Crane (CR) Projected to Post Earnings on Monday

Crane (NYSE:CR - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $1.29 per share and revenue of $546.93 million for the quarter. Crane has set its FY 2025 guidance at 5.300-5.600 EPS.

Crane (NYSE:CR - Get Free Report) last released its quarterly earnings results on Monday, January 27th. The conglomerate reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.07. Crane had a net margin of 13.10% and a return on equity of 24.45%. During the same period in the previous year, the company earned $0.90 EPS. On average, analysts expect Crane to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Crane Trading Up 1.1 %

CR stock traded up $1.48 during trading on Wednesday, reaching $141.89. The company had a trading volume of 385,356 shares, compared to its average volume of 261,944. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. Crane has a 52 week low of $127.04 and a 52 week high of $188.52. The business has a 50 day moving average of $152.68 and a 200 day moving average of $160.33. The company has a market cap of $8.14 billion, a P/E ratio of 18.79, a PEG ratio of 1.93 and a beta of 1.31.

Crane Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were given a dividend of $0.23 per share. The ex-dividend date was Friday, February 28th. This represents a $0.92 annualized dividend and a yield of 0.65%. This is a positive change from Crane's previous quarterly dividend of $0.21. Crane's dividend payout ratio (DPR) is currently 18.18%.

Wall Street Analyst Weigh In

CR has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $186.00 price objective on shares of Crane and gave the stock a "buy" rating in a report on Monday, April 14th. DA Davidson reaffirmed a "buy" rating and set a $200.00 price objective on shares of Crane in a research report on Tuesday, March 11th. UBS Group boosted their target price on Crane from $152.00 to $157.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. StockNews.com downgraded Crane from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Finally, Stifel Nicolaus dropped their price target on shares of Crane from $170.00 to $144.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Crane currently has an average rating of "Moderate Buy" and an average price target of $170.40.

Insider Transactions at Crane

In other news, VP Alejandro Alcala sold 2,293 shares of the business's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $170.96, for a total transaction of $392,011.28. Following the completion of the transaction, the vice president now directly owns 32,963 shares of the company's stock, valued at $5,635,354.48. The trade was a 6.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.12% of the company's stock.

About Crane

Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials.