Barrington analyst Kevin Steinke reiterated a Buy rating on Crawford & Company A (CRD.A – Research Report) today and set a price target of $14.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Kevin Steinke has given his Buy rating due to a combination of factors including Crawford & Company’s strong profitability performance in the first quarter of 2025, which surpassed expectations despite slightly lower-than-anticipated revenue. The company demonstrated a 3.4% year-over-year revenue growth, with significant contributions from its weather-driven businesses and a notable increase in its North America Loss Adjusting segment.
Additionally, the International Operations segment showed robust growth, with a 9.5% increase in revenue year-over-year. Operating earnings rose by 48% compared to the previous year, exceeding estimates in most business segments and benefiting from improved operational efficiency and cost management. These positive financial indicators, along with Crawford’s strategic investments and competitive advantages in technology and global scale, underpin Steinke’s optimistic outlook and Buy rating for the company’s stock.
According to TipRanks, Steinke is a 5-star analyst with an average return of 13.3% and a 56.19% success rate. Steinke covers the Industrials sector, focusing on stocks such as Huron Consulting, Distribution Solutions Group, and Quad/Graphics.