Investment Analysts’ Weekly Ratings Updates for Cross Country Healthcare (CCRN)

Cross Country Healthcare (NASDAQ: CCRN) has recently received a number of price target changes and ratings updates:

  • 11/7/2017 – Cross Country Healthcare is now covered by analysts at Credit Suisse Group. They set a “neutral” rating and a $13.00 price target on the stock.
  • 11/6/2017 – Cross Country Healthcare had its price target lowered by analysts at BMO Capital Markets from $15.00 to $14.00. They now have an “outperform” rating on the stock.
  • 11/3/2017 – Cross Country Healthcare was downgraded by analysts at TheStreet from a “b-” rating to a “c+” rating.
  • 11/1/2017 – Cross Country Healthcare had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $18.00 price target on the stock. They wrote, “CCRN positioned the July 2017 acquisition of Advantage RN as a positive, and 3Q17 results released 11/1 bear that out, with stronger revenue and higher margins than we had expected (on a pro-forma basis).””
  • 10/9/2017 – Cross Country Healthcare was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Cross Country, Inc. is a provider of healthcare staffing services. They also provide staffing of clinical research professionals and allied healthcare professionals, such as radiology technicians, rehabilitation therapists and respiratory therapists. Their staffing operations are complemented by other human capital management services, including search and recruitment, consulting, education and training and resource management services. “
  • 10/3/2017 – Cross Country Healthcare was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Cross Country, Inc. is a provider of healthcare staffing services. They also provide staffing of clinical research professionals and allied healthcare professionals, such as radiology technicians, rehabilitation therapists and respiratory therapists. Their staffing operations are complemented by other human capital management services, including search and recruitment, consulting, education and training and resource management services. “
  • 9/27/2017 – Cross Country Healthcare was upgraded by analysts at TheStreet from a “c+” rating to a “b” rating.

Cross Country Healthcare, Inc. (CCRN) traded up $0.38 during mid-day trading on Monday, hitting $12.22. The stock had a trading volume of 265,700 shares, compared to its average volume of 232,888. The company has a market capitalization of $445.80, a P/E ratio of 19.09, a P/E/G ratio of 1.09 and a beta of 0.77. Cross Country Healthcare, Inc. has a 12 month low of $11.07 and a 12 month high of $16.38. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.46.

Cross Country Healthcare (NASDAQ:CCRN) last announced its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. Cross Country Healthcare had a return on equity of 11.69% and a net margin of 0.19%. The business had revenue of $228.50 million during the quarter, compared to analysts’ expectations of $228.97 million. During the same period in the previous year, the firm earned $0.24 earnings per share. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. analysts predict that Cross Country Healthcare, Inc. will post 0.64 EPS for the current year.

In other news, insider William J. Grubbs sold 49,113 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $12.16, for a total value of $597,214.08. Following the transaction, the insider now owns 395,188 shares of the company’s stock, valued at $4,805,486.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas C. Dircks purchased 10,000 shares of Cross Country Healthcare stock in a transaction that occurred on Monday, November 6th. The shares were bought at an average cost of $11.77 per share, for a total transaction of $117,700.00. Following the transaction, the director now directly owns 104,571 shares of the company’s stock, valued at $1,230,800.67. The disclosure for this purchase can be found here. Insiders own 3.90% of the company’s stock.

Cross Country Healthcare, Inc is engaged in providing healthcare recruiting, staffing, recruiting and workforce solutions. The Company operates in three segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. The Nurse and Allied Staffing segment provides traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing.

Receive News & Ratings for Cross Country Healthcare Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cross Country Healthcare Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply