Crawford United (OTCMKTS:CRAWA) Upgraded to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Crawford United (OTCMKTS:CRAWA) from a hold rating to a buy rating in a research note published on Thursday morning, Zacks.com reports. They currently have $22.00 target price on the stock.

According to Zacks, “Crawford United Corporation develops and manufactures products for diverse markets. It primarily serves healthcare, education, automotive, aerospace, trucking and petrochemical industries. The company’s operating business segment consists of Aerospace Components, Commercial Air Handling and Industrial Hose. Crawford United Corporation, formerly known as Hickok Incorporated, is based in Cleveland, Ohio. “

Several other brokerages have also recently commented on CRAWA. B. Riley boosted their target price on shares of Crawford United from $19.50 to $24.00 and gave the company a buy rating in a research report on Tuesday, November 17th. ValuEngine upgraded shares of Crawford United from a sell rating to a hold rating in a research report on Tuesday, November 3rd.

OTCMKTS CRAWA opened at $19.99 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.90 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $66.37 million, a P/E ratio of 12.19 and a beta of 0.29. Crawford United has a 12-month low of $10.65 and a 12-month high of $23.00. The firm has a 50-day moving average price of $16.52 and a two-hundred day moving average price of $15.52.

Crawford United (OTCMKTS:CRAWA) last posted its quarterly earnings data on Tuesday, November 10th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.03. Crawford United had a net margin of 6.31% and a return on equity of 23.06%. Equities analysts expect that Crawford United will post 1.49 EPS for the current year.

About Crawford United

Crawford United Corporation, together with its subsidiaries, engages in aerospace components, commercial air handling, and industrial hose businesses in the United States. The Aerospace Components segment manufactures precision components primarily for customers in the aerospace industry. This segment also provides complete end-to-end engineering, machining, grinding, welding, brazing, heat treat, and assembly solutions.

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