Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) - Stock analysts at Barrington Research issued their FY2024 earnings per share (EPS) estimates for Cross Country Healthcare in a note issued to investors on Tuesday, December 10th. Barrington Research analyst K. Steinke forecasts that the business services provider will post earnings of $0.54 per share for the year. Barrington Research has a "Market Perform" rating on the stock. The consensus estimate for Cross Country Healthcare's current full-year earnings is $0.52 per share. Barrington Research also issued estimates for Cross Country Healthcare's Q4 2024 earnings at $0.12 EPS and FY2025 earnings at $0.55 EPS.
Several other analysts have also issued reports on the stock. Truist Financial increased their price target on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a research report on Thursday, December 5th. Benchmark lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Finally, William Blair downgraded Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $18.54.
Read Our Latest Stock Analysis on CCRN
Cross Country Healthcare Trading Up 0.1 %
CCRN stock traded up $0.02 during mid-day trading on Thursday, hitting $18.06. The stock had a trading volume of 662,852 shares, compared to its average volume of 603,832. The firm has a fifty day simple moving average of $12.36 and a 200 day simple moving average of $13.82. The firm has a market capitalization of $594.48 million, a P/E ratio of -361.20, a P/E/G ratio of 3.45 and a beta of 0.61. Cross Country Healthcare has a 52 week low of $9.58 and a 52 week high of $23.64.
Institutional Trading of Cross Country Healthcare
Hedge funds and other institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. grew its holdings in Cross Country Healthcare by 3.8% during the 2nd quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider's stock worth $62,984,000 after acquiring an additional 165,032 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Cross Country Healthcare by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider's stock worth $32,662,000 after purchasing an additional 24,363 shares during the period. Systematic Financial Management LP grew its stake in shares of Cross Country Healthcare by 8.5% in the third quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider's stock worth $22,347,000 after purchasing an additional 130,746 shares during the last quarter. State Street Corp grew its stake in shares of Cross Country Healthcare by 0.5% in the third quarter. State Street Corp now owns 1,334,353 shares of the business services provider's stock worth $17,934,000 after purchasing an additional 6,582 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in Cross Country Healthcare by 51.4% in the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider's stock valued at $15,222,000 after purchasing an additional 384,374 shares during the period. 96.03% of the stock is currently owned by institutional investors.
Cross Country Healthcare Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Cross Country Healthcare, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cross Country Healthcare wasn't on the list.
While Cross Country Healthcare currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
