NYSE:CR - Crane Stock Price, Price Target & More

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$83.01 -0.77 (-0.92 %)
(As of 06/20/2018 06:00 AM ET)
Previous Close$83.01
Today's Range$81.71 - $83.5780
52-Week Range$71.23 - $102.65
Volume339,038 shs
Average Volume228,710 shs
Market Capitalization$5.00 billion
P/E Ratio17.49
Dividend Yield1.67%
Beta1.2
Crane logoCrane Co. manufactures and sells engineered industrial products worldwide. The company's Fluid Handling segment offers process valves and related products, including 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 names. 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 provides original equipment and aftermarket parts under the Hydro-Aire, ELDEC, Lear Romec, P.L. Porter, Keltec, Interpoint, Signal Technology, Merrimac Industries, and Polyflon names to commercial and military aerospace, and defense markets. Its Engineered Materials segment offers fiberglass-reinforced plastic panels and coils for use in the manufacturing of recreational vehicles, and truck bodies and trailers, as well as commercial and industrial buildings. The company was founded in 1855 and is based in Stamford, Connecticut.

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Industry, Sector and Symbol

Industry Miscellaneous fabricated metal products
Sub-IndustryIndustrial Machinery
SectorMulti-Sector Conglomerates
SymbolNYSE:CR
CUSIP22439910
Webwww.craneco.com
Phone203-363-7300

Debt

Debt-to-Equity Ratio0.79
Current Ratio1.79
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio17.49
Forward P/E Ratio14.74
P/E Growth1.44

Sales & Book Value

Annual Sales$2.79 billion
Price / Sales1.78
Cash Flow$5.7806 per share
Price / Cash14.36
Book Value$22.72 per share
Price / Book3.65

Profitability

EPS (Most Recent Fiscal Year)$4.53
Net Income$171.80 million
Net Margins6.09%
Return on Equity21.08%
Return on Assets7.64%

Miscellaneous

Employees10,600
Outstanding Shares59,700,000

Crane (NYSE:CR) Frequently Asked Questions

What is Crane's stock symbol?

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

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

Crane announced a quarterly dividend on Monday, April 23rd. Stockholders of record on Thursday, May 31st will be given a dividend of $0.35 per share on Friday, June 8th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Wednesday, May 30th. View Crane's Dividend History.

How were Crane's earnings last quarter?

Crane Co. (NYSE:CR) released its earnings results on Monday, April, 23rd. The conglomerate reported $1.31 EPS for the quarter, topping the Zacks' consensus estimate of $1.27 by $0.04. The conglomerate earned $799 million during the quarter, compared to the consensus estimate of $802.47 million. Crane had a net margin of 6.09% and a return on equity of 21.08%. The business's revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.05 EPS. View Crane's Earnings History.

When is Crane's next earnings date?

Crane is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Crane.

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

Crane updated its FY18 earnings guidance on Monday, April, 23rd. The company provided earnings per share guidance of $5.45-5.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.52.

What price target have analysts set for CR?

14 equities research analysts have issued 1 year price objectives for Crane's shares. Their forecasts range from $95.00 to $120.00. On average, they expect Crane's share price to reach $107.25 in the next twelve months. View Analyst Ratings for Crane.

What are Wall Street analysts saying about Crane stock?

Here are some recent quotes from research analysts about Crane stock:
  • 1. According to Zacks Investment Research, "In a year’s time, Crane's shares have outperformed the industry by a huge margin. The company is also enjoying bullish analyst attention, as the company’s Zacks Consensus Estimate for 2018 has moved north over the past couple of months. Crane's emerging track record, robust earnings growth profile and cash generation indicate a bright future for the company. Going forward, the company expects to gain from solid organic growth potential, tax cuts and its repositioning initiatives. The Crane Currency buyout will strengthen the company’s foothold in the currency and payments market, and will be accretive to earnings this year itself. However, the company faces a complex and competitive environment, and is thus vulnerable to adverse trade regulations and uncertain economic conditions." (6/6/2018)
  • 2. Canaccord Genuity analysts commented, "We recently spent a day on the road with Crane management. While the company’s message remains consistent with the outlook provided at the recent investor day, we are confident in the potential upside from the Crane Currency acquisition, and believe the expected mid-teens EPS growth through 2021 will be a positive catalyst for the stock. Crane remains vulnerable to broader economic factors, but there appears to be little near-term risk associated with the steel and aluminum tariffs, based on what we know about the implementation, and the macro assumptions embedded in the 2018 guidance appear conservative. We like the Crane Currency acquisition, and believe that as management delivers on the earnings contribution from the acquisition (as well as the repositioning), we will see a steady improvement in investor sentiment. Much of the focus was on the timing of the Crane Currency integration." (3/12/2018)

Who are some of Crane's key competitors?

Who are Crane's key executives?

Crane's management team includes the folowing people:
  • Mr. Max H. Mitchell, Pres, CEO & Director (Age 54)
  • Mr. Richard A. Maue, VP of Fin. & CFO (Age 47)
  • Mr. Bradley L. Ellis, Sr. VP (Age 49)
  • Mr. Louis Vernon Pinkham, Sr. VP (Age 47)
  • Mr. Jason D. Feldman, Director of Investor Relations

Has Crane been receiving favorable news coverage?

News headlines about CR stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Crane earned a media sentiment score of 0.24 on Accern's scale. They also assigned media stories about the conglomerate an impact score of 46.50 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Crane's major shareholders?

Crane's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.21%), Gamco Investors INC. ET AL (3.98%), Principal Financial Group Inc. (2.38%), Principal Financial Group Inc. (2.38%), Gabelli Funds LLC (1.85%) and Victory Capital Management Inc. (1.54%). Company insiders that own Crane stock include A D Pantaleoni, Augustus I Dupont, Bradley Ellis, Brendan Curran, Curtis A Baron Jr, E Thayer Bigelow, Edward S Switter, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham, Philip R Lochner, Richard A Maue and Thomas J Craney. View Institutional Ownership Trends for Crane.

Which major investors are selling Crane stock?

CR stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Gamco Investors INC. ET AL, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Mesirow Financial Investment Management Equity Management, Prudential Financial Inc., Schwab Charles Investment Management Inc. and Guggenheim Capital LLC. Company insiders that have sold Crane company stock in the last year include A D Pantaleoni, Augustus I Dupont, Brendan Curran, E Thayer Bigelow, Edward S Switter, James A Lavish, James L L Tullis and Kristian Robert Salovaara. View Insider Buying and Selling for Crane.

Which major investors are buying Crane stock?

CR stock was bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Hancock Holding Co., Lord Abbett & CO. LLC, Millennium Management LLC, Principal Financial Group Inc., Principal Financial Group Inc., WBI Investments Inc. and BlackRock Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Crane's stock price today?

One share of CR stock can currently be purchased for approximately $83.01.

How big of a company is Crane?

Crane has a market capitalization of $5.00 billion and generates $2.79 billion in revenue each year. The conglomerate earns $171.80 million in net income (profit) each year or $4.53 on an earnings per share basis. Crane employs 10,600 workers across the globe.

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]


MarketBeat Community Rating for Crane (CR)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  301 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  709
MarketBeat's community ratings are surveys of what our community members think about Crane and other stocks. Vote "Outperform" if you believe CR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff
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