Barrington Research Estimates CCRN FY2024 Earnings

Cross Country Healthcare, Inc. (NASDAQ:CCRN) – Equities researchers at Barrington Research issued their FY2024 earnings per share (EPS) estimates for Cross Country Healthcare in a report issued on Tuesday, December 10th. Barrington Research analyst K. Steinke forecasts that the business services provider will post earnings per share of $0.54 for the year. Barrington Research currently 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.

Other equities analysts also recently issued reports about the stock. William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Truist Financial upped their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a report on Thursday, December 5th. Finally, Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Four research analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $18.54.

Cross Country Healthcare Trading Up 0.1 %

NASDAQ:CCRN opened at $18.06 on Thursday. The company 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 12 month low of $9.58 and a 12 month high of $23.64. The business’s 50-day moving average is $12.36 and its 200 day moving average is $13.82.

Institutional Investors Weigh In On Cross Country Healthcare

A number of institutional investors have recently bought and sold shares of the stock. Truvestments Capital LLC acquired a new stake in Cross Country Healthcare in the third quarter valued at $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cross Country Healthcare in the 3rd quarter valued at about $49,000. nVerses Capital LLC purchased a new stake in Cross Country Healthcare during the second quarter valued at about $50,000. Point72 DIFC Ltd purchased a new stake in Cross Country Healthcare during the third quarter valued at about $52,000. Finally, Gladius Capital Management LP lifted its position in shares of Cross Country Healthcare by 83.4% in the third quarter. Gladius Capital Management LP now owns 3,985 shares of the business services provider’s stock worth $54,000 after purchasing an additional 1,812 shares in the last quarter. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

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.