Cross Country Healthcare (NASDAQ:CCRN) Upgraded at Benchmark

Benchmark upgraded shares of Cross Country Healthcare (NASDAQ:CCRN) from a hold rating to a buy rating in a research report released on Thursday, Marketbeat reports. They currently have $14.00 price target on the business services provider’s stock.

CCRN has been the subject of a number of other research reports. Citizens Jmp set a $11.00 price target on shares of Cross Country Healthcare in a report on Thursday, December 4th. Citigroup restated a “market outperform” rating on shares of Cross Country Healthcare in a research report on Friday, December 19th. Jefferies Financial Group set a $8.65 target price on shares of Cross Country Healthcare and gave the company a “hold” rating in a report on Thursday, December 4th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Cross Country Healthcare in a research report on Monday, December 29th. Finally, UBS Group lowered their price target on Cross Country Healthcare from $16.50 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, December 9th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.03.

Cross Country Healthcare Price Performance

CCRN opened at $9.82 on Thursday. Cross Country Healthcare has a 12 month low of $7.43 and a 12 month high of $16.18. The stock has a market capitalization of $321.70 million, a P/E ratio of -3.35, a P/E/G ratio of 7.22 and a beta of 0.42. The business has a 50 day simple moving average of $8.69 and a 200-day simple moving average of $10.72.

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

Institutional Investors Weigh In On Cross Country Healthcare

A number of large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets raised its holdings in shares of Cross Country Healthcare by 50.0% in the second 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 during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Cross Country Healthcare by 422.0% during the second quarter. Tower Research Capital LLC TRC now owns 3,586 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 2,899 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Cross Country Healthcare during the 4th quarter worth about $46,000. Vazirani Asset Management LLC acquired a new position in Cross Country Healthcare in the 3rd quarter valued at about $142,000. Finally, Graham Capital Management L.P. purchased a new position in Cross Country Healthcare in the 4th quarter valued at about $83,000. Institutional investors and hedge funds own 96.03% of the company’s stock.

About Cross Country Healthcare

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.