In the latest session, Crane Company (NYSE: CR) closed at $74.62 up 0.23% from its previous closing price of $74.45. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 504791 shares were traded. CR stock price reached its highest trading level at $75.91 during the session, while it also had its lowest trading level at $73.16.
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For a deeper understanding of Crane Company’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 15 when MITCHELL MAX H sold 37,495 shares for $76.48 per share. The transaction valued at 2,867,684 led to the insider holds 322,628 shares of the business.
Switter Edward S sold 49,409 shares of CR for $5,923,151 on Feb 28. The V.P. Treasury & Tax now owns 25,174 shares after completing the transaction at $119.88 per share. On Feb 07, another insider, Gallo Kurt F., who serves as the Senior Vice President of the company, sold 8,263 shares for $119.03 each. As a result, the insider received 983,545 and left with 289 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CR now has a Market Capitalization of 4.23B and an Enterprise Value of 5.06B. As of this moment, Crane’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.19, and their Forward P/E ratio for the next fiscal year is 18.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.09 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 1.51 whereas that against EBITDA is 6.89.
Stock Price History:
Over the past 52 weeks, CR has reached a high of $83.00, while it has fallen to a 52-week low of $67.28. The 50-Day Moving Average of the stock is 75.48, while the 200-Day Moving Average is calculated to be 75.48.
For the past three months, CR has traded an average of 478.26K shares per day and 458.11k over the past ten days. A total of 56.73M shares are outstanding, with a floating share count of 56.16M. Shares short for CR as of Apr 27, 2023 were 462.74k with a Short Ratio of 0.46M, compared to 438.35k on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.82% and a Short% of Float of 1.09%.
Dividends & Splits
According to the company, the forward annual dividend rate for CR is 0.72, from 1.41 in the trailing year. Against a Trailing Annual Dividend Yield of 1.89%, it implies a Forward Annual Dividend Yield of 0.97%. The stock’s 5-year Average Dividend Yield is 1.99. The current Payout Ratio is 0.00% for CR, which recently paid a dividend on Jun 07, 2023 with an ex-dividend date of May 29, 2023. Stock splits for the company last occurred on Sep 14, 1998 when the company split stock in a 3:2 ratio.
There are 2 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0.84, with high estimates of $0.85 and low estimates of $0.83.
Analysts are recommending an EPS of between $3.85 and $3.72 for the fiscal current year, implying an average EPS of $3.78. EPS for the following year is $4.14, with 3 analysts recommending between $4.2 and $4.02.
Based on 3 analysts’ estimates, the company’s revenue will be $2.12B in the next fiscal year. The high estimate is $2.18B and the low estimate is $2.04B. The average revenue growth estimate for next year is up 5.20% from the average revenue estimate for this year.