Cross Country Healthcares, Inc (CCRN) Stock Up 0.06%: Is It a Good Investment?

Cross Country Healthcares, Inc [CCRN] stock is trading at $18.17, up 0.06%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CCRN shares have gain 1.11% over the last week, with a monthly amount glided 57.73%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Cross Country Healthcares, Inc [NASDAQ: CCRN] stock has seen the most recent analyst activity on December 10, 2024, when Barrington Research downgraded its rating to a Mkt Perform. On November 03, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $21 on the stock. William Blair started tracking the stock assigning a Outperform rating. Loop Capital initiated its recommendation with a Buy and recommended $30 as its price target on March 10, 2023. Truist downgraded its rating to Hold for this stock on October 05, 2022, but kept the price target unchanged to $36. In a note dated January 27, 2022, Jefferies upgraded an Buy rating on this stock and boosted its target price from $18 to $27.

Cross Country Healthcares, Inc [CCRN] stock has fluctuated between $9.58 and $23.64 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Cross Country Healthcares, Inc [NASDAQ: CCRN] shares were valued at $18.17 at the most recent close of the market. An investor can expect a potential return of 15.58% based on the average CCRN price forecast.

Analyzing the CCRN fundamentals

Cross Country Healthcares, Inc [NASDAQ:CCRN] reported sales of 1.45B for the trailing twelve months, which represents a drop of -28.75%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.02.

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 18.05 points at the first support level, and at 17.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.23, and for the 2nd resistance point, it is at 18.30.

Ratios To Look Out For

For context, Cross Country Healthcares, Inc’s Current Ratio is 2.79. In addition, the Quick Ratio stands at 2.79 and the Cash Ratio stands at 0.53. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 1.39.

Transactions by insiders

Recent insider trading involved Grieco Cynthia Ann, VP, Corporate Treasurer, that happened on Aug 02 ’24 when 1945.0 shares were sold. Pres., Cross Country Locums, Mote Karen completed a deal on Aug 02 ’24 to sell 13829.0 shares. Meanwhile, Group President, Delivery Krug Marc S. sold 13657.0 shares on May 30 ’24.

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