Zacks Investment Research cut shares of Crawford & Company (NYSE:CRD.B) from a hold rating to a sell rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “CRAWFORD & CO. is a worldwide diversified services firm organized which provides claims services, risk management services, disability managment, risk control services and risk management information services to insurance companies, self-insured corporations and governmental entities. “

CRD.B has been the topic of a number of other reports. Raymond James set a C$3.50 price objective on shares of StorageVault Canada and gave the company a strong-buy rating in a report on Thursday, May 16th. ValuEngine lowered shares of Viewray from a buy rating to a hold rating in a report on Wednesday, April 24th.

Crawford & Company stock opened at $9.45 on Tuesday. The firm has a market cap of $513.53 million, a price-to-earnings ratio of 11.96 and a beta of 1.01. Crawford & Company has a 52-week low of $8.00 and a 52-week high of $10.56. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.34 and a current ratio of 1.34. The business’s 50 day simple moving average is $8.84.

Crawford & Company (NYSE:CRD.B) last released its earnings results on Monday, May 6th. The business services provider reported $0.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.05). Crawford & Company had a return on equity of 23.96% and a net margin of 2.16%. The business had revenue of $247.06 million for the quarter, compared to analyst estimates of $269.43 million. Analysts predict that Crawford & Company will post 0.79 EPS for the current year.

Crawford & Company Company Profile

Crawford & Company provides claims management and outsourcing solutions to the risk management and insurance industry, and self-insured entities. The company's Crawford Claims Solutions segment offers claims management services related to property, casualty, and catastrophe losses caused by physical damage to commercial and residential real properties, and personal properties, as well as marine losses.

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