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NYSE:CRCrane Stock Price, Forecast & News

$51.85
-0.17 (-0.33 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$51.14
Now: $51.85
$52.39
50-Day Range
$45.53
MA: $51.06
$57.12
52-Week Range
$36.77
Now: $51.85
$91.23
Volume149,068 shs
Average Volume411,234 shs
Market Capitalization$3.01 billion
P/E Ratio28.03
Dividend Yield3.32%
Beta1.52
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
SectorMulti-Sector Conglomerates
CUSIP22439910
Phone203-363-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.28 billion
Cash Flow$7.98 per share
Book Value$24.61 per share

Profitability

Net Income$133.30 million

Miscellaneous

Employees13,000
Market Cap$3.01 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. Since then, CR stock has decreased by 10.3% and is now trading at $51.85. 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) announced its quarterly earnings data 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 net margin of 3.50% and a return on equity of 22.07%. The company's quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.45 earnings per share. View Crane's earnings history.

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

Crane declared 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 dividend on an annualized basis and a dividend yield of 3.32%. 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 earnings per share guidance of $3.00-4.25 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 12-month price objectives for Crane's stock. 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 51.1% from the stock's current price. View analysts' price targets for Crane.

Has Crane been receiving favorable news coverage?

Media headlines about CR stock have trended very positive recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crane earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave media headlines about the conglomerate a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutCrane.

Are investors shorting Crane?

Crane saw a increase in short interest during the month of 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 short-interest ratio is presently 1.5 days. Currently, 1.5% of the shares of the stock are short sold. 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 many different 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 bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Deutsche Bank AG, Victory Capital Management Inc., Victory Capital Management Inc., Schroder Investment Management Group, Foundry Partners LLC, and Alliancebernstein L.P.. 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 $51.85.

How big of a company is Crane?

Crane has a market capitalization of $3.01 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 5/25/2020 by MarketBeat.com Staff

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