In a report released today, Michael Wiederhorn from Oppenheimer maintained a Hold rating on Cross Country Healthcare (CCRN). The company’s shares opened today at $7.32, close to its 52-week low of $6.91.
According to TipRanks.com, Wiederhorn is a top 100 analyst with an average return of 14.4% and a 66.4% success rate. Wiederhorn covers the Services sector, focusing on stocks such as Addus Homecare Corp, Community Health, and The Ensign Group.
Cross Country Healthcare has an analyst consensus of Moderate Buy, with a price target consensus of $9.33.
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Based on Cross Country Healthcare’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $19.69 million. In comparison, last year the company had a net profit of $27.95 million.
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Cross Country Healthcare, Inc. engages in the provision of healthcare staffing and workforce management solutions. It operates through the following segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services.
