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The closing price of Cross Country Healthcares, Inc (NASDAQ: CCRN) was $10.67 for the day, down -1.93% from the previous closing price of $10.88. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 0.28 million shares were traded. CCRN stock price reached its highest trading level at $10.99 during the session, while it also had its lowest trading level at $10.6.
Ratios:
Our analysis of CCRN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.65. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Jefferies Downgraded its Buy to Hold on November 03, 2023, whereas the target price for the stock was revised from $32 to $21.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCRN now has a Market Capitalization of 349548704 and an Enterprise Value of 252620688. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.224 whereas that against EBITDA is 12.07.
Stock Price History:
The Beta on a monthly basis for CCRN is 0.43, which has changed by 0.011152387 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, CCRN has reached a high of $18.33, while it has fallen to a 52-week low of $10.35. The 50-Day Moving Average of the stock is -15.02%, while the 200-Day Moving Average is calculated to be -22.18%.
Shares Statistics:
CCRN traded an average of 383.01K shares per day over the past three months and 540020 shares per day over the past ten days. A total of 32.52M shares are outstanding, with a floating share count of 30.99M. Insiders hold about 5.40% of the company’s shares, while institutions hold 104.19% stake in the company. Shares short for CCRN as of 1763078400 were 3357148 with a Short Ratio of 8.77, compared to 1760486400 on 2704907. Therefore, it implies a Short% of Shares Outstanding of 3357148 and a Short% of Float of 10.319999600000001.
Earnings Estimates
The market rating for Cross Country Healthcares, Inc (CCRN) is a result of the insights provided by 5.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.01, with high estimates of $0.03 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.12 and $0.08 for the fiscal current year, implying an average EPS of $0.1. EPS for the following year is $0.16, with 5.0 analysts recommending between $0.41 and $0.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 5 analysts. It ranges from a high estimate of $265M to a low estimate of $247.18M. As of. The current estimate, Cross Country Healthcares, Inc’s year-ago sales were $309.94MFor the next quarter, 5 analysts are estimating revenue of $254.78M. There is a high estimate of $265.99M for the next quarter, whereas the lowest estimate is $243.57M.
A total of 5 analysts have provided revenue estimates for CCRN’s current fiscal year. The highest revenue estimate was $1.08B, while the lowest revenue estimate was $1.06B, resulting in an average revenue estimate of $1.07B. In the same quarter a year ago, actual revenue was $1.34BBased on 5 analysts’ estimates, the company’s revenue will be $1.04B in the next fiscal year. The high estimate is $1.17B and the low estimate is $988.41M.
