Cross Country Healthcare (NASDAQ:CCRN) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• Technical breakout: CCRN crossed above its 200‑day moving average of $9.95, trading as high as $10.05 and last at $10.04 on a volume of 408,789 shares.
• Mixed analyst view: Four analysts rate the stock Buy, four Hold and one Sell, leaving a consensus rating of "Hold" with an average target price of $12.53, though Wedbush and Cross Research recently raised targets to $15 and $14 respectively.
• Weak fundamentals: The company missed quarterly EPS (reported ($0.06) vs $0.03 expected), posted revenue below estimates, has a negative net margin (-9.0%) and negative P/E (-3.43), and guided Q1 2026 EPS to -0.060–-0.040.

Cross Country Healthcare, Inc. (NASDAQ:CCRN - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.95 and traded as high as $10.05. Cross Country Healthcare shares last traded at $10.04, with a volume of 408,789 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Cross Research set a $14.00 price target on shares of Cross Country Healthcare in a research note on Thursday, March 5th. Wedbush raised Cross Country Healthcare from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $11.00 to $15.00 in a research note on Thursday, March 19th. Citigroup reissued a "market outperform" rating on shares of Cross Country Healthcare in a report on Friday, December 19th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Cross Country Healthcare in a research report on Friday, March 27th. Finally, Zacks Research upgraded shares of Cross Country Healthcare from a "strong sell" rating to a "hold" rating in a report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $12.53.

Cross Country Healthcare Stock Up 2.8%

The company has a 50 day moving average of $9.14 and a two-hundred day moving average of $9.95. The firm has a market cap of $323.28 million, a P/E ratio of -3.43, a PEG ratio of 10.28 and a beta of 0.34.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last issued its quarterly earnings results on Wednesday, March 4th. The business services provider reported ($0.06) EPS for the quarter, missing the consensus estimate 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 business had revenue of $236.76 million during 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. Research analysts expect that Cross Country Healthcare, Inc. will post 0.53 earnings per share for the current fiscal year.

Institutional Trading of Cross Country Healthcare

Large investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. grew its position in Cross Country Healthcare by 4.0% in the second quarter. Alliancebernstein L.P. now owns 2,438,282 shares of the business services provider's stock worth $31,820,000 after buying an additional 94,798 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Cross Country Healthcare by 56.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,095,178 shares of the business services provider's stock valued at $16,307,000 after acquiring an additional 397,216 shares during the last quarter. Quinn Opportunity Partners LLC bought a new stake in shares of Cross Country Healthcare during the 4th quarter worth $8,470,000. Dana Investment Advisors Inc. boosted its stake in shares of Cross Country Healthcare by 71.2% during 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 acquiring an additional 419,429 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew 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 acquiring an additional 211,925 shares during the last quarter. 96.03% of the stock is currently owned by institutional investors.

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.

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