Stock Rating Upgrade
In recent days the Value Trend Rating for Crown Crafts Inc (NASDAQ: CRWS) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Crown Crafts Inc (NASDAQ: CRWS) stock declined modestly by -1.9% on 3/18/24. The stock closed at $5.30. However, trading volume in this decline was unusually low at 51% of normal. The stock has been strong relative to the market over the last nine months but has declined -5.4% during the last week.
Current PriceTarget Research Rating
CRWS' future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Crown Crafts has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines consistent signals from two proprietary PTR measures of a stock's attractiveness. Crown Crafts has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 69, with the Positive Value Trend Rating the result.