Cross Country HealthcareCCRN Market cap $432M
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 Q2 SEC filings by fund managers ($100M+ AUM)
409% more call options, than puts
Call options by funds: $163K | Put options by funds: $32K
5.14% less ownership
Funds ownership: 104.31% [Q1] → 99.17% (-5.14%) [Q2]
7% less funds holding
Funds holding: 173 [Q1] → 161 (-12) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 65
30% less capital invested
Capital invested by funds: $678M [Q1] → $477M (-$201M) [Q2]
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barrington Research Kevin Steinke 53% 1-year accuracy 16 / 30 met price target | 49%upside $19 | Outperform Maintained | 8 Aug 2024 |
Truist Securities Tobey Sommer 92% 1-year accuracy 34 / 37 met price target | 33%upside $17 | Hold Maintained | 1 Aug 2024 |