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

Crane (NYSE:CR) posted its earnings results on Monday. The conglomerate reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.07, Zacks reports. Crane had a net margin of 13.10% and a return on equity of 24.45%. During the same period last year, the firm posted $0.90 EPS. Crane updated its FY 2025 guidance to 5.300-5.600 EPS.

Crane Stock Performance

Shares of Crane stock opened at $156.35 on Tuesday. Crane has a 52 week low of $110.49 and a 52 week high of $188.52. The company has a market cap 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 business has a 50 day moving average price of $163.69 and a 200-day moving average price of $158.47. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.29.

Crane Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be paid a dividend of $0.23 per share. 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 is currently 18.06%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. UBS Group raised their price target 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. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Crane from $175.00 to $182.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, Stifel Nicolaus decreased their price objective on shares of Crane from $176.00 to $170.00 and set a “hold” rating for the company in a report on Friday. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Crane currently has a consensus rating of “Moderate Buy” and a consensus 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.