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Crawford (CRD.A) Stock Moves -0.44%: What You Should Know
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Crawford (CRD.A - Free Report) closed at $8.99 in the latest trading session, marking a -0.44% move from the prior day. This move was narrower than the S&P 500's daily loss of 0.7%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq lost 1.82%.
Prior to today's trading, shares of the provider of claims management services to insurance companies had gained 0.22% over the past month. This has outpaced the Business Services sector's loss of 1.44% and lagged the S&P 500's gain of 0.39% in that time.
Investors will be hoping for strength from Crawford as it approaches its next earnings release. In that report, analysts expect Crawford to post earnings of $0.16 per share. This would mark year-over-year growth of 6.67%. Our most recent consensus estimate is calling for quarterly revenue of $290.7 million, up 4.18% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $0.87 per share and revenue of $1.24 billion, which would represent changes of +24.29% and +4.16%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Crawford. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Crawford is currently sporting a Zacks Rank of #1 (Strong Buy).
Investors should also note Crawford's current valuation metrics, including its Forward P/E ratio of 10.38. For comparison, its industry has an average Forward P/E of 17.77, which means Crawford is trading at a discount to the group.
The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Crawford (CRD.A) Stock Moves -0.44%: What You Should Know
Crawford (CRD.A - Free Report) closed at $8.99 in the latest trading session, marking a -0.44% move from the prior day. This move was narrower than the S&P 500's daily loss of 0.7%. At the same time, the Dow lost 0.8%, and the tech-heavy Nasdaq lost 1.82%.
Prior to today's trading, shares of the provider of claims management services to insurance companies had gained 0.22% over the past month. This has outpaced the Business Services sector's loss of 1.44% and lagged the S&P 500's gain of 0.39% in that time.
Investors will be hoping for strength from Crawford as it approaches its next earnings release. In that report, analysts expect Crawford to post earnings of $0.16 per share. This would mark year-over-year growth of 6.67%. Our most recent consensus estimate is calling for quarterly revenue of $290.7 million, up 4.18% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $0.87 per share and revenue of $1.24 billion, which would represent changes of +24.29% and +4.16%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Crawford. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Crawford is currently sporting a Zacks Rank of #1 (Strong Buy).
Investors should also note Crawford's current valuation metrics, including its Forward P/E ratio of 10.38. For comparison, its industry has an average Forward P/E of 17.77, which means Crawford is trading at a discount to the group.
The Business - Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.