Cross Country Healthcare Stock Earnings Report
Current P/E ratio: 4.59 | Price (May 30, 2023, EOD): $25.93 (Find current average P/E ratios for all sectors below)
CCRN Upcoming Earnings (Q2 2023)
Earnings Date: | Aug 01, 2023 |
Consensus EPS: | Premium |
CCRN Analysts Price Targets
Currently no data available.About Cross Country Healthcare
Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, local nurses, and allied staffing; staffing solutions for registered nurses, licensed practical nurses, certified nurse assistants, practitioners, pharmacists, and other allied professionals on per diem and short-term assignments; and clinical and non-clinical professionals on long-term contract assignments, as well as workforce solutions, including MSP, RPO, and consulting services. It also provides retained search services for healthcare professionals, as well as contingent search and recruitment process outsourcing services. This segment serves public and private acute care and non-acute care hospitals, government facilities, local and national healthcare plans, managed care providers, public and charter schools, outpatient clinics, ambulatory care facilities, physician practice groups, and other healthcare providers under the Cross Country brand. The Physician Staffing segment provides physicians in various specialties, certified registered nurse anesthetists, nurse practitioners, and physician assistants under the Cross Country Locums brand as independent contractors on temporary assignments at various healthcare facilities, such as acute and non-acute care facilities, medical group practices, government facilities, and managed care organizations. The company was founded in 1986 and is headquartered in Boca Raton, Florida.
Last 3 Quarters for CCRN Premium
Below you can see how CCRN performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
Average Sector P/E ratio
Is your stock priced above or below the average P/E ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. For example, a company with a current P/E of 25, trades at 25 times today's earnings.
Name | Number of firms | Average PE |
---|---|---|
Advertising | 47 | 20 |
Aerospace/Defense | 77 | 35 |
Air Transport | 18 | 15 |
Apparel | 51 | 26 |
Auto & Truck | 13 | 15 |
Auto Parts | 46 | 16 |
Bank (Money Center) | 7 | 11 |
Banks (Regional) | 611 | 17 |
Beverage (Alcoholic) | 21 | 38 |
Beverage (Soft) | 34 | 35 |
Broadcasting | 27 | 14 |
Brokerage & Investment Banking | 39 | 14 |
Building Materials | 42 | 23 |
Business & Consumer Services | 165 | 32 |
Cable TV | 14 | 156 |
Chemical (Basic) | 43 | 14 |
Chemical (Diversified) | 6 | 10 |
Chemical (Specialty) | 94 | 25 |
Coal & Related Energy | 22 | 7 |
Computer Services | 106 | 27 |
Computers/Peripherals | 48 | 24 |
Construction Supplies | 44 | 22 |
Diversified | 23 | 45 |
Drugs (Biotechnology) | 503 | 77 |
Drugs (Pharmaceutical) | 267 | 22 |
Education | 35 | 21 |
Electrical Equipment | 113 | 28 |
Electronics (Consumer & Office) | 20 | 18 |
Electronics (General) | 153 | 49 |
Engineering/Construction | 54 | 24 |
Entertainment | 107 | 150 |
Environmental & Waste Services | 82 | 70 |
Farming/Agriculture | 31 | 63 |
Financial Svcs. (Non-bank & Insurance) | 232 | 36 |
Food Processing | 88 | 55 |
Food Wholesalers | 17 | 43 |
Furn/Home Furnishings | 35 | 17 |
Green & Renewable Energy | 22 | 88 |
Healthcare Products | 242 | 160 |
Healthcare Support Services | 128 | 131 |
Heathcare Information and Technology | 129 | 132 |
Homebuilding | 32 | 64 |
Hospitals/Healthcare Facilities | 36 | 145 |
Hotel/Gaming | 65 | 171 |
Household Products | 127 | 26 |
Information Services | 69 | 283 |
Insurance (General) | 19 | 693 |
Insurance (Life) | 24 | 15 |
Insurance (Prop/Cas.) | 51 | 71 |
Investments & Asset Management | 192 | 120 |
Machinery | 120 | 27 |
Metals & Mining | 92 | 37 |
Office Equipment & Services | 22 | 16 |
Oil/Gas (Integrated) | 4 | 13 |
Oil/Gas (Production and Exploration) | 269 | 19 |
Oil/Gas Distribution | 24 | 606 |
Oilfield Svcs/Equip. | 136 | 28 |
Packaging & Container | 24 | 43 |
Paper/Forest Products | 15 | 20 |
Power | 52 | 28 |
Precious Metals | 83 | 98 |
Publishing & Newspapers | 31 | 28 |
R.E.I.T. | 234 | 91 |
Real Estate (Development) | 20 | 146 |
Real Estate (General/Diversified) | 12 | 31 |
Real Estate (Operations & Services) | 57 | 23 |
Recreation | 63 | 50 |
Reinsurance | 2 | 153 |
Restaurant/Dining | 77 | 66 |
Retail (Automotive) | 26 | 20 |
Retail (Building Supply) | 17 | 202 |
Retail (Distributors) | 80 | 28 |
Retail (General) | 18 | 22 |
Retail (Grocery and Food) | 13 | 38 |
Retail (Online) | 70 | 319 |
Retail (Special Lines) | 89 | 25 |
Rubber& Tires | 4 | 15 |
Semiconductor | 72 | 109 |
Semiconductor Equip | 39 | 26 |
Shipbuilding & Marine | 10 | 30 |
Shoe | 11 | 27 |
Software (Entertainment) | 86 | 60 |
Software (Internet) | 30 | 90 |
Software (System & Application) | 363 | 144 |
Steel | 32 | 11 |
Telecom (Wireless) | 18 | 27 |
Telecom. Equipment | 91 | 66 |
Telecom. Services | 67 | 115 |
Tobacco | 17 | 33 |
Transportation | 18 | 24 |
Transportation (Railroads) | 8 | 20 |
Trucking | 33 | 18 |
Utility (General) | 16 | 26 |
Utility (Water) | 17 | 46 |
Total Market | 7053 | 61 |
Total Market (without financials) | 5878 | 62 |
Updated: Jan 2020
About Cross Country Healthcare
Cross Country Healthcare, Inc. provides talent management and other consultative services for healthcare clients in the United States. The company operates in two segments, Nurse and Allied Staffing and Physician Staffing. The Nurse and Allied Staffing segment offers traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, local nurses, and allied staffing; staffing solutions for registered nurs... CCRN Profile
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.