Cross Country Healthcare Stock Analysis
CCRN Stock | USD 10.87 0.53 5.13% |
Cross Country Healthcare is undervalued with Real Value of 14.98 and Target Price of 27.8. The main objective of Cross Country stock analysis is to determine its intrinsic value, which is an estimate of what Cross Country Healthcare is worth, separate from its market price. There are two main types of Cross Country's stock analysis: fundamental analysis and technical analysis.
The Cross Country stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Cross Country is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Cross Stock trading window is adjusted to America/New York timezone.
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Cross Stock Analysis Notes
About 94.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.8. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cross Country Healthcare has Price/Earnings To Growth (PEG) ratio of 1.81. The entity recorded a loss per share of 0.05. The firm had not issued any dividends in recent years. 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. It employs 2250 people. For more info on Cross Country Healthcare please contact John Martins at 561 998 2232 or go to https://www.crosscountry.com.Cross Country Quarterly Total Revenue |
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Cross Country Healthcare Investment Alerts
Cross Country generated a negative expected return over the last 90 days | |
Cross Country has high historical volatility and very poor performance | |
Cross Country is unlikely to experience financial distress in the next 2 years | |
Cross Country has a strong financial position based on the latest SEC filings | |
Over 94.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from businesswire.com: Cross Countrys Susan E. Ball Recognized on SIAs Global Power 150 Women in Staffing |
Cross Country Healthcare Upcoming and Recent Events
Earnings reports are used by Cross Country to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
28th of February 2024 Upcoming Quarterly Report | View | |
1st of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
28th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Cross Largest EPS Surprises
Earnings surprises can significantly impact Cross Country's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2020-05-07 | 2020-03-31 | -0.02 | -0.01 | 0.01 | 50 | ||
2020-03-04 | 2019-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2018-11-01 | 2018-09-30 | 0.03 | 0.02 | -0.01 | 33 |
Cross Country Environmental, Social, and Governance (ESG) Scores
Cross Country's ESG score is a quantitative measure that evaluates Cross Country's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Cross Country's operations that may have significant financial implications and affect Cross Country's stock price as well as guide investors towards more socially responsible investments.
Cross Stock Institutional Investors
Shares | Citadel Advisors Llc | 2024-09-30 | 740.3 K | Jacobs Levy Equity Management, Inc. | 2024-09-30 | 546.9 K | Amvescap Plc. | 2024-06-30 | 517.8 K | Deutsche Bank Ag | 2024-06-30 | 514.6 K | Bank Of America Corp | 2024-06-30 | 458.6 K | Dana Investment Advisors Inc | 2024-09-30 | 404.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 389.2 K | D. E. Shaw & Co Lp | 2024-09-30 | 388.4 K | Ubs Group Ag | 2024-06-30 | 364.9 K | Blackrock Inc | 2024-06-30 | 5.9 M | Pacer Advisors, Inc. | 2024-06-30 | 4.6 M |
Cross Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 340.36 M.Cross Profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.15 | 0.16 | |
Return On Capital Employed | 0.21 | 0.22 | |
Return On Assets | 0.11 | 0.11 | |
Return On Equity | 0.15 | 0.16 |
Management Efficiency
Cross Country Healthcare has return on total asset (ROA) of 0.0127 % which means that it generated a profit of $0.0127 on every $100 spent on assets. This is way below average. Cross Country's management efficiency ratios could be used to measure how well Cross Country manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to grow to 0.16. Also, Return On Capital Employed is likely to grow to 0.22. At this time, Cross Country's Return On Assets are very stable compared to the past year. As of the 26th of November 2024, Asset Turnover is likely to grow to 3.12, while Total Assets are likely to drop about 480.8 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 13.46 | 8.90 | |
Tangible Book Value Per Share | 8.06 | 8.47 | |
Enterprise Value Over EBITDA | 6.06 | 6.37 | |
Price Book Value Ratio | 1.68 | 1.59 | |
Enterprise Value Multiple | 6.06 | 6.37 | |
Price Fair Value | 1.68 | 1.59 | |
Enterprise Value | 374.9 M | 559.5 M |
The strategic initiatives led by Cross Country's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin 0.0122 | Profit Margin (0) | Beta 0.65 | Return On Assets 0.0127 | Return On Equity (0) |
Technical Drivers
As of the 26th of November, Cross Country shows the Standard Deviation of 3.52, mean deviation of 2.42, and Risk Adjusted Performance of (0.09). Cross Country Healthcare technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Cross Country Healthcare Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cross Country middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cross Country Healthcare. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Cross Country Healthcare Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cross Country insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cross Country's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cross Country insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cross Country Outstanding Bonds
Cross Country issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cross Country Healthcare uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cross bonds can be classified according to their maturity, which is the date when Cross Country Healthcare has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
AerCap Global Aviation Corp BondUS00773HAA59 | View |
Cross Country Predictive Daily Indicators
Cross Country intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cross Country stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Cross Country Corporate Filings
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 18th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 21st of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 5th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 1st of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Cross Country Forecast Models
Cross Country's time-series forecasting models are one of many Cross Country's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cross Country's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Cross Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Cross Country prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cross shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cross Country. By using and applying Cross Stock analysis, traders can create a robust methodology for identifying Cross entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.05 | 0.05 | |
Operating Profit Margin | 0.06 | 0.06 | |
Net Profit Margin | 0.04 | 0.04 | |
Gross Profit Margin | 0.22 | 0.28 |
Current Cross Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cross analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cross analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
27.8 | Buy | 8 | Odds |
Most Cross analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cross stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cross Country Healthcare, talking to its executives and customers, or listening to Cross conference calls.
Cross Stock Analysis Indicators
Cross Country Healthcare stock analysis indicators help investors evaluate how Cross Country stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cross Country shares will generate the highest return on investment. By understating and applying Cross Country stock analysis, traders can identify Cross Country position entry and exit signals to maximize returns.
Begin Period Cash Flow | 3.6 M | |
Common Stock Shares Outstanding | 35.5 M | |
Total Stockholder Equity | 473.4 M | |
Tax Provision | 33.9 M | |
Quarterly Earnings Growth Y O Y | -0.785 | |
Property Plant And Equipment Net | 29.9 M | |
Cash And Short Term Investments | 17.1 M | |
Cash | 17.1 M | |
Accounts Payable | 3 M | |
Net Debt | -11.8 M | |
50 Day M A | 12.1722 | |
Total Current Liabilities | 148.6 M | |
Other Operating Expenses | 1.9 B | |
Non Current Assets Total | 264.2 M | |
Forward Price Earnings | 18.1488 | |
Non Currrent Assets Other | 38.4 M | |
Stock Based Compensation | 6.6 M |
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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Health Care Providers & Services space 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 (0.79) | Earnings Share (0.05) | Revenue Per Share 42.699 | Quarterly Revenue Growth (0.29) | Return On Assets 0.0127 |
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.