Zacks Investment Research upgraded shares of Crawford United (OTCMKTS:CRAWA) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning, Zacks.com reports. The firm currently has $22.00 target price on the stock.
According to Zacks, “Crawford United Corporation develops and manufactures products for diverse markets. It primarily serves healthcare, education, automotive, aerospace, trucking and petrochemical industries. The company’s operating business segment consists of Aerospace Components, Commercial Air Handling and Industrial Hose. Crawford United Corporation, formerly known as Hickok Incorporated, is based in Cleveland, Ohio. “
Separately, ValuEngine downgraded Crawford United from a sell rating to a strong sell rating in a research report on Wednesday, October 2nd.
Shares of OTCMKTS:CRAWA traded up $2.75 during trading on Monday, hitting $22.00. 4,022 shares of the company were exchanged, compared to its average volume of 1,455. The firm has a market cap of $53.01 million, a P/E ratio of 14.47 and a beta of 0.36. The firm’s 50 day moving average is $20.07. Crawford United has a 52-week low of $10.00 and a 52-week high of $22.75. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 1.28.
Crawford United (OTCMKTS:CRAWA) last posted its earnings results on Tuesday, November 12th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.07. The firm had revenue of $22.25 million for the quarter, compared to the consensus estimate of $19.13 million. Crawford United had a return on equity of 42.11% and a net margin of 7.38%. On average, analysts anticipate that Crawford United will post 2.13 earnings per share for the current fiscal year.
Crawford United Company Profile
Crawford United Corporation, together with its subsidiaries, engages in aerospace components, commercial air handling, and industrial hose businesses in the United States. The Aerospace Components segment manufactures precision components primarily for customers in the aerospace industry. This segment provides complete end-to-end engineering, machining, grinding, welding, brazing, heat treat, and assembly solutions.
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