Crane (NYSE:CR) Releases FY 2025 Earnings Guidance

Key Points

• Crane has issued FY 2025 earnings guidance with an EPS of $5.500-$5.800, slightly above the consensus estimate of $5.536, along with revenue guidance of $2.3 billion.
• Investment analysts have a positive outlook on Crane, with a current average target price of $207.50, and the stock is rated as a "Moderate Buy" by several firms.
• The company recently announced a quarterly dividend of $0.23 per share, representing an annualized yield of 0.48%, with a low payout ratio of 15.94%.

Crane (NYSE:CR - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.500-5.800 for the period, compared to the consensus estimate of 5.536. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

Analysts Set New Price Targets

A number of research firms have weighed in on CR. DA Davidson reissued a "buy" rating and set a $200.00 price objective on shares of Crane in a research note on Tuesday, June 10th. UBS Group set a $215.00 price target on Crane and gave the company a "buy" rating in a research note on Tuesday, June 10th. Deutsche Bank Aktiengesellschaft upped their price target on Crane from $187.00 to $226.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Finally, Stifel Nicolaus upped their price target on Crane from $165.00 to $189.00 and gave the company a "hold" rating in a research note on Monday, July 21st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $207.50.

Crane Trading Down 0.1%

Crane stock traded down $0.18 during midday trading on Monday, reaching $190.55. 297,569 shares of the stock traded hands, compared to its average volume of 314,894. The company has a 50-day simple moving average of $182.99 and a two-hundred day simple moving average of $167.00. Crane has a 12-month low of $127.04 and a 12-month high of $195.00. The firm has a market cap of $10.96 billion, a PE ratio of 25.24, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.29.

Crane (NYSE:CR - Get Free Report) last posted its quarterly earnings results on Monday, July 28th. The conglomerate reported $1.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.33 by $0.16. Crane had a return on equity of 24.45% and a net margin of 13.10%. The firm's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company posted $1.20 EPS. Research analysts expect that Crane will post 7.87 earnings per share for the current fiscal year.

Crane Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Friday, August 29th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.48%. Crane's dividend payout ratio (DPR) is presently 15.94%.

Insider Buying and Selling at Crane

In other news, SVP Jason D. Feldman sold 1,300 shares of the firm's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $177.10, for a total transaction of $230,230.00. Following the sale, the senior vice president owned 9,796 shares of the company's stock, valued at approximately $1,734,871.60. This trade represents a 11.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.12% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of Crane by 27.4% in the 1st quarter. Royal Bank of Canada now owns 22,060 shares of the conglomerate's stock valued at $3,379,000 after purchasing an additional 4,749 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Crane by 23.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 440,817 shares of the conglomerate's stock valued at $67,524,000 after purchasing an additional 84,278 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Crane by 3.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,776 shares of the conglomerate's stock valued at $20,951,000 after purchasing an additional 4,217 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Crane by 17.0% in the 1st quarter. Focus Partners Wealth now owns 1,696 shares of the conglomerate's stock valued at $257,000 after purchasing an additional 246 shares during the last quarter. Institutional investors and hedge funds own 75.14% of the company's stock.

Crane Company Profile

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.

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