Crane (CR) Expected to Announce Earnings on Monday

Crane (NYSE:CR - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect Crane to post 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 issued its earnings results on Monday, January 27th. The conglomerate reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.07. Crane had a return on equity of 24.45% and a net margin of 13.10%. During the same quarter in the prior year, the firm posted $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 Price Performance

NYSE CR traded down $1.37 on Friday, reaching $148.06. The company had a trading volume of 132,297 shares, compared to its average volume of 319,891. The stock has a market capitalization of $8.50 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 1.93 and a beta of 1.31. Crane has a 12 month low of $127.04 and a 12 month high of $188.52. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. The firm's 50 day moving average price is $151.63 and its 200 day moving average price is $160.14.

Crane Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a $0.23 dividend. This is a boost from Crane's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.62%. Crane's payout ratio is 18.18%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CR. DA Davidson reiterated a "buy" rating and issued a $200.00 price target on shares of Crane in a report on Tuesday, March 11th. Stifel Nicolaus cut their price target on Crane from $170.00 to $144.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Deutsche Bank Aktiengesellschaft set a $186.00 price objective on shares of Crane and gave the stock a "buy" rating in a research note on Monday, April 14th. UBS Group raised their target price on shares of Crane from $152.00 to $157.00 and gave the company a "neutral" rating in a research report on Friday, January 3rd. Finally, StockNews.com cut shares of Crane from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $170.40.

Insider Activity at Crane

In other Crane news, VP Alejandro Alcala sold 2,293 shares of the firm'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 value of $392,011.28. Following the completion of the transaction, the vice president now owns 32,963 shares of the company's stock, valued at $5,635,354.48. This trade represents a 6.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 2.12% of the stock is currently owned by insiders.

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.