Institutional Investors Lead Shift in Crown Crafts Inc (NASDAQ:CRWS) Sentiment

December 7, 2017 - By Kurt Siggers

 Institutional Investors Lead Shift in Crown Crafts Inc (NASDAQ:CRWS) Sentiment

Sentiment for Crown Crafts Inc (NASDAQ:CRWS)

Crown Crafts Inc (NASDAQ:CRWS) institutional sentiment decreased to 1.27 in Q2 2017. Its down -0.06, from 1.33 in 2017Q1. The ratio turned negative, as 14 hedge funds increased or started new positions, while 11 decreased and sold their equity positions in Crown Crafts Inc. The hedge funds in our partner’s database now hold: 4.19 million shares, up from 4.14 million shares in 2017Q1. Also, the number of hedge funds holding Crown Crafts Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 8 Increased: 9 New Position: 5.

Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. The company has market cap of $63.54 million. It provides infant, toddler, and juvenile products, including crib and toddler beddings; blankets and swaddle blankets; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats and floor mats; disposable cup labels, toilet seat covers, and changing mats; and other infant, toddler, and juvenile soft goods. It has a 13.7 P/E ratio. The firm sells its products primarily to mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, Internet accounts, and wholesale clubs through a network of sales force and independent commissioned sales representatives.

The stock decreased 0.79% or $0.05 during the last trading session, reaching $6.3. About 15,142 shares traded or 22.16% up from the average. Crown Crafts, Inc. (NASDAQ:CRWS) has declined 14.68% since December 7, 2016 and is downtrending. It has underperformed by 31.38% the S&P500.

Analysts await Crown Crafts, Inc. (NASDAQ:CRWS) to report earnings on February, 21. They expect $0.21 earnings per share, up 10.53 % or $0.02 from last year’s $0.19 per share. CRWS’s profit will be $2.12 million for 7.50 P/E if the $0.21 EPS becomes a reality. After $0.07 actual earnings per share reported by Crown Crafts, Inc. for the previous quarter, Wall Street now forecasts 200.00 % EPS growth.

Moab Capital Partners Llc holds 1.41% of its portfolio in Crown Crafts, Inc. for 652,288 shares. Bard Associates Inc owns 181,070 shares or 0.57% of their US portfolio. Moreover, North Star Investment Management Corp. has 0.39% invested in the company for 423,272 shares. The Illinois-based Ativo Capital Management Llc has invested 0.23% in the stock. Cutter & Co Brokerage Inc., a Missouri-based fund reported 61,800 shares.#img1#

Crown Crafts, Inc. (NASDAQ:CRWS) Ratings Coverage

Ratings analysis reveals 100% of Crown Crafts’s analysts are positive. Out of 2 Wall Street analysts rating Crown Crafts, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $7.5 while the high is $900. The stock’s average target of $8.25 is 30.95% above today’s ($6.3) share price. CRWS was included in 5 notes of analysts from August 12, 2015. The firm has “Buy” rating given on Monday, August 7 by Roth Capital. FBR Capital maintained Crown Crafts, Inc. (NASDAQ:CRWS) rating on Friday, November 10. FBR Capital has “Buy” rating and $7.5 target. Roth Capital maintained the stock with “Buy” rating in Thursday, November 2 report. The firm has “Buy” rating by Roth Capital given on Thursday, June 15. Zacks upgraded the shares of CRWS in report on Wednesday, August 12 to “Sell” rating.

More notable recent Crown Crafts, Inc. (NASDAQ:CRWS) news were published by: Globenewswire.com which released: “Crown Crafts, Inc. to Announce Results for Fiscal 2018 Second Quarter” on November 02, 2017, also Seekingalpha.com with their article: “Crown Crafts’ (CRWS) CEO Randall Chestnut on Q2 2018 Results – Earnings Call …” published on November 11, 2017, Seekingalpha.com published: “Crown Crafts: Q2 ’18 Results Are Encouraging” on November 15, 2017. More interesting news about Crown Crafts, Inc. (NASDAQ:CRWS) were released by: Seekingalpha.com and their article: “Why Crown Crafts Is Yielding 9.4%” published on December 04, 2016 as well as Seekingalpha.com‘s news article titled: “Crown Crafts Offers No Margin Of Safety” with publication date: January 23, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.