-0.11%
0.33%
59.68%
-0.11%
-14.26%
-15.30%
84.04%
AI Spotlight on CCRN
Company 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.
Market Data
| Last Price | 18.22 |
| Change Percentage | -0.11% |
| Open | 18.25 |
| Previous Close | 18.24 |
| Market Cap ( Millions) | 598 |
| Volume | 184631 |
| Year High | 22.14 |
| Year Low | 9.58 |
| M A 50 | 16.14 |
| M A 200 | 14.84 |
Financial Ratios
| FCF Yield | 17.27% |
| Dividend Yield | 0.00% |
| ROE | -0.39% |
| Debt / Equity | 1.04% |
| Net Debt / EBIDTA | -284.13% |
| Price To Book | 1.42 |
| Price Earnings Ratio | -340.82 |
| Price To FCF | 5.79 |
| Price To sales | 0.41 |
| EV / EBITDA | 25.66 |
News
- Dec -04 - 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
- Dec -04 - $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Cross Country Healthcare, Inc. - CCRN
- Dec -04 - CCRN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cross Country Healthcare, Inc. Is Fair to Shareholders
- Nov -13 - Cross Country's Susan E. Ball Recognized on SIA's Global Power 150 Women in Staffing
- Nov -07 - Cross Country Healthcare, Inc. (CCRN) Q3 2024 Earnings Call Transcript
- Nov -07 - Cross Country (CCRN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- Nov -06 - Cross Country Healthcare (CCRN) Surpasses Q3 Earnings and Revenue Estimates
- Nov -06 - Cross Country Healthcare Announces Third Quarter 2024 Financial Results
- Oct -18 - Cross Country Healthcare to Hold Third Quarter 2024 Earnings Conference Call on Wednesday, November 6, 2024
- Oct -16 - Cross Country Named Most Loved Workplace® for Wellness by Newsweek
- Oct -15 - Cross Country Healthcare: The Strong Balance Sheet Provides A Sufficient Margin Of Safety
- Oct -03 - Is the Options Market Predicting a Spike in Cross Country Healthcare (CCRN) Stock?
- Sep -19 - Cross Country CEO Recognized Among Most Loved Workplace Leaders by Newsweek
- Aug -29 - Cross Country Named Most Loved Workplace® for 2024
- Aug -21 - Cross Country Healthcare to Attend the Morgan Stanley 22nd Annual Global Healthcare Conference and the 17th Annual Barrington Research Virtual Fall Investment Conference
- Aug -01 - Cross Country Healthcare, Inc. (CCRN) Q2 2024 Earnings Call Transcript
- Aug -01 - Cross Country (CCRN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- Jul -31 - Cross Country Healthcare (CCRN) Lags Q2 Earnings Estimates
- Jul -31 - 3 Small-Cap Stocks to Watch in the Coming Quarters
- Jul -11 - Cross Country Healthcare to Hold Second Quarter 2024 Earnings Conference Call on Wednesday, July 31, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Nurse and Allied Staffing
Expected Growth : 10.3 %
What the company do ?
Nurse and Allied Staffing from Cross Country Healthcare, Inc. provides temporary and permanent placement of nurses and allied health professionals to healthcare facilities.
Why we expect these perspectives ?
Growing demand for healthcare services, aging population, and shortage of skilled nurses drive the nurse and allied staffing market growth.
Segment n°2 -> Physician Staffing
Expected Growth : 10.3 %
What the company do ?
Physician Staffing from Cross Country Healthcare, Inc. provides temporary and permanent physician staffing solutions to healthcare facilities, helping to fill gaps in medical staffing and improve patient care.
Why we expect these perspectives ?
Growing demand for healthcare services, aging population, and physician shortages drive the need for temporary and permanent staffing solutions, enabling Cross Country Healthcare's physician staffing segment to thrive.
Cross Country Healthcare, Inc. Products
| Product Range | What is it ? |
|---|---|
| Nurse and Allied Staffing | Provides temporary and permanent placement of nurses and allied health professionals to healthcare facilities across the United States. |
| Physician Staffing | Offers temporary and permanent placement of physicians to healthcare facilities, including locum tenens and permanent placement services. |
| Education and Training | Provides educational programs and training services for healthcare professionals, including continuing education and certification programs. |
| Search and Recruitment | Offers permanent placement services for healthcare professionals, including executive search and recruitment services. |
| Workforce Solutions | Provides workforce management solutions, including vendor management, workforce analytics, and consulting services. |
| MSP and RPO Services | Offers managed service provider (MSP) and recruitment process outsourcing (RPO) services to healthcare organizations. |
Cross Country Healthcare, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Cross Country Healthcare, Inc. is medium due to the presence of alternative staffing agencies and healthcare providers. However, the company's strong brand reputation and extensive network of healthcare professionals mitigate this threat.
Bargaining Power Of Customers
The bargaining power of customers for Cross Country Healthcare, Inc. is low due to the company's strong market position and the fragmented nature of the healthcare industry. Customers have limited bargaining power, and the company has a strong track record of delivering high-quality services.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Cross Country Healthcare, Inc. is medium due to the company's reliance on a network of healthcare professionals and the availability of alternative staffing agencies. However, the company's strong relationships with its suppliers and its ability to negotiate favorable terms mitigate this threat.
Threat Of New Entrants
The threat of new entrants for Cross Country Healthcare, Inc. is low due to the high barriers to entry in the healthcare staffing industry, including regulatory hurdles and the need for specialized expertise. The company's strong brand reputation and extensive network of healthcare professionals also deter new entrants.
Intensity Of Rivalry
The intensity of rivalry for Cross Country Healthcare, Inc. is high due to the competitive nature of the healthcare staffing industry. The company faces intense competition from other staffing agencies and healthcare providers, which can lead to pricing pressure and reduced market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 1.10% |
| Debt Cost | 7.78% |
| Equity Weight | 98.90% |
| Equity Cost | 7.78% |
| WACC | 7.78% |
| Leverage | 1.11% |
Cross Country Healthcare, Inc. : Quality Control
Cross Country Healthcare, Inc. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| USPH | U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, … |
| AMS | American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat … |
| ASTH | Astrana Health, Inc., Inc., a physician-centric technology-powered healthcare management company, provides medical care services in the United States. It operates through three segments: Care Partners, Care Delivery, and Care Enablement. … |
| AVAH | Aveanna Healthcare Holdings Inc., a diversified home care platform company, provides private duty nursing (PDN), adult home health and hospice, home-based pediatric therapy, and enteral nutrition services in the United … |
| ADUS | Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Addus HomeCare
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ASHS
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Astrana Health
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U.S. Physical Therapy
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5
Cross Country Healthcare
A-Score
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6
