Cross Country Healthcare (CCRN) Scheduled to Post Quarterly Earnings on Wednesday

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) is set to release its earnings data after the market closes on Wednesday, November 6th. Analysts expect Cross Country Healthcare to post earnings of $0.10 per share for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last issued its earnings results on Wednesday, July 31st. The business services provider reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.04). Cross Country Healthcare had a return on equity of 7.29% and a net margin of 0.54%. The firm had revenue of $339.77 million during the quarter, compared to analyst estimates of $334.75 million. During the same period in the previous year, the company earned $0.69 earnings per share. The business's revenue for the quarter was down 37.2% on a year-over-year basis. On average, analysts expect Cross Country Healthcare to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cross Country Healthcare Price Performance

Shares of CCRN stock traded down $0.06 during trading on Wednesday, reaching $11.78. The company had a trading volume of 141,903 shares, compared to its average volume of 524,076. The company has a market capitalization of $409.64 million, a PE ratio of 9.11, a PEG ratio of 2.37 and a beta of 0.63. Cross Country Healthcare has a one year low of $11.46 and a one year high of $23.64. The firm's 50 day simple moving average is $13.47 and its two-hundred day simple moving average is $14.63.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Truist Financial dropped their target price on shares of Cross Country Healthcare from $17.00 to $15.00 and set a "hold" rating for the company in a research note on Monday, October 21st. Barrington Research cut their price target on Cross Country Healthcare from $21.00 to $19.00 and set an "outperform" rating on the stock in a report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Cross Country Healthcare currently has a consensus rating of "Hold" and a consensus price target of $19.20.

Insider Buying and Selling

In related news, VP Cynthia Ann Grieco sold 1,945 shares of Cross Country Healthcare stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $17.21, for a total value of $33,473.45. Following the sale, the vice president now owns 7,605 shares of the company's stock, valued at approximately $130,882.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Cross Country Healthcare news, insider Karen Mote sold 13,829 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $17.08, for a total transaction of $236,199.32. Following the transaction, the insider now directly owns 24,696 shares in the company, valued at $421,807.68. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Cynthia Ann Grieco sold 1,945 shares of the stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $17.21, for a total value of $33,473.45. Following the sale, the vice president now directly owns 7,605 shares of the company's stock, valued at approximately $130,882.05. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 4.90% of the stock is currently owned by corporate insiders.

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.