Crown Crafts (CRWS) Earns Daily Media Sentiment Rating of 0.10
News articles about Crown Crafts (NASDAQ:CRWS) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Crown Crafts earned a news impact score of 0.10 on Accern’s scale. Accern also assigned news coverage about the textile maker an impact score of 46.3330897217266 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Crown Crafts (CRWS) traded down $0.18 during trading hours on Friday, reaching $6.45. 6,400 shares of the company’s stock were exchanged, compared to its average volume of 24,699. The company has a market capitalization of $66.97, a price-to-earnings ratio of 13.28, a PEG ratio of 2.21 and a beta of 0.35. Crown Crafts has a 12-month low of $5.40 and a 12-month high of $8.70.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Friday, December 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.32 dividend on an annualized basis and a yield of 4.96%. Crown Crafts’s dividend payout ratio is presently 68.09%.
Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Crown Crafts from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. B. Riley restated a “buy” rating and set a $7.50 price target on shares of Crown Crafts in a research report on Friday, November 10th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $7.81.
Crown Crafts Company Profile
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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