Crown Crafts (CRWS) Is Running Behind In The Race Of RG Barry (DFZ), Actuant (ATU), Conagra Foods (CAG)

Crown Crafts Inc. (CRWS) said that its net income for the fourth quarter of fiscal 2014 increased to $2.0 million or $0.21 per share, from $1.9 million or $0.19 per share in the fourth quarter of fiscal 2013. Analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share for the quarter. Crown Crafts Inc (NCM : CRWS), Apparel Manufacturing company, shares after opening at $8.08 hit its intraday high price of $8.14 moreover then closed at $7.8975 while shares dropped -2.50%. Market capitalization of Crown Crafts Inc is worth nearly $77.8 million. The stock’s 52-week range is as $9.62 – $5.72. Investment experts consider it a ‘Buy’ stock.

Accessories marketer R. G. Barry Corp. (DFZ) said that it continues to work toward completing the merger with Mill Road Capital and expects to hold a shareholder meeting to vote on the adoption of the Merger Agreement during the third quarter of calendar 2014. The company stated that its board has not changed its recommendation that the Company’s shareholders vote to adopt the Merger Agreement with Mill Road Capital. R. RG Barry Corp (NASDAQ : DFZ), Footwear & Accessories company, slashed -4.07% (or -$0.80) in last trading session and ended the day on $18.85, after wavering among $18.85 and $19.10. At the closing bell, shares in RG Barry Corp recorded a trading volume of 65457 shares as compared to its average volume of 42898 shares. Total market capitalization of company is $210.7 million. Trade experts mull over it as ‘Buy’ stock.

Actuant Corp. (ATU), a manufacturer of industrial products, Wednesday reported third-quarter earnings of $50.55 million or $0.70 per share compared with a loss of $92.98 million or $1.24 per share in the year-ago period. The company’s net earnings from continuing operations rose to $50.6 million or $0.70 per share from $46.1 million or $0.62 per share last year. On last trading day Actuant Corp (NYSE : ATU), Diversified Industrials company, shares ended up $34.70, while trading in range of $34.44 and $35.10 by shares crashed -4.41%. With 1137073 of its shares exchanged hands during the day versus its average volume of 638548, market capitalization of Actuant Corp moved to 2.464 billion. The float was recorded 72.03 million compared to 71.02 million outstanding shares. Wall Street Experts rated it a ‘Buy’ stock.

Branded foods maker ConAgra Foods, Inc. (CAG) Wednesday said in a preliminary statement that fourth-quarter earnings will be below prior expectations, citing disappointing Consumer Foods volume performance. The revised projections will results in an estimated $681 million of non-cash impairment charges in the fiscal 2014 fourth quarter, the company said. On last trading day ConAgra Foods Inc (NYSE : CAG), Packaged Foods company, shares ended up $30.46, while trading in range of $30.18 and $31.35 by shares slid -7.28%. ConAgra Foods Inc’s return on investment is 5.80. The stock’s 52-week range is $37.28 – $28.09. We recommend to ‘Buy’ the stock.

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Elizabeth Clark, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Elizabeth Clark, you can write at [Elizabeth.Clark@downtownleader.com ].

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