Crane (CR) to Release Earnings on Monday

Crane (NYSE:CR) will likely be announcing its earnings results after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $1.29 per share and revenue of $546.93 million for the quarter. Crane has set its FY 2025 guidance at 5.300-5.600 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Crane (NYSE:CR) last issued its earnings results on Monday, January 27th. The conglomerate reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07. Crane had a net margin of 13.10% and a return on equity of 24.45%. During the same quarter in the previous year, the business earned $0.90 earnings per share. On average, analysts expect Crane to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Crane Trading Up 0.7 %

Crane stock opened at $142.51 on Monday. Crane has a 1 year low of $127.04 and a 1 year high of $188.52. The firm’s 50 day moving average price is $153.92 and its two-hundred day moving average price is $160.63. The firm has a market cap of $8.18 billion, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 1.93 and a beta of 1.31. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.88 and a current ratio of 1.18.

Crane Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.65%. This is a boost from Crane’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, February 28th. Crane’s payout ratio is presently 18.18%.

Insiders Place Their Bets

In other Crane news, VP Alejandro Alcala sold 2,293 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $170.96, for a total value of $392,011.28. Following the transaction, the vice president now directly owns 32,963 shares of the company’s stock, valued at $5,635,354.48. This represents a 6.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.12% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on CR shares. DA Davidson reissued a “buy” rating and issued a $200.00 price target on shares of Crane in a research note on Tuesday, March 11th. StockNews.com lowered shares of Crane from a “buy” rating to a “hold” rating in a report on Tuesday, March 4th. UBS Group raised their price objective on shares of Crane from $152.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Stifel Nicolaus cut their target price on shares of Crane from $170.00 to $144.00 and set a “hold” rating on the stock in a research note on Monday, April 14th. Finally, Deutsche Bank Aktiengesellschaft set a $186.00 target price on Crane and gave the stock a “buy” rating in a research report on Monday, April 14th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $170.40.

Crane Company Profile

Crane Company, together with its subsidiaries, manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally. The company operates in three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials.