Cross Country HealthcareCCRN
CCRN
About: Cross Country Healthcare Inc is a provider of total talent management services, including strategic workforce solutions, contingent staffing, permanent placement, and consultative services for healthcare customers. The company operates in two business segments: the nurse and allied staffing segment, which generates a vast majority of revenue, offers temporary and permanent placements of travel and local nurses and allied professionals, and other outsourcing services.: the Physician Staffing segment provides licensed practitioners across a broad array of specialties, as well as certified registered nurse anesthetists (CRNAs), nurse practitioners (NPs), and physician assistants (PAs) on temporary assignments. The company earns majority of its revenue from the United States.
Employees: 2,300
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $239K | Put options by funds: $153K
21% more capital invested
Capital invested by funds: $470M [Q3] → $570M (+$100M) [Q4]
5.45% less ownership
Funds ownership: 102.71% [Q3] → 97.26% (-5.45%) [Q4]
6% less funds holding
Funds holding: 179 [Q3] → 168 (-11) [Q4]
14% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 56
40% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 65
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$18.61
3%
upside
Avg. target
$18.61
3%
upside
High target
$18.61
3%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Truist Securities Tobey Sommer 31% 1-year accuracy 15 / 49 met price target | 3%upside $18.61 | Hold Maintained | 5 Dec 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
2 days ago
3 Staffing Stocks to Consider Despite Industry Challenges
The Zacks Staffing Firms industry is hindered by the manufacturing sector's economic downturn. However, HSII, CCRN and HQI are likely to be the leading entities to witness steady service demand, and the rising adoption of remote work and technology.
Neutral
Business Wire
3 weeks ago
CROSS COUNTRY HEALTHCARE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cross Country Healthcare, Inc. - CCRN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Cross Country Healthcare, Inc. (NasdaqGS: CCRN) to Aya Healthcare. Under the terms of the proposed transaction, shareholders of Cross Country will receive $18.61 in cash for each share of Cross Country that they own. KSF is seeking to determine whether this consideration and the process that led to it are adeq.
Neutral
Business Wire
1 month ago
CCRN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cross Country Healthcare, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Cross Country Healthcare, Inc. (NASDAQ: CCRN) to Aya Healthcare for $18.61 per share in cash is fair to Cross Country shareholders. Halper Sadeh encourages Cross Country shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns.
Neutral
Business Wire
2 months ago
CROSS COUNTRY HEALTHCARE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Cross Country Healthcare, Inc. - CCRN
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Cross Country Healthcare, Inc. (NasdaqGS: CCRN) to Aya Healthcare. Under the terms of the proposed transaction, shareholders of Cross Country will receive $18.61 in cash for each share of Cross Country that they own. KSF is seeking to determine whether this consideration and the process that led to it are adeq.
Neutral
PRNewsWire
2 months ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Cross Country Healthcare, Inc. - CCRN
NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Cross Country Healthcare, Inc. (NASDAQ: CCRN ), relating to the proposed merger with Aya Healthcare.
Neutral
Business Wire
2 months ago
CCRN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cross Country Healthcare, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Cross Country Healthcare, Inc. (NASDAQ: CCRN) to Aya Healthcare for $18.61 per share in cash is fair to Cross Country shareholders. Halper Sadeh encourages Cross Country shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns.
Neutral
Business Wire
3 months ago
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.
Neutral
Seeking Alpha
3 months ago
Cross Country Healthcare, Inc. (CCRN) Q3 2024 Earnings Call Transcript
Cross Country Healthcare, Inc. (CCRN) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
3 months 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.
Positive
Zacks Investment Research
3 months 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.
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