Crawford & Company (CRD.B) Rating Lowered to Market Perform at Raymond James

Crawford & Company (NYSE:CRD.B) was downgraded by stock analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Crawford & Company from a “sell” rating to a “hold” rating in a report on Tuesday, April 30th. ValuEngine upgraded Crawford & Company from a “sell” rating to a “hold” rating in a report on Wednesday, April 24th.

NYSE:CRD.B opened at $8.94 on Thursday. Crawford & Company has a fifty-two week low of $7.64 and a fifty-two week high of $10.56. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.07. The stock has a market cap of $481.70 million, a PE ratio of 11.32 and a beta of 0.95.

Crawford & Company (NYSE:CRD.B) last released its quarterly earnings data on Monday, February 25th. The business services provider reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.06. Crawford & Company had a return on equity of 23.96% and a net margin of 2.16%. The business had revenue of $263.79 million for the quarter, compared to analysts’ expectations of $279.98 million. As a group, equities analysts expect that Crawford & Company will post 0.83 EPS for the current fiscal 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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