NYSE:CR

Crane - CR Stock Forecast, Price & News

$90.75

+3.21 (+3.67%)

(As of 10/3/2022 11:27 AM ET)

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Today's Range: $88.38
▼
$90.75
50-Day Range: $86.00
▼
$107.60
52-Week Range: $82.14
▼
$114.87

Volume: 650 shs
Average Volume: 261,940 shs
Market Capitalization: $5.09 billion

P/E Ratio: 9.15
Dividend Yield: 2.15%
Price Target: $125.00

Crane MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 40.8% Upside
$125.00 Price Target
Short Interest: Healthy
1.37% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.32
Upright™ Environmental Score
News Sentiment: 0.13
Based on 16 Articles This Week
Insider Trading: Selling Shares
$3.29 M Sold Last Quarter
Proj. Earnings Growth: 5.86%
From $7.68 to $8.13 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Industrial Products Sector

35th out of 186 stocks

Miscellaneous Fabricated Metal Products Industry

1st out of 7 stocks

3.3

Analyst's Opinion

Consensus Rating
Crane has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $125.00, Crane has a forecasted upside of 40.8% from its current price of $88.78.
Amount of Analyst Coverage
Crane has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.37% 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 decreased by 14.11%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Crane pays a meaningful dividend of 2.15%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Crane has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Crane is 18.95%. 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 23.12% next year. This indicates that Crane will be able to sustain or increase its dividend.

1.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Crane has received a -15.87% net impact score from Upright. The largest negative impact of Crane Group Companies in category "GHG emissions" seems to be driven mostly by its "Natural gas pipes", "Airplane control systems", "Aircraft landing gear", and "Drilling equipment" products. See details.
Environmental Sustainability
The Environmental Impact score for Crane is -3.32.

2.3

News and Social Media Coverage

News Sentiment
Crane has a news sentiment score of 0.13. 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 0.58 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Crane this week, compared to 7 articles on an average week.
Search Interest
15 people have searched for CR on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Crane to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Crane insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,294,394.00 in company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Crane is held by insiders.
Percentage Held by Institutions
69.62% of the stock of Crane is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Crane are expected to grow by 5.86% in the coming year, from $7.68 to $8.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Crane is 8.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Crane is 8.95, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.69.
Price to Earnings Growth Ratio
Crane has a PEG Ratio of 1.19. 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 2.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Crane (NYSE:CR) Stock

Crane Holdings Co., together with its subsidiaries, manufactures and sells engineered industrial products in the Americas, Europe, the Middle East, Asia, and Australia. The company has four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment provides engineered fluid handling equipment for mission critical applications. It offers process valves and related products, commercial valves, and pumps and systems. The Payment & Merchandising Technologies segment provides high technology payment acceptance and dispensing products to original equipment manufacturers, and for certain vertical markets. This segment also offers currency handling and processing systems, cash and cashless payment and merchandising solutions, equipment service solutions, and connected managed service solutions. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles and in commercial and industrial buildings applications. It provides products and solutions to customers across end markets, including aerospace, defense, chemical and petrochemical, water and wastewater, payment automation, and banknote security and production, as well as for a range of general industrial and consumer applications. The company was formerly known as Crane Co. and changed its name to Crane Holdings Co. in May 2022. Crane Holdings Co. was founded in 1855 and is based in Stamford, Connecticut.

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CR Stock News Headlines

October 3, 2022 | globenewswire.com

Global Crane Market to value USD 38 Bn by 2030, Says Global Market Insights Inc - GlobeNewswire

September 29, 2022 | bizjournals.com

Crane Watch: See what's being built in Austin area - The Business Journals

September 29, 2022 | globenewswire.com

Global Crane (Mobile, Marine & Port, Fixed) Markets, 2021-2022 & 2027: Escalating Rental Services, Surging Mining Activities, Accelerating Demand from Oil Refineries, Surging Mining Activities - GlobeNewswire

September 28, 2022 | marketwatch.com

Crane and Hoist Market Size, Share 2022 : Industry Growing Rapidly with Recent Trends, Development, Revenue by 2028 | 155 Pages Report

September 28, 2022 | msn.com

3 hurt after PNR train crashes into crawler crane in Sampaloc, Manila

September 28, 2022 | marketwatch.com

Crane Claw Machines Market New Investments Expected to Boost the Demand by 2028 | 85 Pages Report

September 28, 2022 | msn.com

Several roads closed in downtown Oklahoma City to reopen after crane falls

September 28, 2022 | msn.com

California Crane Strikes Amtrak Train While Clearing Out Homeless Encampment

September 28, 2022 | msn.com

Rockets owner Tilman Fertitta, Texans' Janice McNair made Forbes' 400 list. Astros' Jim Crane didn't.

September 28, 2022 | cnn.com

The best sales to shop today: Dyson, Crane & Canopy, Roomba and more - CNN

September 26, 2022 | businesswire.com

Crane Holdings, Co. Declares Fourth Quarter Dividend - Business Wire

September 26, 2022 | finance.yahoo.com

Crane Holdings, Co. Declares Fourth Quarter Dividend

September 26, 2022 | seatrade-maritime.com

MIT-Panama adds two super post-panamax cranes - Seatrade Maritime News

September 22, 2022 | businesswire.com

Generational Equity Advises Tall Crane Equipment in its Sale to Alimak Group - Business Wire

September 21, 2022 | nasdaq.com

Why Crane Holdings (CR) is a Top Dividend Stock for Your Portfolio - Nasdaq

September 20, 2022 | abcnews.go.com

Video Crane drops on top of car in New York - ABC News

September 20, 2022 | bizjournals.com

In Her Own Words: Candace Crane's Petal delivers sweet (healthy) sips - Bizwomen - The Business Journals

September 19, 2022 | bizjournals.com

Crane Watch: Southside apartments lead this week's permits - Jacksonville Business Journal - The Business Journals

September 19, 2022 | bizjournals.com

Crane Watch: New Globeville RTD station prompts wave of construction - Denver Business Journal - The Business Journals

September 15, 2022 | washingtonpost.com

Date Lab: She had to crane her neck to get a good look at him - The Washington Post

September 13, 2022 | globenewswire.com

Mobile Cranes Market to Reach Value of US$ 27.2 Billion at 6% CAGR by 2032 | Future Market Insights, Inc. - GlobeNewswire

September 12, 2022 | bizjournals.com

Crane Watch: Apartment construction, Nemours' renovation leads this week's permits - Jacksonville Business Journal - The Business Journals

September 12, 2022 | msn.com

Police: Body found after man reported missing near Crane Lake Saturday

September 12, 2022 | msn.com

Hong Kong crane accident: widow of victim stops accepting donations, urges public to help other victims and needy families

September 11, 2022 | msn.com

Crane operator rescued at Intel campus in Chandler

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CR Company Calendar

Last Earnings: 7/25/2022
Ex-Dividend for 9/14 Dividend: 8/30/2022
Dividend Payable: 9/14/2022
Today: 10/03/2022
Next Earnings (Estimated): 10/24/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous fabricated metal products
Sub-Industry: Industrial Machinery
Sector: Industrial Products
Current Symbol: NYSE:CR
CUSIP: 22439910
CIK: 25445
Web: www.craneco.com
Phone: (203) 363-7300
Fax: 203-363-7295
Employees: 11,000
Year Founded: 1855

Price Target and Rating

Average Stock Price Forecast: $125.00
High Stock Price Forecast: $134.00
Low Stock Price Forecast: $116.00
Forecasted Upside/Downside: +37.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.92
Trailing P/E Ratio: 9.15
Forward P/E Ratio: 11.82
P/E Growth: 1.19
Net Income: $435.40 million
Net Margins: 17.56%
Pretax Margin: 21.00%
Return on Equity: 22.10%
Return on Assets: 8.98%

Debt

Debt-to-Equity Ratio: 0.45
Current Ratio: 2.04
Quick Ratio: 1.52

Sales & Book Value

Annual Sales: $3.18 billion
Price / Sales: 1.60
Cash Flow: $8.95 per share
Price / Cash Flow: 10.14
Book Value: $31.25 per share
Price / Book: 2.90

Miscellaneous

Outstanding Shares: 56,098,000
Free Float: 54,752,000
Market Cap: $5.09 billion
Optionable: Optionable
Beta: 1.51

Social Links

Key Executives

Mr. Max H. Mitchell (Age 58)
Pres, CEO & Director
Comp: $4.25M

Mr. Richard A. Maue CPA (Age 51)
Sr. VP & CFO
Comp: $1.78M

Mr. Anthony M. D'Iorio (Age 58)
Sr. VP, Gen. Counsel & Sec.
Comp: $1.25M

Mr. Kurt F. Gallo (Age 57)
Sr. VP of Payment & Merchandising Technologies and Engineered Materials
Comp: $1.26M

Mr. Alejandro Alcala (Age 47)
Sr. VP of Process Flow Technologies and Operations in China, India and the Middle East & Africa
Comp: $1.17M

Ms. Christina Cristiano (Age 49)
VP, Controller & Chief Accounting Officer

Ms. Ann K. Vinci
Chief Information Officer

Mr. Jason D. Feldman
VP of Investor Relations

Mr. James A. Lavish (Age 54)
VP of People & Performance

Ms. Tamara S. Polmanteer (Age 56)
Sr. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CR Stock - Frequently Asked Questions

Should I buy or sell Crane stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crane in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CR shares.
View CR analyst ratings or view top-rated stocks.
What is Crane's stock price forecast for 2022?: 3 brokerages have issued 1-year price targets for Crane's shares. Their CR share price forecasts range from $116.00 to $134.00. On average, they expect the company's stock price to reach $125.00 in the next twelve months. This suggests a possible upside of 42.8% from the stock's current price.
View analysts price targets for CR or view top-rated stocks among Wall Street analysts.
How have CR shares performed in 2022?: Crane's stock was trading at $101.73 at the beginning of 2022. Since then, CR shares have decreased by 13.9% and is now trading at $87.54.
View the best growth stocks for 2022 here.
Are investors shorting Crane?: Crane saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 654,900 shares, a decrease of 14.1% from the August 31st total of 762,500 shares. Based on an average daily trading volume, of 191,600 shares, the short-interest ratio is presently 3.4 days. Approximately 1.4% of the company's stock are sold short.
View Crane's Short Interest.
When is Crane's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our CR earnings forecast.
How were Crane's earnings last quarter?: Crane Holdings, Co. (NYSE:CR) announced its earnings results on Monday, July, 25th. The conglomerate reported $1.90 EPS for the quarter, topping analysts' consensus estimates of $1.81 by $0.09. The conglomerate earned $864.30 million during the quarter, compared to analysts' expectations of $821.76 million. Crane had a net margin of 17.56% and a trailing twelve-month return on equity of 22.10%. The business's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.83 EPS.
How often does Crane pay dividends? What is the dividend yield for Crane?: Crane announced a quarterly dividend on Monday, September 26th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.47 per share on Wednesday, December 14th. This represents a $1.88 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Tuesday, November 29th.
Read our dividend analysis for CR.
Is Crane a good dividend stock?: Crane (NYSE:CR) pays an annual dividend of $1.88 per share and currently has a dividend yield of 2.15%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CR will have a dividend payout ratio of 23.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CR.

What guidance has Crane issued on next quarter's earnings?: Crane issued an update on its FY 2022 earnings guidance on Monday, August, 1st. The company provided earnings per share guidance of $7.45-$7.85 for the period, compared to the consensus earnings per share estimate of $7.37. The company issued revenue guidance of -.
What is Max H. Mitchell's approval rating as Crane's CEO?: 38 employees have rated Crane Chief Executive Officer Max H. Mitchell on Glassdoor.com. Max H. Mitchell has an approval rating of 59% among the company's employees. This puts Max H. Mitchell in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Crane own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Crane investors own include Intel (INTC), Exxon Mobil (XOM), Boeing (BA), QUALCOMM (QCOM), Johnson & Johnson (JNJ), 3M (MMM), Walt Disney (DIS), Gilead Sciences (GILD), Home Depot (HD) and Lowe's Companies (LOW).
What is Crane's stock symbol?: Crane trades on the New York Stock Exchange (NYSE) under the ticker symbol "CR."
How do I buy shares of Crane?: Shares of CR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Crane's stock price today?: One share of CR stock can currently be purchased for approximately $87.54.
How much money does Crane make?: Crane (NYSE:CR) has a market capitalization of $4.91 billion and generates $3.18 billion in revenue each year. The conglomerate earns $435.40 million in net income (profit) each year or $9.92 on an earnings per share basis.
How many employees does Crane have?: The company employs 11,000 workers across the globe.
Does Crane have any subsidiaries?: The following companies are subsidiares of Crane: "CPI-Kiev" LLC, ARDAC Inc., AeroHose, Alfa Laval - The Industrial Flow Group, Armature d.o.o., Automatic Products (UK) Ltd., Automatic Products international - Assets, B. Rhodes & Son Ltd., Barksdale GmbH, Barksdale Inc., CA-MC Acquisition UK Ltd., CR Holdings C.V., CashCode Co - Assets, Coin Controls International Ltd., Coin Holdings Ltd., Coin Industries Ltd., Coin Overseas Holdings Ltd., Coin Pension Trustees Ltd., Conlux Matsumoto Co. Ltd., Consolidated Lumber Co, Corva Corp, Crane (Asia Pacific) Pte. Ltd., Crane Aerospace Inc., Crane Australia Pty. Ltd., Crane Canada Co., Crane Composites Inc., Crane Composites Ltd., Crane Controls Inc., Crane Currency, Crane Electronics Corporation, Crane Electronics Inc., Crane Environmental Inc., Crane European Financing LLC, Crane Fengqiu Zhejiang Pump Co. Ltd., Crane Fluid & Gas Systems (Suzhou) Co. Ltd., Crane Global Holdings S.L., Crane GmbH, Crane Holdings (Germany) GmbH, Crane International Capital S.a.r.l., Crane International Holdings Inc., Crane International Trading (Beijing) Co. Ltd., Crane Ireland Ventures Designated Activity Company, Crane Ltd., Crane Merchandising Systems Inc., Crane Merchandising Systems Ltd., Crane Merger Co. LLC, Crane Middle East & Africa FZE, Crane Ningjin Valve Co. Ltd., Crane North America Funding LLC, Crane Nuclear Inc., Crane Overseas LLC, Crane Payment Innovations GmbH, Crane Payment Innovations Inc., Crane Payment Innovations International Ltd., Crane Payment Innovations Ltd., Crane Payment Innovations Pty Ltd., Crane Payment Innovations Sarl, Crane Payment Innovations Srl, Crane Pension Trustee Company (UK) Limited, Crane Process Flow Technologies (India) Pvt. Ltd., Crane Process Flow Technologies GmbH, Crane Process Flow Technologies Ltd., Crane Process Flow Technologies S.P.R.L., Crane Process Flow Technologies S.r.l., Crane Pumps and Systems Inc., Crane Resistoflex GmbH, Crane SC Holdings Ltd., Crane Stockham Valve. Ltd., Crane Yongxiang (Ningbo) Valve Company Ltd., Croning Livarna d.o.o., Cummis-Allison Corp, Delta Fluid Products, Delta Fluid Products Ltd., Dixie Narco, Donald Brown (Brownall) Ltd., ELDEC Corporation, ELDEC Electronics Ltd., ELDEC France S.A.R.L, Edlon - PSI division, Environmental Products USA, Etex Group - Business, Flow Technology Inc., Friedrich Krombach GmbH Armaturenwerke, General Technology Corp., Hattersley Newman Hender - Assets, Hattersly Newman Hender Ltd., Hydro-Aire Inc., Inta-Lok Ltd., Interpoint S.A.R.L., Interpoint U.K. Limited, Kessel (Thailand) Pte. Ltd., Kontron America - Mobile Rugged Business, Laminated Profiles - Assets, Lasco Composites, Liberty Technologies, MCC Holdings Inc., MEI Australia LLC, MEI Auto Payment System (Shanghai) Ltd., MEI Conlux, MEI Conlux Holdings (Japan) Inc., MEI Conlux Holdings (US) Inc., MEI Payment Systems Hong Kong Ltd., MEI Queretaro S. de R.L. de CV, MEI de Mexico LLC, MOVATS - Nuclear Valve Division, Merrimac Industries, Merrimac Industries Inc., Mondais Holdings B.V., Money Controls, Money Controls Argentina SA, Money Controls Holdings Ltd., Multi-Mix Microtechnology SRL, NABIC Valve Safety Products Ltd., Nippon Conlux Co. Ltd., Noble Composites, Noble Composites Inc., Number One Supply, Owens Corning - FRP Panel Business, P.L. Porter, P.T. Crane Indonesia, Pegler Hattersly Ltd., Resistoflex, Sequentia Holdings, Signal Technology, Sperryn & Company Ltd., Stentorfield, Streamware, Telequip, Terminal Manufacturing Co., The Dow Chemical - Plastic-Lined Piping Products division, The Krombach Group, Triangle Valve Co. Ltd., Unidynamics / Phoenix Inc., Ventech Controls, Viking Johnson Ltd., W.T. Armatur GmbH, Wade Couplings Ltd., Wask Ltd., Westlock Controls, Xomox, Xomox Chihuahua S.A. de C.V., Xomox Corporation, Xomox Corporation de Venezuela C.A., Xomox France S.A.S., Xomox Hungary Kft., Xomox International GmbH & Co. OHG, Xomox Japan Ltd., Xomox Korea Ltd., Xomox Sanmar Ltd., and Yilme Holdings B.V..
Read More
How can I contact Crane?: Crane's mailing address is 100 FIRST STAMFORD PLACE, STAMFORD CT, 06902. The official website for the company is www.craneco.com. The conglomerate can be reached via phone at (203) 363-7300, via email at investors@craneco.com, or via fax at 203-363-7295.

This page (NYSE:CR) was last updated on 10/3/2022 by MarketBeat.com Staff

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Crane - CR Stock Forecast, Price & News

Crane MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Crane (NYSE:CR) Stock

CR Stock News Headlines

CR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CR Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™