Key Points
- SVP Tami Stevenson sold 19,220 shares of Crawford & Company at an average price of $9.46, totaling about $181,821. The sale reduced her direct stake by 46.35% to 22,248 shares.
- Crawford & Company recently missed earnings estimates, reporting quarterly EPS of $0.16 versus the $0.20 consensus, though revenue came in above expectations at $309.52 million.
- Analyst sentiment remains weak, with Zacks Research downgrading the stock to “strong sell” and MarketBeat showing an average rating of “Sell.”
Crawford & Company (NYSE:CRD.B - Get Free Report) SVP Tami Stevenson sold 7,062 shares of the company's stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $9.90, for a total value of $69,913.80. Following the sale, the senior vice president directly owned 15,186 shares in the company, valued at $150,341.40. This trade represents a 31.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Crawford & Company Trading Up 2.5%
CRD.B stock opened at $9.59 on Tuesday. The firm has a fifty day moving average price of $9.99 and a 200 day moving average price of $10.29. Crawford & Company has a fifty-two week low of $8.76 and a fifty-two week high of $11.68. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $467.42 million, a PE ratio of 26.64 and a beta of 0.62.
Crawford & Company (NYSE:CRD.B - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.04). Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The business had revenue of $309.52 million for the quarter, compared to analysts' expectations of $303.20 million. Sell-side analysts anticipate that Crawford & Company will post 0.92 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Zacks Research cut shares of Crawford & Company from a "hold" rating to a "strong sell" rating in a research report on Monday, March 9th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Sell".
Read Our Latest Research Report on Crawford & Company
About Crawford & Company
(
Get Free Report)
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.
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