Cross Country Healthcare, Inc. (NASDAQ:CCRN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.82 and traded as high as $10.16. Cross Country Healthcare shares last traded at $9.96, with a volume of 178,682 shares.
Analyst Ratings Changes
Several research analysts have recently commented on CCRN shares. Benchmark raised shares of Cross Country Healthcare from a "hold" rating to a "buy" rating and set a $14.00 price target for the company in a report on Thursday, March 5th. Wedbush raised Cross Country Healthcare from a "neutral" rating to an "outperform" rating and upped their target price for the company from $11.00 to $15.00 in a report on Thursday, March 19th. Weiss Ratings reiterated a "sell (e+)" rating on shares of Cross Country Healthcare in a research report on Friday, March 27th. Zacks Research raised Cross Country Healthcare from a "strong sell" rating to a "hold" rating in a report on Monday, January 19th. Finally, Cross Research set a $14.00 price objective on Cross Country Healthcare in a research report on Thursday, March 5th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Cross Country Healthcare currently has a consensus rating of "Hold" and a consensus price target of $12.53.
Read Our Latest Research Report on CCRN
Cross Country Healthcare Stock Performance
The stock has a 50 day moving average price of $9.33 and a 200 day moving average price of $9.82. The company has a market cap of $320.71 million, a P/E ratio of -3.40, a P/E/G ratio of 10.74 and a beta of 0.34.
Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last released its earnings results on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share (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 firm had revenue of $236.76 million for the quarter, compared to analyst estimates of $254.30 million. Cross Country Healthcare has set its Q1 2026 guidance at -0.060--0.040 EPS. As a group, equities research analysts predict that Cross Country Healthcare, Inc. will post 0.09 earnings per share for the current year.
Institutional Trading of Cross Country Healthcare
A number of large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets raised its position in shares of Cross Country Healthcare by 50.0% during the second quarter. BNP Paribas Financial Markets now owns 3,424 shares of the business services provider's stock worth $45,000 after purchasing an additional 1,142 shares during the period. Gabelli Funds LLC boosted its position in shares of Cross Country Healthcare by 0.4% in the 4th quarter. Gabelli Funds LLC now owns 368,632 shares of the business services provider's stock valued at $2,986,000 after purchasing an additional 1,348 shares during the period. Bank of America Corp DE boosted its position in shares of Cross Country Healthcare by 3.1% in the 2nd quarter. Bank of America Corp DE now owns 73,321 shares of the business services provider's stock valued at $957,000 after purchasing an additional 2,198 shares during the period. Strs Ohio increased its stake in Cross Country Healthcare by 6.0% in the 3rd quarter. Strs Ohio now owns 44,000 shares of the business services provider's stock worth $625,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Brooklyn Investment Group increased its stake in Cross Country Healthcare by 25.4% in the 4th quarter. Brooklyn Investment Group now owns 13,267 shares of the business services provider's stock worth $109,000 after purchasing an additional 2,684 shares in the last quarter. 96.03% of the stock is currently owned by institutional investors.
Cross Country Healthcare Company Profile
(
Get Free Report)
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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