Alert: Negative Fundamental Signals (3/8/24)-Cross Country Healthcare Inc (NASDAQ: CCRN)

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Extremely significant negative changes in Cross Country Healthcare Inc (NASDAQ: CCRN) fundamentals have recently occurred: 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 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 F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cross Country Healthcare has a neutral Appreciation Score of 42 but a poor Power Rating of 20, resulting in the Lowest Value Trend Rating.

Recent Price Action

Cross Country Healthcare Inc (NASDAQ: CCRN) stock closed at $18.93 on 3/8/24 after an increase of 1.6%. However, below average trading volume at 67% of normal accompanied the advance. The stock has risen 3.6% during the last week but has been weak relative to the market over the last nine months.

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