Crane Co. (Crane) is a manufacturer of engineered industrial products. The Company operates through four segments, including Fluid Handling, Payment & Merchandising Technologies, Aerospace & Electronics, and Engineered Materials. The Fluid Handling segment is a provider of engineered fluid handling equipment, including Process Valves and Related Products, Commercial Valves and Other Products. The Payment & Merchandising Technologies segment includes Crane Payment Innovations (CPI) and Merchandising Systems. The Aerospace & Electronics segment supplies various components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace and military aerospace, and defense markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic (FRP) panels and coils, primarily for use in the manufacturing of recreational vehicles (RVs), truck bodies, truck trailers, with additional applications in commercial and industrial buildings.
Industry, Sector and Symbol:
- Sector: Multi-Sector Conglomerates
- Industry: Industrial Machinery & Equipment - NEC
- Sub-Industry: Industrial Machinery
- Symbol: NYSE:CR
- CUSIP: 22439910
- Web: www.craneco.com
- Market Cap: $4.35 billion
- Outstanding Shares: 59,600,000
- 50 Day Moving Avg: $78.52
- 200 Day Moving Avg: $76.76
- 52 Week Range: $59.81 - $84.34
Sales & Book Value:
- Trailing P/E Ratio: 33.24
- Foreward P/E Ratio: 14.56
- P/E Growth: 1.82
- Annual Revenue: $2.75 billion
- Price / Sales: 1.58
- Book Value: $22.13 per share
- Price / Book: 3.30
- Annual Dividend: $1.32
- Dividend Yield: 1.8%
- EBIDTA: $482 million
- Net Margins: 4.79%
- Return on Equity: 20.57%
- Return on Assets: 7.49%
- Debt-to-Equity Ratio: 0.56%
- Current Ratio: 2.78%
- Quick Ratio: 2.02%
- Average Volume: 357,744 shs.
- Beta: 1.1
- Short Ratio: 1.32
Frequently Asked Questions for Crane Company (NYSE:CR)
What is Crane Company's stock symbol?
Crane Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "CR."
How often does Crane Company pay dividends? What is the dividend yield for Crane Company?
Crane Company declared a quarterly dividend on Monday, July 24th. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.33 per share on Friday, September 8th. This represents a $1.32 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Tuesday, August 29th. View Crane Company's Dividend History.
How were Crane Company's earnings last quarter?
Crane Company (NYSE:CR) announced its quarterly earnings data on Monday, July, 24th. The company reported $1.17 EPS for the quarter, hitting the Zacks' consensus estimate of $1.17. The business earned $702.50 million during the quarter, compared to analysts' expectations of $702.53 million. Crane Company had a return on equity of 20.57% and a net margin of 4.79%. Crane Company's revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.21 EPS. View Crane Company's Earnings History.
When will Crane Company make its next earnings announcement?
What guidance has Crane Company issued on next quarter's earnings?
Crane Company updated its FY17 earnings guidance on Monday, July, 24th. The company provided earnings per share (EPS) guidance of $4.35-4.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.51.
Where is Crane Company's stock going? Where will Crane Company's stock price be in 2017?
11 equities research analysts have issued 12 month price objectives for Crane Company's shares. Their forecasts range from $8.00 to $92.00. On average, they expect Crane Company's share price to reach $74.57 in the next twelve months. View Analyst Ratings for Crane Company.
Who are some of Crane Company's key competitors?
Some companies that are related to Crane Company include Snap-On Incorporated (SNA), Gardner Denver Holdings (GDI), Woodward (WWD), Spirax-Sarco Engineering plc (SPX), Weir Group PLC (WEIR), Timken Company (The) (TKR), Barnes Group (B), IMI plc (IMI), Manitowoc Food Service (WBT), KLX (KLXI), Rexnord Corporation (RXN), Hillenbrand (HI), Proto Labs (PRLB), Mueller Water Products (MWA), Kaman Corporation (KAMN), Actuant Corporation (ATU), SPX FLOW (FLOW) and Comfort Systems USA (FIX).
Who are Crane Company's key executives?
Crane Company's management team includes the folowing people:
- Max H. Mitchell, President, Chief Executive Officer, Director
- Richard A. Maue, Vice President - Finance, Chief Financial Officer
- Thomas J. Craney, Group President - Engineered Materials
- Brendan J. Curran, President - Aerospace & Electronics
- Bradley L. Ellis, Senior Vice President
- Louis V. Pinkham, Senior Vice President
- Augustus I. duPont, Vice President, General Counsel, Secretary
- Curtis A. Baron Jr., Vice President, Controller
- Edward S. Switter, Vice President - Tax, Treasurer
- James A. Lavish, Vice President - CBS, People & Performance
Who owns Crane Company stock?
Crane Company's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.92%), BlackRock Inc. (6.85%), Gamco Investors INC. ET AL (4.44%), State Street Corp (2.17%), Principal Financial Group Inc. (2.14%) and Gabelli Funds LLC (1.90%). Company insiders that own Crane Company 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, Max H Mitchell, Philip R Lochner, Richard A Maue and Thomas J Craney. View Institutional Ownership Trends for Crane Company.
Who sold Crane Company stock? Who is selling Crane Company stock?
Crane Company's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Gotham Asset Management LLC, Victory Capital Management Inc., Opus Capital Group LLC, Systematic Financial Management LP, Gamco Investors INC. ET AL, Westfield Capital Management Co. LP and Hennessy Advisors Inc.. Company insiders that have sold Crane Company stock in the last year include A D Pantaleoni, Augustus I Dupont, Brendan Curran, Curtis A Baron Jr, E Thayer Bigelow, James A Lavish, James L L Tullis, Kristian Robert Salovaara, Louis V Pinkham, Philip R Lochner, Richard A Maue and Thomas J Craney. View Insider Buying and Selling for Crane Company.
Who bought Crane Company stock? Who is buying Crane Company stock?
Crane Company's stock was acquired by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Prudential Financial Inc., SG Americas Securities LLC, FMR LLC, JPMorgan Chase & Co., Robecosam AG, Vanguard Group Inc. and BlackRock Inc.. View Insider Buying and Selling for Crane Company.
How do I buy Crane Company stock?
Shares of Crane Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Crane Company's stock price today?
MarketBeat Community Rating for Crane Company (NYSE CR)MarketBeat's community ratings are surveys of what our community members think about Crane Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Crane Company stock can currently be purchased for approximately $72.97.
Consensus Ratings for Crane Company (NYSE:CR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||5 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.55)|
|Consensus Price Target: ||$74.57 (2.19% upside)|
Analysts' Ratings History for Crane Company (NYSE:CR)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/14/2017||Wolfe Research||Upgrade||Market Perform -> Outperform||Low|
|7/14/2017||Stifel Nicolaus||Reiterated Rating||Hold||$85.00||Low|
|5/16/2017||Canaccord Genuity||Upgrade||Hold -> Buy||$78.00 -> $92.00||Medium|
|5/1/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$82.00 -> $90.00||Low|
|4/25/2017||William Blair||Upgrade||Market Perform -> Outperform||Medium|
|3/6/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||$90.00||N/A|
|2/1/2017||Seaport Global Securities||Downgrade||Accumulate -> Neutral||$71.00 -> $72.00||N/A|
|1/31/2017||Boenning Scattergood||Downgrade||Outperform -> Neutral||N/A|
|11/6/2016||Credit Suisse Group||Set Price Target||Hold||$8.00||N/A|
|10/12/2016||Avondale Partners||Reiterated Rating||Market Perform||N/A|
|7/27/2016||Royal Bank Of Canada||Reiterated Rating||Sector Perform||$57.00 -> $63.00||N/A|
|7/11/2016||Alembic Global Advisors||Initiated Coverage||Neutral||$61.00||N/A|
|5/26/2016||Topeka Capital Markets||Initiated Coverage||Buy||$62.00||N/A|
|4/27/2016||Susquehanna Bancshares Inc||Boost Price Target||Neutral||$60.00||N/A|
|1/11/2016||Vertical Research||Upgrade||Hold -> Buy||N/A|
Earnings History for Crane Company (NYSE:CR)Earnings History by Quarter for Crane Company (NYSE CR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017||Q2 2017||$1.17||$1.17||$702.53 million||$702.50 million||View||N/A|
|4/24/2017||Q1 2017||$1.00||$1.05||$655.84 million||$673.40 million||View||N/A|
|1/30/2017||Q416||$0.98||$1.02||$664.63 million||$681.00 million||View||N/A|
|10/24/2016||Q316||$1.01||$1.07||$666.89 million||$694.00 million||View||Listen|
|7/25/2016||Q216||$1.02||$1.21||$697.13 million||$712.20 million||View||Listen|
|4/25/2016||Q116||$0.86||$0.93||$644.74 million||$660.00 million||View||Listen|
|1/25/2016||Q415||$1.10||$1.12||$694.99 million||$680.00 million||View||Listen|
|10/26/2015||Q315||$1.06||$1.03||$697.63 million||$670.00 million||View||Listen|
|7/27/2015||Q215||$1.06||$1.06||$706.91 million||$711.00 million||View||Listen|
|4/27/2015||Q115||$1.00||$0.92||$674.43 million||$678.80 million||View||N/A|
|1/26/2015||Q414||$1.13||$1.13||$741.05 million||$731.00 million||View||N/A|
|10/27/2014||Q314||$1.17||$1.12||$769.70 million||$727.40 million||View||N/A|
|7/28/2014||Q214||$1.16||$1.15||$758.20 million||$750.10 million||View||N/A|
|4/28/2014||Q114||$1.05||$1.05||$725.97 million||$716.83 million||View||N/A|
|10/28/2013||Q313||$1.06||$1.04||$662.88 million||$637.50 million||View||N/A|
|7/22/2013||Q2 2013||$1.04||$1.06||$664.47 million||$648.70 million||View||N/A|
|4/22/2013||Q1 2013||$1.03||$1.04||$659.37 million||$627.57 million||View||N/A|
|1/28/2013||Q4 2012||$0.96||$0.92||$651.64 million||$629.79 million||View||N/A|
Earnings Estimates for Crane Company (NYSE:CR)
2017 EPS Consensus Estimate: $4.36
2018 EPS Consensus Estimate: $4.77
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Crane Company (NYSE:CR)
|Dividend Growth:||4.40% (3 Year Average)|
|Payout Ratio:||60.83% (Trailing 12 Months of Earnings) |
29.53% (Based on This Year's Estimates)
26.35% (Based on Next Year's Estimates)
Dividend History by Quarter for Crane Company (NYSE CR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Crane Company (NYSE:CR)
Insider Ownership Percentage: 3.10%Insider Trades by Quarter for Crane Company (NYSE:CR)
Institutional Ownership Percentage: 70.61%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/4/2017||Kristian Robert Salovaara||VP||Sell||9,200||$76.20||$701,040.00|| |
|5/16/2017||Curtis A Baron Jr||VP||Sell||5,364||$79.60||$426,974.40|| |
|4/28/2017||Richard A Maue||VP||Sell||14,528||$79.83||$1,159,770.24|| |
|4/27/2017||Philip R Lochner||Director||Sell||2,000||$80.21||$160,420.00|| |
|4/27/2017||Thomas J Craney||Insider||Sell||4,500||$80.45||$362,025.00|| |
|2/28/2017||James A Lavish||VP||Sell||237||$72.65||$17,218.05|| |
|2/24/2017||Brendan Curran||Insider||Sell||12,632||$71.21||$899,524.72|| |
|2/7/2017||Thomas J Craney||Insider||Sell||4,176||$74.18||$309,775.68|| |
|2/3/2017||Kristian Robert Salovaara||VP||Sell||15,494||$74.85||$1,159,725.90|| |
|2/3/2017||Louis V Pinkham||Insider||Sell||34,948||$75.08||$2,623,895.84|| |
|2/2/2017||James L L Tullis||Director||Sell||2,000||$74.37||$148,740.00|| |
|11/21/2016||A D Pantaleoni||VP||Sell||5,000||$74.29||$371,450.00|| |
|11/1/2016||Philip R Lochner||Director||Sell||2,000||$68.26||$136,520.00|| |
|10/31/2016||Augustus I Dupont||VP||Sell||3,000||$68.29||$204,870.00|| |
|8/24/2016||E Thayer Bigelow||Director||Sell||4,000||$64.96||$259,840.00|| |
|8/19/2016||Bradley Ellis||Insider||Sell||10,000||$65.14||$651,400.00|| |
|8/15/2016||Philip R Lochner||Director||Sell||4,000||$64.90||$259,600.00|| |
|8/11/2016||Louis V Pinkham||Insider||Sell||16,576||$65.32||$1,082,744.32|| |
|8/9/2016||Thomas J Craney||Insider||Sell||3,915||$64.54||$252,674.10|| |
|8/2/2016||A D Pantaleoni||VP||Sell||5,000||$62.74||$313,700.00|| |
|5/25/2016||Edward S Switter||VP||Sell||6,780||$56.82||$385,239.60|| |
|5/20/2016||Augustus I Dupont||VP||Sell||4,000||$54.88||$219,520.00|| |
|5/12/2016||Curtis A Baron Jr||VP||Sell||5,242||$55.33||$290,039.86|| |
|2/23/2016||E Thayer Bigelow||Director||Sell||4,000||$48.59||$194,360.00|| |
|2/18/2016||Thomas J Craney||Insider||Sell||3,633||$49.23||$178,852.59|| |
|1/28/2016||Max H. Mitchell||CEO||Buy||6,000||$46.10||$276,600.00|| |
|11/24/2015||Edward S. Switter||VP||Sell||3,975||$52.57||$208,965.75|| |
|11/2/2015||Edward S. Switter||VP||Sell||3,675||$53.30||$195,877.50|| |
|2/10/2015||E Thayer Bigelow||Director||Sell||2,000||$68.64||$137,280.00|| |
|2/5/2015||Donald G Cook||Director||Sell||6,500||$62.38||$405,470.00|| |
|5/27/2014||Edward S Switter||VP||Sell||1,909||$74.54||$142,296.86|| |
|5/19/2014||Richard Maue||CFO||Sell||1,100||$73.61||$80,971.00|| |
|5/1/2014||Philip Lochner||Director||Sell||2,833||$72.10||$204,259.30|| |
|2/25/2014||Augustus Dupont||VP||Sell||5,000||$66.46||$332,300.00|| |
|11/6/2013||Augustus Dupont||VP||Sell||17,268||$63.63||$1,098,762.84|| |
|11/5/2013||Eric C Fast||CEO||Sell||74,401||$63.56||$4,728,927.56|| |
|10/31/2013||Thomas J Perlitz||VP||Sell||8,000||$63.51||$508,080.00|| |
|8/23/2013||Max Mitchell||COO||Sell||30,000||$60.11||$1,803,300.00|| |
|8/15/2013||Philip Lochner||Director||Sell||2,000||$59.32||$118,640.00|| |
|8/12/2013||Thomas Perlitz||VP||Sell||10,000||$61.24||$612,400.00|| |
|8/6/2013||Eric Fast||CEO||Sell||64,505||$61.24||$3,950,286.20|| |
|7/25/2013||Thomas J Craney||Insider||Sell||37,500||$62.01||$2,325,375.00|| |
|7/25/2013||Thomas J Perlitz||VP||Sell||10,000||$62.05||$620,500.00|| |
|5/31/2013||Bradley Ellis||Insider||Sell||25,500||$59.90||$1,527,450.00|| |
|5/29/2013||James L L Tullis||Director||Sell||2,000||$59.19||$118,380.00|| |
|5/21/2013||Eric C Fast||CEO||Sell||47,993||$60.11||$2,884,859.23|| |
|5/21/2013||Thomas J Perlitz||VP||Sell||7,500||$60.17||$451,275.00|| |
|5/15/2013||Andrew L Krawitt||VP||Sell||4,500||$59.75||$268,875.00|| |
|5/13/2013||Eric C Fast||CEO||Sell||46,268||$58.40||$2,702,051.20|| |
|5/10/2013||Richard S Forte||Director||Sell||7,000||$57.63||$403,410.00|| |
Headline Trends for Crane Company (NYSE:CR)
Latest Headlines for Crane Company (NYSE:CR)
Crane Company (CR) Chart for Monday, August, 21, 2017