Cross Country Healthcares, Inc. [CCRN] stock prices are up 2.53% to $18.64 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CCRN shares have gain 2.03% over the last week, with a monthly amount drifted -8.52%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Jefferies downgraded its rating to Hold on November 03, 2023, and dropped its price target to $21. On June 26, 2023, William Blair initiated with a Outperform rating. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $30 on March 10, 2023. Truist downgraded its rating to a Hold but $36 remained the price target by the analyst firm on October 05, 2022. Jefferies upgraded its rating to Buy for this stock on January 27, 2022, and upped its price target to $27. In a note dated August 05, 2021, The Benchmark Company upgraded an Buy rating on this stock but restated the target price of $22.
The stock price of Cross Country Healthcares, Inc. [CCRN] has been fluctuating between $15.65 and $28.75 over the past year. Cross Country Healthcares, Inc. [NASDAQ: CCRN] shares were valued at $18.64 at the most recent close of the market.
Analyzing the CCRN fundamentals
The Cross Country Healthcares, Inc. [NASDAQ:CCRN] reported sales of 2.02B for trailing twelve months, representing a drop of -34.09%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.16 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.11 points at the first support level, and at 17.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.02, and for the 2nd resistance point, it is at 19.41.
Ratios To Look Out For
It’s worth pointing out that Cross Country Healthcares, Inc. [NASDAQ:CCRN]’s Current Ratio is 2.79. As well, the Quick Ratio is 2.79, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 1.35 and price to earnings (TTM) ratio is 9.18.
Transactions by insiders
Recent insider trading involved McDonald Colin Patrick, Chief Human Resources Officer, that happened on Feb 23 ’24 when 4000.0 shares were sold. VP, Corporate Treasurer, Grieco Cynthia Ann completed a deal on Nov 28 ’23 to sell 1000.0 shares. Meanwhile, General Counsel and Secretary Ball Susan E sold 9559.0 shares on Nov 22 ’23.
