Crane (NYSE:CR) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Crane (NYSE:CR - Get Free Report) released its quarterly earnings data on Monday. The conglomerate reported $1.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.10, Zacks reports. Crane had a return on equity of 24.45% and a net margin of 13.10%. Crane updated its FY 2025 guidance to 5.300-5.600 EPS.

Crane Trading Down 0.3 %

Crane stock traded down $0.40 during trading hours on Monday, reaching $148.36. The company had a trading volume of 474,214 shares, compared to its average volume of 262,721. The company has a 50-day moving average price of $151.15 and a 200 day moving average price of $160.14. Crane has a 12-month low of $127.04 and a 12-month high of $188.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.18 and a quick ratio of 0.88. The firm has a market cap of $8.52 billion, a price-to-earnings ratio of 19.65, a P/E/G ratio of 1.93 and a beta of 1.31.

Insider Activity at Crane

In other news, VP Alejandro Alcala sold 2,293 shares of Crane 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 sale, the vice president now directly owns 32,963 shares in the company, valued at $5,635,354.48. The trade was a 6.50 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.12% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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.

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