Recent Investment Analysts’ Ratings Changes for Cross Country Healthcare (CCRN)

Several brokerages have updated their recommendations and price targets on shares of Cross Country Healthcare (NASDAQ: CCRN) in the last few weeks:

• 12/14/2024 – Cross Country Healthcare is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 12/10/2024 – Cross Country Healthcare had its “market perform” rating reaffirmed by analysts at Barrington Research.
• 12/5/2024 – Cross Country Healthcare had its price target raised by analysts at Truist Financial Co. from $15.00 to $18.61. They now have a “hold” rating on the stock.
• 12/4/2024 – Cross Country Healthcare was downgraded by analysts at William Blair from a “strong-buy” rating to a “hold” rating.
• 12/4/2024 – Cross Country Healthcare was downgraded by analysts at Benchmark Co. from a “strong-buy” rating to a “hold” rating.
• 11/7/2024 – Cross Country Healthcare had its price target lowered by analysts at Benchmark Co. from $19.00 to $18.00. They now have a “buy” rating on the stock.
• 10/21/2024 – Cross Country Healthcare had its price target lowered by analysts at Truist Financial Co. from $17.00 to $15.00. They now have a “hold” rating on the stock.

Cross Country Healthcare Stock Performance

Shares of NASDAQ:CCRN opened at $17.92 on Friday. The firm has a market cap of $589.87 million, a price-to-earnings ratio of -358.33, a P/E/G ratio of 3.39 and a beta of 0.61. The firm has a fifty day moving average price of $12.93 and a 200 day moving average price of $13.93. Cross Country Healthcare, Inc. has a fifty-two week low of $9.58 and a fifty-two week high of $23.64.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Cross Country Healthcare in the third quarter worth about $7,350,000. Royce & Associates LP increased its stake in Cross Country Healthcare by 51.4% in the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after acquiring an additional 384,374 shares during the last quarter. Pacer Advisors Inc. increased its stake in Cross Country Healthcare by 3.8% in 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. Jane Street Group LLC raised its holdings in shares of Cross Country Healthcare by 337.6% during the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after acquiring an additional 140,013 shares in the last quarter. Finally, Systematic Financial Management LP boosted its position in shares of Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock valued at $22,347,000 after acquiring an additional 130,746 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

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.