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NYSE:CR

Crane (CR) Stock Price, News & Analysis

Crane logo
$152.80 +0.27 (+0.18%)
(As of 12/20/2024 05:16 PM ET)

About Crane Stock (NYSE:CR)

Key Stats

Today's Range
$150.48
$154.20
50-Day Range
$149.00
$185.12
52-Week Range
$110.49
$188.52
Volume
894,009 shs
Average Volume
238,855 shs
Market Capitalization
$8.75 billion
P/E Ratio
20.24
Dividend Yield
0.54%
Price Target
$167.00
Consensus Rating
Moderate Buy

Company Overview

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. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts for commercial aerospace, as well as the military aerospace, defense, and space markets. This segment also offers pressure sensors for aircraft engine control, aircraft braking systems for commercial aircraft and fighter jets, power conversion solutions for spacecraft, and lubrication systems. The Process Flow Technologies segment provides engineered fluid handling equipment for mission-critical applications. It offers process valves and related products, such as lined pipe, fittings and hoses, air-operated diaphragm and peristaltic pumps, instrumentation and sampling systems, valve positioning and control systems, and valve diagnostic and calibration systems; commercial valves; and pumps and systems. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, as well as in commercial and industrial building applications. This segment sells directly to RV, trailer, and truck manufacturers, as well as through distributors and retailers. The company provides its products and solutions to end markets, including commercial and military aerospace, defense, and space; chemical and pharmaceutical production; water and wastewater; non-residential and municipal construction; energy; and other general industrial and consumer-related applications. The company was formerly known as Crane Holdings, Co. Crane Company was founded in 1855 and is based in Stamford, Connecticut.

Crane Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

CR MarketRank™: 

Crane scored higher than 67% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Crane has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Crane has only been the subject of 2 research reports in the past 90 days.

  • Read more about Crane's stock forecast and price target.
  • Earnings Growth

    Earnings for Crane are expected to grow by 8.89% in the coming year, from $7.87 to $8.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Crane is 20.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Crane is 20.24, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 427.60.

  • Price to Earnings Growth Ratio

    Crane has a PEG Ratio of 1.93. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Crane has a P/B Ratio of 4.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.43% of the float of Crane has been sold short.
  • Short Interest Ratio / Days to Cover

    Crane has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Crane has recently increased by 13.43%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Crane has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Crane does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Crane is 18.06%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Crane will have a dividend payout ratio of 9.57% next year. This indicates that Crane will be able to sustain or increase its dividend.

  • Read more about Crane's dividend.
  • Percentage of Shares Shorted

    1.43% of the float of Crane has been sold short.
  • Short Interest Ratio / Days to Cover

    Crane has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Crane has recently increased by 13.43%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Crane has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for Crane this week, compared to 21 articles on an average week.
  • Search Interest

    11 people have searched for CR on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Crane to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Crane insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.86% of the stock of Crane is held by insiders.

  • Percentage Held by Institutions

    75.14% of the stock of Crane is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Crane's insider trading history.
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CR Stock News Headlines

I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
See More Headlines

CR Stock Analysis - Frequently Asked Questions

Crane's stock was trading at $118.14 at the beginning of 2024. Since then, CR shares have increased by 29.3% and is now trading at $152.80.
View the best growth stocks for 2024 here
.

Crane (NYSE:CR) released its quarterly earnings data on Monday, October, 28th. The conglomerate reported $1.38 EPS for the quarter, topping the consensus estimate of $1.32 by $0.06. The company's revenue was up 12.7% on a year-over-year basis.

Crane subsidiaries include these companies: Cummis-Allison Corp, Crane Currency, Westlock Controls, MEI Conlux, W.T. Armatur GmbH, Money Controls, Merrimac Industries, and more.

Top institutional shareholders of Crane include FMR LLC (6.30%), State Street Corp (2.47%), Geode Capital Management LLC (1.42%) and Congress Asset Management Co. (1.40%). Insiders that own company stock include Max H Mitchell, Richard A Maue, Edward S Switter, Alejandro Alcala and Kurt F Gallo.
View institutional ownership trends
.

Shares of CR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Crane investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Advanced Micro Devices (AMD), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

Last Earnings
10/28/2024
Ex-Dividend for 12/11 Dividend
11/29/2024
Dividend Payable
12/11/2024
Today
12/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
Industrial Machinery
CUSIP
22439910
Employees
11,000
Year Founded
1855

Price Target and Rating

Average Stock Price Target
$167.00
High Stock Price Target
$182.00
Low Stock Price Target
$152.00
Potential Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$401.10 million
Pretax Margin
16.68%

Debt

Sales & Book Value

Annual Sales
$2.28 billion
Cash Flow
$13.66 per share
Book Value
$33.91 per share

Miscellaneous

Free Float
55,078,000
Market Cap
$8.75 billion
Optionable
Optionable
Beta
0.93

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This page (NYSE:CR) was last updated on 12/21/2024 by MarketBeat.com Staff
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