Cross Country Healthcare saw its merger with Aya Healthcare collapse after the government shutdown pushed back the HSR waiting period expiration date. CCRN will receive a $20 million termination fee from Aya, adding to an already formidable cash position. Management has announced that it will immediately undergo up to $40 million in share buybacks, capitalizing on a low stock price.
Cross Country Healthcare (CCRN) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.12 per share a year ago.
Investors interested in Staffing Firms stocks are likely familiar with Kelly Services (KELYA) and Cross Country Healthcare (CCRN). But which of these two companies is the best option for those looking for undervalued stocks?
| Health Care Providers & Services Industry | Healthcare Sector | John A. Martins CEO | XBER Exchange | US2274831047 ISIN |
| US Country | 9,605 Employees | - Last Dividend | - Last Split | 25 Oct 2001 IPO Date |
Cross Country Healthcare, Inc. is a prominent provider of talent management and consultative services specifically catered to the healthcare sector within the United States. Established in 1986 and based in Boca Raton, Florida, the company specializes in offering a comprehensive range of staffing solutions aimed at addressing the varying needs of healthcare clients. These include healthcare facilities ranging from public and private acute care and non-acute care hospitals to government facilities and managed care organizations. Cross Country Healthcare stands as a critical partner for healthcare providers, ensuring access to a wide array of healthcare professionals to meet demand in various settings.
The company’s services are categorized broadly under two segments, each addressing different aspects of healthcare staffing and consulting needs:
This segment focuses on providing a versatile range of staffing solutions that cater to the needs of travel and local nurses, allied professionals, healthcare leaders, and other healthcare-related positions. The offerings under this category include:
This segment is dedicated to fulfilling the demand for temporary physicians, certified registered nurse anesthetists, nurse practitioners, and physician assistants across various specialties. The services under this category are designed to support: