Cross Country Healthcare, Inc.

Cross Country Healthcare, Inc.

CCRNยทNASDAQ

$13.12

+0.23%
HealthcareMedical - Care Facilities

Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, local nurses, and allied staffing; 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, RPO, and consulting services. It also provides retained search services for healthcare professionals, as well as contingent search and recruitment process outsourcing services. This segment 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. The Physician Staffing segment provides physicians in various specialties, certified registered nurse anesthetists, nurse practitioners, and physician assistants under the Cross Country Locums 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 company was founded in 1986 and is headquartered in Boca Raton, Florida.

At a Glance

Live Snapshot
Market Cap$424.21M
EPS-2.9300
P/E Ratio-4.48
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -4.5).

Valuation inputs: P/E -4.5, earnings yield N/A, momentum +0.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -29.4%, ROIC -0.9%).

Profitability stack: net margin -9.0%, ROE -29.4%, ROIC -0.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +28.1%, momentum +0.2%, net margin -9.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Cross Country Healthcare, Inc. Market vs Earnings Trajectory

CCRN ยท NASDAQ

Loading price and EPS data...

Cross Country Healthcare, Inc.

Cross Country Healthcare, Inc. Fair Value Envelope

CCRN ยท NASDAQ

Our analysis suggests that CCRN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $13.12, this represents a potential HIDDEN relative to our calculated worth for Cross Country Healthcare, Inc..

Intrinsic Value
Current Price: $13.12
3Y-158.0%
5Y+762.0%
10Y-1272.0%
3Y-62.0%
5Y+26.0%
10Y+26.0%
3Y-151.0%
5Y+632.0%
10Y-1291.0%
3Y-64.0%
5Y+77.0%
10Y+60.0%
3Y-68.0%
5Y+77.0%
10Y+70.0%
3Y-53.0%
5Y+26.0%
10Y+16.0%
Cross Country Healthcare, Inc.

Cross Country Healthcare, Inc. Profit Bridge

CCRN ยท NASDAQ
Revenue1.05B
Cost of Goods Sold (857.52M)
Gross Profit196.78M
Operating Expenses (200.24M)
Operating Income-3.46M
Interest Expense (2.22M)
Other Income/Expense-80.05M
Pretax Income-83.51M
Income Tax (11.34M)
Net Income-94.85M
Net Income
-94.85M

Profitability Analysis

Gross Margin

18.7%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-0.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-9.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

18.66%
Gross Profit Margin
-9%
3Y-16.0%
5Y-23.0%
10Y-30.0%
-0.33%
Operating Profit Margin
-74%
3Y-103.0%
5Y-70.0%
10Y-144.0%
-9.00%
Net Profit Margin
731%
3Y-236.0%
5Y+481.0%
10Y-1041.0%
-29.38%
Return on Equity
746%
3Y-172.0%
5Y+250.0%
10Y-658.0%
-21.13%
Return on Assets
755%
3Y-208.0%
5Y+482.0%
10Y-1130.0%
-0.93%
Return on Invested Capital
-71%
3Y-103.0%
5Y-72.0%
10Y-123.0%
CCRN

Cross Country Healthcare, Inc. Cash Conversion Engine

CCRN ยท NASDAQ
Net Income0.00
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital30.46M
Others17.79M
Capital Expenditures-8.16M
Free Cash Flow40.09M

Cash Flow Quality Analysis

CapEx Intensity

16.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-64.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$30.46M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

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Cross Country Healthcare, Inc. Funding & Solvency Profile

CCRN ยท NASDAQ
Cash & Cash Equivalents105.58M
Net Receivables176.64M
Inventory0.00
Other Current Assets16.07M
Total Current Assets298 M
Property, Plant & Equipment29.09M
Goodwill & Intangible Assets89.57M
Long-Term Investments0.00
Other Non-Current Assets34.11M
Total Non-Current Assets63 M
Total Assets
451.07M

Financial Health Analysis

Current Ratio

3.29x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.44x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

208 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

66% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Cross Country Healthcare, Inc. Street Expectations Map

CCRN ยท NASDAQ

Wall Street analysts project that CCRN stock may decline over the coming 12 months. The consensus 1-year price target stands at 10.61, with estimates ranging from a low of 8.65 to a high of 14.00.

Lowest Target
8.65
-34.07%
Consensus Target
10.61
-19.13%
Highest Target
14.00
6.71%

The consensus 1-year price target stands at 10.61, with estimates ranging from a low of 8.65 to a high of 14.00.

Analyst Consensus Analysis

Upside Potential

-19.1%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

50.4% spread

Mixed analyst views. Wide target range suggests differing opinions on key value drivers, growth prospects, or risk factors.

Risk-Reward Profile

0.20x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Cross Country Healthcare, Inc. Insider Positioning

CCRN ยท NASDAQ

During the last 12 months, insiders have purchased $39K and sold $60K worth of CCRN shares, resulting in $21K of net selling activity.

3 Months

Bought

0

0.00

Sold

6.2K

60.15K

Net Activity

-60K

-$60K

3-6 Months

Bought

4.8K

39.21K

Sold

0

0.00

Net Activity

+39K

+$39K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
CWL

Cash W Larry

Director

4.8K sharesโ€ข1 transactions

$39K

Top Sellers

1
MCP

Mcdonald Colin Patrick

Officer: Chief Human Resources Officer

6.2K sharesโ€ข1 transactions

$60K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Slightly bearish with $21K net selling. Selling modestly exceeds buying, which could be routine diversification rather than concern.

Buy/Sell Ratio

0.65:1

Moderately negative ratio. Selling is roughly double the buying, which may be routine or signal caution.

Recent Trend (3 Months)

$60K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.

No Dividend Yield Data

CCRN has not reported any dividend yield values in the available annual periods.

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ccrn Dividend History

CCRN
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%