Crane Company Stock Today
| CR Stock | USD 129.39 0.74 0.57% |
Performance6 of 100
| Odds Of DistressLess than 6
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Crane is selling at 129.39 as of the 18th of April 2024; that is -0.57% down since the beginning of the trading day. The stock's lowest day price was 129.36. Crane has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Crane Company are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 29th of March 2023 | Category Industrials |
Crane Holdings Co., together with its subsidiaries, manufactures and sells engineered industrial products in the Americas, Europe, the Middle East, Asia, and Australia. Crane Holdings Co. was founded in 1855 and is based in Stamford, Connecticut. Crane Holdings operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. The company has 56.81 M outstanding shares of which 665.54 K shares are currently sold short in the market by investors with about 2.77 days to cover all shorted shares. More on Crane Company
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Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Crane Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Crane's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Crane or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Max Mitchell | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, NYSE Composite, SP Midcap 400, SRI Sustainable Growth, Construction Materials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Crane report their recommendations after researching Crane's financial statements, talking to executives and customers, or listening in on Crane's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Crane Company. The Crane consensus assessment is calculated by taking the average forecast from all of the analysts covering Crane. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Crane's historical financial statements, Crane Company may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Crane Company is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Crane's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Crane's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Crane's financial leverage. It provides some insight into what part of Crane's total assets is financed by creditors.
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Crane Company (CR) is traded on New York Stock Exchange in USA. It is located in 100 First Stamford Place, Stamford, CT, United States, 06902 and employs 7,300 people. Crane is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 6.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Crane's market, we take the total number of its shares issued and multiply it by Crane's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Crane Company is active under Machinery sector as part of Industrials industry. The entity has 56.81 M outstanding shares of which 665.54 K shares are currently sold short in the market by investors with about 2.77 days to cover all shorted shares.
Crane Company reports about 427 M in cash with 193.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.6.
Check Crane Probability Of Bankruptcy
Ownership AllocationCrane Company retains a total of 56.81 Million outstanding shares. The majority of Crane Company outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Crane Company to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Crane. Please pay attention to any change in the institutional holdings of Crane Company as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Crane Ownership Details
Crane Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Crane jumping above the current price in 90 days from now is about 34.68%. The Crane Company probability density function shows the probability of Crane stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.4571 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Crane will likely underperform. Additionally, crane Company has an alpha of 0.1415, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Crane to move above the current price in 90 days from now is about 34.68 (This Crane Company probability density function shows the probability of Crane Stock to fall within a particular range of prices over 90 days) .
Crane Historical Income Statement
Crane Company Income Statement is one of the three primary financial statements used for reporting Crane's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Crane Company revenue and expense. Crane Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Crane's Depreciation And Amortization is relatively stable compared to the past year. As of 04/18/2024, Total Revenue is likely to grow to about 2.3 B, while Operating Income is likely to drop slightly above 219 M. View More FundamentalsCrane Stock Against Markets
Picking the right benchmark for Crane stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Crane stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Crane is critical whether you are bullish or bearish towards Crane Company at a given time. Please also check how Crane's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Crane without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Crane Corporate Directors
Crane corporate directors refer to members of a Crane board of directors. The board of directors generally takes responsibility for the Crane's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Crane's board members must vote for the resolution. The Crane board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Peter Scannell | Director | Profile | |
| Donald Cook | Independent Director | Profile | |
| Ronald Lindsay | Independent Director | Profile | |
| Jennifer Pollino | Independent Director | Profile |
How to buy Crane Stock?
Before investing in Crane, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Crane. To buy Crane stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Crane. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Crane stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Crane Company stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Crane Company stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Crane Company, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Crane Stock please use our How to Invest in Crane guide.
Already Invested in Crane Company?
The danger of trading Crane Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Crane is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Crane. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Crane Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Crane Company is a strong investment it is important to analyze Crane's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crane's future performance. For an informed investment choice regarding Crane Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crane Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Crane Stock analysis
When running Crane's price analysis, check to measure Crane's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.
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Is Crane's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crane. If investors know Crane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.3 | Earnings Share 7.4 | Revenue Per Share 59.758 | Quarterly Revenue Growth 0.104 | Return On Assets 0.1138 |
The market value of Crane Company is measured differently than its book value, which is the value of Crane that is recorded on the company's balance sheet. Investors also form their own opinion of Crane's value that differs from its market value or its book value, called intrinsic value, which is Crane's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crane's market value can be influenced by many factors that don't directly affect Crane's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crane's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.