Alert: Negative Fundamental Signals (8/5/24)-Cross Country Healthcare Inc (NASDAQ: CCRN)

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Cross Country Healthcare Inc (NASDAQ: CCRN) suffers from extremely meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CCRN is expected to continue to be a modest Value Builder.

Cross Country Healthcare has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Cross Country Healthcare has a slightly negative Appreciation Score of 38 and a very low Power Rating of 0, with the Lowest Value Trend Rating the result.

Recent Price Action

On 8/5/24, Cross Country Healthcare Inc (NASDAQ: CCRN) stock declined by -3.2%, closing at $16.56. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months but is unchanged during the last week.

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