Cross Country Healthcare provides both retained and contingent placement services for physicians, as well as retained search services for healthcare executives. The company operates through three segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services. The company was founded in 1996 and is based in Boca Raton, Florida.
CCRN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Cross Country Healthcare Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Cross Country Healthcare Inc ranked in the 39th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 28.17%. As for the metrics that stood out in our discounted cash flow analysis of Cross Country Healthcare Inc, consider:
Cross Country Healthcare Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -4.11. This coverage rate is greater than that of merely 13.09% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Cross Country Healthcare Inc experienced a tax rate of about 1% over the past twelve months; relative to its sector (Industrials), this tax rate is higher than only 22.23% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CCRN, try ITW, AVY, PCAR, TDG, and CSWI.
Cross Country Healthcare, Inc. (CCRN) Q2 2020 Earnings Conference Call August 05, 2020 05:00 PM ET Company Participants Bill Burns - Chief Financial Officer Kevin Clark - Co-Founder & Chief Executive Officer Buffy White - President, Workforce Solutions & Services Steve Saville - Executive Vice President of Operations Conference Call...
Cross Country Healthcare, Inc. (Nasdaq: CCRN) will hold its quarterly conference call to discuss its second quarter 2020 financial results on Wednesday, August 5, 2020 at 5:00 p.m. Eastern Time. Cross Country Healthcare, Inc. (the "Company") intends to distribute its earnings press release after market close on Wednesday, August 5, 2020.
Cross Country Healthcare, Inc., (Nasdaq: CCRN) a leading provider of total talent management including workforce solutions, contingent staffing, permanent placement, and other consultative services for healthcare clients, today announced that Dr. Janice E. Nevin, MD, MPH, has been elected to serve as a member of its Board of Directors, effective May 19, 2020.
Cross Country Healthcare, Inc. (Nasdaq: CCRN) announced today that it is scheduled to participate in the Jefferies Virtual Healthcare Conference taking place June 2-4, 2020. Kevin C. Clark, Co-Founder and Chief Executive Officer, and William J. Burns, Executive Vice President and Chief Financial Officer, will participate in one-on-one investor meetings. No formal presentation will be made.