Crawford United (OTCMKTS:CRAWA) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Crawford United (OTCMKTS:CRAWA) from a hold rating to a buy rating in a research report report published on Tuesday, Zacks.com reports. The brokerage currently has $20.00 price objective on the stock.

According to Zacks, “Crawford United Corporation develops and manufactures products for diverse markets. It primarily serves healthcare, education, automotive, aerospace, trucking and petrochemical industries. The company’s operating business segment consists of Aerospace Components, Commercial Air Handling and Industrial Hose. Crawford United Corporation, formerly known as Hickok Incorporated, is based in Cleveland, Ohio. “

Shares of OTCMKTS CRAWA opened at $18.35 on Tuesday. Crawford United has a 12 month low of $9.00 and a 12 month high of $19.96. The firm has a market cap of $50.33 million, a PE ratio of 12.07 and a beta of 0.27. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.42 and a quick ratio of 1.08.

Crawford United (OTCMKTS:CRAWA) last announced its earnings results on Thursday, May 16th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.44 by $0.11. Crawford United had a return on equity of 51.08% and a net margin of 6.53%. The business had revenue of $21.84 million during the quarter, compared to the consensus estimate of $18.98 million. On average, research analysts anticipate that Crawford United will post 1.92 earnings per share for the current fiscal year.

Crawford United Company Profile

Crawford United Corporation, together with its subsidiaries, engages in aerospace components, commercial air handling, and industrial hose businesses in the United States. The Aerospace Components segment manufactures precision components primarily for customers in the aerospace industry. This segment provides complete end-to-end engineering, machining, grinding, welding, brazing, heat treat, and assembly solutions.

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