Cross Country Healthcare Inc
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- Market Cap.:
- $822.57 million
- Book Value:
- Revenue TTM:
- $2.81 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $627.69 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Cross Country Healthcare Inc had its IPO on 2001-10-25 under the ticker symbol CCRN.
The company operates in the Healthcare sector and Medical Care Facilities industry. Cross Country Healthcare Inc has a staff strength of 2,700 employees.
Shares of Cross Country Healthcare Inc opened at $23.1 at the start of the last trading session i.e. 2023-03-19.
The stocks traded within a range of $22.27 - $23.42, and closed at $22.34.
This is a -3.71% slip from the previous day's closing price.
A total volume of 1,464,200 shares were traded at the close of the day’s session.
In the last one week, shares of Cross Country Healthcare Inc have slipped by -11.91%.
Cross Country Healthcare Inc's Key Ratios
Cross Country Healthcare Inc has a market cap of $822.57 million, indicating a price to book ratio of 2.4916 and a price to sales ratio of 0.3556.
In the last 12-months Cross Country Healthcare Inc’s revenue was $2.81 billion with a gross profit of $627.69 million and an EBITDA of $293.87 million. The EBITDA ratio measures Cross Country Healthcare Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Cross Country Healthcare Inc’s operating margin was 10.02% while its return on assets stood at 20.92% with a return of equity of 49.94%.
In Q4, Cross Country Healthcare Inc’s quarterly earnings growth was a negative -49.1% while revenue growth was a negative 1.9%.
Cross Country Healthcare Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $4.79 per share while it has a forward price to earnings multiple of 8.9928 and a PEG multiple of 0.8996. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cross Country Healthcare Inc’s profitability.
Cross Country Healthcare Inc stock is trading at a EV to sales ratio of 0.4124 and a EV to EBITDA ratio of 3.7614. Its price to sales ratio in the trailing 12-months stood at 0.3556.
Cross Country Healthcare Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $947.84 million
- Total Liabilities
- $271.64 million
- Operating Cash Flow
- Capital Expenditure
- $2.02 million
- Dividend Payout Ratio
Cross Country Healthcare Inc ended 2023 with $947.84 million in total assets and $0 in total liabilities. Its intangible assets were valued at $947.84 million while shareholder equity stood at $457.22 million.
Cross Country Healthcare Inc ended 2023 with $0 in deferred long-term liabilities, $271.64 million in other current liabilities, 4000.00 in common stock, $165.73 million in retained earnings and $163.27 million in goodwill. Its cash balance stood at $3.60 million and cash and short-term investments were $3.60 million. The company’s total short-term debt was $4,132,000 while long-term debt stood at $148.74 million.
Cross Country Healthcare Inc’s total current assets stands at $675.67 million while long-term investments were $23.06 million and short-term investments were $0. Its net receivables were $675.58 million compared to accounts payable of $185.51 million and inventory worth $0.
In 2023, Cross Country Healthcare Inc's operating cash flow was $-37111000.00 while its capital expenditure stood at $2.02 million.
Comparatively, Cross Country Healthcare Inc paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Cross Country Healthcare Inc stock is currently trading at $22.34 per share. It touched a 52-week high of $40.12 and a 52-week low of $40.12. Analysts tracking the stock have a 12-month average target price of $37.92.
Its 50-day moving average was $26.78 and 200-day moving average was $27.46 The short ratio stood at 6.04 indicating a short percent outstanding of 0%.
Around 570.5% of the company’s stock are held by insiders while 9994% are held by institutions.
Frequently Asked Questions About Cross Country Healthcare Inc
Similar Industry Stocks (Medical 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 provides workforce solutions and 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; managed services programs services; 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, RPO, and consulting 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. The 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.