DA Davidson analyst Matt Summerville maintains Crane (NYSE:CR) with a Buy and raises the price target from $142 to $160.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $176.00 | Buy → Hold | Stifel |
| 4/24/2024 | Hold → Buy | Vertical Research | |
| 11/20/2023 | $110.00 | Hold | Vertical Research |
| 10/30/2023 | Market Outperform | CJS Securities | |
| 9/28/2023 | $118.00 | Buy | Deutsche Bank |
| 4/4/2023 | $90.00 | Buy | DA Davidson |
| 3/24/2023 | $132.00 → $120.00 | Buy → Neutral | UBS |
| 12/12/2022 | $116.00 → $129.00 | Equal-Weight → Overweight | Morgan Stanley |
Crane Company (NYSE:CR) ("Crane" or the "Company"), a premier industrial manufacturing and technology company, announced that on Friday, November 1, 2024, it completed the acquisition of Technifab Products, Inc. ("Technifab"), a leading provider of vacuum insulated pipe systems and valves for cryogenic applications for $40.5 million on a cash-free and debt- free basis. Founded in 1992 by Noel Short, Technifab is headquartered in Brazil, Indiana. Through September 2024, Technifab had trailing 12-month sales and adjusted EBITDA of approximately $20 million and $4 million, respectively (please see the Non-GAAP Explanation). Technifab joins Crane as part of the company's Process Flow Technolog
Third Quarter 2024 Highlights Earnings per diluted share (EPS) of $1.33, up 39%, and adjusted EPS of $1.38, up 34%. Sales of $597 million, up 13% driven by 6% core sales growth. Core order growth up 6% and core backlog growth up 10%, driven primarily by ongoing strength at Aerospace & Electronics. Declaring fourth quarter 2024 regular dividend of $0.205 per share. Full Year Outlook Raising and narrowing our full year adjusted EPS outlook to a range of $5.05-$5.20, up from $4.95-$5.15. Crane Company ((", Crane, ", NYSE:CR) today announced its financial results for the third quarter of 2024 and raised and narrowed its adjusted full-year EPS outlook. Max Mitchell, Crane's Chairm
Crane Company (NYSE:CR) announces the following schedule and teleconference information for its third quarter 2024 earnings release: Earnings Release: October 28, 2024 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: October 29, 2024 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Executive Vice President & CFO. The call can be accessed in a listen-only mode via the Company's website www.craneco.com. An accompanying slide presentation will also be available on the Company's website. Web Replay: Will be available on the Company's website shortly after completion of the live call. Abou
Stifel downgraded Crane from Buy to Hold and set a new price target of $176.00
Vertical Research upgraded Crane from Hold to Buy
Vertical Research initiated coverage of Crane with a rating of Hold and set a new price target of $110.00
Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Crane (NYSE:CR) in the last three months. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 3 0 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $159.83, a high estimate of $168.00, and a low estimate of $152.00. Marking an increase of 10.74%, the current average surpasses the
Stifel analyst Nathan Jones maintains Crane (NYSE:CR) with a Buy and raises the price target from $157 to $168.
B of A Securities analyst Ronald Epstein maintains Crane (NYSE:CR) with a Buy and raises the price target from $140 to $165.
SC 13G/A - Crane Co (0001944013) (Subject)
SC 13G/A - Crane NXT, Co. (0000025445) (Subject)
SC 13G/A - Crane Holdings, Co. (0000025445) (Subject)
Crane Company (NYSE:CR) ("Crane" or the "Company"), a premier industrial manufacturing and technology company, announced that on Friday, November 1, 2024, it completed the acquisition of Technifab Products, Inc. ("Technifab"), a leading provider of vacuum insulated pipe systems and valves for cryogenic applications for $40.5 million on a cash-free and debt- free basis. Founded in 1992 by Noel Short, Technifab is headquartered in Brazil, Indiana. Through September 2024, Technifab had trailing 12-month sales and adjusted EBITDA of approximately $20 million and $4 million, respectively (please see the Non-GAAP Explanation). Technifab joins Crane as part of the company's Process Flow Technolog
Third Quarter 2024 Highlights Earnings per diluted share (EPS) of $1.33, up 39%, and adjusted EPS of $1.38, up 34%. Sales of $597 million, up 13% driven by 6% core sales growth. Core order growth up 6% and core backlog growth up 10%, driven primarily by ongoing strength at Aerospace & Electronics. Declaring fourth quarter 2024 regular dividend of $0.205 per share. Full Year Outlook Raising and narrowing our full year adjusted EPS outlook to a range of $5.05-$5.20, up from $4.95-$5.15. Crane Company ((", Crane, ", NYSE:CR) today announced its financial results for the third quarter of 2024 and raised and narrowed its adjusted full-year EPS outlook. Max Mitchell, Crane's Chairm
Crane Company (NYSE:CR) announces the following schedule and teleconference information for its third quarter 2024 earnings release: Earnings Release: October 28, 2024 after close of market by public distribution and the Crane Company website at www.craneco.com. Teleconference: October 29, 2024 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Executive Vice President & CFO. The call can be accessed in a listen-only mode via the Company's website www.craneco.com. An accompanying slide presentation will also be available on the Company's website. Web Replay: Will be available on the Company's website shortly after completion of the live call. Abou
10-Q - Crane Co (0001944013) (Filer)
8-K - Crane Co (0001944013) (Filer)
8-K - Crane Co (0001944013) (Filer)
Crane Company (NYSE:CR) ("Crane" or the "Company"), a premier industrial manufacturing and technology company, today announced the appointment of Susan D. Lynch as a Director of the Company. Since 2021, Ms. Lynch has served as a member of the board of directors of Allegro MicroSystems, a global leader in power and sensing semiconductor solutions for Automotive, Industrial, and Infrastructure systems. In addition, Ms. Lynch currently sits on the board of directors of Onto Innovation Inc., a leader in semiconductor support and process control solutions. Ms. Lynch previously served as Senior Vice President and Chief Financial Officer at V2X (formerly Vectrus, Inc.) from August 2019 to Septem
Crane Company (NYSE:CR) ("Crane" or the "Company"), a premier industrial manufacturing and technology company, today announced the resignation of John S. Stroup as a Director of the Company. On June 4, 2024, John S. Stroup, a current member of the Company's Board of Directors, notified the Board of his intention to resign from the Board, effective as of July 22, 2024 due to additional professional commitments including his election to Partner at Clayton, Dubilier & Rice, a private investment firm. The Board accepted John's resignation on June 5, 2024. Max H. Mitchell, Chairman of the Board, President and Chief Executive Officer of Crane Company said "This is an outstanding opportunity f
Adds Three Mutually Agreed-Upon Independent Directors Supported by Elliott Establishes New Board Committee to Oversee Strategic and Operational Review AKRON, Ohio, July 25, 2023 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) ("Goodyear") today announced enhancements to its Board of Directors in connection with a cooperation agreement with Elliott Investment Management L.P. (together with its affiliates, collectively "Elliott"). Three highly experienced business leaders, mutually agreed-upon between Goodyear and Elliott, will join the Board effective immediately
4 - Crane Co (0001944013) (Issuer)
4 - Crane Co (0001944013) (Issuer)
4 - Crane Co (0001944013) (Issuer)