Crawford & Company (NYSE:CRD.B) Issues Earnings Results

Crawford & Company (NYSE:CRD.B) posted its earnings results on Monday. The business services provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04), Zacks reports. Crawford & Company had a return on equity of 26.21% and a net margin of 1.50%.

Crawford & Company Price Performance

Crawford & Company stock opened at $9.76 on Tuesday. The firm has a market cap of $474.87 million, a P/E ratio of 25.02 and a beta of 0.62. The stock’s 50 day moving average is $10.06 and its 200 day moving average is $10.31. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.14 and a quick ratio of 1.14. Crawford & Company has a one year low of $8.76 and a one year high of $11.68.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Crawford & Company from a “hold” rating to a “strong sell” rating in a report on Monday, March 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Crawford & Company presently has an average rating of “Sell”.

Crawford & Company Company Profile

Crawford & Company (NYSE: CRD.B) is an independent provider of claims management and risk solutions to insurance carriers and self-insured entities worldwide. The company’s services span property and casualty claims adjusting, third-party administration, managed repair, catastrophe response, and risk consulting. Through its network of professionals, Crawford & Company assists clients in streamlining claims processes, controlling costs, and improving customer satisfaction across diverse lines of business.

Founded in 1941 by James O.