Headlines about Cross Country Healthcare (NASDAQ:CCRN) have been trending somewhat negative recently, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cross Country Healthcare earned a media sentiment score of -0.13 on AlphaOne’s scale. AlphaOne also gave news articles about the business services provider an impact score of 66 out of 100, indicating that recent media coverage is likely to have an impact on the company’s share price in the near future.
Cross Country Healthcare (NASDAQ:CCRN) traded up 0.550% during trading on Friday, hitting $11.885. The stock had a trading volume of 202,277 shares. Cross Country Healthcare has a 52-week low of $10.54 and a 52-week high of $16.38. The company has a 50-day moving average of $12.80 and a 200 day moving average of $14.26. The firm’s market cap is $433.01 million.
Cross Country Healthcare (NASDAQ:CCRN) last released its quarterly earnings results on Wednesday, May 3rd. The business services provider reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.04. The company had revenue of $207.57 million during the quarter, compared to analyst estimates of $212.43 million. Cross Country Healthcare had a return on equity of 25.48% and a net margin of 1.21%. On average, equities research analysts predict that Cross Country Healthcare will post $0.63 earnings per share for the current fiscal year.
CCRN has been the subject of several recent analyst reports. Benchmark Co. reduced their target price on Cross Country Healthcare from $19.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, May 4th. BMO Capital Markets restated a “buy” rating and set a $18.00 target price on shares of Cross Country Healthcare in a research report on Wednesday, April 5th. Lake Street Capital initiated coverage on Cross Country Healthcare in a research report on Wednesday, February 15th. They set a “buy” rating and a $17.00 target price for the company. TheStreet cut Cross Country Healthcare from a “b-” rating to a “c” rating in a research report on Thursday, March 2nd. Finally, Zacks Investment Research cut Cross Country Healthcare from a “buy” rating to a “hold” rating in a report on Tuesday, March 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $16.58.
About Cross Country Healthcare
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.
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