Crown Crafts (NASDAQ:CRWS) posted its earnings results on Wednesday. The textile maker reported $0.18 EPS for the quarter, meeting the consensus estimate of $0.18, Fidelity Earnings reports. Crown Crafts had a return on equity of 13.54% and a net margin of 7.59%. The firm had revenue of $18.56 million for the quarter, compared to analysts’ expectations of $20.70 million.
NASDAQ CRWS traded down $0.08 on Thursday, reaching $7.53. 128,300 shares of the stock traded hands, compared to its average volume of 38,167. The firm’s fifty day simple moving average is $6.37 and its 200 day simple moving average is $5.28. The company has a quick ratio of 1.47, a current ratio of 3.23 and a debt-to-equity ratio of 0.02. The company has a market cap of $73.26 million, a price-to-earnings ratio of 15.06 and a beta of 0.46. Crown Crafts has a 12 month low of $4.01 and a 12 month high of $7.93.
Several analysts recently commented on the company. TheStreet upgraded Crown Crafts from a “c+” rating to a “b” rating in a research report on Thursday, October 10th. Zacks Investment Research cut Crown Crafts from a “buy” rating to a “hold” rating in a research report on Monday, October 14th. Finally, ValuEngine upgraded Crown Crafts from a “strong sell” rating to a “sell” rating in a research report on Monday, November 4th.
Crown Crafts, Inc, through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods.
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