Last $58.30 USD
Change Today +1.11 / 1.94%
Volume 690.2K
CR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

crane co (CR) Snapshot

Open
$57.49
Previous Close
$57.19
Day High
$58.38
Day Low
$57.30
52 Week High
06/9/14 - $76.96
52 Week Low
12/17/14 - $53.18
Market Cap
3.4B
Average Volume 10 Days
480.8K
EPS TTM
$3.60
Shares Outstanding
59.0M
EX-Date
11/25/14
P/E TM
16.2x
Dividend
$1.32
Dividend Yield
2.16%
Current Stock Chart for CRANE CO (CR)

crane co (CR) Related Businessweek News

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crane co (CR) Details

Crane Co. manufactures and sells engineered industrial products in the United States and internationally. It operates in four segments: Aerospace & Electronics, Engineered Materials, Merchandising Systems, and Fluid Handling. The Aerospace & Electronics segment offers pressure, fuel flow, and position sensors and subsystems; brake control systems; coolant, lube, and fuel pumps; and seat actuation products. This segment also provides power supplies and custom microelectronics for aerospace, defense, medical, and other applications; and electrical power components, power management products, electronic radio frequency, and microwave frequency components and subsystems for the defense, space, and military communications markets. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels for the truck trailer and recreational vehicle markets, industrial markets, and the commercial construction industry. The Merchandising Systems segment offers vending solutions, such as food, snack, and beverage vending machines; and vending machine software and online solutions, as well as payment solutions, including coin accepters and dispensers, coin hoppers, coin recyclers, bill validators, and bill recyclers. The Fluid Handling segment manufactures and sells various industrial and commercial valves and actuators; provides valve testing, parts, and services; manufactures and sells pumps and water purification solutions; distributes pipe, pipe fittings, couplings, and connectors; and designs, manufactures, and sells corrosion-resistant plastic-lined pipes and fittings. Crane Co. was founded in 1855 and is based in Stamford, Connecticut.

9,000 Employees
Last Reported Date: 11/7/14
Founded in 1855

crane co (CR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $566.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $400.5K
President of Fluid Handling Group
Total Annual Compensation: $420.0K
Vice President, General Counsel and Secretary
Total Annual Compensation: $349.2K
Compensation as of Fiscal Year 2013.

crane co (CR) Key Developments

Crane Mulls Acquisitions

Crane Co. (NYSE:CR) intends to make acquisitions. Max Mitchell, President and Chief Executive Officer of the company said: “We like the portfolio we've had over the last 14 years, we've continued to drive a transformation within that portfolio. There's been careful pruning and significant investment that has focused our portfolio in three key strategic areas of Aerospace and Electronics, Fluid Handling, Payment and Merchandising Technologies. We've said that we will continue to look at bolt-on acquisitions that will strengthen our core, as well as look at near adjacencies. So the update to our strategy as we think about the portfolio, is clearly expanding our lens in terms of near adjacencies in core areas of Fluid Handling and Aerospace and Electronics”

Crane Co. Announces Earnings Results for the Third Quarter and Nine Months Ended of September 30, 2014; Revises Earnings Guidance for the Full Year of 2014; Announces Regular Quarterly Dividend for the Fourth Quarter of 2014, Payable on December 9, 2014

Crane Co. announced earnings results for the third quarter and nine months ended of September 30, 2014. For the quarter, the company reported total net sales of $727,413,000 against $637,515,000 a year ago. Total operating profit was $47,733,000 against $89,009,000 a year ago. Income before income taxes was $38,902,000 against $82,202,000 a year ago. Net income attributable to common shareholders was $28,079,000 against $57,131,000 a year ago. Earnings per diluted share were $0.47 against $0.97 a year ago. Total cash provided by operating activities was $68,160,000 against $80,454,000 a year ago. Capital expenditures were $11,462,000 against $6,977,000 a year ago. Net income attributable to common shareholders before special items were $66,814,000 or $1.12 per share against $61,225,000 or $1.04 per share a year ago. Free cash flow was $56,698,000 against $73,477,000 a year ago. For the nine months, the company reported total net sales of $2,194,339,000 against $1,913,832,000 a year ago. Total operating profit was $226,699,000 against $264,755,000 a year ago. Income before income taxes was $197,330,000 against $245,422,000 a year ago. Net income attributable to common shareholders was $136,460,000 against $169,796,000 a year ago. Earnings per diluted share were $2.28 against $2.89 a year ago. Total cash provided by operating activities was $113,434,000 against $90,999,000 a year ago. Capital expenditures were $32,152,000 against $19,016,000 a year ago. Net income attributable to common shareholders before special items were $197,999,000 or $3.31 per share against $184,091,000 or $3.13 per share a year ago. Free cash flow was $81,282,000 against $71,983,000 a year ago. Total debt at the end of September was $864 million compared to $875 million at December 31, 2013. The company revised its 2014 earnings guidance on a GAAP basis to a range of $3.43-$3.53 per share, from a range of $4.18-$4.38 per share. The company also reduced its 2014 earnings per share guidance, excluding special items, to a range of $4.40-$4.50, from the prior range of $4.55-$4.75. The company now expects 2014 sales of approximately $2.95 billion, versus prior guidance of approximately $3.0 billion. The company continue to expect its 2014 full year tax rate, excluding special items, to be roughly 31%. The company also announced its regular quarterly dividend of $0.33 per share for the fourth quarter of 2014. The dividend is payable on December 9, 2014 to shareholders of record as of the close of business on November 28, 2014.

Crane Co. to Report Q3, 2014 Results on Oct 27, 2014

Crane Co. announced that they will report Q3, 2014 results After-Market on Oct 27, 2014

 

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Industry Analysis

CR

Industry Average

Valuation CR Industry Range
Price/Earnings 18.7x
Price/Sales 1.2x
Price/Book 2.7x
Price/Cash Flow 18.5x
TEV/Sales 0.8x
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