Crown Crafts (CRWS) Receives News Sentiment Score of 0.10
News coverage about Crown Crafts (NASDAQ:CRWS) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Crown Crafts earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news stories about the textile maker an impact score of 46.5787302124891 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Crown Crafts, Inc. (CRWS) Downgraded to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Crown Crafts, Inc. (CRWS) Upgraded to “Buy” by Zacks Investment Research (americanbankingnews.com)
- Insider Trading Activity Crown Crafts, Inc. (NASDAQ:CRWS) – Director Bought 5,000 shares of Stock (4-traders.com)
- Crown Crafts, Inc. (CRWS) Director Donald R. Ratajczak Acquires 5,000 Shares (americanbankingnews.com)
- Crown Crafts, Inc. :CRWS-US: Earnings Analysis: Q1, 2018 By the Numbers : August 14, 2017 (finance.yahoo.com)
Several research firms have recently commented on CRWS. FBR & Co reiterated a “mkt perform” rating and set a $7.00 price target on shares of Crown Crafts in a report on Tuesday, July 11th. TheStreet lowered Crown Crafts from a “b-” rating to a “c+” rating in a report on Friday, June 23rd. Zacks Investment Research lowered Crown Crafts from a “hold” rating to a “sell” rating in a report on Friday, June 16th. Finally, Roth Capital set a $9.00 price target on Crown Crafts and gave the stock a “buy” rating in a report on Saturday, June 17th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $7.56.
Shares of Crown Crafts (NASDAQ CRWS) traded up 1.61% during mid-day trading on Friday, reaching $6.30. 8,652 shares of the company traded hands. The stock has a market capitalization of $63.37 million, a price-to-earnings ratio of 8.75 and a beta of 0.47. Crown Crafts has a 52-week low of $5.40 and a 52-week high of $10.24. The company’s 50 day moving average is $5.94 and its 200 day moving average is $7.21.
Crown Crafts (NASDAQ:CRWS) last posted its quarterly earnings data on Thursday, August 10th. The textile maker reported $0.08 EPS for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $13.65 million for the quarter, compared to analyst estimates of $13.49 million. Crown Crafts had a return on equity of 13.46% and a net margin of 7.79%. On average, equities analysts forecast that Crown Crafts will post $0.58 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Friday, September 15th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Thursday, September 14th. Crown Crafts’s payout ratio is currently 64.00%.
In other Crown Crafts news, Director Donald R. Ratajczak purchased 5,000 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were purchased at an average cost of $5.75 per share, with a total value of $28,750.00. Following the purchase, the director now owns 125,151 shares in the company, valued at $719,618.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 14.17% of the stock is owned by company insiders.
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About Crown Crafts
Crown Crafts, Inc operates indirectly through its subsidiaries, Crown Crafts Infant Products, Inc and Hamco, Inc, in the infant and toddler products segment within the consumer products industry. The Company operates though the segment of infant and toddler products. These products consist of infant and toddler bedding, bibs, soft bath products, disposable products and accessories.
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