William Blair Issues Pessimistic Outlook for CCRN Earnings

Key Points

• William Blair has significantly reduced its Q3 2025 EPS estimate for Cross Country Healthcare from $0.15 to $0.03, which reflects a concerning outlook for the company.
• Cross Country Healthcare recently reported a Q2 earnings miss, with earnings of ($0.01) per share against expectations of $0.07, alongside lower-than-anticipated revenue of $274.07 million.
• Investment analysts exhibit a cautious stance on Cross Country Healthcare, exemplified by UBS Group's adjustment of their price target from $18.61 to $16.50 while maintaining a "neutral" rating.

Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) - William Blair dropped their Q3 2025 earnings per share estimates for shares of Cross Country Healthcare in a research report issued to clients and investors on Wednesday, August 6th. William Blair analyst T. Romeo now forecasts that the business services provider will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.15. The consensus estimate for Cross Country Healthcare's current full-year earnings is $0.53 per share. William Blair also issued estimates for Cross Country Healthcare's Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.11 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.16 EPS.

Other research analysts have also issued reports about the company. UBS Group dropped their price target on Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Wall Street Zen raised Cross Country Healthcare to a "hold" rating in a research report on Saturday, August 9th. Finally, Barrington Research reaffirmed a "market perform" rating and issued a $18.61 target price on shares of Cross Country Healthcare in a research report on Tuesday, June 17th. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $17.93.

Cross Country Healthcare Price Performance

Shares of CCRN traded down $0.03 during midday trading on Monday, reaching $13.08. The stock had a trading volume of 80,225 shares, compared to its average volume of 342,726. Cross Country Healthcare has a 52 week low of $9.58 and a 52 week high of $18.33. The firm's 50 day moving average price is $13.08 and its 200-day moving average price is $14.57. The company has a market capitalization of $428.53 million, a P/E ratio of -50.31, a P/E/G ratio of 5.55 and a beta of 0.35.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The business services provider reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.08). Cross Country Healthcare had a positive return on equity of 1.72% and a negative net margin of 0.70%. The firm had revenue of $274.07 million during the quarter, compared to the consensus estimate of $292.67 million.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Alpine Associates Management Inc. boosted its stake in Cross Country Healthcare by 115.6% during the 1st quarter. Alpine Associates Management Inc. now owns 1,252,524 shares of the business services provider's stock valued at $18,650,000 after purchasing an additional 671,492 shares during the period. KLP Kapitalforvaltning AS lifted its position in shares of Cross Country Healthcare by 27.6% in the 1st quarter. KLP Kapitalforvaltning AS now owns 41,600 shares of the business services provider's stock worth $619,000 after acquiring an additional 9,000 shares during the period. GSA Capital Partners LLP bought a new stake in shares of Cross Country Healthcare in the 1st quarter worth approximately $952,000. GAMMA Investing LLC lifted its position in shares of Cross Country Healthcare by 1,164.0% in the 1st quarter. GAMMA Investing LLC now owns 29,944 shares of the business services provider's stock worth $446,000 after acquiring an additional 27,575 shares during the period. Finally, Principal Financial Group Inc. lifted its position in shares of Cross Country Healthcare by 2.7% in the 1st quarter. Principal Financial Group Inc. now owns 31,821 shares of the business services provider's stock worth $474,000 after acquiring an additional 827 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.

Cross Country Healthcare Company Profile

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.