Zacks: Crawford & Company (CRD.B) Given Consensus Recommendation of “Strong Buy” by Brokerages
Crawford & Company (NYSE:CRD.B) has received a consensus broker rating score of 1.33 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and two have assigned a strong buy rating to the company.
Brokers have set a 1-year consensus target price of $10.50 for the company and are expecting that the company will post $0.18 earnings per share for the current quarter, according to Zacks. Zacks has also given Crawford & Company an industry rank of 89 out of 255 based on the ratings given to its competitors.
Several equities analysts have recently commented on CRD.B shares. ValuEngine cut Crawford & Company from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 29th. Zacks Investment Research upgraded Crawford & Company from a “sell” rating to a “hold” rating in a research note on Friday, August 10th.
Crawford & Company (NYSE:CRD.B) last issued its quarterly earnings data on Monday, August 6th. The business services provider reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). Crawford & Company had a net margin of 1.35% and a return on equity of 25.51%. The firm had revenue of $279.04 million during the quarter, compared to analyst estimates of $277.24 million. On average, equities analysts anticipate that Crawford & Company will post 0.74 earnings per share for the current year.
About Crawford & Company
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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