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Crown Crafts Inc
Crown Crafts, Inc. (CRWS) is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol CRWS. The company operates in the consumer goods sector and specializes in designing, marketing, and distributing infant and toddler products, as well as home goods.
Here are some key points about Crown Crafts, Inc.:
* Founded in 1957 and headquartered in Atlanta, Georgia, Crown Crafts has grown into a leading provider of high-quality products for infants and toddlers, as well as home goods.
* The company's product portfolio includes bedding, blankets, quilts, pillowcases, and other textile products.
* Crown Crafts markets its products under various brand names, including Crown Crafts Baby, NoJo, and Neighborhood Friends, among others.
* The company's products are sold through an extensive network of customers, including major retailers, online marketplaces, independent boutiques, and specialty stores.
* Crown Crafts has a worldwide presence, with international sales representing a significant portion of its revenue.
* The company has a strong track record of acquiring and integrating complementary businesses to expand its product offerings and market reach.
* For the year ending March 28, 2022, Crown Crafts reported net sales of $242.76 million, representing a growth rate of 21.5% over the past five years.
* The company operates with a gross profit margin of 34.39% and a net profit margin of 6.67%.
* Earnings per share (EPS) for Crown Crafts have consistently increased, with an EPS growth rate of 33.20% over the past three years. The company's net income for the same period was $16.1 million.
* Wall Street analysts have given Crown Crafts a consensus "Buy" rating, with price targets ranging from $17 to $27.80 per share.
* CRWS stock has experienced significant growth, with a 52-week high of $22.80 and a low of $13.01. Its market capitalization stands at approximately $396.49 million.
* Institutional ownership of CRWS stock is prevalent, with notable investors including Dimensional Fund Advisors LP, BlackRock, Inc., and Invesco Ltd.
In terms of financials, Crown Crafts has consistently delivered impressive results, with steady revenue growth, healthy profit margins, and a strong track record of acquiring and integrating complementary businesses. CRWS is considered a "buy" by many Wall Street analysts, with optimism surrounding the company's growth prospects. However, like any stock, the price movement and financial performance of CRWS can be affected by various market and economic factors. As always, it's essential to do your research and consult with a financial advisor before making any investment decisions.