Home  »  Technologies   »  Buy, Sell Or Hold Cross Country Healthcare Inc. (N...

Buy, Sell Or Hold Cross Country Healthcare Inc. (NASDAQ:CCRN) At $27.28?

In last trading session, Cross Country Healthcare Inc. (NASDAQ:CCRN) saw 1.13 million shares changing hands with its beta currently measuring 1.00. Company’s recent per share price level of $27.28 trading at -$1.76 or -6.06% at ring of the bell on the day assigns it a market valuation of $1.03B. That closing price of CCRN’s stock is at a discount of -11.84% from its 52-week high price of $30.51 and is indicating a premium of 44.06% from its 52-week low price of $15.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.05 million shares which gives us an average trading volume of 817.56K if we extend that period to 3-months.

For Cross Country Healthcare Inc. (CCRN), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.30. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 4 see the stock as a Buy. 1 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $1.35 in the current quarter.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.


Cross Country Healthcare Inc. (NASDAQ:CCRN) trade information

Upright in the red during last session for losing -6.06%, in the last five days CCRN remained trading in the red while hitting it’s week-highest on Wednesday, 09/21/22 when the stock touched $27.28 price level, adding 9.01% to its value on the day. Cross Country Healthcare Inc.’s shares saw a change of -1.73% in year-to-date performance and have moved -6.86% in past 5-day. Cross Country Healthcare Inc. (NASDAQ:CCRN) showed a performance of 10.53% in past 30-days. Number of shares sold short was 2.86 million shares which calculate 4.85 days to cover the short interests.

Cross Country Healthcare Inc. (CCRN) estimates and forecasts

Statistics highlight that Cross Country Healthcare Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 22.72% of value to its shares in past 6 months, showing an annual growth rate of 56.54% while that of industry is 24.10. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 187.20% in the current quarter and calculating 49.20% increase in the next quarter. This year revenue growth is estimated to rise 57.50% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $740.93 million for the same. And 7 analysts are in estimates of company making revenue of $587.1 million in the next quarter that will end on Sep 2022.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 74.20% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 53.30% while estimates for its earnings growth in next 5 years are of 10.00%.

CCRN Dividends

Cross Country Healthcare Inc. is more likely to be releasing its next quarterly report between February 22 and February 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Cross Country Healthcare Inc. (NASDAQ:CCRN)’s Major holders

Insiders are in possession of 5.43% of company’s total shares while institution are holding 95.63 percent of that, with stock having share float percentage of 101.12%. Investors also watch the number of corporate investors in a company very closely, which is 95.63% institutions for Cross Country Healthcare Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at CCRN for having 5.95 million shares of worth $128.91 million. And as of Mar 30, 2022, it was holding 15.57% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 2.63 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 6.89% of outstanding shares, having a total worth of $57.09 million.

On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 2.54 million shares of worth $52.87 million or 6.64% of the total outstanding shares. The later fund manager was in possession of 1.02 million shares on Mar 30, 2022, making its stake of worth around $22.11 million in the company or a holder of 2.67% of company’s stock.

Leave a Comment

Your email address will not be published.

On Key

Related Posts