Skip to Content
Morningstar

Crane Co CR

Morningstar Rating
Unlock
Stock XNYS Rating as of
$144.35 +0.37 (0.26%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Crane Earnings: Strong Orders and Growing Backlog Drive Improved 2024 Outlook

Krzysztof Smalec

We’re raising our fair value estimate for narrow-moat-rated Crane to $110 per share from $100 after the company reported strong first-quarter results. We were encouraged to see Crane’s first-quarter core orders and core backlog both increase by 11% from the same period last year. Management raised its outlook for 2024 and now anticipates core sales growth of 4%-6% (up from 3%-5%) and adjusted earnings per share of $4.75-$5.05 (up from $4.55-$4.85). Our fair value estimate increase reflects our more optimistic 2024 revenue growth and operating margin assumptions as well as the time value of money.

Read Full Report

Price vs Fair Value

View History
CR is trading at a 31% premium.
Price
$130.73
Fair Value
$137.00
Uncertainty
Medium
1-Star Price
$576.00
5-Star Price
$93.00
Economic Moat
Gwwpmjn
Capital Allocation
Vzckwlxs

Bulls Say, Bears Say

Bulls

Crane owns a portfolio of moatworthy businesses that enjoy leading share in niche end markets.

Bears

We expect the company to continue to pursue strategic acquisitions, and poor execution of its M&A strategy could destroy shareholder value.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if CR is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$143.98
Day Range
$143.60–146.29
52-Week Range
$67.28–146.29
Bid/Ask
$143.00 / $150.09
Market Cap
$8.24 Bil
Volume/Avg
276,356 / 226,166

Key Statistics

Price/Earnings (Normalized)
33.64
Price/Sales
3.97
Dividend Yield (Trailing)
0.52%
Dividend Yield (Forward)
0.57%
Total Yield
0.52%

Company Profile

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.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Small Core
Total Number of Employees
7,300
Website
https://www.craneco.com

Competitors

Valuation

View More
Metric
CR
IEX
PNR
Price/Earnings (Normalized)
 33.6428.0420.95
Price/Book Value
 5.854.713.95
Price/Sales
 3.975.283.22
Price/Cash Flow
 —25.4918.86
Price/Earnings
CR
IEX
PNR

Financial Strength

Metric
CR
IEX
PNR
Quick Ratio
 1.362.290.85
Current Ratio
 2.343.371.65
Interest Coverage
 12.5416.316.23
Quick Ratio
CR
IEX
PNR

Profitability

Metric
CR
IEX
PNR
Return on Assets (Normalized)
 7.99%10.56%10.00%
Return on Equity (Normalized)
 15.81%17.83%21.46%
Return on Invested Capital (Normalized)
 12.59%13.20%14.28%
Return on Assets
CR
IEX
PNR
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Specialty Industrial Machinery Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SIEGY
Siemens AG ADRGvvplwnbgBpjpx$150.5 Bil
ETN
Eaton Corp PLCGxjxvmhkyTvjsxy$126.8 Bil
ITW
Illinois Tool Works IncByljvjxcgMdtlgg$74.2 Bil
PH
Parker Hannifin CorpQvbnskdmKznlxhc$71.1 Bil
EMR
Emerson Electric CoKfhknfnLxdx$62.8 Bil
CMI
Cummins IncBwlxbjbmLvhyrv$39.8 Bil
IR
Ingersoll Rand IncLfvpchfLqwxkys$37.3 Bil
OTIS
Otis Worldwide Corp Ordinary SharesCydfhknnLvtf$37.3 Bil
ROK
Rockwell Automation IncKzvfxxdnGdkf$32.1 Bil
XYL
Xylem IncYgxzjckyYnfdz$32.1 Bil

Sponsor Center