Cross Country Healthcare Stock Today
| CCRN Stock | USD 17.50 0.37 2.16% |
Performance0 of 100
| Odds Of DistressLess than 1
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Cross Country is selling at 17.50 as of the 20th of April 2024; that is 2.16% increase since the beginning of the trading day. The stock's open price was 17.13. Cross Country has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Cross Country Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 25th of October 2001 | Category Healthcare | Classification Health Care |
Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company was founded in 1986 and is headquartered in Boca Raton, Florida. Cross Ctry operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. The company has 34.68 M outstanding shares of which 5.13 M shares are currently shorted by private and institutional investors with about 11.78 trading days to cover. More on Cross Country Healthcare
Moving together with Cross Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Cross Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cross Country's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cross Country or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | William Grubbs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | C&C GROUP NIL PAID PLC | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Cross Country report their recommendations after researching Cross Country's financial statements, talking to executives and customers, or listening in on Cross Country's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cross Country Healthcare. The Cross consensus assessment is calculated by taking the average forecast from all of the analysts covering Cross Country. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Cross Country's financial statements, Cross Country Healthcare is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Cross Country Healthcare is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Cross Country's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cross Country's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cross Country's financial leverage. It provides some insight into what part of Cross Country's total assets is financed by creditors.
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Cross Country Healthcare (CCRN) is traded on NASDAQ Exchange in USA. It is located in 6551 Park of Commerce Boulevard, N.W., Boca Raton, FL, United States, 33487 and employs 13,131 people. Cross Country is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 606.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cross Country's market, we take the total number of its shares issued and multiply it by Cross Country's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cross Country Healthcare conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 34.68 M outstanding shares of which 5.13 M shares are currently shorted by private and institutional investors with about 11.78 trading days to cover.
Cross Country Healthcare currently holds about 279 K in cash with 252.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Cross Country Probability Of Bankruptcy
Ownership AllocationCross Country Healthcare retains a total of 34.68 Million outstanding shares. The majority of Cross Country Healthcare outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cross Country Healthcare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cross Country. Please pay attention to any change in the institutional holdings of Cross Country Healthcare as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cross Ownership Details
Cross Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Cross Country jumping above the current price in 90 days from now is about 81.64%. The Cross Country Healthcare probability density function shows the probability of Cross Country stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8263 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cross Country will likely underperform. Additionally, cross Country Healthcare has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Cross Country to move above the current price in 90 days from now is about 81.64 (This Cross Country Healthcare probability density function shows the probability of Cross Stock to fall within a particular range of prices over 90 days) .
Cross Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Cross Country that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cross Country's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cross Country's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 754 K | |
| Deutsche Bank Ag | 2023-12-31 | 711.9 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 661.2 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 572.7 K | |
| American Century Companies Inc | 2023-12-31 | 517.8 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 481.5 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 421.6 K | |
| Citadel Advisors Llc | 2023-09-30 | 415.2 K | |
| Northern Trust Corp | 2023-12-31 | 403.1 K | |
| Blackrock Inc | 2023-12-31 | 6 M | |
| Vanguard Group Inc | 2023-12-31 | 2.5 M |
Cross Country Historical Income Statement
Cross Country Healthcare Income Statement is one of the three primary financial statements used for reporting Cross's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cross Country Healthcare revenue and expense. Cross Country Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cross Country's Cost Of Revenue is very stable compared to the past year. As of the 20th of April 2024, Income Before Tax is likely to grow to about 108 M, while Depreciation And Amortization is likely to drop about 12.6 M. View More FundamentalsCross Stock Against Markets
Picking the right benchmark for Cross Country stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cross Country stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cross Country is critical whether you are bullish or bearish towards Cross Country Healthcare at a given time. Please also check how Cross Country's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Cross Country without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cross Country Corporate Directors
Cross Country corporate directors refer to members of a Cross Country board of directors. The board of directors generally takes responsibility for the Cross Country's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Cross Country's board members must vote for the resolution. The Cross Country board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joseph Trunfio | Independent Director | Profile | |
| Larry Cash | Independent Director | Profile | |
| Darrell Freeman | Independent Director | Profile | |
| Mark Perlberg | Independent Director | Profile |
How to buy Cross Stock?
Before investing in Cross Country, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cross Country. To buy Cross Country stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cross Country. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cross Country stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cross Country Healthcare stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cross Country Healthcare stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cross Country Healthcare, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cross Stock please use our How to Invest in Cross Country guide.
Already Invested in Cross Country Healthcare?
The danger of trading Cross Country Healthcare is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cross Country is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cross Country. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cross Country Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cross Country Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cross Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cross Country Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cross Country Healthcare Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cross Country Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Cross Country's price analysis, check to measure Cross Country's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cross Country is operating at the current time. Most of Cross Country's value examination focuses on studying past and present price action to predict the probability of Cross Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cross Country's price. Additionally, you may evaluate how the addition of Cross Country to your portfolios can decrease your overall portfolio volatility.
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Is Cross Country's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cross Country. If investors know Cross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cross Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.75) | Earnings Share 2.05 | Revenue Per Share 57.447 | Quarterly Revenue Growth (0.34) | Return On Assets 0.09 |
The market value of Cross Country Healthcare is measured differently than its book value, which is the value of Cross that is recorded on the company's balance sheet. Investors also form their own opinion of Cross Country's value that differs from its market value or its book value, called intrinsic value, which is Cross Country's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cross Country's market value can be influenced by many factors that don't directly affect Cross Country's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cross Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cross Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cross Country's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.