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 previous average price target of $144.33.
Analyzing Analyst Ratings: A Detailed Breakdown
A clear picture of Crane's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nathan Jones | Stifel | Raises | Buy | $168.00 | $157.00 |
| Ronald Epstein | B of A Securities | Raises | Buy | $165.00 | $140.00 |
| Damian Karas | UBS | Raises | Neutral | $152.00 | $120.00 |
| Nathan Jones | Stifel | Maintains | Buy | $157.00 | $157.00 |
| Matt Summerville | DA Davidson | Raises | Buy | $160.00 | $142.00 |
| Nathan Jones | Stifel | Raises | Buy | $157.00 | $150.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Crane. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Crane compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Crane's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Crane's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Crane analyst ratings.
Discovering Crane: A Closer Look
Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2.1 billion in revenue in 2023.
Crane's Financial Performance
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Crane displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 10.02%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 11.46%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Crane's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 4.69%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Crane's ROA stands out, surpassing industry averages. With an impressive ROA of 2.73%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Crane's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.26.
What Are Analyst Ratings?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.