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

Crawford & Company (NYSE:CRD.A) posted its quarterly earnings data on Monday. The business services provider reported $0.38 EPS for the quarter, FiscalAI reports. Crawford & Company had a net margin of 1.37% and a return on equity of 24.21%. The firm had revenue of $321.44 million during the quarter.

Crawford & Company Stock Performance

Shares of Crawford & Company stock opened at $11.27 on Tuesday. The company has a 50 day moving average price of $11.06 and a 200 day moving average price of $10.64. The firm has a market capitalization of $549.06 million, a P/E ratio of 31.29 and a beta of 0.79. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.86. Crawford & Company has a 52 week low of $8.63 and a 52 week high of $12.12.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Crawford & Company from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $14.00.

Insiders Place Their Bets

In related news, EVP Andrew John Bart sold 14,005 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $10.32, for a total value of $144,531.60. Following the completion of the transaction, the executive vice president owned 113,390 shares in the company, valued at $1,170,184.80. This trade represents a 10.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Tami E. Stevenson sold 19,220 shares of Crawford & Company stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $9.46, for a total value of $181,821.20. Following the sale, the senior vice president directly owned 22,248 shares of the company’s stock, valued at approximately $210,466.08. This represents a 46.35% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 58,282 shares of company stock valued at $578,875. Corporate insiders own 54.27% of the company’s stock.

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.