Crown Crafts (NASDAQ:CRWS) issued its earnings results on Thursday. The textile maker reported $0.15 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.15, MarketWatch Earnings reports. Crown Crafts had a return on equity of 12.97% and a net margin of 5.06%. The firm had revenue of $18.67 million for the quarter, compared to analysts’ expectations of $19.70 million.
CRWS traded up $0.17 during midday trading on Friday, reaching $5.67. 4,467 shares of the company were exchanged, compared to its average volume of 6,521. The company has a current ratio of 4.25, a quick ratio of 2.03 and a debt-to-equity ratio of 0.11. Crown Crafts has a one year low of $5.00 and a one year high of $7.25. The stock has a market cap of $57.19 million, a P/E ratio of 10.50 and a beta of 0.69.
A number of equities analysts have issued reports on the company. ValuEngine cut Crown Crafts from a “hold” rating to a “sell” rating in a report on Thursday, January 10th. DA Davidson assumed coverage on Crown Crafts in a report on Thursday, November 29th. They set a “neutral” rating and a $6.50 target price on the stock.
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Crown Crafts Company Profile
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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