Alert: Positive Investment/Fundamental Signals (12/1/23)-Crawford & Co (NYSE: CRD.A)


Crawford & Co (NYSE: CRD.A) has benefited from notable positive changes in investment behavior: the stock rose on very heavy volume.

Recent meaningful positive changes in fundamentals have benefitted Crawford & Co (NYSE: CRD.A): the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

CRD.A’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Crawford has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Crawford has a neutral Appreciation Score of 54 but a very high Power Rating of 91, producing the Positive Value Trend Rating.

Recent Price Action

Crawford & Co (NYSE: CRD.A) stock closed at $11.22 on 12/1/23 after a modest gain of 0.4%. Moreover, trading volume in this advance was exceptionally high at 325% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.1% during the last week.

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