Crane (NYSE:CR) updated its FY19 earnings guidance on Monday. The company provided EPS guidance of $5.90-6.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.37.
Several research firms have commented on CR. DA Davidson raised their target price on shares of Crane from $105.00 to $107.00 and gave the company a buy rating in a research note on Wednesday, July 24th. Buckingham Research raised their target price on shares of Crane from $97.00 to $102.00 and gave the company a buy rating in a research note on Wednesday, July 24th. Finally, ValuEngine raised shares of Crane from a sell rating to a hold rating in a research note on Wednesday, October 2nd. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $95.88.
Shares of NYSE:CR traded up $1.63 during trading hours on Monday, hitting $84.27. 282,952 shares of the company’s stock traded hands, compared to its average volume of 297,149. Crane has a 52 week low of $67.18 and a 52 week high of $94.67. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.50 and a current ratio of 2.17. The company’s fifty day simple moving average is $80.21 and its two-hundred day simple moving average is $81.52. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 14.07, a price-to-earnings-growth ratio of 1.71 and a beta of 1.35.
Crane Co manufactures and sells engineered industrial products in the United States and internationally. The company's Fluid Handling segment provides on/off valves and related products for application in the chemical, oil and gas, power, and general industrial end markets; valves and related products for the non-residential construction, general industrial, and municipal markets; and pumps and related products for water and wastewater applications in the industrial, municipal, commercial, and military markets.
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