Alert: Rating Downgrade (11/10/23)-Cross Country Healthcare Inc (NASDAQ: CCRN).

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Stock Rating Downgrade

In the last week the Value Trend Rating for Cross Country Healthcare Inc (NASDAQ: CCRN) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

Cross Country Healthcare Inc (NASDAQ: CCRN) stock closed at $18.30 on 11/10/23 after a modest gain of 0.8%. The stock has declined -8.1% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, CCRN is expected to be Value Creation neutral.

Cross Country Healthcare has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cross Country Healthcare has a slightly positive Appreciation Score of 70 and a neutral Power Rating of 43, and the Neutral Value Trend Rating results.

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