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Healthcare - Medical - Care Facilities - NASDAQ - US
$ 9.81
-2 %
$ 323 M
Market Cap
-196.2
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CCRN stock under the base case scenario is HIDDEN Compared to the current market price of 9.81 USD, Cross Country Healthcare, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CCRN

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FINANCIALS
2.02 B REVENUE
-28.04%
113 M OPERATING INCOME
-58.73%
72.6 M NET INCOME
-61.46%
248 M OPERATING CASH FLOW
85.38%
-13.8 M INVESTING CASH FLOW
68.60%
-221 M FINANCING CASH FLOW
-152.56%
315 M REVENUE
-7.26%
2.85 M OPERATING INCOME
121.90%
13.4 M NET INCOME
183.23%
7.47 M OPERATING CASH FLOW
-90.93%
-1.12 M INVESTING CASH FLOW
60.55%
-11.9 M FINANCING CASH FLOW
21.50%
Balance Sheet Decomposition Cross Country Healthcare, Inc.
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Current Assets 415 M
Cash & Short-Term Investments 17.1 M
Receivables 388 M
Other Current Assets 9.71 M
Non-Current Assets 264 M
Long-Term Investments 0
PP&E 29.9 M
Other Non-Current Assets 234 M
Current Liabilities 149 M
Accounts Payable 3.04 M
Short-Term Debt 5.21 M
Other Current Liabilities 140 M
Non-Current Liabilities 57.3 M
Long-Term Debt 2.66 M
Other Non-Current Liabilities 54.7 M
EFFICIENCY
Earnings Waterfall Cross Country Healthcare, Inc.
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Revenue 2.02 B
Cost Of Revenue 1.59 B
Gross Profit 432 M
Operating Expenses 338 M
Operating Income 113 M
Other Expenses 40.1 M
Net Income 72.6 M
RATIOS
21.39% GROSS MARGIN
21.39%
5.58% OPERATING MARGIN
5.58%
3.60% NET MARGIN
3.60%
15.34% ROE
15.34%
10.69% ROA
10.69%
16.71% ROIC
16.71%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cross Country Healthcare, Inc.
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Net Income 72.6 M
Depreciation & Amortization 18.3 M
Capital Expenditures -14 M
Stock-Based Compensation 6.58 M
Change in Working Capital 132 M
Others 24.8 M
Free Cash Flow 235 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cross Country Healthcare, Inc.
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Wall Street analysts predict an average 1-year price target for CCRN of $21 , with forecasts ranging from a low of $21 to a high of $21 .
CCRN Lowest Price Target Wall Street Target
21 USD 114.07%
CCRN Average Price Target Wall Street Target
21 USD 114.07%
CCRN Highest Price Target Wall Street Target
21 USD 114.07%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Cross Country Healthcare, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
609 K USD 4
6-9 MONTHS
174 K USD 2
9-12 MONTHS
807 K USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 02, 2024
Sell 33.5 K USD
Grieco Cynthia Ann
VP, Corporate Treasurer
- 1945
17.21 USD
3 months ago
Aug 02, 2024
Sell 236 K USD
Mote Karen
Pres., Cross Country Locums
- 13829
17.08 USD
5 months ago
May 30, 2024
Sell 202 K USD
Krug Marc S.
Group President, Delivery
- 13657
14.82 USD
5 months ago
May 23, 2024
Sell 137 K USD
Noe Phillip Lyn
Chief Information Officer
- 9646
14.19 USD
8 months ago
Mar 15, 2024
Sell 105 K USD
Mote Karen
Pres., Cross Country Locums
- 6216
16.95 USD
8 months ago
Feb 23, 2024
Sell 68.5 K USD
McDonald Colin Patrick
Chief Human Resources Officer
- 4000
17.115 USD
1 year ago
Feb 24, 2023
Sell 230 K USD
McDonald Colin Patrick
Chief Human Resources Officer
- 9000
25.6 USD
11 months ago
Nov 28, 2023
Sell 20.7 K USD
Grieco Cynthia Ann
VP, Corporate Treasurer
- 1000
20.7 USD
11 months ago
Nov 22, 2023
Sell 201 K USD
Ball Susan E
General Counsel and Secretary
- 9559
21.01 USD
11 months ago
Nov 21, 2023
Sell 321 K USD
Burns William J.
Chief Financial Officer
- 15000
21.39 USD
11 months ago
Nov 21, 2023
Sell 117 K USD
Ball Susan E
General Counsel and Secretary
- 5441
21.57 USD
11 months ago
Nov 21, 2023
Sell 147 K USD
Redd James V. III
Chief Accounting Officer
- 6843
21.54 USD
1 year ago
Nov 03, 2023
Sell 119 K USD
Krug Marc S.
Group President, Delivery
- 6000
19.91 USD
1 year ago
Nov 03, 2023
Sell 131 K USD
Grieco Cynthia Ann
VP, Corporate Treasurer
- 6370
20.6 USD
1 year ago
Nov 28, 2022
Sell 38.6 K USD
Grieco Cynthia Ann
VP, Corporate Treasurer
- 1071
36 USD
2 years ago
Oct 03, 2022
Sell 425 K USD
Burns William J.
Chief Financial Officer
- 14158
30 USD
2 years ago
Oct 03, 2022
Sell 481 K USD
Burns William J.
Chief Financial Officer
- 15525
31 USD
2 years ago
Oct 03, 2022
Sell 340 K USD
Burns William J.
Chief Financial Officer
- 10610
32 USD
2 years ago
Oct 03, 2022
Sell 447 K USD
Ball Susan E
General Counsel and Secretary
- 14901
30 USD
2 years ago
Sep 19, 2022
Sell 182 K USD
Burns William J.
Chief Financial Officer
- 6296
28.9 USD
2 years ago
Sep 19, 2022
Sell 244 K USD
Burns William J.
Chief Financial Officer
- 8409
29.05 USD
2 years ago
Sep 19, 2022
Sell 286 K USD
Ball Susan E
General Counsel and Secretary
- 9891
28.94 USD
2 years ago
Sep 19, 2022
Sell 441 K USD
Ball Susan E
General Counsel and Secretary
- 15230
28.94 USD
2 years ago
Sep 19, 2022
Sell 559 K USD
Ball Susan E
General Counsel and Secretary
- 19236
29.06 USD
2 years ago
Aug 30, 2022
Bought 38.4 K USD
CASH W LARRY
director:
+ 1500
25.6 USD
2 years ago
Aug 24, 2022
Bought 101 K USD
Martins John Anthony
President, CEO
+ 4000
25.24 USD
2 years ago
Mar 07, 2022
Sell 205 K USD
Burns William J.
Chief Financial Officer
- 10000
20.54 USD
2 years ago
Mar 07, 2022
Sell 362 K USD
Ball Susan E
General Counsel and Secretary
- 17458
20.72 USD
3 years ago
Aug 17, 2021
Sell 201 K USD
Burns William J.
Chief Financial Officer
- 10100
19.91 USD
3 years ago
Aug 16, 2021
Sell 332 K USD
TRUNFIO JOSEPH
Director
- 17000
19.52 USD
3 years ago
Jun 14, 2021
Sell 694 K USD
TRUNFIO JOSEPH
Director
- 40000
17.34 USD
3 years ago
Aug 06, 2021
Sell 128 K USD
McDonald Colin Patrick
SVP, Human Resources
- 6378
20.14 USD
3 years ago
Aug 06, 2021
Sell 658 K USD
TRUNFIO JOSEPH
Director
- 33162
19.83 USD
3 years ago
Jun 10, 2021
Sell 199 K USD
Addis Daniele
SVP, Business Services
- 11862
16.77 USD
3 years ago
Jun 11, 2021
Sell 283 K USD
Addis Daniele
SVP, Business Services
- 16708
16.94 USD
3 years ago
Jun 11, 2021
Sell 1.02 M USD
TRUNFIO JOSEPH
Director
- 60000
17.03 USD
4 years ago
Aug 31, 2020
Bought 57.2 K USD
Clark Kevin Cronin
President, CEO
+ 9101
6.29 USD
4 years ago
Aug 28, 2020
Bought 14.9 K USD
Clark Kevin Cronin
President, CEO
+ 2389
6.22 USD
4 years ago
Aug 13, 2020
Bought 33 K USD
CASH W LARRY
Director
+ 5000
6.61 USD
4 years ago
Jun 15, 2020
Bought 27.1 K USD
Clark Kevin Cronin
President, CEO
+ 4713
5.74 USD
4 years ago
Jun 15, 2020
Bought 11.5 K USD
Saville Stephen Alexis
Vice President of Operations
+ 2000
5.74 USD
4 years ago
May 22, 2020
Bought 24.6 K USD
Clark Kevin Cronin
President, CEO
+ 4112
5.99 USD
4 years ago
May 21, 2020
Bought 99.2 K USD
TRUNFIO JOSEPH
Director
+ 16000
6.2 USD
4 years ago
May 19, 2020
Bought 2.25 K USD
White Buffy S
See Remark
+ 375
5.99 USD
4 years ago
May 19, 2020
Bought 29.9 K USD
Clark Kevin Cronin
President, CEO
+ 5083
5.89 USD
4 years ago
May 19, 2020
Bought 23.3 K USD
Clark Kevin Cronin
President, CEO
+ 3961
5.88 USD
4 years ago
May 15, 2020
Bought 51.5 K USD
Freeman Darrell S Sr
Director
+ 10000
5.15 USD
4 years ago
May 15, 2020
Bought 24.8 K USD
Ball Susan E
General Counsel & Secretary
+ 4800
5.16 USD
4 years ago
May 14, 2020
Bought 14.1 K USD
Burns William J.
Chief Financial Officer
+ 3000
4.69 USD
4 years ago
May 14, 2020
Bought 36.7 K USD
CASH W LARRY
Director
+ 8000
4.59 USD
4 years ago
May 14, 2020
Bought 50 K USD
DIRCKS THOMAS C
Director
+ 10712
4.67 USD
4 years ago
May 14, 2020
Bought 107 K USD
Clark Kevin Cronin
President, CEO
+ 23147
4.62 USD
4 years ago
Mar 13, 2020
Bought 6.91 K USD
Burns William J.
Chief Financial Officer
+ 1000
6.91 USD
4 years ago
Mar 11, 2020
Bought 38.2 K USD
CASH W LARRY
Director
+ 5000
7.65 USD
4 years ago
Mar 10, 2020
Bought 32.3 K USD
DIRCKS THOMAS C
Director
+ 4293
7.52 USD
4 years ago
Mar 10, 2020
Bought 3.34 K USD
Clark Kevin Cronin
President, CEO
+ 400
8.35 USD
4 years ago
Mar 10, 2020
Bought 170 K USD
Clark Kevin Cronin
President, CEO
+ 22201
7.65 USD
5 years ago
Nov 11, 2019
Sell 104 K USD
Pizzi Christopher R
SVP & Chief Accounting Officer
- 8379
12.45 USD
5 years ago
Nov 07, 2019
Bought 62 K USD
CASH W LARRY
Director
+ 5000
12.39 USD
5 years ago
Nov 07, 2019
Sell 309 K USD
MASTALER RICHARD M
Director
- 25000
12.35 USD
5 years ago
Jun 14, 2019
Bought 66.6 K USD
Clark Kevin Cronin
President, CEO
+ 8330
8 USD
6 years ago
Nov 13, 2018
Bought 2.06 K USD
White Buffy S
Pres. - Travel Nurse & Allied
+ 250
8.25 USD
6 years ago
Sep 07, 2018
Bought 950 USD
White Buffy S
Pres. - Travel Nurse & Allied
+ 100
9.5 USD
6 years ago
Aug 16, 2018
Bought 4.62 K USD
White Buffy S
President, Travel Division
+ 500
9.25 USD
6 years ago
Aug 10, 2018
Bought 100 K USD
TRUNFIO JOSEPH
Director
+ 10650
9.43 USD
6 years ago
Aug 09, 2018
Bought 49.1 K USD
Ball Susan E
General Counsel & Secretary
+ 5091
9.65 USD
6 years ago
Aug 08, 2018
Bought 99.8 K USD
DIRCKS THOMAS C
Director
+ 11000
9.07 USD
6 years ago
Aug 08, 2018
Bought 89.3 K USD
Grubbs William J
President and CEO
+ 10000
8.93 USD
6 years ago
May 10, 2018
Bought 29.8 K USD
Burns William J.
Chief Operating Officer
+ 2500
11.92 USD
6 years ago
May 07, 2018
Bought 55.7 K USD
CASH W LARRY
Director
+ 5000
11.14 USD
7 years ago
Nov 06, 2017
Bought 118 K USD
DIRCKS THOMAS C
Director
+ 10000
11.7665 USD
6 years ago
Mar 06, 2018
Sell 115 K USD
Ducham Frederick Dennis
President
- 10000
11.5097 USD
6 years ago
Mar 05, 2018
Bought 56.2 K USD
CASH W LARRY
Director
+ 5000
11.23 USD
6 years ago
Mar 05, 2018
Bought 112 K USD
Grubbs William J
President and CEO
+ 10000
11.18 USD
6 years ago
Dec 08, 2017
Sell 355 K USD
Ball Susan E
General Counsel & Secretary
- 25000
14.1945 USD
7 years ago
Nov 06, 2017
Bought 118 K USD
DIRCKS THOMAS C
Director
+ 10000
11.7665 USD
7 years ago
Aug 22, 2017
Sell 209 K USD
Grubbs William J
President and CEO
- 17009
12.26 USD
7 years ago
Aug 23, 2017
Sell 165 K USD
Grubbs William J
President and CEO
- 13617
12.1 USD
7 years ago
Aug 24, 2017
Sell 224 K USD
Grubbs William J
President and CEO
- 18487
12.1 USD
8 years ago
Nov 17, 2016
Sell 253 K USD
ANENBERG VICKIE
Pres., Cross Country Staffing
- 17000
14.91 USD
8 years ago
Nov 18, 2016
Sell 356 K USD
ANENBERG VICKIE
Pres., Cross Country Staffing
- 23882
14.92 USD
8 years ago
Nov 16, 2016
Sell 72.2 K USD
ANENBERG VICKIE
Pres., Cross Country Staffing
- 4800
15.04 USD
8 years ago
Aug 17, 2016
Bought 107 K USD
DIRCKS THOMAS C
Director
+ 10000
10.7477 USD
8 years ago
Aug 12, 2016
Bought 36.7 K USD
CASH W LARRY
Director
+ 3000
12.22 USD
8 years ago
Aug 10, 2016
Bought 12 K USD
Burns William J.
Chief Financial Officer
+ 1000
12.04 USD
8 years ago
Aug 10, 2016
Bought 120 K USD
Grubbs William J
President and CEO
+ 10000
12.03 USD
8 years ago
Jun 13, 2016
Sell 98.5 K USD
Dean Deborah A.
SVP of Sales and Marketing
- 6868
14.34 USD
7. News
Cross Country's Susan E. Ball Recognized on SIA's Global Power 150 Women in Staffing BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a leader in workforce solutions and tech-driven staffing, recruitment, and advisory services, proudly announces that Susan E. Ball, Executive Vice President, Chief Administrative Officer, and General Counsel, has been named to Staffing Industry Analysts' (SIA) prestigious Global Power 150 Women in Staffing List for 2024. This annual list celebrates 150 women worldwide—including 100 from the Americas—who drive significan. businesswire.com - 3 days ago
Cross Country Healthcare, Inc. (CCRN) Q3 2024 Earnings Call Transcript Cross Country Healthcare, Inc. (CCRN) Q3 2024 Earnings Call Transcript seekingalpha.com - 1 week ago
Cross Country (CCRN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates The headline numbers for Cross Country (CCRN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 week ago
Cross Country Healthcare (CCRN) Surpasses Q3 Earnings and Revenue Estimates Cross Country Healthcare (CCRN) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.39 per share a year ago. zacks.com - 1 week ago
Cross Country Healthcare Announces Third Quarter 2024 Financial Results BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the Company) (Nasdaq: CCRN) today announced financial results for its third quarter ended September 30, 2024. SELECTED FINANCIAL INFORMATION:       Variance Variance       Q3 2024 vs Q3 2024 vs Dollars are in thousands, except per share amounts Q3 2024 Q3 2023 Q2 2024 Revenue $ 315,119     (29 )%   (7 )% Gross profit margin*   20.4 %   (160 )bps   (40 )bps Net income attributable to common stockholders $ 2,555     (80 )%   116 %. businesswire.com - 1 week ago
Cross Country Healthcare to Hold Third Quarter 2024 Earnings Conference Call on Wednesday, November 6, 2024 BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its third quarter 2024 financial results on Wednesday, November 6, 2024 at 5:00 p.m. Eastern Time. Cross Country Healthcare, Inc. (the “Company”) intends to distribute its earnings press release after market close on Wednesday, November 6, 2024. This call will be webcast live and can be accessed at the Company's website at ir.crosscountry.com or by dialing 888-566-. businesswire.com - 4 weeks ago
Cross Country Named Most Loved Workplace® for Wellness by Newsweek BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN) is proud to announce its inclusion in the 2024 Most Loved Workplaces® for Wellness by Newsweek. businesswire.com - 1 month ago
Cross Country Healthcare: The Strong Balance Sheet Provides A Sufficient Margin Of Safety Healthcare staffing companies saw a massive increase in revenues and profits following the Covid-19 pandemic. In the past year, that trend has reversed as hospitals shore up their staffing needs. CCRN stock is down almost 50% in 2024 as a result. CCRN has a strong balance sheet and a market cap so low that it trades below book value. seekingalpha.com - 1 month ago
Is the Options Market Predicting a Spike in Cross Country Healthcare (CCRN) Stock? Investors need to pay close attention to Cross Country Healthcare (CCRN) stock based on the movements in the options market lately. zacks.com - 1 month ago
Cross Country CEO Recognized Among Most Loved Workplace Leaders by Newsweek BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a leading provider of workforce solutions and tech-enabled staffing, recruitment, and advisory services, proudly announces that its CEO, John A. Martins, has been named to Newsweek's Most Loved Workplaces CEO list for 2024. This accolade, awarded in collaboration with the Best Practice Institute (BPI), recognizes CEOs who have fostered exceptional workplace cultures where employees feel valued, inspired, and appreciated. businesswire.com - 1 month ago
Cross Country Named Most Loved Workplace® for 2024 BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare (NASDAQ: CCRN), a leading provider of workforce solutions and tech-enabled staffing, recruitment, and advisory services, is proud to announce that it has been certified as a Most Loved Workplace® for 2024. This certification, granted by the Best Practice Institute (BPI), underscores Cross Country's commitment to fostering a workplace where employees feel valued, inspired, and appreciated. “We are immensely proud to be recognized as a M. businesswire.com - 2 months ago
Cross Country Healthcare to Attend the Morgan Stanley 22nd Annual Global Healthcare Conference and the 17th Annual Barrington Research Virtual Fall Investment Conference BOCA RATON, Fla.--(BUSINESS WIRE)--Cross Country Healthcare, Inc. (the “Company”) (Nasdaq: CCRN) announced today that it is scheduled to participate in two upcoming conferences: The Morgan Stanley 22nd Annual Global Healthcare Conference taking place September 4-6, 2024 at the Marriott Marquis in New York City. John Martins, President & Chief Executive Officer and Josh Vogel, Vice President, Investor Relations, will participate in one-on-one investor meetings on Thursday, September 5. No fo. businesswire.com - 2 months ago
8. Profile Summary

Cross Country Healthcare, Inc. CCRN

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COUNTRY US
INDUSTRY Medical - Care Facilities
MARKET CAP $ 323 M
Dividend Yield 0.00%
Description 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.
Contact 6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, 33487 https://www.crosscountryhealthcare.com
IPO Date Oct. 25, 2001
Employees 13131
Officers Ms. Susan E. Ball J.D., M.B.A., R.N. Chief Administrative Officer, Executive Vice President, General Counsel & Secretary Karen Varga-Sinka Director of Corporate Communications Mr. Kevin Cronin Clark Co-Founder & Non-Executive Chairman of the Board Mr. Marc S. Krug J.D., M.B.A. Group President of Delivery Mr. Gerald Purgay Chief Marketing Officer Mr. Phillip Lyn Noe Chief Information Officer Mr. William J. Burns CPA, M.B.A. Executive Vice President & Chief Financial Officer Mr. James V. Redd III, CPA, M.B.A. Senior Vice President & Chief Accounting Officer Mr. John A. Martins President, Chief Executive Officer & Director Mr. Joshua David Vogel Vice President of Investor Relations