Crown Crafts Inc. Stock Downgraded By TheStreet Ratings (CRWS)

NEW YORK ( TheStreet) -- Crown Crafts (Nasdaq: CRWS) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

Crown Crafts, Inc., through its subsidiaries, offers infant and toddler products primarily in the United States. The company has a P/E ratio of 8.6, below the average consumer non-durables industry P/E ratio of 8.7 and below the S&P 500 P/E ratio of 23.5. Crown Crafts has a market cap of $48.3 million and is part of the consumer goods sector and consumer non-durables industry. Shares are down 2% year to date as of the close of trading on Wednesday.

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