of 05/25/2020 03:33 PM ET)
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Today's Range
$5.94
Now: $5.97
$6.50
50-Day Range
$4.75
MA: $6.18
$7.37
52-Week Range
$4.50
Now: $5.97
$13.42
Volume301,743 shs
Average Volume414,096 shs
Market Capitalization$223.64 million
P/E RatioN/A
Dividend YieldN/A
Beta0.99
Cross 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 and non-acute care hospitals, government 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.33 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$822.22 million
Cash Flow$0.54 per share
Book Value$4.43 per share

Profitability

Net Income$-57,710,000.00

Miscellaneous

Employees1,700
Market Cap$223.64 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Cross Country Healthcare (NASDAQ:CCRN) Frequently Asked Questions

How has Cross Country Healthcare's stock been impacted by COVID-19 (Coronavirus)?

Cross Country Healthcare's stock was trading at $7.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CCRN stock has decreased by 23.9% and is now trading at $5.97. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cross Country Healthcare?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cross Country Healthcare in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cross Country Healthcare.

When is Cross Country Healthcare's next earnings date?

Cross Country Healthcare is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Cross Country Healthcare.

How were Cross Country Healthcare's earnings last quarter?

Cross Country Healthcare, Inc. (NASDAQ:CCRN) announced its earnings results on Thursday, May, 7th. The business services provider reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.01. The business services provider earned $210.06 million during the quarter, compared to analyst estimates of $210.01 million. Cross Country Healthcare had a negative net margin of 6.93% and a positive return on equity of 2.80%. The firm's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.02 earnings per share. View Cross Country Healthcare's earnings history.

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

Cross Country Healthcare updated its first quarter earnings guidance on Wednesday, March, 4th. The company provided earnings per share guidance of ($0.03) to flat for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $207-212 million, compared to the consensus revenue estimate of $207.32 million.

What price target have analysts set for CCRN?

3 brokers have issued 1-year price targets for Cross Country Healthcare's stock. Their forecasts range from $7.00 to $9.00. On average, they anticipate Cross Country Healthcare's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 34.0% from the stock's current price. View analysts' price targets for Cross Country Healthcare.

Has Cross Country Healthcare been receiving favorable news coverage?

Press coverage about CCRN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cross Country Healthcare earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCross Country Healthcare.

Are investors shorting Cross Country Healthcare?

Cross Country Healthcare saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,210,000 shares, an increase of 22.3% from the April 30th total of 989,400 shares. Based on an average daily trading volume, of 310,600 shares, the days-to-cover ratio is presently 3.9 days. Currently, 3.5% of the company's stock are sold short. View Cross Country Healthcare's Current Options Chain.

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

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 LP Unit (ET), Enphase Energy (ENPH), QUALCOMM (QCOM), Walt Disney (DIS), EXACT Sciences (EXAS), Ford Motor (F), Mastercard (MA), Square (SQ) and AT&T (T).

Who are Cross Country Healthcare's key executives?

Cross Country Healthcare's management team includes the following people:
  • Mr. William J. Burns, Exec. VP & CFO (Age 49)
  • Mr. Christopher R. Pizzi, Chief Accounting Officer (Age 48)
  • Ms. Susan E. Ball, Exec. VP, Gen. Counsel & Sec. (Age 55)
  • Ms. Buffy Stultz White, Pres of Travel Nurse & Allied and Workforce Solutions (Age 45)
  • Mr. Kevin Cronin Clark, Pres, CEO & Director (Age 58)

What is Cross Country Healthcare's stock symbol?

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

Who are Cross Country Healthcare's major shareholders?

Cross Country Healthcare's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.32%), Aristotle Capital Boston LLC (6.99%), Systematic Financial Management LP (5.56%), JPMorgan Chase & Co. (4.77%), State Street Corp (3.22%) and Deutsche Bank AG (1.74%). Company insiders that own Cross Country Healthcare stock include Buffy S White, Christopher R Pizzi, Joseph Trunfio, Kevin Cronin Clark, Susan E Ball, Thomas C Dircks, 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 BlackRock Inc., State Street Corp, Morgan Stanley, Aristotle Capital Boston LLC, Deutsche Bank AG, Mackay Shields LLC, Wells Fargo & Company MN, and Engineers Gate Manager LP. View insider buying and selling activity for Cross Country Healthcare.

Which major investors are buying Cross Country Healthcare stock?

CCRN stock was purchased by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, JPMorgan Chase & Co., Balyasny Asset Management LLC, Cadence Capital Management LLC, Acadian Asset Management LLC, Parametric Portfolio Associates LLC, Nuveen Asset Management LLC, and Essex Investment Management Co. LLC. Company insiders that have bought Cross Country Healthcare stock in the last two years include Buffy S White, Joseph Trunfio, Kevin Cronin Clark, Susan E Ball, Thomas C Dircks, W Larry Cash, William J Burns, and William J Grubbs. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Cross Country Healthcare's stock price today?

One share of CCRN stock can currently be purchased for approximately $5.97.

How big of a company is Cross Country Healthcare?

Cross Country Healthcare has a market capitalization of $223.64 million and generates $822.22 million in revenue each year. The business services provider earns $-57,710,000.00 in net income (profit) each year or $0.15 on an earnings per share basis. Cross Country Healthcare employs 1,700 workers across the globe.

What is Cross Country Healthcare's official website?

The official website for Cross Country Healthcare is www.crosscountryhealthcare.com.

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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