Cross Country Healthcare (CCRN) Given News Impact Rating of 0.02

News headlines about Cross Country Healthcare (NASDAQ:CCRN) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cross Country Healthcare earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 46.3286444580913 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Several equities research analysts recently weighed in on the company. Zacks Investment Research cut Cross Country Healthcare from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. TheStreet upgraded Cross Country Healthcare from a “c+” rating to a “b” rating in a report on Wednesday, September 27th. BidaskClub cut Cross Country Healthcare from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th. Finally, Benchmark Co. dropped their target price on Cross Country Healthcare from $18.00 to $17.00 and set a “buy” rating for the company in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. Cross Country Healthcare presently has a consensus rating of “Hold” and a consensus price target of $15.64.

Shares of Cross Country Healthcare (CCRN) traded up 1.43% during midday trading on Wednesday, reaching $13.52. The company had a trading volume of 78,209 shares. The stock has a 50-day moving average of $13.14 and a 200 day moving average of $12.81. Cross Country Healthcare has a 52 week low of $10.88 and a 52 week high of $16.38. The firm has a market capitalization of $493.40 million, a price-to-earnings ratio of 49.89 and a beta of 0.84.

Cross Country Healthcare (NASDAQ:CCRN) last announced its earnings results on Wednesday, August 2nd. The business services provider reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.07. Cross Country Healthcare had a return on equity of 12.78% and a net margin of 1.06%. The business had revenue of $209.31 million during the quarter, compared to analyst estimates of $209.92 million. During the same quarter in the previous year, the business earned $0.16 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Cross Country Healthcare will post $0.61 earnings per share for the current year.

In other Cross Country Healthcare news, insider William J. Grubbs sold 49,113 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $12.16, for a total transaction of $597,214.08. Following the completion of the transaction, the insider now owns 395,188 shares in the company, valued at $4,805,486.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.90% of the stock is owned by insiders.

TRADEMARK VIOLATION WARNING: “Cross Country Healthcare (CCRN) Given News Impact Rating of 0.02” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/18/cross-country-healthcare-ccrn-given-news-impact-rating-of-0-02.html.

Several equities research analysts recently weighed in on the company. Zacks Investment Research cut Cross Country Healthcare from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. TheStreet upgraded Cross Country Healthcare from a “c+” rating to a “b” rating in a report on Wednesday, September 27th. BidaskClub cut Cross Country Healthcare from a “sell” rating to a “strong sell” rating in a report on Monday, July 24th. Finally, Benchmark Co. dropped their target price on Cross Country Healthcare from $18.00 to $17.00 and set a “buy” rating for the company in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the stock. Cross Country Healthcare presently has a consensus rating of “Hold” and a consensus price target of $15.64.

Shares of Cross Country Healthcare (CCRN) traded up 1.43% during midday trading on Wednesday, reaching $13.52. The company had a trading volume of 78,209 shares. The stock has a 50-day moving average of $13.14 and a 200 day moving average of $12.81. Cross Country Healthcare has a 52 week low of $10.88 and a 52 week high of $16.38. The firm has a market capitalization of $493.40 million, a price-to-earnings ratio of 49.89 and a beta of 0.84.

Cross Country Healthcare (NASDAQ:CCRN) last announced its earnings results on Wednesday, August 2nd. The business services provider reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.07. Cross Country Healthcare had a return on equity of 12.78% and a net margin of 1.06%. The business had revenue of $209.31 million during the quarter, compared to analyst estimates of $209.92 million. During the same quarter in the previous year, the business earned $0.16 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. On average, analysts anticipate that Cross Country Healthcare will post $0.61 earnings per share for the current year.

In other Cross Country Healthcare news, insider William J. Grubbs sold 49,113 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $12.16, for a total transaction of $597,214.08. Following the completion of the transaction, the insider now owns 395,188 shares in the company, valued at $4,805,486.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.90% of the stock is owned by insiders.

TRADEMARK VIOLATION WARNING: “Cross Country Healthcare (CCRN) Given News Impact Rating of 0.02” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this article on another domain, it was illegally copied and republished in violation of international copyright legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/18/cross-country-healthcare-ccrn-given-news-impact-rating-of-0-02.html.

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.

Insider Buying and Selling by Quarter for Cross Country Healthcare (NASDAQ:CCRN)

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