Home Sectors Industrials Present Fundamentals: Cross Country Healthcare (NASDAQ: CCRN)

Present Fundamentals: Cross Country Healthcare (NASDAQ: CCRN)


Cross Country Healthcare is in the employment services industry and is in the industrials sector. The company CEO is William J. Grubbs. Cross Country Healthcare Inc provides healthcare staffing, recruiting, and workforce solutions. The company operates business across three segments and mainly offers nurse and allied staffing, travel nurse, and branch-based local nurse in the US.

Previous Intraday Trading Performance:

The CCRN stock showed a previous change of -0.58% with an open at 8.65 and a close of 8.60. It reached an intraday high of 8.92 and a low of 8.59.

Business Wire:  Cross Country Healthcare Announces Third Quarter 2018 Earnings Release Date and Conference Call Information


The stock has a market cap of $312.1m with 36.3m shares outstanding, of which the float is 33.6m shares. Trading volume reached 170,248 shares compared to its average volume of 232,409 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Cross Country Healthcare shares returned -1.60% and in the past 30 trading days it returned -13.91%. Over three months, it changed -29.57%. In one year it has changed -36.25% and within that year its 52-week high was 14.49 and its 52-week low was 7.41. CCRN stock is 16.06% above its 52 Week Low.

Our calculations show a 200 day moving average of 11.46 and a 50 day moving average of 9.25. Currently CCRN stock is trading -24.94% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  Cross Country Healthcare Announces Third Quarter 2018 Earnings Release Date and Conference Call Information


The last annual fiscal EPS for the company was reported at 1.01 that ended on 31st of December 2017, which according to the previous close, that is a PE of 8.51. Based on 4 analyst estimates, the consensus EPS for the next quarter is 0.03. The TTM EPS is 0.51, which comes to a TTM PE of 16.86.

The following are the last four quarter reported earnings per share:
06-30-2018:  0.05
03-31-2018:  0.06
12-31-2017:  0.17
09-30-2017:  0.23

Base on our calculations, the intrinsic value per share is 11.40, which means it is possibly undervalued and has a margin of safety of 24.56%

Indicators to Watch:

Based on the latest filings, there is 89.70% of institutional ownership. Short-interest is 1,031,391, which is 2.84% of shares outstanding. The short-interest ratio or days-to-cover ratio is 4.95. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.81

SeekingAlpha:  CorVel reports Q1 results

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 17.14%, return on assets is 8.90%, profit margin is 5.05%, price-to-sales is 0.49 and price-to-book is 1.33.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.