Cross Country HealthcareCCRN
Market Cap: 574M
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
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
52% more call options, than puts
Call options by funds: $464K | Put options by funds: $305K
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
1% less funds holding
Funds holding: 173 [Q4 2023] → 171 (-2) [Q1 2024]
2.2% less ownership
Funds ownership: 104.72% [Q4 2023] → 102.52% (-2.2%) [Q1 2024]
17% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 69
20% less capital invested
Capital invested by funds: $833M [Q4 2023] → $666M (-$167M) [Q1 2024]
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Barrington Research Kevin Steinke | 27%upside $21 | Outperform Maintained | 6 May 2024 |
Benchmark Bill Sutherland | 15%upside $19 | Buy Maintained | 2 May 2024 |
Barrington Research Kevin Steinke | 45%upside $24 | Outperform Maintained | 27 Feb 2024 |
Truist Securities Tobey Sommer | 3%downside $16 | Hold Maintained | 22 Feb 2024 |
Benchmark Bill Sutherland | 27%upside $21 | Buy Maintained | 22 Feb 2024 |