Cross Country Healthcare, Inc. (NASDAQ:CCRN) Given Consensus Rating of “Hold” by Brokerages

Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) have received a consensus rating of “Hold” from the nine analysts that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $12.5325.

A number of research firms have recently commented on CCRN. Wedbush upgraded shares of Cross Country Healthcare from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $11.00 to $15.00 in a report on Thursday, March 19th. Truist Financial set a $10.00 price target on shares of Cross Country Healthcare in a report on Tuesday, December 16th. Zacks Research upgraded shares of Cross Country Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. 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 report on Thursday, March 5th. Finally, Cross Research set a $14.00 price target on shares of Cross Country Healthcare in a report on Thursday, March 5th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CCRN. BNP Paribas Financial Markets grew its holdings in Cross Country Healthcare by 50.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,424 shares of the business services provider’s stock worth $45,000 after acquiring an additional 1,142 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in Cross Country Healthcare by 422.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,586 shares of the business services provider’s stock worth $47,000 after acquiring an additional 2,899 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Cross Country Healthcare during the 4th quarter worth about $46,000. Vazirani Asset Management LLC bought a new position in Cross Country Healthcare during the 3rd quarter worth about $142,000. Finally, Graham Capital Management L.P. bought a new position in Cross Country Healthcare during the 4th quarter worth about $83,000. 96.03% of the stock is currently owned by institutional investors.

Cross Country Healthcare Trading Up 2.6%

Shares of CCRN opened at $9.73 on Tuesday. Cross Country Healthcare has a twelve month low of $7.43 and a twelve month high of $14.99. The company has a market cap of $313.31 million, a P/E ratio of -3.32, a P/E/G ratio of 9.98 and a beta of 0.34. The company’s fifty day simple moving average is $9.11 and its 200-day simple moving average is $9.98.

Cross Country Healthcare (NASDAQ:CCRN) last announced its earnings results on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.09). The firm had revenue of $236.76 million during the quarter, compared to analysts’ expectations of $254.30 million. Cross Country Healthcare had a negative net margin of 9.00% and a positive return on equity of 0.13%. Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. Analysts predict that Cross Country Healthcare will post 0.53 earnings per share for the current fiscal year.

Cross Country Healthcare Company Profile

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.