moncler mens jackets on sale earnings

Crown Crafts Continues To Perform And Still Sports A 4 It has been roughly eight months since I last wrote about microcap Crown Crafts (NASDAQ:CRWS). Since then I believe the case for it being an attractive investment has strengthened. The dividend continues to be handsome, the balance sheet is looking incredibly strong, and both the top and bottom lines are improving.
Shares of the company are trading relatively in the same area as they were eight months ago. This is illogical since I believe the company is in a better position as of today. On August 12th, the company reported results of another solid quarter. For what is typically the softest quarter of the year for the company, it preformed quite well. Revenue was up about 14% and earnings increased 17% (excluding one time legal fees the company paid in fiscal Q1 2015). Including legal fees from the prior year, moncler mens jackets on sale earnings increased 32%.
The earnings increase beat analyst estimates coming in at 9 cents per share. Trailing twelvemonth earnings per share are now 63 cents. This mean the shares are trading at an attractive 12.8 multiple in relation to earnings. The company is also trading below one times sales. This puts the shares in an awfully attractive position, and I believe even better than they were eight months ago.
Not only that, but the company also improved its financial position moncler women coats sale greatly. It remains debtfree and sports an even more impressive cash position. With nearly $8.25M in cash, it has almost $1 a share in cash alone. This cash position continues to be a great buffer for the dividend, which is one of the most attractive things about an investment in the company.
With the quarterly results, the company also announced its 23rd consecutive quarterly dividend. At 8 cents quarterly, the shares continue to sport a 4% yield. I believe the relatively higher yield and safety of the dividend make up for the little to no dividend growth (it did raise the dividend 100% in 2012). At 32 cents annually, the company sports a payout ratio of around 50% which is plenty safe. On top of that, the cash position amounts to nearly three years worth of annual dividends. moncler mens vests

Being a higher yielding microcap, I think the company is an interesting diversification play in one's portfolio. Although it is not a dividend growth play, it is a steady and reliable payer. Being so small and paying such a nice dividend makes this company truly one of the most unique investments in the market.