In the latest trading session, 2.73 million Cross Country Healthcares, Inc (NASDAQ:CCRN) shares changed hands as the company’s beta touched 0.61. With the company’s most recent per share price at $18.14 changing hands around $6.98 or 62.54% at last look, the market valuation stands at $597.11M. CCRN’s current price is a discount, trading about -30.32% off its 52-week high of $23.64. The share price had its 52-week low at $9.58, which suggests the last value was 47.19% up since then. When we look at Cross Country Healthcares, Inc’s average trading volume, we note the 10-day average is 0.38 million shares, with the 3-month average coming to 787.55K.
Analysts gave the Cross Country Healthcares, Inc (CCRN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.25. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CCRN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Cross Country Healthcares, Inc’s EPS for the current quarter is expected to be 0.11.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Cross Country Healthcares, Inc (NASDAQ:CCRN) trade information
Instantly CCRN is in green as seen in intraday trades today. With action 70.17%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -19.88%, with the 5-day performance at 70.17% in the green. However, in the 30-day time frame, Cross Country Healthcares, Inc (NASDAQ:CCRN) is 61.68% up. Looking at the short shares, we see there were 2.84 million shares sold at short interest cover period of 3.83 days.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 13.62% from its recent market value. According to analyst projections, CCRN’s forecast low is 21 with 21 as the target high. To hit the forecast high, the stock’s price needs a -15.77% plunge from its current level, while the stock would need to soar -15.77% for it to hit the projected low.
Cross Country Healthcares, Inc (CCRN) estimates and forecasts
Data shows that the Cross Country Healthcares, Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 25.54% over the past 6 months, a -76.68% in annual growth rate that is considerably lower than the industry average of -26.00%. Year-over-year growth is forecast to reach -33.59% down from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 307.75M. 6 analysts are of the opinion that Cross Country Healthcares, Inc’s revenue for the current quarter will be 304.95M. The company’s revenue for the corresponding quarters a year ago was 414.04M and 379.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -25.67%. The estimates for the next quarter sales put growth at -19.58%.
The 2024 estimates are for Cross Country Healthcares, Inc earnings to decrease by -76.64%, but the outlook for the next 5-year period is at 10.00% per year.
CCRN Dividends
Cross Country Healthcares, Inc is expected to release its next quarterly earnings report in January.
Cross Country Healthcares, Inc (NASDAQ:CCRN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.58% of Cross Country Healthcares, Inc shares while 110.22% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 116.75%. There are 110.22% institutions holding the Cross Country Healthcares, Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 17.4438% of the shares, roughly 5.92 million CCRN shares worth $81.99 million.
PACER ADVISORS, INC. holds the second largest percentage of outstanding shares, with 13.4006% or 4.55 million shares worth $62.98 million as of 2024-06-30.
