Crown Crafts, Inc. (NASDAQ:CRWS) Director Patricia Stensrud sold 4,000 shares of the stock in a transaction on Monday, February 12th. The shares were sold at an average price of $6.47, for a total value of $25,880.00. Following the sale, the director now directly owns 39,250 shares in the company, valued at approximately $253,947.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Crown Crafts, Inc. (NASDAQ CRWS) traded down $0.10 during trading hours on Wednesday, reaching $6.55. The company’s stock had a trading volume of 16,260 shares, compared to its average volume of 18,212. The company has a current ratio of 2.89, a quick ratio of 1.15 and a debt-to-equity ratio of 0.06. Crown Crafts, Inc. has a 12-month low of $5.40 and a 12-month high of $8.70. The firm has a market cap of $65.56, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 2.89 and a beta of 0.41.

Crown Crafts (NASDAQ:CRWS) last issued its quarterly earnings results on Thursday, February 8th. The textile maker reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Crown Crafts had a return on equity of 10.60% and a net margin of 5.21%. The business had revenue of $17.48 million during the quarter, compared to analyst estimates of $19.34 million. equities analysts predict that Crown Crafts, Inc. will post 0.45 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 6th. Shareholders of record on Friday, March 16th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Thursday, March 15th. Crown Crafts’s payout ratio is 96.97%.

A number of large investors have recently modified their holdings of the business. North Star Investment Management Corp. boosted its stake in Crown Crafts by 4.6% in the 4th quarter. North Star Investment Management Corp. now owns 573,622 shares of the textile maker’s stock worth $3,700,000 after buying an additional 25,368 shares during the last quarter. Vanguard Group Inc. boosted its stake in Crown Crafts by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 380,694 shares of the textile maker’s stock worth $2,627,000 after buying an additional 1,706 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Crown Crafts by 6.2% in the 4th quarter. Renaissance Technologies LLC now owns 304,529 shares of the textile maker’s stock worth $1,964,000 after buying an additional 17,729 shares during the last quarter. Synovus Financial Corp boosted its stake in Crown Crafts by 7.6% in the 3rd quarter. Synovus Financial Corp now owns 118,863 shares of the textile maker’s stock worth $773,000 after buying an additional 8,400 shares during the last quarter. Finally, Deutsche Bank AG boosted its stake in Crown Crafts by 14.0% in the 4th quarter. Deutsche Bank AG now owns 64,602 shares of the textile maker’s stock worth $416,000 after buying an additional 7,945 shares during the last quarter. 41.74% of the stock is currently owned by hedge funds and other institutional investors.

CRWS has been the topic of a number of analyst reports. B. Riley reaffirmed a “buy” rating and set a $7.50 price objective on shares of Crown Crafts in a research note on Friday, November 10th. ValuEngine lowered Crown Crafts from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Zacks Investment Research lowered Crown Crafts from a “hold” rating to a “sell” rating in a research note on Tuesday, January 23rd. Finally, Roth Capital reissued a “buy” rating on shares of Crown Crafts in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $7.81.

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About Crown Crafts

Crown Crafts, Inc operates indirectly through its subsidiaries, Crown Crafts Infant Products, Inc, Hamco, Inc and Carousel Designs, LLC, 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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