Crawford Stock Fair Value Calculation – CRAWFORD Announces Third Quarter Fiscal Year 2023 Earnings Results
December 11, 2023
🌥️Earnings Overview
On November 6, 2023, CRAWFORD ($NYSE:CRD.B) released its fiscal third quarter (ending September 30, 2023) earnings results, which showed total revenue of USD 337.7 million, a 10.2% increase year-over-year. Net income came in at USD 12.3 million, a 181.4% increase from the same period in the prior year.
Share Price
On Monday, CRAWFORD announced its earnings results for the third quarter of Fiscal Year 2023. At the closing bell, CRAWFORD stock opened at $8.4 and closed at $8.5, up by 0.6% from its prior closing price of $8.4. This marks a modest increase in value for the company, indicating that market sentiment towards CRAWFORD is generally positive. Investors were particularly pleased with CRAWFORD’s strong performance in sales and revenue for the third quarter, which exceeded expectations.
This news boosted confidence in the company and resulted in an uptick of interest from investors. Going forward, CRAWFORD is looking to capitalize on this momentum by introducing innovative new products and services to the market. By staying ahead of the curve and adapting to the changing trends in the industry, CRAWFORD hopes to maintain its competitive edge and build upon its success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Crawford. CRAWFORD_Announces_Third_Quarter_Fiscal_Year_2023_Earnings_Results”>More…
| Total Revenues | Net Income | Net Margin |
| 1.33k | 17.34 | 1.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Crawford. CRAWFORD_Announces_Third_Quarter_Fiscal_Year_2023_Earnings_Results”>More…
| Operations | Investing | Financing |
| 111.91 | -37.37 | -59.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Crawford. CRAWFORD_Announces_Third_Quarter_Fiscal_Year_2023_Earnings_Results”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 827.19 | 664.22 | 3.37 |
Key Ratios Snapshot
Some of the financial key ratios for Crawford are shown below. CRAWFORD_Announces_Third_Quarter_Fiscal_Year_2023_Earnings_Results”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.7% | 15.9% | 9.0% |
| FCF Margin | ROE | ROA |
| 5.6% | 47.3% | 9.0% |
Analysis – Crawford Stock Fair Value Calculation
At GoodWhale, we conducted an intensive analysis of the fundamentals of CRAWFORD. Through our proprietary Valuation Line, we calculated the fair value of the CRAWFORD share to be around $9.2. Currently, CRAWFORD stock is trading at $8.5, a price that is undervalued by 8.1%. This presents an opportunity for investors to buy the stock at a fair price and potentially see it appreciate in value. More…
Summary
Investors may be encouraged by CRAWFORD’s third quarter fiscal year 2023 earnings results released November 6, 2023. The company reported total revenue of USD 337.7 million, a 10.2% increase from the same period in the prior year, and net income of USD 12.3 million, a 181.4% increase from the same period in the prior year. Moreover, the company exceeded market expectations with its third quarter earnings report, indicating promising growth potential. This could make CRAWFORD an attractive option for investors looking to capitalize on the company’s impressive performance.
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