Cross Country Healthcare, Inc. (NASDAQ:CCRN) Receives Average Rating of “Hold” from Analysts

Cross Country Healthcare, Inc. (NASDAQ:CCRN) has been assigned an average recommendation of “Hold” from the four brokerages that are covering the company, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $18.54.

A number of brokerages have weighed in on CCRN. Truist Financial boosted their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. William Blair cut shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a report on Wednesday. They set a “hold” rating for the company.

Institutional Investors Weigh In On Cross Country Healthcare

A number of institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its holdings in Cross Country Healthcare by 3.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 304,956 shares of the business services provider’s stock valued at $4,221,000 after purchasing an additional 9,090 shares during the period. Victory Capital Management Inc. grew its position in Cross Country Healthcare by 15.4% during the second quarter. Victory Capital Management Inc. now owns 136,075 shares of the business services provider’s stock worth $1,883,000 after buying an additional 18,152 shares in the last quarter. American Century Companies Inc. raised its holdings in Cross Country Healthcare by 15.9% in the 2nd quarter. American Century Companies Inc. now owns 772,834 shares of the business services provider’s stock valued at $10,696,000 after acquiring an additional 106,226 shares in the last quarter. BOKF NA lifted its position in shares of Cross Country Healthcare by 124.6% during the 2nd quarter. BOKF NA now owns 30,045 shares of the business services provider’s stock valued at $416,000 after acquiring an additional 16,670 shares during the period. Finally, WINTON GROUP Ltd grew its holdings in shares of Cross Country Healthcare by 50.6% during the 2nd quarter. WINTON GROUP Ltd now owns 22,811 shares of the business services provider’s stock worth $316,000 after purchasing an additional 7,660 shares in the last quarter. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Price Performance

Cross Country Healthcare stock opened at $18.12 on Friday. The company’s 50-day moving average is $15.37 and its 200-day moving average is $14.45. The firm has a market capitalization of $596.51 million, a PE ratio of -362.33, a P/E/G ratio of 3.35 and a beta of 0.46. Cross Country Healthcare has a fifty-two week low of $9.58 and a fifty-two week high of $23.15.

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.