Q2 Earnings Estimate for CCRN Issued By Barrington Research

Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) - Equities researchers at Barrington Research reduced their Q2 2025 earnings per share (EPS) estimates for Cross Country Healthcare in a research note issued on Tuesday, June 17th. Barrington Research analyst K. Steinke now anticipates that the business services provider will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.09. Barrington Research has a "Market Perform" rating and a $18.61 price objective on the stock. The consensus estimate for Cross Country Healthcare's current full-year earnings is $0.53 per share. Barrington Research also issued estimates for Cross Country Healthcare's Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.26 EPS.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last announced its earnings results on Wednesday, May 7th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.02. Cross Country Healthcare had a negative net margin of 1.41% and a positive return on equity of 2.56%. During the same quarter last year, the business earned $0.19 EPS. Cross Country Healthcare's revenue for the quarter was down 22.6% compared to the same quarter last year.

Several other equities research analysts have also recently commented on the company. UBS Group lowered their target price on Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Wall Street Zen began coverage on Cross Country Healthcare in a research note on Thursday, May 15th. They issued a "hold" rating for the company. Seven analysts have rated the stock with a hold rating, According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $17.93.

Cross Country Healthcare Price Performance

Shares of CCRN stock traded down $0.22 during trading hours on Thursday, reaching $14.03. 1,074,278 shares of the company were exchanged, compared to its average volume of 576,821. The stock's fifty day moving average is $13.69 and its two-hundred day moving average is $15.89. The company has a market cap of $459.90 million, a price-to-earnings ratio of -26.47, a P/E/G ratio of 4.30 and a beta of 0.37. Cross Country Healthcare has a fifty-two week low of $9.58 and a fifty-two week high of $18.50.

Institutional Investors Weigh In On Cross Country Healthcare

A number of institutional investors have recently made changes to their positions in CCRN. Quadrant Capital Group LLC acquired a new stake in shares of Cross Country Healthcare during the fourth quarter worth $25,000. Plato Investment Management Ltd acquired a new stake in shares of Cross Country Healthcare during the fourth quarter worth $46,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Cross Country Healthcare during the first quarter worth $59,000. AlphaQuest LLC grew its stake in shares of Cross Country Healthcare by 324.6% during the first quarter. AlphaQuest LLC now owns 8,297 shares of the business services provider's stock worth $124,000 after purchasing an additional 6,343 shares during the period. Finally, Mint Tower Capital Management B.V. acquired a new stake in shares of Cross Country Healthcare during the fourth quarter worth $182,000. 96.03% of the stock is owned by institutional investors and hedge funds.

About Cross Country Healthcare

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company's Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.