The Pres., Cross Country Staffing of Cross Country Healthcare (NASDAQ: CCRN) is Selling SharesBy Carrie Williams
Based on Cross Country Healthcare’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $215 million and quarterly net profit of $14.07 million. In comparison, last year the company earned revenue of $196 million and had a net profit of $5.01 million. The company has a one year high of $18.76 and a one year low of $9.72. Currently, Cross Country Healthcare has an average volume of 73.27K.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $17.33, reflecting a -13.3% downside.
The insider sentiment on Cross Country Healthcare has been positive according to 60 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Cross Country Healthcare, Inc. provides healthcare staffing and workforce management solutions. It operates through the following segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. The Nurse and Allied Staffing segment provides traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch based local nurses and allied staffing. The Physician Staffing segment provides physicians in many specialties as independent contractors on temporary assignments throughout the U.S. at various healthcare facilities, such as acute and non-acute care facilities, medical group practices, government facilities, and managed care organizations. The Other human capital management services segment provides education and training programs to the healthcare industry and retained search services for physicians and healthcare executives. The company was founded on July 29, 1999 and is headquartered in Boca Raton, FL.