Crawford & Company (CRD.B) Stock Rating Upgraded by ValuEngine

ValuEngine upgraded shares of Crawford & Company (NYSE:CRD.B) from a sell rating to a hold rating in a research report released on Tuesday.

Separately, Zacks Investment Research upgraded Crawford & Company from a sell rating to a hold rating in a research note on Friday, August 10th.

Shares of CRD.B stock traded up $0.10 on Tuesday, hitting $9.27. The stock had a trading volume of 1,200 shares, compared to its average volume of 21,230. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.38 and a quick ratio of 1.46. The company has a market capitalization of $492.29 million, a P/E ratio of 10.66 and a beta of 1.17. Crawford & Company has a one year low of $7.54 and a one year high of $10.44.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings data on Monday, August 6th. The business services provider reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). The firm had revenue of $279.04 million during the quarter, compared to the consensus estimate of $277.24 million. Crawford & Company had a net margin of 1.03% and a return on equity of 23.46%. On average, analysts anticipate that Crawford & Company will post 0.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 6th. Shareholders of record on Tuesday, November 20th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, November 19th. This represents a $0.20 annualized dividend and a yield of 2.16%. Crawford & Company’s dividend payout ratio (DPR) is presently 22.99%.

Crawford & Company Company Profile

Crawford & Company (Crawford) is an independent provider of claims management solutions to insurance and self-insured entities. The Company’s Crawford Solution offers claims services, business process outsourcing and consulting services for various product lines, including property and casualty claims management; workers’ compensation claims and medical management, and legal settlement administration.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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