Crane (NYSE:CR – Get Rating) up to date its FY 2022 earnings steering on Friday. The corporate offered earnings per share steering of $7.45-$7.85 for the interval, in comparison with the consensus earnings per share estimate of $7.40. The corporate issued income steering of -.
A number of equities analysts have weighed in on the corporate. Stifel Nicolaus minimize their goal value on Crane from $137.00 to $134.00 in a report on Monday, April 18th. StockNews.com lowered Crane from a strong-buy ranking to a purchase ranking in a report on Wednesday, April twenty seventh. One analysis analyst has rated the inventory with a maintain ranking and 4 have given a purchase ranking to the corporate’s inventory. In keeping with MarketBeat.com, Crane has a consensus ranking of Purchase and a consensus value goal of $124.50.
Shares of NYSE:CR opened at $84.71 on Friday. The corporate has a market cap of $4.75 billion, a P/E ratio of 11.57, a P/E/G ratio of 1.16 and a beta of 1.62. The inventory’s 50-day transferring common is $96.66 and its 200-day transferring common is $100.68. Crane has a 52-week low of $84.26 and a 52-week excessive of $114.87. The corporate has a debt-to-equity ratio of 0.49, a fast ratio of 1.48 and a present ratio of two.07.
Crane (NYSE:CR – Get Rating) final launched its earnings outcomes on Monday, April twenty fifth. The conglomerate reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.13. Crane had a return on fairness of twenty-two.54% and a web margin of 13.49%. The enterprise had income of $801.10 million for the quarter, in comparison with the consensus estimate of $800.76 million. Throughout the identical interval final 12 months, the enterprise earned $1.66 earnings per share. The agency’s income for the quarter was up 2.8% in comparison with the identical quarter final 12 months. As a gaggle, equities analysts predict that Crane will put up 7.39 EPS for the present 12 months.
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Wednesday, June eighth. Shareholders of document on Tuesday, Might thirty first have been issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized foundation and a yield of two.22%. The ex-dividend date was Friday, Might twenty seventh. Crane’s payout ratio is 25.68%.
Quite a few institutional traders and hedge funds have just lately added to or diminished their stakes within the enterprise. Financial institution of America Corp DE grew its holdings in shares of Crane by 14.4% within the 1st quarter. Financial institution of America Corp DE now owns 178,953 shares of the conglomerate’s inventory valued at $19,378,000 after shopping for an extra 22,507 shares through the interval. Neuberger Berman Group LLC lifted its place in Crane by 67.0% through the 1st quarter. Neuberger Berman Group LLC now owns 7,059 shares of the conglomerate’s inventory value $764,000 after shopping for an extra 2,832 shares within the final quarter. Keeley Teton Advisors LLC lifted its place in Crane by 52.4% through the 1st quarter. Keeley Teton Advisors LLC now owns 33,029 shares of the conglomerate’s inventory value $3,576,000 after shopping for an extra 11,357 shares within the final quarter. Walleye Capital LLC lifted its place in Crane by 281.4% through the 1st quarter. Walleye Capital LLC now owns 190,698 shares of the conglomerate’s inventory value $20,649,000 after shopping for an extra 140,703 shares within the final quarter. Lastly, Advisors Asset Administration Inc. lifted its place in Crane by 6.5% through the 1st quarter. Advisors Asset Administration Inc. now owns 12,691 shares of the conglomerate’s inventory value $1,374,000 after shopping for an extra 773 shares within the final quarter. 73.16% of the inventory is owned by hedge funds and different institutional traders.
Crane Firm Profile (Get Rating)
Crane Co, along with its subsidiaries, manufactures and sells engineered industrial merchandise in america, Canada, the UK, Continental Europe, and internationally. The Aerospace & Electronics phase presents unique tools and aftermarket elements below the Hydro-Aire, ELDEC, Lear Romec, P.L.
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