Cross Country Healthcare, Inc. (NASDAQ:CCRN) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analyst consensus: Hold — Nine analysts average a "Hold" rating (1 sell, 4 hold, 4 buy) with a 12-month price target of about $12.53.
• Recent results missed expectations: CCRN reported a ($0.06) EPS vs. a $0.03 consensus and revenue of $236.8M vs. $254.3M, and set Q1 2026 guidance of approximately -$0.06 to -$0.04 per share.
• Institutional ownership 96.03% with large stakes added by firms like AllianceBernstein and Goldman Sachs; the stock trades around $10.23 (52-week range $7.43–$14.99) and the company has a negative P/E of -3.49 and a market cap of ~$329M.

Cross Country Healthcare, Inc. (NASDAQ:CCRN - Get Free Report) has been assigned a consensus recommendation of "Hold" from the nine analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $12.5325.

A number of research firms have commented on CCRN. Wedbush upgraded shares of Cross Country Healthcare from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from $11.00 to $15.00 in a research report on Thursday, March 19th. Weiss Ratings restated a "sell (e+)" rating on shares of Cross Country Healthcare in a research report on Friday, March 27th. Cross Research set a $14.00 price target on shares of Cross Country Healthcare in a research report on Thursday, March 5th. Benchmark upgraded shares of Cross Country Healthcare from a "hold" rating to a "buy" rating and set a $14.00 price target on the stock in a research report on Thursday, March 5th. Finally, Zacks Research upgraded shares of Cross Country Healthcare from a "strong sell" rating to a "hold" rating in a research report on Monday, January 19th.

Institutional Trading of Cross Country Healthcare

A number of hedge funds and other institutional investors have recently made changes to their positions in CCRN. Alliancebernstein L.P. raised its holdings in shares of Cross Country Healthcare by 4.0% in the 2nd quarter. Alliancebernstein L.P. now owns 2,438,282 shares of the business services provider's stock worth $31,820,000 after purchasing an additional 94,798 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Cross Country Healthcare by 56.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,095,178 shares of the business services provider's stock worth $16,307,000 after purchasing an additional 397,216 shares in the last quarter. Quinn Opportunity Partners LLC bought a new stake in shares of Cross Country Healthcare in the 4th quarter worth approximately $8,470,000. Dana Investment Advisors Inc. raised its holdings in shares of Cross Country Healthcare by 71.2% in the 4th quarter. Dana Investment Advisors Inc. now owns 1,008,525 shares of the business services provider's stock worth $8,169,000 after purchasing an additional 419,429 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Cross Country Healthcare by 28.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 969,458 shares of the business services provider's stock worth $7,853,000 after purchasing an additional 211,925 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors.

Cross Country Healthcare Trading Up 1.1%

CCRN stock opened at $10.23 on Friday. Cross Country Healthcare has a 52 week low of $7.43 and a 52 week high of $14.99. The company has a market capitalization of $329.41 million, a price-to-earnings ratio of -3.49, a price-to-earnings-growth ratio of 10.65 and a beta of 0.35. The firm's 50-day moving average is $9.53 and its two-hundred day moving average is $9.74.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last released its quarterly earnings results on Wednesday, March 4th. The business services provider reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.09). Cross Country Healthcare had a positive return on equity of 0.13% and a negative net margin of 9.00%.The company had revenue of $236.76 million for the quarter, compared to the consensus estimate of $254.30 million. Cross Country Healthcare has set its Q1 2026 guidance at -0.060--0.040 EPS. On average, equities research analysts predict that Cross Country Healthcare will post 0.09 earnings per share for the current year.

About Cross Country Healthcare

Cross Country Healthcare, Inc, headquartered in Boca Raton, Florida, is a leading provider of healthcare workforce solutions in the United States. The company specializes in the recruitment, placement and management of nursing and allied health professionals on both a travel and permanent basis. Through its integrated platform, Cross Country Healthcare serves hospitals, health systems, and long-term care facilities by matching qualified clinical talent with patient care needs across diverse care settings.

The company's core service offerings include travel nurse and allied health staffing, per diem staffing, permanent placement services, and managed services programs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.