Zenon Nie - Crown Crafts Lead Independent Director

CRWS Stock  USD 5.14  0.03  0.59%   

Director

Mr. Zenon S. Nie is Lead Independent Director of the Company. He is Chairman of the Board, President and Chief Executive Officer of the CEO Advisory Board LLC, a management consulting firm he founded in 2000, and since 2001 has also been an operating partner in TriArtisan Partners, which merged with Morgan Joseph to form Morgan Joseph TriArtisan LLC in January 2011. From 1993 to 2000, he was Chairman of the Board, President, Chief Executive Officer and Chief Operating Officer of Simmons Company, a billiondollar international manufacturer and distributor of mattresses. From 1991 to 1993, he was President of the Consumer Home Fashion division of the Bibb Company, which included the Juvenile Products textile division. Prior to that, he was President of Serta Incorporated and held other senior executive positions at both Serta and Sealy Incorporated over the previous 13 years. Mr. Nie has earned the CERT Certificate in Cybersecurity Oversight for directors from the Software Engineering Institute at Carnegie Mellon University and is a National Association of Corporationrationrate Directors Leadership Fellow. since 2010.
Age 66
Tenure 14 years
Address 916 South Burnside Avenue, Gonzales, LA, United States, 70737
Phone225 647 9100
Webhttps://www.crowncrafts.com

Zenon Nie Latest Insider Activity

Tracking and analyzing the buying and selling activities of Zenon Nie against Crown Crafts stock is an integral part of due diligence when investing in Crown Crafts. Zenon Nie insider activity provides valuable insight into whether Crown Crafts is net buyers or sellers over its current business cycle. Note, Crown Crafts insiders must abide by specific rules, including filing SEC forms every time they buy or sell Crown Crafts'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Crown Crafts Management Efficiency

The company has return on total asset (ROA) of 0.057 % which means that it generated a profit of $0.057 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0942 %, meaning that it created $0.0942 on every $100 dollars invested by stockholders. Crown Crafts' management efficiency ratios could be used to measure how well Crown Crafts manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.13 in 2024, whereas Return On Capital Employed is likely to drop 0.12 in 2024. At this time, Crown Crafts' Return On Tangible Assets are comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 43.66 in 2024, whereas Non Current Assets Total are likely to drop slightly above 24.1 M in 2024.
The company currently holds 12.67 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Crown Crafts has a current ratio of 4.48, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Crown Crafts until it has trouble settling it off, either with new capital or with free cash flow. So, Crown Crafts' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Crown Crafts sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crown to invest in growth at high rates of return. When we think about Crown Crafts' use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Annamaria NatuzziNatuzzi SpA
43
Michael EdwardsFlexsteel Industries
57
Michael LawtonLa Z Boy Incorporated
61
James HackettLa Z Boy Incorporated
65
John DoonerEthan Allen Interiors
72
Thomas LevineFlexsteel Industries
68
David MoonAmerican Woodmark
55
Howard HaworthBassett Furniture Industries
80
Gary HuangMasterBrand
N/A
Giuseppe MarinoNatuzzi SpA
45
Martha DallyAmerican Woodmark
64
Simon KeyserMasterBrand
44
Giuseppe DesantisNatuzzi SpA
48
Martha HayesAmerican Woodmark
66
J McDowellBassett Furniture Industries
67
Dale PondBassett Furniture Industries
68
Pasquale NatuzziNatuzzi SpA
34
Anthony GalliganMasterBrand
N/A
Janet KerrLa Z Boy Incorporated
65
John BelkBassett Furniture Industries
58
James RichardsonFlexsteel Industries
69
Crown Crafts, Inc., through its subsidiaries, operates in the consumer products industry in the United States and internationally. Crown Crafts, Inc. was incorporated in 1957 and is headquartered in Gonzales, Louisiana. Crown Crafts operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 126 people. Crown Crafts (CRWS) is traded on NASDAQ Exchange in USA. It is located in 916 South Burnside Avenue, Gonzales, LA, United States, 70737 and employs 172 people. Crown Crafts is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification.

Management Performance

Crown Crafts Leadership Team

Elected by the shareholders, the Crown Crafts' board of directors comprises two types of representatives: Crown Crafts inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crown. The board's role is to monitor Crown Crafts' management team and ensure that shareholders' interests are well served. Crown Crafts' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Crown Crafts' outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald Ratajczak, Independent Director
Kenneth Cowart, Corporate Systems
Olivia Elliott, CFO, Principal Accounting Officer, VP and Secretary
Craig Demarest, CFO VP
Zenon Nie, Lead Independent Director
Nanci Freeman, CEO of Crown Crafts Infant Products Inc and President of Crown Crafts Infant Products Inc
Randall Chestnut, Chairman, CEO and President and Member of Capital Committee
Mary Bush, Director Sales
Patricia Stensrud, Independent Director
Donna Sheridan, President and CEO of NoJo Baby & Kids, Inc.
Sidney Kirschner, Independent Director

Crown Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Crown Crafts a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Crown Crafts

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crown Crafts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crown Crafts will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Crown Crafts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crown Crafts when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crown Crafts - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crown Crafts to buy it.
The correlation of Crown Crafts is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crown Crafts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crown Crafts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crown Crafts can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Crown Crafts is a strong investment it is important to analyze Crown Crafts' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crown Crafts' future performance. For an informed investment choice regarding Crown Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crown Crafts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Crown Stock please use our How to Invest in Crown Crafts guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Crown Stock analysis

When running Crown Crafts' price analysis, check to measure Crown Crafts' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crown Crafts is operating at the current time. Most of Crown Crafts' value examination focuses on studying past and present price action to predict the probability of Crown Crafts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crown Crafts' price. Additionally, you may evaluate how the addition of Crown Crafts to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Is Crown Crafts' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crown Crafts. If investors know Crown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crown Crafts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.278
Dividend Share
0.32
Earnings Share
0.46
Revenue Per Share
8.515
Quarterly Revenue Growth
0.252
The market value of Crown Crafts is measured differently than its book value, which is the value of Crown that is recorded on the company's balance sheet. Investors also form their own opinion of Crown Crafts' value that differs from its market value or its book value, called intrinsic value, which is Crown Crafts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crown Crafts' market value can be influenced by many factors that don't directly affect Crown Crafts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crown Crafts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crown Crafts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crown Crafts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.