Crane (NYSE:CR) Posts Earnings Results, Beats Expectations By $0.07 EPS

Crane (NYSE:CR) posted its quarterly earnings data on Monday. The conglomerate reported $1.26 EPS for the quarter, beating the consensus estimate of $1.19 by $0.07, Zacks reports. Crane had a return on equity of 24.45% and a net margin of 13.10%. Crane updated its FY 2025 guidance to 5.300-5.600 EPS.

Crane Trading Down 3.3 %

Shares of CR stock traded down $5.33 during mid-day trading on Monday, reaching $156.35. The company’s stock had a trading volume of 522,720 shares, compared to its average volume of 255,343. Crane has a 12-month low of $110.49 and a 12-month high of $188.52. The firm has a market capitalization of $8.95 billion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 1.93 and a beta of 1.22. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29. The company’s 50 day simple moving average is $163.99 and its 200-day simple moving average is $158.40.

Crane Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued a $0.23 dividend. This is a positive change from Crane’s previous quarterly dividend of $0.21. This represents a $0.92 annualized dividend and a yield of 0.59%. Crane’s dividend payout ratio (DPR) is presently 18.06%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Crane from $175.00 to $182.00 and gave the company a “buy” rating in a research report on Thursday, October 3rd. UBS Group boosted their target price on Crane from $152.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Finally, Stifel Nicolaus decreased their price target on Crane from $176.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Crane presently has a consensus rating of “Moderate Buy” and an average price target of $166.80.

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.