Crawford & Company (NYSE:CRD.A) Posts Quarterly Earnings Results

Crawford & Company (NYSE:CRD.A) announced its quarterly earnings data on Monday. The business services provider reported $0.16 EPS for the quarter, FiscalAI reports. The firm had revenue of $320.13 million for the quarter. Crawford & Company had a return on equity of 24.11% and a net margin of 1.37%.

Crawford & Company Trading Up 2.7%

Shares of CRD.A stock traded up $0.26 during trading hours on Wednesday, hitting $9.84. The company had a trading volume of 8,431 shares, compared to its average volume of 51,389. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $478.67 million, a PE ratio of 27.32 and a beta of 0.83. The company’s fifty day moving average is $10.30 and its 200 day moving average is $10.78. Crawford & Company has a fifty-two week low of $8.63 and a fifty-two week high of $12.10.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Barrington Research reaffirmed an “outperform” rating and issued a $14.00 target price on shares of Crawford & Company in a research note on Monday, March 9th. Wall Street Zen cut shares of Crawford & Company from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Crawford & Company presently has a consensus rating of “Buy” and an average target price of $14.00.

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.