Crawford & Company (NYSE:CRD.B) Receives Consensus Recommendation of “Buy” from Brokerages

Crawford & Company (NYSE:CRD.B) has earned a consensus broker rating score of 1.67 (Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and two have issued a strong buy recommendation on the company.

Analysts have set a 1-year consensus price objective of $12.00 for the company and are anticipating that the company will post $0.21 EPS for the current quarter, according to Zacks. Zacks has also assigned Crawford & Company an industry rank of 97 out of 255 based on the ratings given to related companies.

A number of research analysts recently issued reports on the company. Zacks Investment Research upgraded Crawford & Company from a “sell” rating to a “hold” rating in a report on Tuesday, July 16th. ValuEngine upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Monday, September 30th.

CRD.B stock opened at $9.50 on Monday. The business has a fifty day moving average of $9.43 and a two-hundred day moving average of $9.14. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.54. The stock has a market cap of $510.06 million, a price-to-earnings ratio of 12.03 and a beta of 1.03. Crawford & Company has a 52-week low of $8.00 and a 52-week high of $10.56.

Crawford & Company (NYSE:CRD.B) last posted its earnings results on Monday, August 5th. The business services provider reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $256.88 million for the quarter, compared to analyst estimates of $267.93 million. Crawford & Company had a return on equity of 25.70% and a net margin of 2.69%. As a group, sell-side analysts anticipate that Crawford & Company will post 0.82 EPS for the current year.

Crawford & Company Company Profile

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.

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