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 analysts have issued 12 month price objectives for Cross Country Healthcare's shares. Their CCRN share price targets range from $16.00 to $26.00. On average, they anticipate the company's share price to reach $21.67 in the next year. This suggests a possible upside of 24.4% 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 stock has decreased by 23.1% and is now trading at $17.41. 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, May 1st 2024. View our CCRN earnings forecast .

How can I listen to Cross Country Healthcare's earnings call?

Cross Country Healthcare will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3354 with passcode "5204".

How were Cross Country Healthcare's earnings last quarter?

Cross Country Healthcare, Inc. (NASDAQ:CCRN) issued its quarterly earnings data on Wednesday, February, 21st. The business services provider reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The business services provider earned $414.04 million during the quarter, compared to the consensus estimate of $404.42 million. Cross Country Healthcare had a net margin of 3.60% and a trailing twelve-month return on equity of 16.93%. Cross Country Healthcare's revenue for the quarter was down 34.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 earnings per share.

What ETFs hold Cross Country Healthcare's stock?

ETFs with the largest weight of Cross Country Healthcare (NASDAQ:CCRN) stock in their portfolio include SPDR S&P Health Care Services ETF (XHS) , ETC 6 Meridian Small Cap Equity ETF (SIXS) , Roundhill Acquirers Deep Value ETF (DEEP) and Pacer US Small Cap Cash Cows 100 ETF (CALF) . Hartford Multifactor Small Cap ETF (ROSC) .

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

Cross Country Healthcare issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 0.150-0.250 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $370.0 million-$380.0 million, compared to the consensus revenue estimate of $399.0 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%), Allspring Global Investments Holdings LLC (0.03%) and Denali Advisors LLC (0.02%). 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 .

NASDAQ:CCRN

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

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Free CCRN Stock Alerts

$17.44

+0.31 (+1.81%)

(As of 02:52 PM ET)

Compare

Today's Range: $17.06
▼
$17.49
50-Day Range: $16.86
▼
$21.25
52-Week Range: $15.65
▼
$28.75

Volume: 89,113 shs
Average Volume: 457,581 shs
Market Capitalization: $604.82 million

P/E Ratio: 8.59
Dividend Yield: N/A
Price Target: $21.67

Get Cross Country Healthcare alerts:

Cross Country Healthcare MarketRank™ Stock Analysis

Analyst Rating: Hold
2.38 Rating Score
Upside/Downside: 24.4% Upside
$21.67 Price Target
Short Interest: Bearish
15.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.23
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Selling Shares
$105,361 Sold Last Quarter
Proj. Earnings Growth: 34.04%
From $0.94 to $1.26 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.

3.96 out of 5 stars

Business Services Sector

35th out of 304 stocks

Help Supply Services Industry

3rd out of 16 stocks

2.2

Analyst's Opinion

Consensus Rating
Cross Country Healthcare has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cross Country Healthcare has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
15.71% 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 10.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Cross Country Healthcare has recently decreased by 2.66%, indicating that investor sentiment is improving.

0.0

Dividend Strength

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.

4.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cross Country Healthcare has received a 63.58% net impact score from Upright. Cross Country Healthcare seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Physical diseases". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Temporary employment agency services for healthcare industry", "Recruiter finding services", and "Temporary staffing platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for Cross Country Healthcare is -0.23.

2.0

News and Social Media Coverage

News Sentiment
Cross Country Healthcare has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
MarketBeat Follows
3 people have added Cross Country Healthcare to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cross Country Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $105,361.00 in 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cross Country Healthcare are expected to grow by 34.04% in the coming year, from $0.94 to $1.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cross Country Healthcare is 8.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cross Country Healthcare is 8.58, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 31.03.
Price to Earnings Growth Ratio
Cross Country Healthcare has a PEG Ratio of 1.79. 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 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CCRN Stock News Headlines

March 19, 2024 | insidertrades.com

Cross Country Healthcare, Inc. (NASDAQ:CCRN) Insider Sells $105,361.20 in Stock

April 12, 2024 | americanbankingnews.com

Cross Country Healthcare, Inc. (NASDAQ:CCRN) Given Consensus Rating of "Hold" by Analysts

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April 10, 2024 | businesswire.com

Cross Country Healthcare to Hold First Quarter 2024 Earnings Conference Call on Wednesday, May 1, 2024

April 4, 2024 | msn.com

World Cross Country champion Jacob Kiplimo survives serious car crash in Uganda

April 3, 2024 | msn.com

East Kilbride athlete claims British Masters Cross Country crown

April 2, 2024 | msn.com

World Athletics Cross Country task well executed, says Njia

March 31, 2024 | msn.com

Cambuslang Harriers make club history at Cross Country Championships

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March 30, 2024 | msn.com

World Athletics Cross Country Championships 2024: Great Britain win mixed relay bronze in Belgrade

March 30, 2024 | msn.com

Irish athletes produce some standout runs in gruelling World Cross Country Championships

March 30, 2024 | msn.com

World Cross Country Championships: Disturbing Image Of US Soldier Emmanuel Bor’s Shoes Showcases Harsh Reality Of Sport

March 30, 2024 | msn.com

Uganda ready for 2024 World Athletics Cross Country Championships

March 28, 2024 | msn.com

Anna Gardiner and Séamus Robinson go for glory at World Cross Country Championships in Belgrade

March 28, 2024 | bbc.co.uk

World Cross Country Championships 2024: How to watch on the BBC, schedule & GB squad

March 28, 2024 | msn.com

Watch World Cross Country Championships 2024 live on BBC

March 25, 2024 | bbc.co.uk

Total Sport - North East - Gateshead Harrier Calum Johnson chats about making the British team for the World Cross Country Championship - BBC Sounds

March 17, 2024 | msn.com

Amazing Work: 2024 Volvo V60 Cross Country

March 17, 2024 | msn.com

From Challenges to Triumph: The Journey of Cross Country Moving Company

March 16, 2024 | finance.yahoo.com

CCRN Apr 2024 17.500 call

March 15, 2024 | msn.com

Cheltenham Festival 2024 today's races: Cross Country Chase cancelled due to waterlogged ground after downpour

March 13, 2024 | uk.sports.yahoo.com

How Warrington runners fared in the Inter County Cross Country Championships

March 13, 2024 | msn.com

Karabo Mailula gears up for the World Cross Country Champs in Serbia

March 13, 2024 | bbc.com

Cheltenham Festival 2024: Cross Country Chase abandoned

March 13, 2024 | msn.com

Cheltenham Festival 2024: Cross Country Chase abandoned on Day 2 as Nicky Henderson withdraws number of horses

March 11, 2024 | msn.com

Ireland name team of eight for World Cross Country Championships

February 27, 2024 | markets.businessinsider.com

Analysts Offer Insights on Healthcare Companies: Cross Country Healthcare (CCRN) and Viking Therapeutics (VKTX)

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Help supply services
Sub-Industry: Health Care Services
Current Symbol: NASDAQ:CCRN
CUSIP: 22748310
CIK: 1141103
Web: www.crosscountryhealthcare.com
Phone: (561) 998-2232
Fax: 302-636-5454
Employees: 10,831
Year Founded: 1996

Price Target and Rating

Average Stock Price Target: $21.67
High Stock Price Target: $26.00
Low Stock Price Target: $16.00
Potential Upside/Downside: +24.4%
Consensus Rating: Hold
Rating Score (0-4): 2.38
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.03
Trailing P/E Ratio: 8.58
Forward P/E Ratio: 18.52
P/E Growth: 1.79
Net Income: $72.63 million
Net Margins: 3.60%
Pretax Margin: 5.09%
Return on Equity: 16.93%
Return on Assets: 10.26%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.79
Quick Ratio: 2.79

Sales & Book Value

Annual Sales: $2.02 billion
Price / Sales: 0.30
Cash Flow: $2.85 per share
Price / Cash Flow: 6.10
Book Value: $13.47 per share
Price / Book: 1.29

Miscellaneous

Outstanding Shares: 34,680,000
Free Float: 32,978,000
Market Cap: $603.78 million
Optionable: Optionable
Beta: 0.75

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Key Executives

Mr. Kevin Cronin Clark (Age 63)
Co-Founder & Non-Executive Chairman of the Board
Comp: $160k
Mr. John A. Martins (Age 56)
President, CEO & Director
Comp: $1.11M
Ms. Susan E. Ball J.D. (Age 60)
M.B.A., R.N., Chief Administrative Officer, Executive VP, General Counsel & Secretary
Comp: $601.25k
Mr. Marc S. Krug J.D. (Age 55)
M.B.A., Group President of Delivery
Comp: $570.73k
Mr. Phillip Lyn Noe (Age 52)
Chief Information Officer
Mr. Joshua David Vogel
Vice President of Investor Relations
Karen Varga-Sinka
Director of Corporate Communications
Mr. Gerald Purgay (Age 62)
Chief Marketing Officer
Mr. Mark Fortunato
Vice President of Corporate Development
Mr. Colin Patrick McDonald M.S. (Age 56)
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 analysts have issued 12 month price objectives for Cross Country Healthcare's shares. Their CCRN share price targets range from $16.00 to $26.00. On average, they anticipate the company's share price to reach $21.67 in the next year. This suggests a possible upside of 24.4% 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 stock has decreased by 23.1% and is now trading at $17.41.
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, May 1st 2024.
View our CCRN earnings forecast.
How can I listen to Cross Country Healthcare's earnings call?: Cross Country Healthcare will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3354 with passcode "5204".
How were Cross Country Healthcare's earnings last quarter?: Cross Country Healthcare, Inc. (NASDAQ:CCRN) issued its quarterly earnings data on Wednesday, February, 21st. The business services provider reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The business services provider earned $414.04 million during the quarter, compared to the consensus estimate of $404.42 million. Cross Country Healthcare had a net margin of 3.60% and a trailing twelve-month return on equity of 16.93%. Cross Country Healthcare's revenue for the quarter was down 34.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 earnings per share.

What ETFs hold Cross Country Healthcare's stock?: ETFs with the largest weight of Cross Country Healthcare (NASDAQ:CCRN) stock in their portfolio include SPDR S&P Health Care Services ETF (XHS), ETC 6 Meridian Small Cap Equity ETF (SIXS), Roundhill Acquirers Deep Value ETF (DEEP) and Pacer US Small Cap Cash Cows 100 ETF (CALF).Hartford Multifactor Small Cap ETF (ROSC).
What guidance has Cross Country Healthcare issued on next quarter's earnings?: Cross Country Healthcare issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 0.150-0.250 for the period, compared to the consensus earnings per share estimate of 0.300. The company issued revenue guidance of $370.0 million-$380.0 million, compared to the consensus revenue estimate of $399.0 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%), Allspring Global Investments Holdings LLC (0.03%) and Denali Advisors LLC (0.02%). 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 4/19/2024 by MarketBeat.com Staff

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

Cross Country Healthcare MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cross Country Healthcare Stock (NASDAQ:CCRN)

CCRN Stock Price History

CCRN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CCRN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™