Cross Country Healthcare (NASDAQ:CCRN – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.060–0.040 for the period, compared to the consensus estimate of 0.030. The company issued revenue guidance of $235.0 million-$240.0 million, compared to the consensus revenue estimate of $253.5 million.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. Citizens Jmp set a $11.00 target price on shares of Cross Country Healthcare in a research note on Thursday, December 4th. Jefferies Financial Group set a $8.65 price target on Cross Country Healthcare and gave the company a “hold” rating in a report on Thursday, December 4th. Benchmark reiterated a “hold” rating on shares of Cross Country Healthcare in a research report on Monday, December 8th. UBS Group decreased their target price on Cross Country Healthcare from $16.50 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, December 9th. Finally, Zacks Research raised Cross Country Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Cross Country Healthcare currently has an average rating of “Hold” and a consensus price target of $11.38.
Cross Country Healthcare Stock Performance
Cross Country Healthcare (NASDAQ:CCRN – Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.09). Cross Country Healthcare had a positive return on equity of 0.95% and a negative net margin of 1.39%.The business had revenue of $236.76 million during the quarter, compared to analysts’ expectations of $254.30 million. Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. Research analysts predict that Cross Country Healthcare will post 0.53 earnings per share for the current year.
Institutional Investors Weigh In On Cross Country Healthcare
Institutional investors have recently modified their holdings of the stock. Quinn Opportunity Partners LLC bought a new position in Cross Country Healthcare during the fourth quarter valued at about $8,470,000. Boston Partners acquired a new position in shares of Cross Country Healthcare during the 4th quarter valued at about $6,414,000. Goldman Sachs Group Inc. raised its stake in shares of Cross Country Healthcare by 56.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,095,178 shares of the business services provider’s stock valued at $16,307,000 after acquiring an additional 397,216 shares in the last quarter. Barclays PLC lifted its holdings in Cross Country Healthcare by 804.8% in the 4th quarter. Barclays PLC now owns 398,851 shares of the business services provider’s stock worth $3,231,000 after purchasing an additional 354,771 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in Cross Country Healthcare during the fourth quarter worth approximately $2,055,000. Institutional investors and hedge funds own 96.03% of the company’s stock.
About Cross Country Healthcare
Cross Country Healthcare, Inc, headquartered in Boca Raton, Florida, is a leading provider of healthcare workforce solutions in the United States. The company specializes in the recruitment, placement and management of nursing and allied health professionals on both a travel and permanent basis. Through its integrated platform, Cross Country Healthcare serves hospitals, health systems, and long-term care facilities by matching qualified clinical talent with patient care needs across diverse care settings.
The company’s core service offerings include travel nurse and allied health staffing, per diem staffing, permanent placement services, and managed services programs.
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