Crawford & Company (NYSE:CRD.A) Releases Quarterly Earnings Results
by Doug Wharley · The Cerbat GemCrawford & Company (NYSE:CRD.A – Get Free Report) issued its quarterly earnings data on Monday. The business services provider reported $0.16 earnings per share for the quarter, FiscalAI reports. The business had revenue of $320.13 million during the quarter. Crawford & Company had a net margin of 1.50% and a return on equity of 26.21%.
Crawford & Company Stock Performance
CRD.A stock traded down $0.19 on Monday, hitting $10.27. The company’s stock had a trading volume of 47,895 shares, compared to its average volume of 52,094. The firm has a 50 day moving average of $10.32 and a two-hundred day moving average of $10.79. Crawford & Company has a 1 year low of $8.63 and a 1 year high of $12.10. The stock has a market cap of $499.84 million, a price-to-earnings ratio of 26.33 and a beta of 0.83. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.88.
Analysts Set New Price Targets
Several brokerages have recently weighed in on CRD.A. Wall Street Zen downgraded shares of Crawford & Company from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. Barrington Research restated an “outperform” rating and set a $14.00 price objective on shares of Crawford & Company in a research report on Monday, March 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Crawford & Company has a consensus rating of “Buy” and an average price target of $14.00.
Read Our Latest Report on Crawford & Company
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. It also offers services in the areas of field investigation, catastrophe, evaluation, and resolution of property and casualty insurance claims; and various on-demand inspection, verification, and other task specific field services for businesses and consumers through a mobile platform.