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NYSE:CRCrane Stock Price, Forecast & News

$57.29
+0.60 (+1.06 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$57.04
Now: $57.29
$58.18
50-Day Range
$46.61
MA: $52.26
$59.42
52-Week Range
$36.77
Now: $57.29
$91.23
Volume481,500 shs
Average Volume410,884 shs
Market Capitalization$3.32 billion
P/E Ratio30.97
Dividend Yield3.00%
Beta1.51
Crane Co. manufactures and sells engineered industrial products in the United States and internationally. The company's Fluid Handling segment provides on/off valves and related products for application in the chemical, oil and gas, power, and general industrial end markets; valves and related products for the non-residential construction, general industrial, and municipal markets; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets. This segment offers its products under the Crane, Saunders, Jenkins, Pacific, Xomox, Krombach, DEPA, ELRO, REVO, Flowseal, Centerline, Resistoflex, Duochek, Barksdale, Westlock, WTA, Stockham, Wask, Viking Johnson, IAT, Hattersley, NABIC, Sperryn, Wade, Rhodes, Brownall, Deming, Weinman, Burks, and Barnes brands. Its Payment & Merchandising Technologies segment provides coin acceptors and dispensers, coin hoppers and recyclers, bill validators and recyclers, and cashless systems; vending equipment that dispenses food, snack, and hot and cold beverages; and vending management software, and cashless payment and wireless connectivity products, as well as engineered banknotes. This segment serves retail self-checkout, vending, casino gaming, government lotteries, parking, transit fare collection, payment kiosks, and banking markets, as well as food and beverage companies. The company's Aerospace & Electronics segment offers original equipment and aftermarket parts under the Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon brands to commercial and military aerospace and defense markets. Its Engineered Materials segment offers fiberglass-reinforced plastic panels and coils for use in the manufacture of recreational vehicles, and truck bodies and trailers, as well as commercial and industrial buildings. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.79 out of 5 stars


Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
CUSIP22439910
Phone203-363-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.28 billion
Cash Flow$8.06 per share
Book Value$24.61 per share

Profitability

Net Income$133.30 million

Miscellaneous

Employees13,000
Market Cap$3.32 billion
Next Earnings Date7/27/2020 (Estimated)
OptionableOptionable

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Crane (NYSE:CR) Frequently Asked Questions

How has Crane's stock been impacted by COVID-19 (Coronavirus)?

Crane's stock was trading at $57.82 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CR stock has decreased by 0.9% and is now trading at $57.29. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Crane?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crane in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Crane.

When is Crane's next earnings date?

Crane is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Crane.

How were Crane's earnings last quarter?

Crane Co. (NYSE:CR) released its quarterly earnings results on Monday, April, 27th. The conglomerate reported $1.15 EPS for the quarter, missing analysts' consensus estimates of $1.26 by $0.11. The conglomerate earned $797.90 million during the quarter, compared to the consensus estimate of $820.58 million. Crane had a return on equity of 22.07% and a net margin of 3.50%. The company's revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.45 EPS. View Crane's earnings history.

How often does Crane pay dividends? What is the dividend yield for Crane?

Crane announced a quarterly dividend on Monday, April 27th. Investors of record on Friday, May 29th will be given a dividend of $0.43 per share on Wednesday, June 10th. This represents a $1.72 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend is Thursday, May 28th. View Crane's dividend history.

What guidance has Crane issued on next quarter's earnings?

Crane issued an update on its FY20 earnings guidance on Monday, April, 27th. The company provided EPS guidance of $3.00-4.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.43. The company issued revenue guidance of $2.80-3.00 billion, compared to the consensus revenue estimate of $3.27 billion.

What price target have analysts set for CR?

7 Wall Street analysts have issued 1-year target prices for Crane's shares. Their forecasts range from $58.00 to $100.00. On average, they anticipate Crane's stock price to reach $78.33 in the next year. This suggests a possible upside of 36.7% from the stock's current price. View analysts' price targets for Crane.

Has Crane been receiving favorable news coverage?

News stories about CR stock have been trending very negative on Thursday, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Crane earned a news impact score of -3.0 on InfoTrie's scale. They also assigned news headlines about the conglomerate a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCrane.

Are investors shorting Crane?

Crane saw a increase in short interest in May. As of May 15th, there was short interest totaling 719,800 shares, an increase of 24.7% from the April 30th total of 577,400 shares. Based on an average daily trading volume, of 475,900 shares, the days-to-cover ratio is presently 1.5 days. Currently, 1.5% of the shares of the company are sold short. View Crane's Current Options Chain.

Who are some of Crane's key competitors?

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), Walt Disney (DIS), Home Depot (HD), United Technologies (UTX), Adobe (ADBE), Lowe's Companies (LOW), Medtronic (MDT) and QUALCOMM (QCOM).

Who are Crane's key executives?

Crane's management team includes the following people:
  • Mr. Max H. Mitchell, Pres, CEO & Director (Age 55)
  • Mr. Richard A. Maue, Sr. VP & CFO (Age 48)
  • Mr. Anthony M. D'Iorio, VP, Gen. Counsel & Sec. (Age 55)
  • Mr. Bradley L. Ellis, Sr. VP (Age 50)
  • Mr. Louis Vernon Pinkham, Sr. VP (Age 48)

What is Crane's stock symbol?

Crane trades on the New York Stock Exchange (NYSE) under the ticker symbol "CR."

Who are Crane's major shareholders?

Crane's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.34%), Gamco Investors INC. ET AL (3.29%), Victory Capital Management Inc. (2.61%), Victory Capital Management Inc. (2.61%), State Street Corp (2.10%) and Nuveen Asset Management LLC (2.08%). Company insiders that own Crane stock include Bradley Ellis, Brendan Curran, Curtis A Baron Jr, Donald G Cook, Edward S Switter, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham, Max H Mitchell and Richard A Maue. View institutional ownership trends for Crane.

Which institutional investors are selling Crane stock?

CR stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., Dudley & Shanley Inc., Wells Fargo & Company MN, AJO LP, AQR Capital Management LLC, Two Sigma Investments LP, and Principal Financial Group Inc.. View insider buying and selling activity for Crane.

Which institutional investors are buying Crane stock?

CR stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Morgan Stanley, Deutsche Bank AG, Victory Capital Management Inc., Victory Capital Management Inc., Schroder Investment Management Group, and Foundry Partners LLC. Company insiders that have bought Crane stock in the last two years include Donald G Cook, James L L Tullis, and Max H Mitchell. View insider buying and selling activity for Crane.

How do I buy shares of Crane?

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

What is Crane's stock price today?

One share of CR stock can currently be purchased for approximately $57.29.

How big of a company is Crane?

Crane has a market capitalization of $3.32 billion and generates $3.28 billion in revenue each year. The conglomerate earns $133.30 million in net income (profit) each year or $6.02 on an earnings per share basis. Crane employs 13,000 workers across the globe.

What is Crane's official website?

The official website for Crane is www.craneco.com.

How can I contact Crane?

Crane's mailing address is 100 FIRST STAMFORD PLACE, STAMFORD CT, 06902. The conglomerate can be reached via phone at 203-363-7300 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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